Rayong Wire Financials
| RWI Stock | THB 0.51 0.01 1.92% |
Rayong |
Rayong Wire Stock Summary
Rayong Wire competes with Tata Steel, G J, POSCO Thainox, TMT Steel, and MCS Steel. Rayong Wire Industries Public Company Limited manufactures and distributes steel wire products primarily in Thailand. Rayong Wire Industries Public Company Limited is a subsidiary of Capital Engineering Network Public Company Limited. RAYONG WIRE operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.| Foreign Associate | Germany |
| Instrument | Thailand Stock View All |
| Exchange | Thailand Exchange |
| ISIN | TH5359010003 |
| Business Address | No1011 Supalai Grand |
| Sector | Basic Materials |
| Industry | Steel |
| Benchmark | Dow Jones Industrial |
| Website | www.rwi.co.th |
| Phone | 66 2 049 1001 4 |
| Currency | THB - Thailand Baht |
You should never invest in Rayong Wire without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Rayong Stock, because this is throwing your money away. Analyzing the key information contained in Rayong Wire's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Rayong Wire Key Financial Ratios
Rayong Wire's financial ratios allow both analysts and investors to convert raw data from Rayong Wire's financial statements into concise, actionable information that can be used to evaluate the performance of Rayong Wire over time and compare it to other companies across industries.| Return On Equity | -0.0769 | |||
| Return On Asset | -0.0029 | |||
| Number Of Employees | 10 | |||
| Beta | 0.37 | |||
| Z Score | 2.4 |
Rayong Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rayong Wire's current stock value. Our valuation model uses many indicators to compare Rayong Wire value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rayong Wire competition to find correlations between indicators driving Rayong Wire's intrinsic value. More Info.Rayong Wire Industries is rated second in return on equity category among its peers. It is currently regarded as top stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rayong Wire's earnings, one of the primary drivers of an investment's value.Rayong Wire Industries Systematic Risk
Rayong Wire's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rayong Wire volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Rayong Wire Industries correlated with the market. If Beta is less than 0 Rayong Wire generally moves in the opposite direction as compared to the market. If Rayong Wire Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rayong Wire Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rayong Wire is generally in the same direction as the market. If Beta > 1 Rayong Wire moves generally in the same direction as, but more than the movement of the benchmark.
Rayong Wire December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Rayong Wire help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rayong Wire Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rayong Wire Industries based on widely used predictive technical indicators. In general, we focus on analyzing Rayong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rayong Wire's daily price indicators and compare them against related drivers.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 15.89 | |||
| Value At Risk | (5.08) | |||
| Potential Upside | 4.0 |
Other Information on Investing in Rayong Stock
Rayong Wire financial ratios help investors to determine whether Rayong 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 Rayong with respect to the benefits of owning Rayong Wire security.