Netbay Public (Thailand) Buy Hold or Sell Recommendation

NETBAY Stock  THB 20.70  0.20  0.98%   
Assuming the 90 days trading horizon and your highly speculative risk level, our recommendation regarding Netbay Public is 'Hold'. Macroaxis provides Netbay Public buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NETBAY positions. The advice algorithm takes into account all of Netbay Public's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Netbay Public's buy or sell advice are summarized below:
Real Value
17.39
Hype Value
20.7
Market Value
20.7
Naive Value
20.75
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Netbay Public given historical horizon and risk tolerance towards Netbay Public. When Macroaxis issues a 'buy' or 'sell' recommendation for Netbay Public, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Netbay Public Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Netbay and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Netbay Public. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Execute Netbay Public Buy or Sell Advice

The Netbay recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Netbay Public. Macroaxis does not own or have any residual interests in Netbay Public or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Netbay Public's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Netbay PublicBuy Netbay Public
Hold

Market Performance

Very WeakDetails

Volatility

Not too volatileDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Netbay Public has a Risk Adjusted Performance of (0.02), Jensen Alpha of (0.26), Total Risk Alpha of (0.76) and Treynor Ratio of (0.14)
Our advice module complements current analysts and expert consensus on Netbay Public. It analyzes the company potential to grow using all fundamental, technical, and market related data available at the time. To make sure Netbay Public is not overpriced, please verify all Netbay Public fundamentals, including its net income, book value per share, and the relationship between the gross profit and cash per share .

Netbay Public Trading Alerts and Improvement Suggestions

Netbay Public generated a negative expected return over the last 90 days
About 56.0% of the company outstanding shares are owned by corporate insiders

Netbay Public Returns Distribution Density

The distribution of Netbay Public's historical returns is an attempt to chart the uncertainty of Netbay Public's future price movements. The chart of the probability distribution of Netbay Public daily returns describes the distribution of returns around its average expected value. We use Netbay Public price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Netbay Public returns is essential to provide solid investment advice for Netbay Public.
Mean Return
-0.13
Value At Risk
-4.8
Potential Upside
5.13
Standard Deviation
2.78
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Netbay Public historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Netbay Public Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Netbay Public or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Netbay Public's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Netbay stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.26
β
Beta against NYSE Composite1.01
σ
Overall volatility
2.60
Ir
Information ratio -0.09

Netbay Public Volatility Alert

Netbay Public exhibits very low volatility with skewness of 0.53 and kurtosis of 1.13. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Netbay Public's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Netbay Public's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Netbay Public Fundamentals Vs Peers

Comparing Netbay Public's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Netbay Public's direct or indirect competition across all of the common fundamentals between Netbay Public and the related equities. This way, we can detect undervalued stocks with similar characteristics as Netbay Public or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Netbay Public's fundamental indicators could also be used in its relative valuation, which is a method of valuing Netbay Public by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Netbay Public to competition
FundamentalsNetbay PublicPeer Average
Return On Equity0.36-0.31
Return On Asset0.2-0.14
Profit Margin0.38 %(1.27) %
Operating Margin0.47 %(5.51) %
Current Valuation4.79 B16.62 B
Shares Outstanding200 M571.82 M
Shares Owned By Insiders55.50 %10.09 %
Shares Owned By Institutions10.74 %39.21 %
Price To Earning38.78 X28.72 X
Price To Book11.87 X9.51 X
Price To Sales12.39 X11.42 X
Revenue400.46 M9.43 B
Gross Profit322.36 M27.38 B
EBITDA204.81 M3.9 B
Net Income165.57 M570.98 M
Cash And Equivalents374.1 M2.7 B
Cash Per Share1.87 X5.01 X
Current Ratio5.34 X2.16 X
Book Value Per Share2.15 X1.93 K
Cash Flow From Operations204.53 M971.22 M
Earnings Per Share0.78 X3.12 X
Target Price33.1
Number Of Employees518.84 K
Beta0.31-0.15
Market Capitalization5.6 B19.03 B
Total Asset639.58 M29.47 B
Annual Yield0.03 %
Net Asset639.58 M
Last Dividend Paid0.79

Netbay Public Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Netbay . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Netbay Public Buy or Sell Advice

When is the right time to buy or sell Netbay Public? Buying financial instruments such as Netbay Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Netbay Public in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Climate Change Thematic Idea Now

Climate Change
Climate Change Theme
Large and medium sized entities that are committing to fully or partially replace some traditional services or products with renewables sources of energy in order to combat global climate change. The Climate Change theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Climate Change Theme or any other thematic opportunities.
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Check out Netbay Public Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note that the Netbay Public information on this page should be used as a complementary analysis to other Netbay Public's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Netbay Stock analysis

When running Netbay Public's price analysis, check to measure Netbay Public'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 Netbay Public is operating at the current time. Most of Netbay Public's value examination focuses on studying past and present price action to predict the probability of Netbay Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netbay Public's price. Additionally, you may evaluate how the addition of Netbay Public to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Netbay Public's value and its price as these two are different measures arrived at by different means. Investors typically determine if Netbay Public is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Netbay Public's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.