North East (Thailand) Performance
| NER Stock | THB 4.80 0.04 0.83% |
The company secures a Beta (Market Risk) of 0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, North East's returns are expected to increase less than the market. However, during the bear market, the loss of holding North East is expected to be smaller as well. At this point, North East Rubbers has a negative expected return of -0.15%. Please make sure to verify North East's maximum drawdown, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if North East Rubbers performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days North East Rubbers has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest conflicting performance, the Stock's basic indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more
| Begin Period Cash Flow | 830.4 M | |
| Total Cashflows From Investing Activities | -281.9 M |
North |
North East Relative Risk vs. Return Landscape
If you would invest 530.00 in North East Rubbers on September 14, 2024 and sell it today you would lose (50.00) from holding North East Rubbers or give up 9.43% of portfolio value over 90 days. North East Rubbers is producing return of less than zero assuming 1.5817% volatility of returns over the 90 days investment horizon. Simply put, 14% of all stocks have less volatile historical return distribution than North East, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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North East Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for North East's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as North East Rubbers, and traders can use it to determine the average amount a North East'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 = -0.0966
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| Negative Returns | NER |
Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average North East 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 North East by adding North East to a well-diversified portfolio.
North East Fundamentals Growth
North Stock prices reflect investors' perceptions of the future prospects and financial health of North East, and North East 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 North Stock performance.
| Return On Equity | 0.37 | |||
| Return On Asset | 0.1 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 18.88 B | |||
| Shares Outstanding | 1.85 B | |||
| Price To Earning | 14.37 X | |||
| Price To Book | 1.75 X | |||
| Price To Sales | 0.46 X | |||
| Revenue | 24.43 B | |||
| EBITDA | 2.4 B | |||
| Cash And Equivalents | 830.37 M | |||
| Cash Per Share | 0.51 X | |||
| Total Debt | 3.61 B | |||
| Debt To Equity | 1.65 % | |||
| Book Value Per Share | 3.37 X | |||
| Cash Flow From Operations | (1.68 B) | |||
| Earnings Per Share | 1.11 X | |||
| Total Asset | 14.24 B | |||
About North East Performance
By examining North East's fundamental ratios, stakeholders can obtain critical insights into North East's 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 North East 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.
North East Rubbers Public Company Limited engages in the manufacture and sale of rubber products in Thailand, China, Singapore, Hong Kong, Malaysia, and internationally. The company was founded in 2006 and is based in Prakhon Chai, Thailand. NORTH EAST is traded on Stock Exchange of Thailand in Thailand.Things to note about North East Rubbers performance evaluation
Checking the ongoing alerts about North East for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for North East Rubbers help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| North East Rubbers generated a negative expected return over the last 90 days | |
| North East Rubbers has accumulated about 830.37 M in cash with (1.68 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.51. | |
| Roughly 41.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing North East'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 North East's stock is overvalued or undervalued compared to its peers.
- Examining North East'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 North East's management team can have a significant impact on its success or failure. Reviewing the track record and experience of North East's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of North East's stock. These opinions can provide insight into North East's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in North Stock
North East financial ratios help investors to determine whether North 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 North with respect to the benefits of owning North East security.