Steel Connect Financials
| STCN Stock | USD 10.00 0.34 3.29% |
Steel |
Understanding current and past Steel Connect Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Steel Connect's financial statements are interrelated, with each one affecting the others. For example, an increase in Steel Connect's assets may result in an increase in income on the income statement.
Steel Connect Stock Summary
Steel Connect competes with Baosheng Media, CyberAgent, Kidoz, Advantage Solutions, and Townsquare Media. Steel Connect, Inc., together with its subsidiaries, provides direct marketing and supply chain services in the United States, Mainland China, and internationally. Steel Connect, Inc. was incorporated in 1986 and is headquartered in Smyrna, Tennessee. Steel Connect operates under Advertising Agencies classification in the United States and is traded on NASDAQ Exchange. It employs 3120 people.Specialization | Communication Services, Advertising Agencies |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US8580981061 |
| CUSIP | 60786L107 60786L206 858098106 858098205 125750109 125750307 |
| Location | Massachusetts; U.S.A |
| Business Address | 590 Madison Avenue, |
| Sector | Professional Services |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.steelconnectinc.com |
| Phone | 914 461 1276 |
| Currency | USD - US Dollar |
Steel Connect Key Financial Ratios
Steel Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Steel Connect's current stock value. Our valuation model uses many indicators to compare Steel Connect value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Steel Connect competition to find correlations between indicators driving Steel Connect's intrinsic value. More Info.Steel Connect is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.04 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Steel Connect is roughly 24.23 . 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 Steel Connect's earnings, one of the primary drivers of an investment's value.Steel Connect Systematic Risk
Steel Connect's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Steel Connect 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.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Steel Connect correlated with the market. If Beta is less than 0 Steel Connect generally moves in the opposite direction as compared to the market. If Steel Connect Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Steel Connect is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Steel Connect is generally in the same direction as the market. If Beta > 1 Steel Connect moves generally in the same direction as, but more than the movement of the benchmark.
Steel Connect November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Steel Connect help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Steel Connect. We use our internally-developed statistical techniques to arrive at the intrinsic value of Steel Connect based on widely used predictive technical indicators. In general, we focus on analyzing Steel Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Steel Connect's daily price indicators and compare them against related drivers.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 16.18 | |||
| Value At Risk | (5.29) | |||
| Potential Upside | 4.41 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Connect. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Steel Stock, please use our How to Invest in Steel Connect guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Business Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steel Connect. If investors know Steel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steel Connect listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Steel Connect is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Connect's value that differs from its market value or its book value, called intrinsic value, which is Steel Connect's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steel Connect's market value can be influenced by many factors that don't directly affect Steel Connect's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Steel Connect's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Connect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Connect's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.