Arip Public Stock Beta
| ARIP Stock | THB 0.71 0.02 2.74% |
ARIP Public fundamentals help investors to digest information that contributes to ARIP Public's financial success or failures. It also enables traders to predict the movement of ARIP Stock. The fundamental analysis module provides a way to measure ARIP Public's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ARIP Public stock.
ARIP |
ARIP Public Company Beta Analysis
ARIP Public's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current ARIP Public Beta | 0.74 |
Most of ARIP Public's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ARIP Public is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, ARIP Public has a Beta of 0.7376. This is 46.16% lower than that of the Industrials sector and 10.05% lower than that of the Business Services industry. The beta for all Thailand stocks is notably lower than that of the firm.
ARIP Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ARIP Public's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ARIP Public could also be used in its relative valuation, which is a method of valuing ARIP Public by comparing valuation metrics of similar companies.ARIP Public is currently under evaluation in beta category among related companies.
As returns on the market increase, ARIP Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding ARIP Public is expected to be smaller as well.
ARIP Fundamentals
| Return On Equity | 0.0779 | |||
| Return On Asset | 0.0518 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 333.55 M | |||
| Shares Outstanding | 466 M | |||
| Shares Owned By Insiders | 70.69 % | |||
| Price To Earning | 61.25 X | |||
| Price To Book | 2.04 X | |||
| Price To Sales | 1.95 X | |||
| Revenue | 167.73 M | |||
| Gross Profit | 51.54 M | |||
| EBITDA | 13.11 M | |||
| Net Income | 5.2 M | |||
| Cash And Equivalents | 102.26 M | |||
| Cash Per Share | 0.22 X | |||
| Total Debt | 1.36 M | |||
| Debt To Equity | 0.60 % | |||
| Current Ratio | 6.74 X | |||
| Book Value Per Share | 0.48 X | |||
| Cash Flow From Operations | 26.96 M | |||
| Earnings Per Share | 0.03 X | |||
| Number Of Employees | 11 | |||
| Beta | 0.74 | |||
| Market Capitalization | 535.9 M | |||
| Total Asset | 257.79 M | |||
| Retained Earnings | (11 M) | |||
| Working Capital | 108 M | |||
| Current Asset | 130 M | |||
| Current Liabilities | 22 M | |||
| Net Asset | 257.79 M |
About ARIP Public Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ARIP Public's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ARIP Public using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ARIP Public based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with ARIP Public
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ARIP Public position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ARIP Public will appreciate offsetting losses from the drop in the long position's value.Moving against ARIP Stock
| 0.47 | TQM-R | TQM PORATION | PairCorr |
The ability to find closely correlated positions to ARIP Public could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ARIP Public when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ARIP Public - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ARIP Public to buy it.
The correlation of ARIP Public is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ARIP Public moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ARIP Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ARIP Public can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ARIP 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for ARIP Stock analysis
When running ARIP Public's price analysis, check to measure ARIP 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 ARIP Public is operating at the current time. Most of ARIP Public's value examination focuses on studying past and present price action to predict the probability of ARIP 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 ARIP Public's price. Additionally, you may evaluate how the addition of ARIP Public to your portfolios can decrease your overall portfolio volatility.
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