Asia Biomass (Thailand) Today

ABM Stock  THB 1.30  0.05  4.00%   

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Asia Biomass is selling for 1.30 as of the 28th of March 2024. This is a 4.00% increase since the beginning of the trading day. The stock's last reported lowest price was 1.25. Asia Biomass has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Asia Biomass Public are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Asia Biomass Public Company Limited, through its subsidiaries, trades in biomass in Asia. Asia Biomass Public Company Limited is headquartered in Bangkok, Thailand. ASIA BIOMASS operates under Utilities - Independent Power Producers classification in Thailand and is traded on Stock Exchange of Thailand.. The company has 400 M outstanding shares. More on Asia Biomass Public

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Asia Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Asia Biomass' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Asia Biomass or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationUtilities - Independent Power Producers, Utilities (View all Sectors)
Asia Biomass Public (ABM) is traded on Thailand Exchange in Thailand and employs 4 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 764 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Asia Biomass's market, we take the total number of its shares issued and multiply it by Asia Biomass'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 Biomass Public operates under Utilities sector and is part of Utilities - Independent Power Producers industry. The entity has 400 M outstanding shares. Asia Biomass Public has accumulated about 33.41 M in cash with (34.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11.
Check Asia Biomass Probability Of Bankruptcy
Ownership Allocation
Asia Biomass holds a total of 400 Million outstanding shares. Asia Biomass Public retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Asia Ownership Details

Asia Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Asia Biomass jumping above the current price in 90 days from now is under 95%. The Asia Biomass Public probability density function shows the probability of Asia Biomass stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Asia Biomass Public has a beta of -1.0601. This suggests Additionally, asia Biomass Public has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 1.3HorizonTargetOdds Above 1.3
5.43%90 days
 1.30 
94.52%
Based on a normal probability distribution, the odds of Asia Biomass to move above the current price in 90 days from now is under 95 (This Asia Biomass Public probability density function shows the probability of Asia Stock to fall within a particular range of prices over 90 days) .

Asia Biomass Public Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Asia Biomass market risk premium is the additional return an investor will receive from holding Asia Biomass long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Asia Biomass. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Asia Biomass' alpha and beta are two of the key measurements used to evaluate Asia Biomass' performance over the market, the standard measures of volatility play an important role as well.

Asia Stock Against Markets

Picking the right benchmark for Asia Biomass stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Asia Biomass stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Asia Biomass is critical whether you are bullish or bearish towards Asia Biomass Public at a given time. Please also check how Asia Biomass' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Asia Biomass without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Asia Biomass Corporate Management

Elected by the shareholders, the Asia Biomass' board of directors comprises two types of representatives: Asia Biomass inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Asia. The board's role is to monitor Asia Biomass' management team and ensure that shareholders' interests are well served. Asia Biomass' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Asia Biomass' outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Asia Stock?

Before investing in Asia Biomass, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Asia Biomass. To buy Asia Biomass stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Asia Biomass. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Asia Biomass stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Asia Biomass Public stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Asia Biomass Public stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Asia Biomass Public, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Asia Biomass Public?

The danger of trading Asia Biomass Public is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Asia Biomass is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Asia Biomass. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Asia Biomass Public is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asia Biomass 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 board of governors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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