Absolute Clean (Thailand) Analysis

ACE Stock  THB 1.30  0.01  0.78%   
Absolute Clean Energy is overvalued with Real Value of 0.85 and Hype Value of 1.3. The main objective of Absolute Clean stock analysis is to determine its intrinsic value, which is an estimate of what Absolute Clean Energy is worth, separate from its market price. There are two main types of Absolute Clean's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Absolute Clean's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Absolute Clean's stock to identify patterns and trends that may indicate its future price movements.
The Absolute Clean stock is traded in Thailand on Thailand Exchange, with the market opening at 10:00:00 and closing at 16:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Thailand.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Absolute Clean Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Absolute Stock Analysis Notes

About 77.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.9. Some equities with similar Price to Book (P/B) outperform the market in the long run. Absolute Clean Energy has Price/Earnings To Growth (PEG) ratio of 0.57. The entity last dividend was issued on the 14th of March 2022. Absolute Clean Energy Public Company Limited, together with its subsidiaries, operates biomass, municipal solid waste, natural gas, and solar energy power plants in Thailand. The company was founded in 2015 and is headquartered in Bangkok, Thailand. ABSOLUTE CLEAN is traded on Stock Exchange of Thailand in Thailand. For more info on Absolute Clean Energy please contact Teerawut Songmetta at 66 1 104 8821 or go to https://www.ace-energy.co.th.

Absolute Clean Energy Investment Alerts

Absolute Clean is way too risky over 90 days horizon
Absolute Clean may become a speculative penny stock
Absolute Clean appears to be risky and price may revert if volatility continues
About 77.0% of the company shares are held by company insiders

Absolute Clean Thematic Classifications

In addition to having Absolute Clean stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Cleaning Idea
Cleaning
Cleaning products, supplies, and accessories

Absolute Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 24.58 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Absolute Clean's market, we take the total number of its shares issued and multiply it by Absolute Clean's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Absolute Profitablity

Absolute Clean's profitability indicators refer to fundamental financial ratios that showcase Absolute Clean's ability to generate income relative to its revenue or operating costs. If, let's say, Absolute Clean is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Absolute Clean's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Absolute Clean's profitability requires more research than a typical breakdown of Absolute Clean's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.22 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.23 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.23.

Technical Drivers

As of the 28th of November, Absolute Clean shows the Mean Deviation of 0.8855, standard deviation of 1.2, and Risk Adjusted Performance of (0.04). Absolute Clean Energy technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Absolute Clean Energy Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Absolute Clean middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Absolute Clean Energy. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Absolute Clean Predictive Daily Indicators

Absolute Clean intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Absolute Clean stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Absolute Clean Forecast Models

Absolute Clean's time-series forecasting models are one of many Absolute Clean's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Absolute Clean's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Absolute Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Absolute Clean prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Absolute shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Absolute Clean. By using and applying Absolute Stock analysis, traders can create a robust methodology for identifying Absolute entry and exit points for their positions.
Absolute Clean Energy Public Company Limited, together with its subsidiaries, operates biomass, municipal solid waste, natural gas, and solar energy power plants in Thailand. The company was founded in 2015 and is headquartered in Bangkok, Thailand. ABSOLUTE CLEAN is traded on Stock Exchange of Thailand in Thailand.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Absolute Clean to your portfolios without increasing risk or reducing expected return.

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Other Information on Investing in Absolute Stock

Absolute Clean financial ratios help investors to determine whether Absolute Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Absolute with respect to the benefits of owning Absolute Clean security.