Alt Telecom Public Stock Cash And Equivalents
| ALT Stock | THB 1.48 0.02 1.37% |
ALT Telecom Public fundamentals help investors to digest information that contributes to ALT Telecom's financial success or failures. It also enables traders to predict the movement of ALT Stock. The fundamental analysis module provides a way to measure ALT Telecom'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 ALT Telecom stock.
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ALT Telecom Public Company Cash And Equivalents Analysis
ALT Telecom's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current ALT Telecom Cash And Equivalents | 169.51 M |
Most of ALT Telecom's fundamental indicators, such as Cash And Equivalents, 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, ALT Telecom Public is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, ALT Telecom Public has 169.51 M in Cash And Equivalents. This is 86.43% lower than that of the Communications Equipment sector and 87.38% lower than that of the Information Technology industry. The cash and equivalents for all Thailand stocks is 93.73% higher than that of the company.
ALT Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ALT Telecom's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ALT Telecom could also be used in its relative valuation, which is a method of valuing ALT Telecom by comparing valuation metrics of similar companies.ALT Telecom is currently under evaluation in cash and equivalents category among related companies.
ALT Fundamentals
| Return On Equity | -0.0263 | |||
| Return On Asset | -0.0107 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | (0.05) % | |||
| Current Valuation | 2.78 B | |||
| Shares Outstanding | 1.13 B | |||
| Shares Owned By Insiders | 72.36 % | |||
| Shares Owned By Institutions | 0.01 % | |||
| Price To Earning | 61.36 X | |||
| Price To Book | 1.59 X | |||
| Price To Sales | 2.44 X | |||
| Revenue | 1.07 B | |||
| Gross Profit | 81.8 M | |||
| EBITDA | 44.61 M | |||
| Net Income | (133.27 M) | |||
| Cash And Equivalents | 169.51 M | |||
| Cash Per Share | 0.15 X | |||
| Total Debt | 316.93 M | |||
| Debt To Equity | 0.18 % | |||
| Current Ratio | 1.70 X | |||
| Book Value Per Share | 1.52 X | |||
| Cash Flow From Operations | 260.42 M | |||
| Earnings Per Share | (0.10) X | |||
| Target Price | 3.0 | |||
| Beta | 0.94 | |||
| Market Capitalization | 2.51 B | |||
| Total Asset | 2.68 B | |||
| Z Score | 4.2 | |||
| Annual Yield | 0.04 % | |||
| Net Asset | 2.68 B |
About ALT Telecom Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ALT Telecom Public's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ALT Telecom using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ALT Telecom 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ALT Telecom in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ALT Telecom's short interest history, or implied volatility extrapolated from ALT Telecom options trading.
Pair Trading with ALT Telecom
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 ALT Telecom 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 ALT Telecom will appreciate offsetting losses from the drop in the long position's value.Moving together with ALT Stock
| 0.87 | METCO | Muramoto Electron Public | PairCorr |
Moving against ALT Stock
| 0.86 | KWC | Krungdhep Sophon Public | PairCorr |
| 0.82 | SCCC | Siam City Cement | PairCorr |
| 0.63 | KYE | Kang Yong Electric | PairCorr |
The ability to find closely correlated positions to ALT Telecom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ALT Telecom 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 ALT Telecom - 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 ALT Telecom Public to buy it.
The correlation of ALT Telecom 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 ALT Telecom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ALT Telecom 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 ALT Telecom 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 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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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