Techno Medical (Thailand) Analysis

TM Stock  THB 1.20  0.04  3.45%   
Techno Medical Public is overvalued with Real Value of 1.05 and Hype Value of 1.2. The main objective of Techno Medical stock analysis is to determine its intrinsic value, which is an estimate of what Techno Medical Public is worth, separate from its market price. There are two main types of Techno Medical's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Techno Medical's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Techno Medical's stock to identify patterns and trends that may indicate its future price movements.
The Techno Medical 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Techno Medical Public. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Techno Stock Analysis Notes

About 75.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.93. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Techno Medical Public last dividend was issued on the 25th of April 2022. The entity had 11:10 split on the 27th of April 2017. Techno Medical Public Company Limited trades in medical supplies, tools, and equipment in Thailand. Techno Medical Public Company Limited is based in Bangkok, Thailand. TECHNO MEDICAL operates under Medical Distribution classification in Thailand and is traded on Stock Exchange of Thailand. To find out more about Techno Medical Public contact Soonthree Chanlongbutra at 66 2 933 1360 or learn more at https://www.technomedical.co.th.

Techno Medical Public Investment Alerts

Techno Medical is way too risky over 90 days horizon
Techno Medical may become a speculative penny stock
Techno Medical appears to be risky and price may revert if volatility continues
About 75.0% of the company outstanding shares are owned by corporate insiders

Techno Medical Thematic Classifications

In addition to having Techno Medical 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.
IT Idea
IT
Information technology and IT services
Drugs Idea
Drugs
Drug manufacturing and delivery

Techno Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 843.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Techno Medical's market, we take the total number of its shares issued and multiply it by Techno Medical'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.

Techno Profitablity

Techno Medical's profitability indicators refer to fundamental financial ratios that showcase Techno Medical's ability to generate income relative to its revenue or operating costs. If, let's say, Techno Medical is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Techno Medical'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 Techno Medical's profitability requires more research than a typical breakdown of Techno Medical'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 0.02 %, 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 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04.

Technical Drivers

As of the 1st of December, Techno Medical has the Coefficient Of Variation of (1,864), risk adjusted performance of (0.03), and Variance of 4.78. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Techno Medical Public, as well as the relationship between them.

Techno Medical Public Price Movement Analysis

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The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Techno Medical 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 Techno Medical Public. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Techno Medical Outstanding Bonds

Techno Medical 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. Techno Medical Public 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 Techno bonds can be classified according to their maturity, which is the date when Techno Medical Public 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.

Techno Medical Predictive Daily Indicators

Techno Medical 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 Techno Medical 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.

Techno Medical Forecast Models

Techno Medical's time-series forecasting models are one of many Techno Medical'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 Techno Medical'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 Techno Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Techno Medical 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 Techno 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 Techno Medical. By using and applying Techno Stock analysis, traders can create a robust methodology for identifying Techno entry and exit points for their positions.
Techno Medical Public Company Limited trades in medical supplies, tools, and equipment in Thailand. Techno Medical Public Company Limited is based in Bangkok, Thailand. TECHNO MEDICAL operates under Medical Distribution classification in Thailand and is traded on Stock Exchange of 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 Techno Medical to your portfolios without increasing risk or reducing expected return.

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Other Information on Investing in Techno Stock

Techno Medical financial ratios help investors to determine whether Techno 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 Techno with respect to the benefits of owning Techno Medical security.