Companhia Siderrgica (Brazil) Price on October 24, 2024
| CSNA3 Stock | BRL 11.16 0.26 2.39% |
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 Siderrgica stands at 11.16, as last reported on the 2nd of December, with the highest price reaching 11.21 and the lowest price hitting 10.76 during the day. Currently, Companhia Siderrgica Nacional is somewhat reliable. Companhia Siderrgica secures Sharpe Ratio (or Efficiency) of 0.0324, which signifies that the company had a 0.0324% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Companhia Siderrgica Nacional, which you can use to evaluate the volatility of the firm. Please confirm Companhia Siderrgica's Mean Deviation of 2.03, risk adjusted performance of 0.012, and Downside Deviation of 2.69 to double-check if the risk estimate we provide is consistent with the expected return of 0.0965%.
Companhia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Companhia |
Sharpe Ratio = 0.0324
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Estimated Market Risk
| 2.98 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Companhia Siderrgica is performing at about 2% 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 Companhia Siderrgica by adding it to a well-diversified portfolio.
Companhia Siderrgica Valuation on October 24, 2024
It is possible to determine the worth of Companhia Siderrgica on a given historical date. On October 24, 2024 Companhia was worth 10.88 at the beginning of the trading date compared to the closed value of 11.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Companhia Siderrgica stock. Still, in general, we apply an absolute valuation method to find Companhia Siderrgica'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 Siderrgica where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Companhia Siderrgica's related companies.
| Open | High | Low | Close | Volume | |
| 10.84 | 11.01 | 10.76 | 10.91 | 4,871,200 | |
10/24/2024 | 10.88 | 11.14 | 10.78 | 11.13 | 6,109,000 |
| 11.23 | 11.40 | 11.20 | 11.23 | 11,425,400 |
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Companhia Siderrgica Trading Date Momentum on October 24, 2024
| On October 25 2024 Companhia Siderrgica Nacional was traded for 11.23 at the closing time. The highest price during the trading period was 11.40 and the lowest recorded bid was listed for 11.20 . The volume for the day was 11.4 M. This history from October 25, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.90% . The overall trading delta to the current price is 1.62% . |
Companhia Siderrgica Fundamentals Correlations and Trends
By evaluating Companhia Siderrgica'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 Siderrgica'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 Siderrgica Stock history
Companhia Siderrgica 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 Siderrgica 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 Siderrgica stock prices may prove useful in developing a viable investing in Companhia Siderrgica
Companhia Siderrgica Nacional operates as an integrated steel producer in Brazil and Latin America. Companhia Siderrgica Nacional was founded in 1941 and is headquartered in Itaim Bibi, Brazil. SID NACIONALON operates under Steel classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 23699 people.
Companhia Siderrgica Stock Technical Analysis
Companhia Siderrgica 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 Siderrgica Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Companhia Siderrgica Nacional cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
Companhia Siderrgica December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Companhia Siderrgica 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 Siderrgica shares will generate the highest return on investment. By undertsting and applying Companhia Siderrgica stock market strength indicators, traders can identify Companhia Siderrgica Nacional entry and exit signals to maximize returns
Companhia Siderrgica Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Companhia Siderrgica'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 | 0.012 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0478 |
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Additional Tools for Companhia Stock Analysis
When running Companhia Siderrgica's price analysis, check to measure Companhia Siderrgica'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 Siderrgica is operating at the current time. Most of Companhia Siderrgica's value examination focuses on studying past and present price action to predict the probability of Companhia Siderrgica'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 Siderrgica's price. Additionally, you may evaluate how the addition of Companhia Siderrgica to your portfolios can decrease your overall portfolio volatility.