Thai Reinsurance Financials
THRE Stock | THB 0.54 0.01 1.82% |
Thai |
Thai Reinsurance Stock Summary
Thai Reinsurance competes with Kasikornbank Public, PTT Public, and Siam Cement. Thai Reinsurance Public Company Limited provides insurance and reinsurance services in Thailand. Thai Reinsurance Public Company Limited was founded in 1978 and is based in Bangkok, Thailand. THAI REINSURANCE operates under Insurance - Reinsurance classification in Thailand and is traded on Stock Exchange of Thailand.Instrument | Thailand Stock View All |
Exchange | Thailand Exchange |
ISIN | TH0322A10Z04 |
Business Address | 4822-24 Soi Rajchadapisek |
Sector | Insurance |
Industry | Financials |
Benchmark | Dow Jones Industrial |
Website | www.thaire.co.th |
Phone | 66 2 660 6111 |
Currency | THB - Thailand Baht |
You should never invest in Thai Reinsurance without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Thai Stock, because this is throwing your money away. Analyzing the key information contained in Thai Reinsurance's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Thai Reinsurance Key Financial Ratios
Thai Reinsurance's financial ratios allow both analysts and investors to convert raw data from Thai Reinsurance's financial statements into concise, actionable information that can be used to evaluate the performance of Thai Reinsurance over time and compare it to other companies across industries.Return On Equity | -0.11 | |||
Return On Asset | -0.0361 | |||
Target Price | 1.0 | |||
Number Of Employees | 30 | |||
Beta | 0.84 |
Thai Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thai Reinsurance's current stock value. Our valuation model uses many indicators to compare Thai Reinsurance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thai Reinsurance competition to find correlations between indicators driving Thai Reinsurance's intrinsic value. More Info.Thai Reinsurance Public is currently regarded as top stock in return on equity category among its peers. It also 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 Thai Reinsurance's earnings, one of the primary drivers of an investment's value.Thai Reinsurance Public Systematic Risk
Thai Reinsurance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thai Reinsurance 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.
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 Beta measures systematic risk based on how returns on Thai Reinsurance Public correlated with the market. If Beta is less than 0 Thai Reinsurance generally moves in the opposite direction as compared to the market. If Thai Reinsurance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thai Reinsurance Public is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thai Reinsurance is generally in the same direction as the market. If Beta > 1 Thai Reinsurance moves generally in the same direction as, but more than the movement of the benchmark.
Thai Reinsurance December 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Thai Reinsurance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thai Reinsurance Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thai Reinsurance Public based on widely used predictive technical indicators. In general, we focus on analyzing Thai Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thai Reinsurance's daily price indicators and compare them against related drivers.
Information Ratio | (0.14) | |||
Maximum Drawdown | 11.75 | |||
Value At Risk | (3.33) | |||
Potential Upside | 3.08 |
Other Information on Investing in Thai Stock
Thai Reinsurance 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 Reinsurance security.