Lohakit Metal (Thailand) Today
| LHK Stock | THB 4.04 0.00 0.00% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Lohakit Metal is selling for 4.04 as of the 18th of April 2024. This is a No Change since the beginning of the trading day. The stock's last reported lowest price was 4.02. Lohakit Metal has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Lohakit Metal Public are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Lohakit Metal Public Company Limited, together with its subsidiaries, engages in processing, distributing, and shearing of stainless steel, steel, and metal products in Thailand. Lohakit Metal Public Company Limited was founded in 1989 and is based in Phra Pradaeng, Thailand. The company has 383 M outstanding shares. More on Lohakit Metal Public
Moving together with Lohakit Stock
| 0.82 | EGCO-R | Electricity Generating | PairCorr |
| 0.91 | GYT | Goodyear Public | PairCorr |
| 0.87 | METCO | Muramoto Electron Public | PairCorr |
Moving against Lohakit Stock
| 0.7 | KYE | Kang Yong Electric | PairCorr |
Follow Valuation Odds of Bankruptcy
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Lohakit Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lohakit Metal's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lohakit Metal or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Prasarn Akarapongpisak |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Aluminum, Heavy Metals, Copper, Industrials, Trading Companies & Distributors, Steel, Basic Materials (View all Sectors) |
Lohakit Metal Public (LHK) is traded on Thailand Exchange in Thailand and employs 18 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.91 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lohakit Metal's market, we take the total number of its shares issued and multiply it by Lohakit Metal's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Lohakit Metal Public operates under Trading Companies & Distributors sector and is part of Industrials industry. The entity has 383 M outstanding shares.
Lohakit Metal Public has accumulated about 318.7 M in cash with 136.93 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.83.
Check Lohakit Metal Probability Of Bankruptcy
Ownership AllocationLohakit Metal Public holds a total of 383 Million outstanding shares. Lohakit Metal Public secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 73.53 % of Lohakit Metal Public outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Lohakit Ownership Details
Lohakit Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Lohakit Metal jumping above the current price in 90 days from now is about 74.12%. The Lohakit Metal Public probability density function shows the probability of Lohakit Metal stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Lohakit Metal Public has a beta of -0.0176. This indicates as returns on the benchmark increase, returns on holding Lohakit Metal are expected to decrease at a much lower rate. During a bear market, however, Lohakit Metal Public is likely to outperform the market. Additionally, lohakit Metal Public has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Lohakit Metal to move above the current price in 90 days from now is about 74.12 (This Lohakit Metal Public probability density function shows the probability of Lohakit Stock to fall within a particular range of prices over 90 days) .
Lohakit Metal Public Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Lohakit Metal market risk premium is the additional return an investor will receive from holding Lohakit Metal long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Lohakit Metal. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Lohakit Metal's alpha and beta are two of the key measurements used to evaluate Lohakit Metal's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5078 | |||
| Standard Deviation | 0.7928 | |||
| Variance | 0.6286 | |||
| Risk Adjusted Performance | (0.1) |
Lohakit Stock Against Markets
Picking the right benchmark for Lohakit Metal stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lohakit Metal stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lohakit Metal is critical whether you are bullish or bearish towards Lohakit Metal Public at a given time. Please also check how Lohakit Metal's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lohakit Metal without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Lohakit Metal Corporate Directors
Lohakit Metal corporate directors refer to members of a Lohakit Metal board of directors. The board of directors generally takes responsibility for the Lohakit Metal's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Lohakit Metal's board members must vote for the resolution. The Lohakit Metal board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Lert Nitheranont | Director, Independent Director | Profile | |
| Loet Nitthiranon | Director, Independent Director | Profile | |
| Teera Wangkanai | Director, Independent Director | Profile | |
| Anan Manatchinapisit | Deputy Managing Director, Acting Human Resource Manager, Secretary, Director and Member of Executive Committee | Profile |
How to buy Lohakit Stock?
Before investing in Lohakit Metal, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Lohakit Metal. To buy Lohakit Metal stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lohakit Metal. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Lohakit Metal stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Lohakit Metal Public stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Lohakit Metal Public stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Lohakit Metal Public, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Lohakit Metal Public?
The danger of trading Lohakit Metal Public is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lohakit Metal is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lohakit Metal. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lohakit Metal Public is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lohakit Metal Public. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Lohakit Stock analysis
When running Lohakit Metal's price analysis, check to measure Lohakit Metal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lohakit Metal is operating at the current time. Most of Lohakit Metal's value examination focuses on studying past and present price action to predict the probability of Lohakit Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lohakit Metal's price. Additionally, you may evaluate how the addition of Lohakit Metal to your portfolios can decrease your overall portfolio volatility.
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