Millcon Steel (Thailand) Price on January 7, 2025
| MILL Stock | THB 0.09 0.00 0.00% |
If you're considering investing in Millcon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Millcon Steel stands at 0.09, as last reported on the 26th of March, with the highest price reaching 0.09 and the lowest price hitting 0.09 during the day. As of now, Millcon Stock is out of control. Millcon Steel Public has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Millcon Steel, which you can use to evaluate the volatility of the firm. Please verify Millcon Steel's Risk Adjusted Performance of 0.0149, downside deviation of 10.34, and Mean Deviation of 3.99 to check out if the risk estimate we provide is consistent with the expected return of 0.0331%.
Millcon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Millcon |
Sharpe Ratio = 0.0051
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| Negative Returns | MILL |
Estimated Market Risk
| 6.48 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Millcon Steel is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Millcon Steel by adding Millcon Steel to a well-diversified portfolio.
Millcon Steel Valuation on January 7, 2025
It is possible to determine the worth of Millcon Steel on a given historical date. On January 7, 2025 Millcon was worth 0.09 at the beginning of the trading date compared to the closed value of 0.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Millcon Steel stock. Still, in general, we apply an absolute valuation method to find Millcon Steel's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Millcon Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Millcon Steel's related companies.
| Open | High | Low | Close | Volume | |
| 0.10 | 0.10 | 0.08 | 0.09 | 4,393,800 | |
01/07/2025 | 0.09 | 0.10 | 0.09 | 0.10 | 2,752,100 |
| 0.09 | 0.10 | 0.09 | 0.09 | 1,149,600 |
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Millcon Steel Trading Date Momentum on January 7, 2025
| On January 08 2025 Millcon Steel Public was traded for 0.09 at the closing time. The highest price during the trading period was 0.10 and the lowest recorded bid was listed for 0.09 . The volume for the day was 1.1 M. This history from January 8, 2025 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 10.00% . The trading delta at closing time to the current price is 10.00% . |
Millcon Steel Public Fundamentals Correlations and Trends
By evaluating Millcon Steel's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Millcon Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Millcon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Millcon Steel Stock history
Millcon Steel investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Millcon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Millcon Steel Public will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Millcon Steel stock prices may prove useful in developing a viable investing in Millcon Steel
Millcon Steel Public Company Limited manufactures and trades in steel products in Thailand and internationally. Millcon Steel Public Company Limited was founded in 1998 and is headquartered in Bangkok, Thailand. MILLCON STEEL operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.
Millcon Steel Stock Technical Analysis
Millcon Steel technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Millcon Steel Period Price Range
Low | March 26, 2025
| High |
0.00 | 0.00 |
Millcon Steel Public cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Millcon Steel March 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Millcon Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Millcon Steel shares will generate the highest return on investment. By undertsting and applying Millcon Steel stock market strength indicators, traders can identify Millcon Steel Public entry and exit signals to maximize returns
Millcon Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Millcon Steel's price direction in advance. Along with the technical and fundamental analysis of Millcon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Millcon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0149 | |||
| Jensen Alpha | 0.036 | |||
| Total Risk Alpha | 0.0158 | |||
| Sortino Ratio | 0.0033 | |||
| Treynor Ratio | 0.0736 |
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Other Information on Investing in Millcon Stock
Millcon Steel financial ratios help investors to determine whether Millcon 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 Millcon with respect to the benefits of owning Millcon Steel security.