Mycron Steel (Malaysia) Performance
| 5087 Stock | 0.29 0.02 6.45% |
The company secures a Beta (Market Risk) of 1.26, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Mycron Steel will likely underperform. At this point, Mycron Steel Bhd has a negative expected return of -0.0475%. Please make sure to verify Mycron Steel's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Mycron Steel Bhd performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Mycron Steel Bhd has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, Mycron Steel is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 90.9 M | |
| Total Cashflows From Investing Activities | -12 M | |
| Free Cash Flow | 16 M |
Mycron |
Mycron Steel Relative Risk vs. Return Landscape
If you would invest 34.00 in Mycron Steel Bhd on December 24, 2024 and sell it today you would lose (5.00) from holding Mycron Steel Bhd or give up 14.71% of portfolio value over 90 days. Mycron Steel Bhd is generating negative expected returns and assumes 6.8575% volatility on return distribution over the 90 days horizon. Simply put, 61% of stocks are less volatile than Mycron, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Mycron Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mycron Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Mycron Steel Bhd, and traders can use it to determine the average amount a Mycron Steel's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0069
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 5087 |
Estimated Market Risk
| 6.86 actual daily | 61 61% of assets are less volatile |
Expected Return
| -0.05 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 Mycron 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 Mycron Steel by adding Mycron Steel to a well-diversified portfolio.
Mycron Steel Fundamentals Growth
Mycron Stock prices reflect investors' perceptions of the future prospects and financial health of Mycron Steel, and Mycron Steel fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Mycron Stock performance.
| Return On Equity | 9.75 | |||
| Current Valuation | 226.59 M | |||
| Price To Book | 0.28 X | |||
| Price To Sales | 0.19 X | |||
| Revenue | 745.88 M | |||
| EBITDA | 87.78 M | |||
| Cash And Equivalents | 111.8 M | |||
| Total Debt | 45.28 M | |||
| Cash Flow From Operations | 26.63 M | |||
| Total Asset | 851.64 M | |||
About Mycron Steel Performance
By examining Mycron Steel's fundamental ratios, stakeholders can obtain critical insights into Mycron Steel's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Mycron Steel is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Mycron Steel Bhd performance evaluation
Checking the ongoing alerts about Mycron Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Mycron Steel Bhd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mycron Steel Bhd generated a negative expected return over the last 90 days | |
| Mycron Steel Bhd has high historical volatility and very poor performance | |
| Mycron Steel Bhd has some characteristics of a very speculative penny stock |
- Analyzing Mycron Steel's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Mycron Steel's stock is overvalued or undervalued compared to its peers.
- Examining Mycron Steel's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Mycron Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mycron Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mycron Steel's stock. These opinions can provide insight into Mycron Steel's potential for growth and whether the stock is currently undervalued or overvalued.
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.