Ryerson Holding (Germany) Price on February 29, 2024
| 7RY Stock | EUR 22.60 0.40 1.74% |
If you're considering investing in Ryerson Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ryerson Holding stands at 22.60, as last reported on the 12th of December 2024, with the highest price reaching 22.60 and the lowest price hitting 22.60 during the day. Ryerson Holding appears to be not too volatile, given 3 months investment horizon. Ryerson Holding maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing Ryerson Holding's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please evaluate Ryerson Holding's Semi Deviation of 1.52, risk adjusted performance of 0.1512, and Coefficient Of Variation of 502.62 to confirm if our risk estimates are consistent with your expectations.
Ryerson Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ryerson |
Sharpe Ratio = 0.2012
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Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Ryerson Holding is performing at about 15% of its full potential. 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 Ryerson Holding by adding it to a well-diversified portfolio.
Ryerson Holding Valuation on February 29, 2024
It is possible to determine the worth of Ryerson Holding on a given historical date. On February 29, 2024 Ryerson was worth 27.8 at the beginning of the trading date compared to the closed value of 27.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ryerson Holding stock. Still, in general, we apply an absolute valuation method to find Ryerson Holding'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 Ryerson Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ryerson Holding's related companies.
| Open | High | Low | Close | Volume | |
| 28.38 | 28.38 | 28.38 | 28.38 | 1.00 | |
02/29/2024 | 27.80 | 27.80 | 27.80 | 27.80 | 1.00 |
| 28.19 | 28.19 | 28.19 | 28.19 | 1.00 |
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Ryerson Holding Trading Date Momentum on February 29, 2024
| On March 01 2024 Ryerson Holding was traded for 28.19 at the closing time. The highest daily price throughout the period was 28.19 and the lowest price was 28.19 . There was no trading activity during the period 1.0. Lack of trading volume on 03/01/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 1.40% . The trading delta at closing time to current closing price is 2.12% . |
Ryerson Holding Fundamentals Correlations and Trends
By evaluating Ryerson Holding'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 Ryerson Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ryerson financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ryerson Holding Stock history
Ryerson Holding 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 Ryerson is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ryerson Holding 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 Ryerson Holding stock prices may prove useful in developing a viable investing in Ryerson Holding
Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States, Canada, Mexico, and China. Ryerson Holding Corporation was founded in 1842 and is headquartered in Chicago, Illinois. RYERSON HLDG operates under Metal Fabrication classification in Germany and is traded on Frankfurt Stock Exchange. It employs 4600 people.
Ryerson Holding Stock Technical Analysis
Ryerson Holding 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
Ryerson Holding Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Ryerson Holding cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ryerson Holding December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Ryerson Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ryerson Holding shares will generate the highest return on investment. By undertsting and applying Ryerson Holding stock market strength indicators, traders can identify Ryerson Holding entry and exit signals to maximize returns
Ryerson Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ryerson Holding's price direction in advance. Along with the technical and fundamental analysis of Ryerson Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ryerson 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 | 0.1512 | |||
| Jensen Alpha | 0.2504 | |||
| Total Risk Alpha | 0.1051 | |||
| Sortino Ratio | 0.2183 | |||
| Treynor Ratio | 0.2083 |
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Complementary Tools for Ryerson Stock analysis
When running Ryerson Holding's price analysis, check to measure Ryerson Holding'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 Ryerson Holding is operating at the current time. Most of Ryerson Holding's value examination focuses on studying past and present price action to predict the probability of Ryerson Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryerson Holding's price. Additionally, you may evaluate how the addition of Ryerson Holding to your portfolios can decrease your overall portfolio volatility.
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