Companhia Siderurgica Nacional Stock Price History

SID Stock  USD 2.76  0.08  2.99%   
If you're considering investing in Companhia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Companhia Siderurgica stands at 2.76, as last reported on the 13th of May 2024, with the highest price reaching 2.80 and the lowest price hitting 2.74 during the day. Companhia Siderurgica secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Companhia Siderurgica Nacional exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Companhia Siderurgica's Mean Deviation of 1.81, standard deviation of 2.3, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide.
  
Companhia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1422

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Estimated Market Risk

 2.33
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.33
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Companhia Siderurgica 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 Companhia Siderurgica by adding Companhia Siderurgica to a well-diversified portfolio.

Companhia Siderurgica Stock Price History Chart

There are several ways to analyze Companhia Stock price data. The simplest method is using a basic Companhia candlestick price chart, which shows Companhia Siderurgica price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 16, 20243.79
Lowest PriceMay 10, 20242.68

Companhia Siderurgica May 13, 2024 Stock Price Synopsis

Various analyses of Companhia Siderurgica's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Companhia Stock. It can be used to describe the percentage change in the price of Companhia Siderurgica from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Companhia Stock.
Companhia Siderurgica Price Daily Balance Of Power 1.33 
Companhia Siderurgica Price Action Indicator 0.03 
Companhia Siderurgica Accumulation Distribution 62,308 
Companhia Siderurgica Price Rate Of Daily Change 1.03 

Companhia Siderurgica May 13, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Companhia Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Companhia Siderurgica intraday prices and daily technical indicators to check the level of noise trading in Companhia Stock and then apply it to test your longer-term investment strategies against Companhia.

