Thai Airways International Stock Today
| TAWNF Stock | USD 0.01 0.0007 4.67% |
Performance11 of 100
| Odds Of DistressOver 53
|
Thai Airways is trading at 0.0143 as of the 23rd of April 2024. This is a -4.67 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.0085. Thai Airways has 53 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Equity ratings for Thai Airways International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Thai Airways International Public Company Limited, together with its subsidiaries, engages in the operation of airlines. The company was founded in 1959 and is headquartered in Bangkok, Thailand. Thai Airways operates under Airlines classification in the United States and is traded on OTC Exchange.. The company has 0 outstanding shares. More on Thai Airways International
Moving against Thai Pink Sheet
| 0.45 | MMSI | Merit Medical Systems Earnings Call This Week | PairCorr |
| 0.42 | AICAF | Air China Limited | PairCorr |
Follow Valuation Odds of Bankruptcy
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Thai Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Thai Airways' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Thai Airways or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Treetod Sonchang |
| Business Concentration | Airlines, Industrials (View all Sectors) |
Thai Airways International [TAWNF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Small-Cap' category with a current market capitalization of 219 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Thai Airways's market, we take the total number of its shares issued and multiply it by Thai Airways'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. Thai Airways Interna classifies itself under Industrials sector and is part of Airlines industry. The entity has 0 outstanding shares.
Thai Airways International has accumulated about 13.48 B in cash with (9.85 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.18, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Thai Airways Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Thai Airways is currently $219 Million. About 98.0 % of Thai Airways outstanding shares are held by general public with 1.63 % by institutional holders. Please note that no matter how profitable the entity is or how many assets it hold, if the real value is less than what market suggests, you will most likely generate negative returns and should consider selling it at some point.
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Thai Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Thai Airways jumping above the current price in 90 days from now is about 7.31%. The Thai Airways International probability density function shows the probability of Thai Airways pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Thai Airways International has a beta of -2.8476. This usually implies as returns on its benchmark rise, returns on holding Thai Airways International are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Thai Airways is expected to outperform its benchmark. In addition to that, thai Airways International has an alpha of 3.7657, implying that it can generate a 3.77 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Thai Airways to move above the current price in 90 days from now is about 7.31 (This Thai Airways International probability density function shows the probability of Thai Pink Sheet to fall within a particular range of prices over 90 days) .
Thai Airways Interna Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Thai Airways market risk premium is the additional return an investor will receive from holding Thai Airways 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 Thai Airways. 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 Thai Airways' alpha and beta are two of the key measurements used to evaluate Thai Airways' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 14.24 | |||
| Semi Deviation | 13.4 | |||
| Standard Deviation | 27.86 | |||
| Variance | 776.37 |
Thai Stock Against Markets
Picking the right benchmark for Thai Airways pink sheet 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 Thai Airways pink sheet 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 Thai Airways is critical whether you are bullish or bearish towards Thai Airways International at a given time. Please also check how Thai Airways' 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 Thai Airways 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.Did you try this?
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Thai Airways Corporate Directors
Thai Airways corporate directors refer to members of a Thai Airways board of directors. The board of directors generally takes responsibility for the Thai Airways' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Thai Airways' board members must vote for the resolution. The Thai Airways board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Sirikul Laukaikul | Director | Profile | |
| Sutham Sirithipsakhorn | Executive Director | Profile | |
| Siwakiat Chayama | Director | Profile | |
| Johm Rungswang | Independent Director | Profile |
How to buy Thai Pink Sheet?
Before investing in Thai Airways, 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 Thai Airways. To buy Thai Airways stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Thai Airways. 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 Thai Airways stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Thai Airways International 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 Thai Airways International 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 Thai Airways International, 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 Thai Airways International?
The danger of trading Thai Airways International 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 Thai Airways 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 Thai Airways. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Thai Airways Interna 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Thai Airways International. 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Thai Pink Sheet analysis
When running Thai Airways' price analysis, check to measure Thai Airways' 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 Thai Airways is operating at the current time. Most of Thai Airways' value examination focuses on studying past and present price action to predict the probability of Thai Airways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai Airways' price. Additionally, you may evaluate how the addition of Thai Airways to your portfolios can decrease your overall portfolio volatility.
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