Innovative Numerical Model of the Relevance of the Stock Exchange of Thailand
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Abstract
This Research studied the correlation between Independent Variables of Intangible Assets (INT), Cash flow from Operating Activities (CFO), Cash flow from Investing Activities (CFI), Cash flow from Financing Activities (CFF), Earnings Before Interest and Tax (EBIT), and Net Income (NI) with Dependent Variable, Stock Price (Price), whereas Controllable Variables are Leverage and Size. Financial statement reports are collected from Listed Companies of Stock Market of Thailand, which are printing businesses, during B.E. 2561 – 2565. Research results found that there were 3 Independent Variables, which are INT, CFO, and CFI not correlated between Price. In contrast, the
correlation between CFF, EBIT, and NI is significantly with Price.The five models highlight the correlation between stock prices and potential returns. Thus, investors should consider their portfolios, evaluating returns and security prices, as a pivotal step in investment decision. The study found that intangible assets, cash flow from operating and investing activities had no significant correlation with stock prices, while cash flow from financing activities, earnings before interest and tax, and net income showed significant correlations. The research provided five models to help investors assess the connection between these financial factors and stock prices, emphasizing the
importance of considering these variables in investment decisions for Thai printing companies. In conclusion, your
researchunderscores the importanceof considering specific financial variables whenevaluating investmentopportunities in Thai printing companies. By identifying which financial factors have a significant impact on stock prices,
investors can make more informed decisions to potentially enhance their portfolios and achieve better returns.
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