Thai Credit (Thailand) Performance
| CREDIT Stock | 18.10 0.80 4.23% |
The entity has a beta of -0.49, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Thai Credit are expected to decrease at a much lower rate. During the bear market, Thai Credit is likely to outperform the market. At this point, Thai Credit Pcl has a negative expected return of -0.14%. Please make sure to validate Thai Credit's sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if Thai Credit Pcl performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Thai Credit Pcl has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's technical and fundamental indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
Thai |
Thai Credit Relative Risk vs. Return Landscape
If you would invest 2,030 in Thai Credit Pcl on September 17, 2024 and sell it today you would lose (220.00) from holding Thai Credit Pcl or give up 10.84% of portfolio value over 90 days. Thai Credit Pcl is generating negative expected returns and assumes 3.2258% volatility on return distribution over the 90 days horizon. Simply put, 28% of stocks are less volatile than Thai, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Thai Credit Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thai Credit's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thai Credit Pcl, and traders can use it to determine the average amount a Thai Credit's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0434
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CREDIT |
Estimated Market Risk
| 3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thai Credit is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thai Credit by adding Thai Credit to a well-diversified portfolio.
Things to note about Thai Credit Pcl performance evaluation
Checking the ongoing alerts about Thai Credit for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thai Credit Pcl help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thai Credit Pcl generated a negative expected return over the last 90 days | |
| Thai Credit Pcl has high historical volatility and very poor performance |
- Analyzing Thai Credit's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Thai Credit's stock is overvalued or undervalued compared to its peers.
- Examining Thai Credit's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Thai Credit's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thai Credit's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thai Credit's stock. These opinions can provide insight into Thai Credit's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Thai Stock analysis
When running Thai Credit's price analysis, check to measure Thai Credit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thai Credit is operating at the current time. Most of Thai Credit's value examination focuses on studying past and present price action to predict the probability of Thai Credit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai Credit's price. Additionally, you may evaluate how the addition of Thai Credit to your portfolios can decrease your overall portfolio volatility.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |