Major Cineplex (Thailand) Today
| MAJOR Stock | THB 14.80 0.30 2.07% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Major Cineplex is trading at 14.80 as of the 25th of April 2024, a 2.07 percent increase since the beginning of the trading day. The stock's open price was 14.5. Major Cineplex has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Major Cineplex Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Major Cineplex Group Public Company Limited, together with its subsidiaries, operates as a lifestyle entertainment company primarily in Thailand. Major Cineplex Group Public Company Limited was founded in 1995 and is based in Bangkok, Thailand. MAJOR CINEPLEX operates under Media - Diversified classification in Thailand and is traded on Stock Exchange of Thailand.. The company has 894.67 M outstanding shares. More on Major Cineplex Group
Moving against Major Stock
| 0.62 | CIMBT | CIMB Thai Bank | PairCorr |
Follow Valuation Odds of Bankruptcy
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Major 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. Major Cineplex's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Major Cineplex or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Nithi Patthanapakdi |
| Business Concentration | Communication Services, Entertainment, Media - Diversified, Consumer Cyclical (View all Sectors) |
Major Cineplex Group (MAJOR) is traded on Thailand Exchange in Thailand and employs 30 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 16.01 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Major Cineplex's market, we take the total number of its shares issued and multiply it by Major Cineplex'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. Major Cineplex Group operates under Entertainment sector and is part of Communication Services industry. The entity has 894.67 M outstanding shares.
Major Cineplex Group has accumulated about 809.01 M in cash with (543.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.9.
Check Major Cineplex Probability Of Bankruptcy
Ownership AllocationMajor Cineplex Group holds a total of 894.67 Million outstanding shares. Major Cineplex Group holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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 Major Ownership Details
Major Stock Price Odds Analysis
What are Major Cineplex's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Major Cineplex jumping above the current price in 90 days from now is roughly 2.1%. The Major Cineplex Group probability density function shows the probability of Major Cineplex stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Major Cineplex Group has a beta of -0.0353. This indicates as returns on the benchmark increase, returns on holding Major Cineplex are expected to decrease at a much lower rate. During a bear market, however, Major Cineplex Group is likely to outperform the market. Additionally, major Cineplex Group has an alpha of 0.068, implying that it can generate a 0.068 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Major Cineplex to move above the current price in 90 days from now is roughly 2.1 (This Major Cineplex Group probability density function shows the probability of Major Stock to fall within a particular range of prices over 90 days) .
Major Cineplex Group Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Major Cineplex market risk premium is the additional return an investor will receive from holding Major Cineplex 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 Major Cineplex. 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 Major Cineplex's alpha and beta are two of the key measurements used to evaluate Major Cineplex's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8799 | |||
| Semi Deviation | 0.9827 | |||
| Standard Deviation | 1.21 | |||
| Variance | 1.46 |
Major Stock Against Markets
Picking the right benchmark for Major Cineplex 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 Major Cineplex 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 Major Cineplex is critical whether you are bullish or bearish towards Major Cineplex Group at a given time. Please also check how Major Cineplex'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 Major Cineplex 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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Major Cineplex Corporate Directors
Major Cineplex corporate directors refer to members of a Major Cineplex board of directors. The board of directors generally takes responsibility for the Major Cineplex'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 Major Cineplex's board members must vote for the resolution. The Major Cineplex board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Verawat Ongvasith | Executive Director, Director | Profile | |
| Thanakorn Puliwekhin | Director | Profile | |
| Wirawat Ongwasit | Executive Director, Director | Profile | |
| Chai Charungthanaphiban | Independent Director | Profile |
How to buy Major Stock?
Before investing in Major Cineplex, 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 Major Cineplex. To buy Major Cineplex stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Major Cineplex. 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 Major Cineplex stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Major Cineplex Group 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 Major Cineplex Group 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 Major Cineplex Group, 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 Major Cineplex Group?
The danger of trading Major Cineplex Group 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 Major Cineplex 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 Major Cineplex. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Major Cineplex Group 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 Major Cineplex Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Major Stock analysis
When running Major Cineplex's price analysis, check to measure Major Cineplex'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 Major Cineplex is operating at the current time. Most of Major Cineplex's value examination focuses on studying past and present price action to predict the probability of Major Cineplex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Major Cineplex's price. Additionally, you may evaluate how the addition of Major Cineplex to your portfolios can decrease your overall portfolio volatility.
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