Swiss Steel (Switzerland) Price on October 22, 2024
| STLN Stock | CHF 1.50 0.07 4.46% |
If you're considering investing in Swiss Stock, it is important to understand the factors that can impact its price. As of today, the current price of Swiss Steel stands at 1.50, as last reported on the 1st of December, with the highest price reaching 1.85 and the lowest price hitting 1.49 during the day. Swiss Steel Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.39, which indicates the firm had a -0.39% return per unit of risk over the last 3 months. Swiss Steel Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Swiss Steel's Risk Adjusted Performance of (0.30), coefficient of variation of (251.34), and Variance of 17.8 to confirm the risk estimate we provide.
Swiss Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Swiss |
Sharpe Ratio = -0.3867
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Estimated Market Risk
| 4.22 actual daily | 37 63% of assets are more volatile |
Expected Return
| -1.63 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.39 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Swiss 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 Swiss Steel by adding Swiss Steel to a well-diversified portfolio.
Swiss Steel Valuation on October 22, 2024
It is possible to determine the worth of Swiss Steel on a given historical date. On October 22, 2024 Swiss was worth 3.22 at the beginning of the trading date compared to the closed value of 3.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Swiss Steel stock. Still, in general, we apply an absolute valuation method to find Swiss 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 Swiss Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Swiss Steel's related companies.
| Open | High | Low | Close | Volume | |
| 3.50 | 3.50 | 3.02 | 3.20 | 49,377 | |
10/22/2024 | 3.22 | 3.30 | 3.10 | 3.20 | 21,648 |
| 3.20 | 3.26 | 3.09 | 3.14 | 13,994 |
| Backtest Swiss Steel | | | Swiss Steel History | | | Swiss Steel Valuation | Previous | Next |
Swiss Steel Trading Date Momentum on October 22, 2024
| On October 23 2024 Swiss Steel Holding was traded for 3.14 at the closing time. The highest price during the trading period was 3.26 and the lowest recorded bid was listed for 3.09 . The volume for the day was 14 K. This history from October 23, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.88% . The trading price change to the current price is 2.19% . |
Swiss Steel Holding Fundamentals Correlations and Trends
By evaluating Swiss 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 Swiss Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Swiss financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Swiss Steel Stock history
Swiss 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 Swiss is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Swiss Steel Holding 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 Swiss Steel stock prices may prove useful in developing a viable investing in Swiss Steel
SCHMOLZ BICKENBACH AG manufactures stainless steel, engineering steel, tool steel, and other specialty products worldwide. The company was founded in 1919 and is headquartered in Lucerne, Switzerland. SCHMOLZBICKENBACH operates under Steel Production And Products classification in Switzerland and is traded on Switzerland Exchange. It employs 10460 people.
Swiss Steel Stock Technical Analysis
Swiss 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
Swiss Steel Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Swiss Steel Holding cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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.
Swiss Steel December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Swiss 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 Swiss Steel shares will generate the highest return on investment. By undertsting and applying Swiss Steel stock market strength indicators, traders can identify Swiss Steel Holding entry and exit signals to maximize returns
Swiss Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Swiss Steel's price direction in advance. Along with the technical and fundamental analysis of Swiss Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Swiss 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 | (0.30) | |||
| Jensen Alpha | (1.68) | |||
| Total Risk Alpha | (2.39) | |||
| Treynor Ratio | 28.67 |
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Additional Tools for Swiss Stock Analysis
When running Swiss Steel's price analysis, check to measure Swiss 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 Swiss Steel is operating at the current time. Most of Swiss Steel's value examination focuses on studying past and present price action to predict the probability of Swiss 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 Swiss Steel's price. Additionally, you may evaluate how the addition of Swiss Steel to your portfolios can decrease your overall portfolio volatility.