Thai Eastern (Thailand) Analysis
| TEGH Stock | 3.22 0.02 0.62% |
Thai Eastern Group is overvalued with Real Value of 2.86 and Hype Value of 3.22. The main objective of Thai Eastern stock analysis is to determine its intrinsic value, which is an estimate of what Thai Eastern Group is worth, separate from its market price. There are two main types of Thai Eastern's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Thai Eastern's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Thai Eastern's stock to identify patterns and trends that may indicate its future price movements.
The Thai Eastern 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.
Thai |
Thai Stock Analysis Notes
About 77.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.68. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Thai Eastern Group had not issued any dividends in recent years. To find out more about Thai Eastern Group contact the company at 66 3 816 8555 or learn more at https://www.thaieasterngroup.com.Thai Eastern Group Investment Alerts
| Thai Eastern Group generated a negative expected return over the last 90 days | |
| About 77.0% of the company outstanding shares are owned by corporate insiders |
Thai Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Thai Eastern's market, we take the total number of its shares issued and multiply it by Thai Eastern'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.Thai Profitablity
Thai Eastern's profitability indicators refer to fundamental financial ratios that showcase Thai Eastern's ability to generate income relative to its revenue or operating costs. If, let's say, Thai Eastern is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Thai Eastern'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 Thai Eastern's profitability requires more research than a typical breakdown of Thai Eastern'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 0.05 %, 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 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06. Technical Drivers
As of the 23rd of November, Thai Eastern has the Variance of 8.51, risk adjusted performance of (0.01), and Coefficient Of Variation of (3,940). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thai Eastern Group, as well as the relationship between them.Thai Eastern Group Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Thai Eastern 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 Thai Eastern Group. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Thai Eastern Predictive Daily Indicators
Thai Eastern 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 Thai Eastern 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.
| Accumulation Distribution | 81197.27 | |||
| Daily Balance Of Power | (0.20) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 3.21 | |||
| Day Typical Price | 3.21 | |||
| Period Momentum Indicator | (0.02) | |||
| Relative Strength Index | 43.04 |
Thai Eastern Forecast Models
Thai Eastern's time-series forecasting models are one of many Thai Eastern'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 Thai Eastern'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.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 Thai Eastern to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Thai Stock
Thai Eastern financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Eastern security.