Automotive OEM Brake Friction Material Market Size, Growth Global Report 2023-2031 100 Pages Report - Benzinga
| TMT Stock | THB 2.68 0.08 2.90% |
About 62% of TMT Steel's investor base is looking to short. The analysis of current outlook of investing in TMT Steel Public suggests that many traders are alarmed regarding TMT Steel's prospects. TMT Steel's investing sentiment shows overall attitude of investors towards TMT Steel Public.
TMT |
Automotive OEM Brake Friction Material Market Size, Growth Global Report 2023-2031 100 Pages Report Benzinga
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TMT Steel Fundamental Analysis
We analyze TMT Steel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TMT Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TMT Steel based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
TMT Steel is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
TMT Steel Public Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TMT Steel stock to make a market-neutral strategy. Peer analysis of TMT Steel could also be used in its relative valuation, which is a method of valuing TMT Steel by comparing valuation metrics with similar companies.
Peers
TMT Steel Related Equities
| TIPCO | Tipco Foods | 0.50 | ||||
| KGI | KGI Securities | 0.47 | ||||
| MCS | MCS Steel | 0.70 | ||||
| PAP | Pacific Pipe | 1.28 | ||||
| TVO | Thai Vegetable | 1.75 |
Other Information on Investing in TMT Stock
TMT Steel financial ratios help investors to determine whether TMT 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 TMT with respect to the benefits of owning TMT Steel security.