Asia Plus (Thailand) Performance
| ASP Stock | THB 2.44 0.02 0.81% |
Asia Plus has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Asia Plus' returns are expected to increase less than the market. However, during the bear market, the loss of holding Asia Plus is expected to be smaller as well. Asia Plus Group right now shows a risk of 1.63%. Please confirm Asia Plus Group downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Asia Plus Group will be following its price patterns.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Asia Plus Group are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, Asia Plus may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 1.1 B | |
| Total Cashflows From Investing Activities | 108.3 M |
Asia |
Asia Plus Relative Risk vs. Return Landscape
If you would invest 228.00 in Asia Plus Group on September 3, 2024 and sell it today you would earn a total of 16.00 from holding Asia Plus Group or generate 7.02% return on investment over 90 days. Asia Plus Group is generating 0.1204% of daily returns assuming 1.6299% volatility of returns over the 90 days investment horizon. Simply put, 14% of all stocks have less volatile historical return distribution than Asia Plus, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Asia Plus Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asia Plus' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Asia Plus Group, and traders can use it to determine the average amount a Asia Plus' 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 = 0.0739
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | ASP | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Asia Plus is performing at about 5% of its full potential. 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 Asia Plus by adding it to a well-diversified portfolio.
Asia Plus Fundamentals Growth
Asia Stock prices reflect investors' perceptions of the future prospects and financial health of Asia Plus, and Asia Plus fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Asia Stock performance.
| Return On Equity | 0.1 | |||
| Return On Asset | 0.0321 | |||
| Profit Margin | 0.20 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 11.54 B | |||
| Shares Outstanding | 2.11 B | |||
| Price To Earning | 17.33 X | |||
| Price To Book | 1.34 X | |||
| Price To Sales | 2.60 X | |||
| Revenue | 3.32 B | |||
| EBITDA | 1.37 B | |||
| Cash And Equivalents | 1.67 B | |||
| Cash Per Share | 0.79 X | |||
| Total Debt | 2.07 B | |||
| Debt To Equity | 44.80 % | |||
| Book Value Per Share | 2.23 X | |||
| Cash Flow From Operations | (4.58 B) | |||
| Earnings Per Share | 0.23 X | |||
| Total Asset | 14.76 B | |||
| Retained Earnings | 1.26 B | |||
| Current Asset | 4.55 B | |||
| Current Liabilities | 3.51 B | |||
About Asia Plus Performance
By examining Asia Plus' fundamental ratios, stakeholders can obtain critical insights into Asia Plus' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Asia Plus is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Asia Plus Group Holdings Public Company Limited, together with its subsidiaries, engages in the securities business in Thailand. Asia Plus Group Holdings Public Company Limited was founded in 1974 and is headquartered in Bangkok, Thailand. ASIA PLUS operates under Capital Markets classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Asia Plus Group performance evaluation
Checking the ongoing alerts about Asia Plus for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Asia Plus Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Asia Plus Group has accumulated about 1.67 B in cash with (4.58 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79. | |
| Roughly 21.0% of the company shares are held by company insiders |
- Analyzing Asia Plus' 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 Asia Plus' stock is overvalued or undervalued compared to its peers.
- Examining Asia Plus' 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 Asia Plus' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Asia Plus' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Asia Plus' stock. These opinions can provide insight into Asia Plus' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Asia Stock
Asia Plus financial ratios help investors to determine whether Asia 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 Asia with respect to the benefits of owning Asia Plus security.