Bluescope Steel (Australia) Price on November 17, 2023
| BSL Stock | 19.21 0.62 3.13% |
Below is the normalized historical share price chart for Bluescope Steel extending back to July 15, 2002. 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 Bluescope Steel stands at 19.21, as last reported on the 22nd of December, with the highest price reaching 19.83 and the lowest price hitting 19.16 during the day.
If you're considering investing in Bluescope Stock, it is important to understand the factors that can impact its price. Bluescope Steel secures Sharpe Ratio (or Efficiency) of -0.0524, which signifies that the company had a -0.0524% return per unit of risk over the last 3 months. Bluescope Steel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bluescope Steel's Standard Deviation of 2.04, risk adjusted performance of (0.04), and Mean Deviation of 1.54 to double-check the risk estimate we provide.
At this time, Bluescope Steel's Common Stock is comparatively stable compared to the past year. Capital Stock is likely to gain to about 2.5 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 430.7 M in 2024. . Bluescope Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of July 2002 | 200 Day MA 21.3805 | 50 Day MA 21.3016 | Beta 1.301 |
Bluescope |
Sharpe Ratio = -0.0524
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| Negative Returns | BSL |
Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bluescope Steel 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 Bluescope Steel by adding Bluescope Steel to a well-diversified portfolio.
Price Book 0.7859 | Enterprise Value Ebitda 4.0444 | Price Sales 0.494 | Shares Float 437.6 M | Dividend Share 0.55 |
Bluescope Steel Valuation on November 17, 2023
It is possible to determine the worth of Bluescope Steel on a given historical date. On November 17, 2023 Bluescope was worth 19.83 at the beginning of the trading date compared to the closed value of 19.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bluescope Steel stock. Still, in general, we apply an absolute valuation method to find Bluescope Steel'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 Bluescope Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bluescope Steel's related companies.
| Open | High | Low | Close | Volume | |
| 19.72 | 19.95 | 19.60 | 19.91 | 1,944,509 | |
11/17/2023 | 19.83 | 19.99 | 19.73 | 19.91 | 1,557,402 |
| 19.96 | 20.25 | 19.92 | 20.11 | 1,086,402 |
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Bluescope Steel Trading Date Momentum on November 17, 2023
| On November 20 2023 Bluescope Steel was traded for 20.11 at the closing time. The maximum traded price for the trading interval was 20.25 and the lowest daily price was 19.92 . The daily volume was recorded at 1.1 M. The volume of trading on 20th of November 2023 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 1.00% . The overall trading delta to the closing price today is 1.51% . |
Bluescope Steel Fundamentals Correlations and Trends
By evaluating Bluescope Steel'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 Bluescope Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bluescope financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bluescope Steel Stock history
Bluescope Steel 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 Bluescope is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bluescope Steel 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 Bluescope Steel stock prices may prove useful in developing a viable investing in Bluescope Steel
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 450.9 M | 430.7 M | |
| Net Income Applicable To Common Shares | 1.2 B | 816.4 M |
Bluescope Steel Quarterly Net Working Capital |
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Bluescope Steel Stock Technical Analysis
Bluescope Steel 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
Bluescope Steel Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Bluescope Steel cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Bluescope Steel December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Bluescope Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bluescope Steel shares will generate the highest return on investment. By undertsting and applying Bluescope Steel stock market strength indicators, traders can identify Bluescope Steel entry and exit signals to maximize returns
Bluescope Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bluescope Steel's price direction in advance. Along with the technical and fundamental analysis of Bluescope Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bluescope 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 | (0.04) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.13) |
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Additional Tools for Bluescope Stock Analysis
When running Bluescope Steel's price analysis, check to measure Bluescope Steel'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 Bluescope Steel is operating at the current time. Most of Bluescope Steel's value examination focuses on studying past and present price action to predict the probability of Bluescope Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bluescope Steel's price. Additionally, you may evaluate how the addition of Bluescope Steel to your portfolios can decrease your overall portfolio volatility.