MCS Steel (Thailand) Today
| MCS Stock | THB 8.05 0.05 0.63% |
Performance31 of 100
| Odds Of DistressLess than 9
|
MCS Steel is selling for 8.05 as of the 3rd of May 2024. This is a 0.63 percent up since the beginning of the trading day. The stock's last reported lowest price was 7.95. MCS Steel has less than a 9 % chance of experiencing financial distress in the next few years and had a very strong performance during the last 90 days. Equity ratings for MCS Steel Public are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
Steel Public Company Limited produces and distributes structural steel products for building construction in Thailand and internationally. Steel Public Company Limited was founded in 1992 and is headquartered in Ayutthaya, Thailand. M C operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.. The company has 477 M outstanding shares. More on MCS Steel Public
Moving together with MCS Stock
| 0.83 | KBANK-R | Kasikornbank Public | PairCorr |
| 0.91 | KBANK | Kasikornbank Public | PairCorr |
| 0.87 | KTB | Krung Thai Bank | PairCorr |
| 0.68 | SCB | SCB X Public | PairCorr |
Follow Valuation Odds of Bankruptcy
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MCS 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. MCS Steel's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MCS Steel or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Assistant CEO | Tsuneo Kakuta |
| Thematic Idea | Iron (View all Themes) |
| Business Concentration | Iron, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors) |
MCS Steel Public (MCS) is traded on Thailand Exchange in Thailand and employs 26 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MCS Steel's market, we take the total number of its shares issued and multiply it by MCS 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. MCS Steel Public operates under Metals & Mining sector and is part of Materials industry. The entity has 477 M outstanding shares.
MCS Steel Public has accumulated about 712.78 M in cash with 967.15 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.49.
Check MCS Steel Probability Of Bankruptcy
Ownership AllocationMCS Steel Public maintains a total of 477 Million outstanding shares. MCS Steel Public secures 18.29 % of its outstanding shares held by insiders and 1.21 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check MCS Ownership Details
MCS Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of MCS Steel jumping above the current price in 90 days from now is near 1%. The MCS Steel Public probability density function shows the probability of MCS Steel stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon MCS Steel has a beta of 0.2802. This indicates as returns on the market go up, MCS Steel average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MCS Steel Public will be expected to be much smaller as well. Additionally, mCS Steel Public has an alpha of 0.4312, implying that it can generate a 0.43 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of MCS Steel to move above the current price in 90 days from now is near 1 (This MCS Steel Public probability density function shows the probability of MCS Stock to fall within a particular range of prices over 90 days) .
MCS Steel Public Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. MCS Steel market risk premium is the additional return an investor will receive from holding MCS 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 MCS 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 MCS Steel's alpha and beta are two of the key measurements used to evaluate MCS Steel's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.893 | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.55 | |||
| Downside Variance | 0.9134 |
MCS Stock Against Markets
Picking the right benchmark for MCS 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 MCS 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 MCS Steel is critical whether you are bullish or bearish towards MCS Steel Public at a given time. Please also check how MCS 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 MCS 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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MCS Steel Corporate Directors
MCS Steel corporate directors refer to members of a MCS Steel board of directors. The board of directors generally takes responsibility for the MCS 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 MCS Steel's board members must vote for the resolution. The MCS Steel board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Hakishin Tanwani | Director | Profile | |
| Somphong Methasathitsuk | Director | Profile | |
| Somyot Chiamchirangkorn | Independent Director | Profile | |
| Phairat Viwatbowornwong | Managing Director, Director | Profile |
How to buy MCS Stock?
Before investing in MCS 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 MCS Steel. To buy MCS Steel stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of MCS 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 MCS Steel stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located MCS Steel 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 MCS Steel 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 MCS Steel 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 MCS Steel Public?
The danger of trading MCS Steel 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 MCS 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 MCS Steel. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MCS Steel 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 MCS Steel 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for MCS Stock analysis
When running MCS Steel's price analysis, check to measure MCS 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 MCS Steel is operating at the current time. Most of MCS Steel's value examination focuses on studying past and present price action to predict the probability of MCS 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 MCS Steel's price. Additionally, you may evaluate how the addition of MCS Steel to your portfolios can decrease your overall portfolio volatility.
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