Mycron Steel Financials
| 5087 Stock | 0.36 0.02 5.26% |
Mycron |
Understanding current and past Mycron Steel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mycron Steel's financial statements are interrelated, with each one affecting the others. For example, an increase in Mycron Steel's assets may result in an increase in income on the income statement.
| Instrument | Malaysia Stock View All |
| Exchange | Kuala Lumpur Exchange |
| ISIN | MYL5087OO001 |
| Sector | Basic Materials |
| Industry | Metals & Mining |
| Benchmark | Dow Jones Industrial |
You should never invest in Mycron Steel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mycron Stock, because this is throwing your money away. Analyzing the key information contained in Mycron Steel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Mycron Steel Key Financial Ratios
There are many critical financial ratios that Mycron Steel's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Mycron Steel Bhd reports annually and quarterly.Mycron Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mycron Steel's current stock value. Our valuation model uses many indicators to compare Mycron Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mycron Steel competition to find correlations between indicators driving Mycron Steel's intrinsic value. More Info.Mycron Steel Bhd is rated third in return on equity category among its peers. It also is rated third in current valuation category among its peers reporting about 23,234,572 of Current Valuation per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mycron Steel's earnings, one of the primary drivers of an investment's value.Mycron Steel Bhd Systematic Risk
Mycron Steel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mycron Steel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Mycron Steel Bhd correlated with the market. If Beta is less than 0 Mycron Steel generally moves in the opposite direction as compared to the market. If Mycron Steel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mycron Steel Bhd is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mycron Steel is generally in the same direction as the market. If Beta > 1 Mycron Steel moves generally in the same direction as, but more than the movement of the benchmark.
Mycron Steel Thematic Clasifications
Mycron Steel Bhd is part of Iron investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
| Iron | View |
Mycron Steel November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mycron Steel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mycron Steel Bhd. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mycron Steel Bhd based on widely used predictive technical indicators. In general, we focus on analyzing Mycron Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mycron Steel's daily price indicators and compare them against related drivers.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 19.29 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 5.41 |
Other Information on Investing in Mycron Stock
Mycron Steel financial ratios help investors to determine whether Mycron Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mycron with respect to the benefits of owning Mycron Steel security.