Asia Plus (Thailand) Analysis
| ASP Stock | THB 2.44 0.02 0.81% |
Asia Plus Group is overvalued with Real Value of 2.08 and Hype Value of 2.44. The main objective of Asia Plus stock analysis is to determine its intrinsic value, which is an estimate of what Asia Plus Group is worth, separate from its market price. There are two main types of Asia Plus' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Asia Plus' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Asia Plus' stock to identify patterns and trends that may indicate its future price movements.
The Asia Plus stock is traded in Thailand on Thailand Exchange, with the market opening at 10:00:00 and closing at 16:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Thailand.
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Asia Stock Analysis Notes
About 21.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.34. Some equities with similar Price to Book (P/B) outperform the market in the long run. Asia Plus Group last dividend was issued on the 24th of August 2022. The entity had 10:1 split on the 18th of April 2005. 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. For more info on Asia Plus Group please contact Kongkiat Opaswongkarn at 66 2 680 1111 or go to https://www.asiaplusgroup.co.th.Asia Plus Group Investment Alerts
| 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 |
Asia Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.44 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Asia Plus's market, we take the total number of its shares issued and multiply it by Asia Plus's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Asia Profitablity
Asia Plus' profitability indicators refer to fundamental financial ratios that showcase Asia Plus' ability to generate income relative to its revenue or operating costs. If, let's say, Asia Plus is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Asia Plus' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Asia Plus' profitability requires more research than a typical breakdown of Asia Plus' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.2 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.26 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.26. Technical Drivers
As of the 2nd of December, Asia Plus shows the Risk Adjusted Performance of 0.0289, mean deviation of 1.01, and Downside Deviation of 1.3. Asia Plus Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Asia Plus Group Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Asia Plus middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Asia Plus Group. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Asia Plus Outstanding Bonds
Asia Plus issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Asia Plus Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Asia bonds can be classified according to their maturity, which is the date when Asia Plus Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Asia Plus Predictive Daily Indicators
Asia Plus intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Asia Plus stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Asia Plus Forecast Models
Asia Plus' time-series forecasting models are one of many Asia Plus' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Asia Plus' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Asia Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Asia Plus prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Asia shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Asia Plus. By using and applying Asia Stock analysis, traders can create a robust methodology for identifying Asia entry and exit points for their positions.
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.
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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.