Vraj Iron and Steel IPO Check GMP, subscription status, brokerage reviews and more - Business Today
| TMT Stock | THB 3.26 0.04 1.21% |
About 61% 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.
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Vraj Iron and Steel IPO Check GMP, subscription status, brokerage reviews and more Business Today
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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.
Beta
Beta Comparative Analysis
TMT Steel is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
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
| DCON | Dcon Products | 6.67 | ||||
| ETE | Eastern Technical | 1.12 | ||||
| LHHOTEL | LH Hotel | 0.75 | ||||
| THIP | Thantawan Industry | 0.00 | ||||
| PM | Premier Marketing | 0.55 | ||||
| TU | Thai Union | 0.74 | ||||
| AOT | Airports | 0.82 | ||||
| GUNKUL | Gunkul Engineering | 1.71 | ||||
| ERW | Erawan | 1.93 | ||||
| JMART-R | Jay Mart | 4.83 |
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.