Siam Steel (Thailand) Today
| SSSC Stock | THB 3.02 0.02 0.66% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Siam Steel is selling for 3.02 as of the 18th of April 2024. This is a -0.66 percent down since the beginning of the trading day. The stock's last reported lowest price was 3.02. Siam Steel has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Siam Steel Service are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of May 2023 and ending today, the 18th of April 2024. Click here to learn more.
Siam Steel Service Center Public Company Limited, together with its subsidiaries, manufactures and sells steel accessories in Thailand. Siam Steel Service Center Public Company Limited was founded in 1985 and is headquartered in Samut Prakan, Thailand. The company has 640 M outstanding shares. More on Siam Steel Service
Moving together with Siam Stock
| 0.76 | ROJNA | Rojana Industrial Park | PairCorr |
| 0.75 | AMANAH | Amanah Leasing Public Split | PairCorr |
Moving against Siam Stock
| 0.89 | RCL | Regional Container Lines | PairCorr |
| 0.82 | GRAMMY | GMM Grammy Public | PairCorr |
| 0.72 | MATI | Matichon Public | PairCorr |
| 0.64 | PT | Premier Technology Public | PairCorr |
| 0.61 | CFRESH | Seafresh Industry Public | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Siam 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. Siam Steel's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Siam Steel or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Wanchai Kunanantakul |
| Thematic Idea | Iron (View all Themes) |
| Business Concentration | Iron, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors) |
Siam Steel Service (SSSC) is traded on Thailand Exchange in Thailand and employs 813 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Siam Steel's market, we take the total number of its shares issued and multiply it by Siam Steel'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. Siam Steel Service operates under Metals & Mining sector and is part of Materials industry. The entity has 640 M outstanding shares.
Siam Steel Service has accumulated about 363.07 M in cash with (909.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.57.
Check Siam Steel Probability Of Bankruptcy
Ownership AllocationSiam Steel maintains a total of 640 Million outstanding shares. Siam Steel Service has 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. 70.24 % of Siam Steel outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Siam Ownership Details
Siam Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Siam Steel jumping above the current price in 90 days from now is about 42.71%. The Siam Steel Service probability density function shows the probability of Siam Steel stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Siam Steel has a beta of 0.059. This usually implies as returns on the market go up, Siam Steel average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Siam Steel Service will be expected to be much smaller as well. Additionally, siam Steel Service has an alpha of 0.0192, implying that it can generate a 0.0192 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Siam Steel to move above the current price in 90 days from now is about 42.71 (This Siam Steel Service probability density function shows the probability of Siam Stock to fall within a particular range of prices over 90 days) .
Siam Steel Service Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Siam Steel market risk premium is the additional return an investor will receive from holding Siam Steel 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 Siam Steel. 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 Siam Steel's alpha and beta are two of the key measurements used to evaluate Siam Steel's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3321 | |||
| Semi Deviation | 0.3136 | |||
| Standard Deviation | 0.552 | |||
| Variance | 0.3047 |
Siam Stock Against Markets
Picking the right benchmark for Siam Steel 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 Siam Steel 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 Siam Steel is critical whether you are bullish or bearish towards Siam Steel Service at a given time. Please also check how Siam Steel'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 Siam Steel 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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Siam Steel Corporate Directors
Siam Steel corporate directors refer to members of a Siam Steel board of directors. The board of directors generally takes responsibility for the Siam Steel's 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 Siam Steel's board members must vote for the resolution. The Siam Steel board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Sucharit Khunthanakunwong | Independent Director | Profile | |
| Naphaporn Hoonthanasevee | Director | Profile | |
| Phongsak Angsuphan | Independent Director | Profile | |
| Sittichai Kunanantakul | Director | Profile |
How to buy Siam Stock?
Before investing in Siam Steel, 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 Siam Steel. To buy Siam Steel stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Siam Steel. 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 Siam Steel stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Siam Steel Service 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 Siam Steel Service 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 Siam Steel Service, 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 Siam Steel Service?
The danger of trading Siam Steel Service 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 Siam Steel 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 Siam Steel. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Siam Steel Service 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 Siam Steel Service. 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Siam Stock analysis
When running Siam Steel's price analysis, check to measure Siam Steel'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 Siam Steel is operating at the current time. Most of Siam Steel's value examination focuses on studying past and present price action to predict the probability of Siam Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siam Steel's price. Additionally, you may evaluate how the addition of Siam Steel to your portfolios can decrease your overall portfolio volatility.
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