Newcity Public (Thailand) Today
| NC Stock | THB 3.78 0.06 1.56% |
Performance0 of 100
| Odds Of DistressOver 67
|
Newcity Public is selling for 3.78 as of the 19th of April 2024. This is a -1.56 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 3.74. Newcity Public has more than 67 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Newcity Public are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Newcity Public Company Limited engages in the distribution of pantyhose products, cosmetics, innerwear, and exercise outfits in Thailand. The company was founded in 1964 and is based in Bangkok, Thailand. NEWCITY PUBLIC operates under Apparel Manufacturing classification in Thailand and is traded on Stock Exchange of Thailand.. The company has 14.95 M outstanding shares. More on Newcity Public
Moving against Newcity Stock
| 0.61 | JAS | Jasmine International | PairCorr |
| 0.49 | AYUD | Allianz Ayudhya Capital | PairCorr |
Follow Valuation Odds of Bankruptcy
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Newcity 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. Newcity Public's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Newcity Public or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Consumer Discretionary, Distributors, Apparel Manufacturing, Consumer Cyclical (View all Sectors) |
Newcity Public (NC) is traded on Thailand Exchange in Thailand and employs 21 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 159.98 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Newcity Public's market, we take the total number of its shares issued and multiply it by Newcity Public'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. Newcity Public classifies itself under Distributors sector and is part of Consumer Discretionary industry. The entity has 14.95 M outstanding shares.
Newcity Public has accumulated about 95.63 M in cash with (14.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.4, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationThe market capitalization of Newcity Public is 159.98 Million. Newcity Public secures 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. 75.57 % of Newcity Public outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Newcity Ownership Details
Newcity Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Newcity Public jumping above the current price in 90 days from now is over 95.68%. The Newcity Public probability density function shows the probability of Newcity Public stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Newcity Public has a beta of -0.519. This indicates as returns on the benchmark increase, returns on holding Newcity Public are expected to decrease at a much lower rate. During a bear market, however, Newcity Public is likely to outperform the market. Additionally, newcity Public has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Newcity Public to move above the current price in 90 days from now is over 95.68 (This Newcity Public probability density function shows the probability of Newcity Stock to fall within a particular range of prices over 90 days) .
Newcity Public Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Newcity Public market risk premium is the additional return an investor will receive from holding Newcity Public 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 Newcity Public. 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 Newcity Public's alpha and beta are two of the key measurements used to evaluate Newcity Public's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.07 | |||
| Standard Deviation | 4.58 | |||
| Variance | 21.0 | |||
| Risk Adjusted Performance | (0.02) |
Newcity Stock Against Markets
Picking the right benchmark for Newcity Public 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 Newcity Public 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 Newcity Public is critical whether you are bullish or bearish towards Newcity Public at a given time. Please also check how Newcity Public'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 Newcity Public 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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Newcity Public Corporate Management
Elected by the shareholders, the Newcity Public's board of directors comprises two types of representatives: Newcity Public inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Newcity. The board's role is to monitor Newcity Public's management team and ensure that shareholders' interests are well served. Newcity Public's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Newcity Public's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kawiphong Hirankasi | Independent Director | Profile | |
| Churaiorn Simalawong | Director | Profile | |
| Phatthaya Ketsathian | Director | Profile | |
| Samang Chanthrima | Director | Profile | |
| Bunpakorn Chokwathana | Chairman of the Board, Managing Director | Profile | |
| Worawan Chokwathana | Director | Profile | |
| Adun Srimadi | Company Secretary | Profile |
How to buy Newcity Stock?
Before investing in Newcity Public, 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 Newcity Public. To buy Newcity Public stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Newcity Public. 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 Newcity Public stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Newcity Public 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 Newcity Public 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 Newcity Public, 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 Newcity Public?
The danger of trading Newcity Public 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 Newcity Public 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 Newcity Public. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Newcity Public 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newcity 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 bureau of labor statistics. Note that the Newcity Public information on this page should be used as a complementary analysis to other Newcity Public's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Newcity Stock analysis
When running Newcity Public's price analysis, check to measure Newcity 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 Newcity Public is operating at the current time. Most of Newcity Public's value examination focuses on studying past and present price action to predict the probability of Newcity 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 Newcity Public's price. Additionally, you may evaluate how the addition of Newcity Public to your portfolios can decrease your overall portfolio volatility.
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