ALT Telecom (Thailand) Today

ALT Stock  THB 1.45  0.03  2.03%   

Performance

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Odds Of Distress

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ALT Telecom is selling for 1.45 as of the 28th of March 2024. This is a -2.03 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 1.45. ALT Telecom has about a 36 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for ALT Telecom 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.
ALT Telecom Public Company Limited engages in the manufacture, installation, maintenance, rental, and sale of telecommunication network equipment in Thailand and internationally. The company was founded in 2001 and is headquartered in Bang Kruay, Thailand. The company has 1.13 B outstanding shares. More on ALT Telecom Public
Follow Valuation Odds of Bankruptcy
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ALT 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. ALT Telecom's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ALT Telecom or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaCommunication Services (View all Themes)
Business ConcentrationCommunication Services, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors)
ALT Telecom Public (ALT) is traded on Thailand Exchange in Thailand and employs 9 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ALT Telecom's market, we take the total number of its shares issued and multiply it by ALT Telecom'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. ALT Telecom Public operates under Communications Equipment sector and is part of Information Technology industry. The entity has 1.13 B outstanding shares. ALT Telecom Public has accumulated about 169.51 M in cash with 260.42 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15.
Check ALT Telecom Probability Of Bankruptcy
Ownership Allocation
ALT Telecom Public retains a total of 1.13 Billion outstanding shares. ALT Telecom Public shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 72.36 percent of ALT Telecom Public outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check ALT Ownership Details

ALT Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of ALT Telecom jumping above the current price in 90 days from now is roughly 96.0%. The ALT Telecom Public probability density function shows the probability of ALT Telecom stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ALT Telecom Public has a beta of -0.5644. This suggests as returns on benchmark increase, returns on holding ALT Telecom are expected to decrease at a much lower rate. During the bear market, however, ALT Telecom Public is likely to outperform the market. Additionally, aLT Telecom 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 1.45HorizonTargetOdds Above 1.45
3.50%90 days
 1.45 
96.46%
Based on a normal probability distribution, the odds of ALT Telecom to move above the current price in 90 days from now is roughly 96.0 (This ALT Telecom Public probability density function shows the probability of ALT Stock to fall within a particular range of prices over 90 days) .

ALT Telecom Public Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ALT Telecom market risk premium is the additional return an investor will receive from holding ALT Telecom 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 ALT Telecom. 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 ALT Telecom's alpha and beta are two of the key measurements used to evaluate ALT Telecom's performance over the market, the standard measures of volatility play an important role as well.

ALT Stock Against Markets

Picking the right benchmark for ALT Telecom 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 ALT Telecom 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 ALT Telecom is critical whether you are bullish or bearish towards ALT Telecom Public at a given time. Please also check how ALT Telecom's 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 ALT Telecom 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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ALT Telecom Corporate Management

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

How to buy ALT Stock?

Before investing in ALT Telecom, 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 ALT Telecom. To buy ALT Telecom stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ALT Telecom. 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 ALT Telecom stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ALT Telecom 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 ALT Telecom 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 ALT Telecom 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 ALT Telecom Public?

The danger of trading ALT Telecom 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 ALT Telecom 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 ALT Telecom. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ALT Telecom 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 ALT Telecom 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for ALT Stock analysis

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