Nucor (Germany) Price on May 8, 2024

NUO Stock  EUR 110.22  1.76  1.57%   
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 stands at 110.22, as last reported on the 22nd of December, with the highest price reaching 110.22 and the lowest price hitting 110.22 during the day. Nucor has Sharpe Ratio of -0.0687, which conveys that the firm had a -0.0687% return per unit of risk over the last 3 months. Nucor exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nucor's Standard Deviation of 3.31, risk adjusted performance of (0.04), and Mean Deviation of 2.16 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.

Sharpe Ratio = -0.0687

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Estimated Market Risk

 3.31
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nucor 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 by adding Nucor to a well-diversified portfolio.

Nucor Valuation on May 8, 2024

It is possible to determine the worth of Nucor on a given historical date. On May 8, 2024 Nucor was worth 157.03 at the beginning of the trading date compared to the closed value of 154.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nucor stock. Still, in general, we apply an absolute valuation method to find Nucor'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nucor's related companies.
 Open High Low Close Volume
  156.14    156.14    156.14    156.14    1.00  
05/08/2024
  157.03    157.03    154.79    154.79    690.00  
  155.05    155.05    155.01    155.01    1.00  
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Open Value
157.03
147.10
Downside
154.79
Closing Value
166.96
Upside

Nucor Trading Date Momentum on May 8, 2024

On May 09 2024 Nucor was traded for  155.01  at the closing time. The highest daily price throughout the period was 155.05  and the lowest price was  155.01 . There was no trading activity during the period 1.0. Lack of trading volume on 05/09/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.14% . The trading delta at closing time to current closing price is 0.37% .

Nucor Fundamentals Correlations and Trends

By evaluating Nucor'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'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 Stock history

Nucor 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 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 stock prices may prove useful in developing a viable investing in Nucor
Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. The company was founded in 1940 and is based in Charlotte, North Carolina. NUCOR CORP operates under Steel classification in Germany and is traded on Frankfurt Stock Exchange. It employs 26300 people.

Nucor Stock Technical Analysis

Nucor 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.
A focus of Nucor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nucor trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nucor Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nucor 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.

Nucor December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Nucor 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 shares will generate the highest return on investment. By undertsting and applying Nucor stock market strength indicators, traders can identify Nucor entry and exit signals to maximize returns

Nucor Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nucor'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.

Complementary Tools for Nucor Stock analysis

When running Nucor's price analysis, check to measure Nucor'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 is operating at the current time. Most of Nucor's value examination focuses on studying past and present price action to predict the probability of Nucor'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's price. Additionally, you may evaluate how the addition of Nucor to your portfolios can decrease your overall portfolio volatility.
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