Thai Solar (Thailand) Performance
| TSE Stock | THB 0.90 0.01 1.12% |
The entity has a beta of 0.0382, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thai Solar's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thai Solar is expected to be smaller as well. At this point, Thai Solar Energy has a negative expected return of -0.48%. Please make sure to validate Thai Solar's variance, jensen alpha, and the relationship between the standard deviation and information ratio , to decide if Thai Solar Energy 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 Thai Solar Energy 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 technical and fundamental indicators remain quite persistent which may send shares a bit higher in January 2025. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
| Begin Period Cash Flow | 883.2 M | |
| Total Cashflows From Investing Activities | -888.4 M |
Thai |
Thai Solar Relative Risk vs. Return Landscape
If you would invest 120.00 in Thai Solar Energy on September 25, 2024 and sell it today you would lose (31.00) from holding Thai Solar Energy or give up 25.83% of portfolio value over 90 days. Thai Solar Energy is producing return of less than zero assuming 1.7767% volatility of returns over the 90 days investment horizon. Simply put, 15% of all stocks have less volatile historical return distribution than Thai Solar, 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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Thai Solar Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thai Solar's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thai Solar Energy, and traders can use it to determine the average amount a Thai Solar'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 = -0.2709
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Estimated Market Risk
| 1.78 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.27 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thai Solar 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 Solar by adding Thai Solar to a well-diversified portfolio.
Thai Solar Fundamentals Growth
Thai Stock prices reflect investors' perceptions of the future prospects and financial health of Thai Solar, and Thai Solar 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 | 0.081 | |||
| Return On Asset | 2.0E-4 | |||
| Profit Margin | 0.40 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 17.94 B | |||
| Shares Outstanding | 2.12 B | |||
| Price To Earning | 13.47 X | |||
| Price To Book | 0.74 X | |||
| Price To Sales | 3.70 X | |||
| Revenue | 1.52 B | |||
| EBITDA | 1.26 B | |||
| Cash And Equivalents | 736.14 M | |||
| Cash Per Share | 0.35 X | |||
| Total Debt | 9.49 B | |||
| Debt To Equity | 2.02 % | |||
| Book Value Per Share | 3.02 X | |||
| Cash Flow From Operations | 538.03 M | |||
| Earnings Per Share | 0.25 X | |||
| Total Asset | 19.71 B | |||
| Retained Earnings | 1.6 B | |||
| Current Asset | 932 M | |||
| Current Liabilities | 285 M | |||
About Thai Solar Performance
By examining Thai Solar's fundamental ratios, stakeholders can obtain critical insights into Thai Solar'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 Thai Solar 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.
Thai Solar Energy Public Company Limited generates and distributes electricity from solar and biomass power plants to government and private sector clients in Thailand and Japan. Thai Solar Energy Public Company Limited was founded in 2008 and is headquartered in Bangkok, Thailand. THAI SOLAR operates under UtilitiesRenewable classification in Thailand and is traded on Stock Exchange of Thailand.Things to note about Thai Solar Energy performance evaluation
Checking the ongoing alerts about Thai Solar for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thai Solar Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thai Solar Energy generated a negative expected return over the last 90 days | |
| Thai Solar Energy has some characteristics of a very speculative penny stock | |
| Thai Solar Energy has accumulated 9.49 B in total debt with debt to equity ratio (D/E) of 2.02, implying the company greatly relies on financing operations through barrowing. Thai Solar Energy has a current ratio of 0.57, 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 Solar until it has trouble settling it off, either with new capital or with free cash flow. So, Thai Solar'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 Solar Energy 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 Solar's use of debt, we should always consider it together with cash and equity. | |
| About 48.0% of Thai Solar outstanding shares are owned by corporate insiders |
- Analyzing Thai Solar'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 Solar's stock is overvalued or undervalued compared to its peers.
- Examining Thai Solar'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 Solar's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thai Solar's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thai Solar's stock. These opinions can provide insight into Thai Solar's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Thai Stock
Thai Solar 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 Solar security.