Thai Rubber (Thailand) Performance
| TRUBB Stock | THB 1.05 0.02 1.87% |
The entity has a beta of 0.5, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Thai Rubber's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thai Rubber is expected to be smaller as well. At this point, Thai Rubber Latex has a negative expected return of -0.26%. Please make sure to validate Thai Rubber's variance, skewness, day typical price, as well as the relationship between the total risk alpha and daily balance of power , to decide if Thai Rubber Latex 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 Rubber Latex has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's fundamental drivers remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Begin Period Cash Flow | 85.5 M | |
| Total Cashflows From Investing Activities | -566.8 M |
Thai |
Thai Rubber Relative Risk vs. Return Landscape
If you would invest 125.00 in Thai Rubber Latex on September 15, 2024 and sell it today you would lose (20.00) from holding Thai Rubber Latex or give up 16.0% of portfolio value over 90 days. Thai Rubber Latex is generating negative expected returns and assumes 2.3118% volatility on return distribution over the 90 days horizon. Simply put, 20% 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 Rubber Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thai Rubber's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thai Rubber Latex, and traders can use it to determine the average amount a Thai Rubber'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 = -0.1119
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TRUBB |
Estimated Market Risk
| 2.31 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thai Rubber 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 Rubber by adding Thai Rubber to a well-diversified portfolio.
Thai Rubber Fundamentals Growth
Thai Stock prices reflect investors' perceptions of the future prospects and financial health of Thai Rubber, and Thai Rubber 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 Thai Stock performance.
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0559 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 5.13 B | |||
| Shares Outstanding | 817.78 M | |||
| Price To Earning | 55.93 X | |||
| Price To Book | 0.43 X | |||
| Price To Sales | 0.16 X | |||
| Revenue | 9.33 B | |||
| EBITDA | 1.11 B | |||
| Cash And Equivalents | 215.55 M | |||
| Cash Per Share | 0.32 X | |||
| Total Debt | 842.29 M | |||
| Debt To Equity | 222.00 % | |||
| Book Value Per Share | 4.42 X | |||
| Cash Flow From Operations | 1.18 B | |||
| Earnings Per Share | 0.67 X | |||
| Total Asset | 9.48 B | |||
| Retained Earnings | (288 M) | |||
| Current Asset | 1.78 B | |||
| Current Liabilities | 3.23 B | |||
About Thai Rubber Performance
By analyzing Thai Rubber's fundamental ratios, stakeholders can gain valuable insights into Thai Rubber's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Thai Rubber has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Thai Rubber has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Thai Rubber Latex Group Public Company Limited manufactures, sells, and exports rubber and latex products worldwide. Thai Rubber Latex Group Public Company Limited was founded in 1967 and is headquartered in Bang Phli, Thailand. THAI RUBBER operates under Rubber Plastics classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Thai Rubber Latex performance evaluation
Checking the ongoing alerts about Thai Rubber for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thai Rubber Latex help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thai Rubber Latex generated a negative expected return over the last 90 days | |
| Thai Rubber Latex has some characteristics of a very speculative penny stock | |
| Thai Rubber Latex has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Thai Rubber Latex has accumulated 842.29 M in total debt with debt to equity ratio (D/E) of 222.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Thai Rubber Latex has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Thai Rubber until it has trouble settling it off, either with new capital or with free cash flow. So, Thai Rubber's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Thai Rubber Latex sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thai to invest in growth at high rates of return. When we think about Thai Rubber's use of debt, we should always consider it together with cash and equity. | |
| About 47.0% of Thai Rubber outstanding shares are owned by corporate insiders |
- Analyzing Thai Rubber'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 Rubber's stock is overvalued or undervalued compared to its peers.
- Examining Thai Rubber'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 Rubber's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thai Rubber's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thai Rubber's stock. These opinions can provide insight into Thai Rubber's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Thai Stock analysis
When running Thai Rubber's price analysis, check to measure Thai Rubber'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 Rubber is operating at the current time. Most of Thai Rubber's value examination focuses on studying past and present price action to predict the probability of Thai Rubber'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 Rubber's price. Additionally, you may evaluate how the addition of Thai Rubber to your portfolios can decrease your overall portfolio volatility.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |