Companhia Siderurgica Nacional Stock Price on February 15, 2024
| SID Stock | USD 2.60 0.08 3.17% |
Below is the normalized historical share price chart for Companhia Siderurgica Nacional extending back to November 14, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Companhia Siderurgica stands at 2.60, as last reported on the 28th of May, with the highest price reaching 2.63 and the lowest price hitting 2.57 during the day.
If you're considering investing in Companhia Stock, it is important to understand the factors that can impact its price. Companhia Siderurgica secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Companhia Siderurgica Nacional exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Companhia Siderurgica's Standard Deviation of 2.18, mean deviation of 1.73, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide.
At present, Companhia Siderurgica's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 12.4 B, whereas Other Stockholder Equity is projected to grow to (5.8 B). . At present, Companhia Siderurgica's Price To Free Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. Companhia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of November 1997 | 200 Day MA 2.9648 | 50 Day MA 2.862 | Beta 1.769 |
Companhia |
Sharpe Ratio = -0.1482
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Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 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.
Price Book 1.0634 | Enterprise Value Ebitda 1.299 | Price Sales 0.0824 | Shares Float 600.9 M | Dividend Share 1.459 |
Companhia Siderurgica Valuation on February 15, 2024
It is possible to determine the worth of Companhia Siderurgica on a given historical date. On February 15, 2024 Companhia was worth 3.67 at the beginning of the trading date compared to the closed value of 3.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Companhia Siderurgica stock. Still, in general, we apply an absolute valuation method to find Companhia Siderurgica's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Companhia Siderurgica where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Companhia Siderurgica's related companies.
| Open | High | Low | Close | Volume | |
| 3.52 | 3.56 | 3.36 | 3.36 | 2,963,559 | |
02/15/2024 | 3.67 | 3.73 | 3.49 | 3.49 | 3,378,548 |
| 3.74 | 3.84 | 3.60 | 3.60 | 2,725,469 |
| Backtest Companhia Siderurgica | | | Companhia Siderurgica History | | | Companhia Siderurgica Valuation | Previous | Next |
Companhia Siderurgica Trading Date Momentum on February 15, 2024
| On February 16 2024 Companhia Siderurgica Nacional was traded for 3.60 at the closing time. Highest Companhia Siderurgica's price during the trading hours was 3.84 and the lowest price during the day was 3.60 . The net volume was 2.7 M. The overall trading history on the 16th of February 2024 contributed to the next trading period price growth. The trading price change to the next next day price was 3.15% . The overall trading delta to current price is 0.57% . |
Companhia Siderurgica Fundamentals Correlations and Trends
By evaluating Companhia Siderurgica's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Companhia Siderurgica's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Companhia financial account trend analysis is a perfect complement when working with valuation or volatility modules.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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 1.3 B | |
| Net Income Applicable To Common Shares | 1.8 B | 1.9 B |
Companhia Siderurgica Quarterly Net Working Capital |
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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.
Price Boundaries
Companhia Siderurgica Period Price Range
Low | February 15, 2024
| High |
3.67 | 3.49 |
Companhia Siderurgica May 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Companhia Siderurgica stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Companhia Siderurgica shares will generate the highest return on investment. By undertsting and applying Companhia Siderurgica stock market strength indicators, traders can identify Companhia Siderurgica Nacional entry and exit signals to maximize returns
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.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.20) |
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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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Companhia Stock analysis
When running Companhia Siderurgica's price analysis, check to measure Companhia Siderurgica'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 Companhia Siderurgica is operating at the current time. Most of Companhia Siderurgica's value examination focuses on studying past and present price action to predict the probability of Companhia Siderurgica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia Siderurgica's price. Additionally, you may evaluate how the addition of Companhia Siderurgica to your portfolios can decrease your overall portfolio volatility.
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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.
Quarterly Earnings Growth 33.206 | Dividend Share 1.459 | Earnings Share (0.05) | Revenue Per Share 33.054 | Quarterly Revenue Growth (0.14) |
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.