STEEL EXCHANGE (India) Price on December 17, 2024
| STEELXIND | 10.55 0.13 1.22% |
Below is the normalized historical share price chart for STEEL EXCHANGE INDIA extending back to July 20, 2017. 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 STEEL EXCHANGE stands at 10.55, as last reported on the 25th of December, with the highest price reaching 10.84 and the lowest price hitting 10.51 during the day.
If you're considering investing in STEEL Stock, it is important to understand the factors that can impact its price. STEEL EXCHANGE INDIA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of volatility over the last 3 months. STEEL EXCHANGE INDIA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate STEEL EXCHANGE's variance of 4.2, and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide.
As of now, STEEL EXCHANGE's Total Stockholder Equity is increasing as compared to previous years. The STEEL EXCHANGE's current Liabilities And Stockholders Equity is estimated to increase to about 13 B, while Common Stock Shares Outstanding is projected to decrease to under 725.8 M. . STEEL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 12.9134 | 50 Day MA 10.9572 | Beta 1.159 |
STEEL |
Sharpe Ratio = -0.1448
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| Negative Returns | STEELXIND |
Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average STEEL EXCHANGE 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 STEEL EXCHANGE by adding STEEL EXCHANGE to a well-diversified portfolio.
Price Book 1.9026 | Book Value 4.935 | Enterprise Value 16.2 B | Enterprise Value Ebitda 15.5509 | Price Sales 1.1606 |
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STEEL EXCHANGE Valuation on December 17, 2024
It is possible to determine the worth of STEEL EXCHANGE on a given historical date. On December 17, 2024 STEEL was worth 11.18 at the beginning of the trading date compared to the closed value of 11.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of STEEL EXCHANGE stock. Still, in general, we apply an absolute valuation method to find STEEL EXCHANGE'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 STEEL EXCHANGE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against STEEL EXCHANGE's related companies.
| Open | High | Low | Close | Volume | |
| 11.24 | 11.25 | 11.04 | 11.14 | 748,322 | |
12/17/2024 | 11.18 | 11.19 | 11.01 | 11.07 | 552,973 |
| 11.09 | 11.09 | 10.80 | 10.82 | 849,336 |
| Backtest STEEL EXCHANGE | | | STEEL EXCHANGE History | | | STEEL EXCHANGE Valuation | Previous | Next |
STEEL EXCHANGE Trading Date Momentum on December 17, 2024
| On December 18 2024 STEEL EXCHANGE INDIA was traded for 10.82 at the closing time. The highest price during the trading period was 11.09 and the lowest recorded bid was listed for 10.80 . The volume for the day was 849.3 K. This history from December 18, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.26% . The trading price change to the current price is 2.53% . |
STEEL EXCHANGE INDIA Fundamentals Correlations and Trends
By evaluating STEEL EXCHANGE'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 STEEL EXCHANGE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. STEEL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About STEEL EXCHANGE Stock history
STEEL EXCHANGE 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 STEEL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in STEEL EXCHANGE INDIA 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 STEEL EXCHANGE stock prices may prove useful in developing a viable investing in STEEL EXCHANGE
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.2 B | 725.8 M | |
| Net Loss | -676.8 M | -642.9 M |
STEEL EXCHANGE Stock Technical Analysis
STEEL EXCHANGE 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
STEEL EXCHANGE Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
STEEL EXCHANGE INDIA cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
STEEL EXCHANGE December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how STEEL EXCHANGE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading STEEL EXCHANGE shares will generate the highest return on investment. By undertsting and applying STEEL EXCHANGE stock market strength indicators, traders can identify STEEL EXCHANGE INDIA entry and exit signals to maximize returns
STEEL EXCHANGE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for STEEL EXCHANGE's price direction in advance. Along with the technical and fundamental analysis of STEEL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of STEEL 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 | (0.30) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.60) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for STEEL Stock analysis
When running STEEL EXCHANGE's price analysis, check to measure STEEL EXCHANGE'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 STEEL EXCHANGE is operating at the current time. Most of STEEL EXCHANGE's value examination focuses on studying past and present price action to predict the probability of STEEL EXCHANGE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STEEL EXCHANGE's price. Additionally, you may evaluate how the addition of STEEL EXCHANGE to your portfolios can decrease your overall portfolio volatility.
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