Chonburi Concrete (Thailand) Analysis

CCP Stock  THB 0.29  0.01  3.33%   
Chonburi Concrete Product is overvalued with Real Value of 0.19 and Hype Value of 0.29. The main objective of Chonburi Concrete stock analysis is to determine its intrinsic value, which is an estimate of what Chonburi Concrete Product is worth, separate from its market price. There are two main types of Chonburi Concrete's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Chonburi Concrete's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Chonburi Concrete's stock to identify patterns and trends that may indicate its future price movements.
The Chonburi Concrete 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 Chonburi Concrete Product. 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.

Chonburi Stock Analysis Notes

About 61.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.86. Some equities with similar Price to Book (P/B) outperform the market in the long run. Chonburi Concrete Product has Price/Earnings (P/E) ratio of 200.0. The entity last dividend was issued on the 9th of May 2022. The firm had 13:12 split on the 9th of April 2015. Chonburi Concrete Product Public Company Limited manufactures and distributes concrete products and ready mixed concrete in Thailand. Chonburi Concrete Product Public Company Limited was founded in 1983 and is based in Chonburi, Thailand. CHONBURI CONCRETE operates under Building Materials classification in Thailand and is traded on Stock Exchange of Thailand. For more info on Chonburi Concrete Product please contact the company at 66 61 409 8877 or go to https://www.ccp.co.th.

Chonburi Concrete Product Investment Alerts

Chonburi Concrete is way too risky over 90 days horizon
Chonburi Concrete has some characteristics of a very speculative penny stock
Chonburi Concrete appears to be risky and price may revert if volatility continues
The company has 75.5 Million in debt which may indicate that it relies heavily on debt financing
About 61.0% of the company shares are held by company insiders

Chonburi Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.3 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chonburi Concrete's market, we take the total number of its shares issued and multiply it by Chonburi Concrete'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.

Technical Drivers

As of the 27th of November, Chonburi Concrete shows the Risk Adjusted Performance of 0.0689, mean deviation of 1.56, and Downside Deviation of 3.32. Chonburi Concrete Product 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.

Chonburi Concrete Product Price Movement Analysis

Execute Study
java.lang.NullPointerException: Cannot invoke "java.lang.Number.intValue()" because the return value of "sun.invoke.util.ValueConversions.primitiveConversion(sun.invoke.util.Wrapper, Object, boolean)" is null. 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. Chonburi Concrete 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 Chonburi Concrete Product. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Chonburi Concrete Outstanding Bonds

Chonburi Concrete issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Chonburi Concrete Product uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Chonburi bonds can be classified according to their maturity, which is the date when Chonburi Concrete Product has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Chonburi Concrete Predictive Daily Indicators

Chonburi Concrete 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 Chonburi Concrete 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.

Chonburi Concrete Forecast Models

Chonburi Concrete's time-series forecasting models are one of many Chonburi Concrete'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 Chonburi Concrete'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 Chonburi Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Chonburi Concrete 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 Chonburi 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 Chonburi Concrete. By using and applying Chonburi Stock analysis, traders can create a robust methodology for identifying Chonburi entry and exit points for their positions.
Chonburi Concrete Product Public Company Limited manufactures and distributes concrete products and ready mixed concrete in Thailand. Chonburi Concrete Product Public Company Limited was founded in 1983 and is based in Chonburi, Thailand. CHONBURI CONCRETE operates under Building Materials classification in Thailand and is traded on Stock Exchange of Thailand.

Be your own money manager

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 Chonburi Concrete to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Economic Indicators Now

   

Economic Indicators

Top statistical indicators that provide insights into how an economy is performing
All  Next Launch Module

Other Information on Investing in Chonburi Stock

Chonburi Concrete financial ratios help investors to determine whether Chonburi 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 Chonburi with respect to the benefits of owning Chonburi Concrete security.