Nucor Corp Stock Price on December 27, 2024
NUE Stock | USD 117.28 1.36 1.15% |
If you're considering investing in Nucor Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nucor Corp stands at 117.28, as last reported on the 30th of December, with the highest price reaching 120.31 and the lowest price hitting 116.73 during the day. Nucor Corp has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Nucor Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nucor Corp's Mean Deviation of 1.8, risk adjusted performance of (0.1), and Standard Deviation of 2.91 to check out the risk estimate we provide.
Nucor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nucor |
Sharpe Ratio = -0.1301
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Estimated Market Risk
2.91 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nucor Corp 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 Nucor Corp by adding Nucor Corp to a well-diversified portfolio.
Nucor Corp Valuation on December 27, 2024
It is possible to determine the worth of Nucor Corp on a given historical date. On December 27, 2024 Nucor was worth 118.09 at the beginning of the trading date compared to the closed value of 117.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nucor Corp stock. Still, in general, we apply an absolute valuation method to find Nucor Corp'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 Nucor Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nucor Corp's related companies.
Open | High | Low | Close | Volume | |
116.72 | 119.06 | 115.74 | 118.64 | 1,565,412 | |
12/27/2024 | 118.09 | 120.31 | 116.73 | 117.28 | 1,330,816 |
118.09 | 120.31 | 116.73 | 117.28 | 0.00 |
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Nucor Corp Trading Date Momentum on December 27, 2024
On December 30 2024 Nucor Corp was traded for 117.28 at the closing time. Highest Nucor Corp's price during the trading hours was 120.31 and the lowest price during the day was 116.73 . There was no trading activity during the period 0.0. Lack of trading volume on the 30th of December did not cause price change. The trading delta at closing time to current price is 0.69% . |
Nucor Corp Fundamentals Correlations and Trends
By evaluating Nucor Corp'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 Nucor Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nucor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nucor Corp Stock history
Nucor Corp 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 Nucor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nucor Corp 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 Nucor Corp stock prices may prove useful in developing a viable investing in Nucor Corp
Nucor Corporation manufactures and sells steel and steel products. Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina. Nucor Corp operates under Steel classification in the United States and is traded on New York Stock Exchange. It employs 28800 people.
Nucor Corp Stock Technical Analysis
Nucor Corp 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
Nucor Corp Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Nucor Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Nucor Corp December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Nucor Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nucor Corp shares will generate the highest return on investment. By undertsting and applying Nucor Corp stock market strength indicators, traders can identify Nucor Corp entry and exit signals to maximize returns
Nucor Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nucor Corp's price direction in advance. Along with the technical and fundamental analysis of Nucor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nucor 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 | (0.1) | |||
Jensen Alpha | (0.44) | |||
Total Risk Alpha | (0.47) | |||
Treynor Ratio | (0.17) |
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Complementary Tools for Nucor Stock analysis
When running Nucor Corp's price analysis, check to measure Nucor Corp'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 Nucor Corp is operating at the current time. Most of Nucor Corp's value examination focuses on studying past and present price action to predict the probability of Nucor Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nucor Corp's price. Additionally, you may evaluate how the addition of Nucor Corp to your portfolios can decrease your overall portfolio volatility.
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