Companhia Stock Price History Data

The price series of Companhia Siderurgica for the period between Tue, Feb 13, 2024 and Mon, May 13, 2024 has a statistical range of 1.11 with a coefficient of variation of 9.89. The price distribution for the period has arithmetic mean of 3.1. The median price for the last 90 days is 3.1. The company completed stock split (2:1) on 7th of April 2010. Companhia Siderurgica had dividends distributed to its stock-holders on 2023-11-22.
OpenHighLowCloseVolume
05/13/2024 2.77  2.80  2.74  2.76  2,907,691 
05/10/2024 2.75  2.75  2.64  2.68  1,850,493 
05/09/2024 2.70  2.71  2.67  2.71  1,969,077 
05/08/2024 2.72  2.75  2.71  2.75  896,500 
05/07/2024 2.81  2.83  2.77  2.77  1,005,054 
05/06/2024 2.83  2.86  2.79  2.82  1,739,609 
05/03/2024 2.82  2.85  2.81  2.83  2,538,741 
05/02/2024 2.75  2.78  2.73  2.76  2,476,887 
05/01/2024 2.70  2.76  2.67  2.69  1,747,057 
04/30/2024 2.70  2.72  2.67  2.69  1,767,408 
04/29/2024 2.77  2.80  2.75  2.78  2,163,133 
04/26/2024 2.77  2.81  2.76  2.77  3,258,450 
04/25/2024 2.72  2.76  2.71  2.71  2,959,101 
04/24/2024 2.85  2.85  2.76  2.78  1,660,023 
04/23/2024 2.80  2.86  2.77  2.82  4,330,045 
04/22/2024 2.77  2.89  2.75  2.87  4,212,587 
04/19/2024 2.70  2.82  2.70  2.82  3,327,289 
04/18/2024 2.75  2.80  2.68  2.72  3,659,928 
04/17/2024 2.79  2.80  2.72  2.75  3,515,637 
04/16/2024 2.67  2.71  2.64  2.70  4,608,764 
04/15/2024 2.79  2.84  2.76  2.79  4,008,434 
04/12/2024 2.83  2.89  2.79  2.81  3,963,540 
04/11/2024 2.83  2.84  2.80  2.82  2,982,935 
04/10/2024 2.90  2.91  2.81  2.83  4,011,190 
04/09/2024 3.05  3.07  3.00  3.02  3,721,324 
04/08/2024 3.02  3.08  3.01  3.06  3,719,093 
04/05/2024 2.97  2.98  2.92  2.94  2,730,062 
04/04/2024 2.99  3.07  2.95  2.97  5,480,617 
04/03/2024 2.97  3.04  2.97  3.03  3,298,394 
04/02/2024 3.01  3.05  2.97  3.01  3,146,853 
04/01/2024 3.14  3.17  3.06  3.10  2,914,228 
03/28/2024 3.07  3.13  3.07  3.13  3,089,563 
03/27/2024 3.08  3.14  3.07  3.14  3,373,731 
03/26/2024 3.12  3.13  3.07  3.08  2,578,152 
03/25/2024 3.18  3.20  3.13  3.13  2,654,027 
03/22/2024 3.18  3.20  3.14  3.14  1,251,395 
03/21/2024 3.28  3.29  3.21  3.25  4,012,617 
03/20/2024 3.14  3.27  3.14  3.26  3,889,511 
03/19/2024 3.12  3.19  3.12  3.14  3,357,905 
03/18/2024 3.07  3.11  3.04  3.08  2,520,376 
03/15/2024 3.05  3.08  3.00  3.03  3,429,834 
03/14/2024 3.22  3.22  3.08  3.10  2,522,653 
03/13/2024 3.21  3.27  3.19  3.25  3,865,864 
03/12/2024 3.23  3.25  3.18  3.22  3,646,415 
03/11/2024 3.16  3.21  3.15  3.19  3,131,568 
03/08/2024 3.18  3.25  3.16  3.23  4,419,811 
03/07/2024 3.33  3.33  3.17  3.18  4,825,279 
03/06/2024 3.33  3.39  3.30  3.35  3,125,456 
03/05/2024 3.29  3.34  3.28  3.31  2,424,546 
03/04/2024 3.37  3.38  3.33  3.35  1,221,327 
03/01/2024 3.39  3.41  3.34  3.40  1,777,925 
02/29/2024 3.40  3.42  3.36  3.37  957,138 
02/28/2024 3.44  3.45  3.40  3.41  1,588,768 
02/27/2024 3.46  3.50  3.45  3.47  1,215,282 
02/26/2024 3.47  3.47  3.36  3.41  2,598,778 
02/23/2024 3.53  3.54  3.49  3.52  950,336 
02/22/2024 3.55  3.56  3.48  3.48  2,576,865 
02/21/2024 3.50  3.54  3.47  3.50  2,636,603 
02/20/2024 3.68  3.69  3.59  3.63  3,469,824 
02/16/2024 3.74  3.84  3.74  3.79  2,725,468 
02/15/2024 3.67  3.73  3.66  3.67  3,378,542 

About Companhia Siderurgica Stock history

Companhia Siderurgica investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Companhia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Companhia Siderurgica will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Companhia Siderurgica stock prices may prove useful in developing a viable investing in Companhia Siderurgica
Companhia Siderrgica Nacional operates as an integrated steel producer in Brazil and Latin America. Companhia Siderrgica Nacional operates as a subsidiary of Vicunha Aos S.A. Companhia Siderurgica operates under Steel classification in the United States and is traded on New York Stock Exchange. It employs 24687 people.

Companhia Siderurgica Stock Technical Analysis

Companhia Siderurgica technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Companhia Siderurgica technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Companhia Siderurgica trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Companhia Siderurgica Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Companhia Siderurgica's price direction in advance. Along with the technical and fundamental analysis of Companhia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Companhia to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Companhia Siderurgica is a strong investment it is important to analyze Companhia Siderurgica's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Companhia Siderurgica's future performance. For an informed investment choice regarding Companhia Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Companhia Siderurgica Nacional. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is Companhia Siderurgica's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Companhia Siderurgica. If investors know Companhia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Companhia Siderurgica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Companhia Siderurgica is measured differently than its book value, which is the value of Companhia that is recorded on the company's balance sheet. Investors also form their own opinion of Companhia Siderurgica's value that differs from its market value or its book value, called intrinsic value, which is Companhia Siderurgica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Companhia Siderurgica's market value can be influenced by many factors that don't directly affect Companhia Siderurgica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Companhia Siderurgica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia Siderurgica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia Siderurgica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.