STMicroelectronics (Brazil) Price on September 27, 2024
STMN34 Stock | 157.80 7.71 5.14% |
If you're considering investing in STMicroelectronics Stock, it is important to understand the factors that can impact its price. As of today, the current price of STMicroelectronics stands at 157.80, as last reported on the 3rd of December, with the highest price reaching 157.80 and the lowest price hitting 157.80 during the day. STMicroelectronics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0422, which indicates the firm had a -0.0422% return per unit of standard deviation over the last 3 months. STMicroelectronics NV exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate STMicroelectronics' risk adjusted performance of (0.04), and Variance of 3.73 to confirm the risk estimate we provide.
STMicroelectronics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
STMicroelectronics |
Sharpe Ratio = -0.0422
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | STMN34 |
Estimated Market Risk
1.94 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average STMicroelectronics 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 STMicroelectronics by adding STMicroelectronics to a well-diversified portfolio.
STMicroelectronics Valuation on September 27, 2024
It is possible to determine the worth of STMicroelectronics on a given historical date. On September 27, 2024 STMicroelectronics was worth 151.84 at the beginning of the trading date compared to the closed value of 151.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of STMicroelectronics stock. Still, in general, we apply an absolute valuation method to find STMicroelectronics' 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 STMicroelectronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against STMicroelectronics' related companies.
Open | High | Low | Close | Volume | |
151.84 | 151.84 | 151.84 | 151.84 | 1.00 | |
09/27/2024 | 151.84 | 151.84 | 151.84 | 151.84 | 1.00 |
160.56 | 161.00 | 160.56 | 160.81 | 216.00 |
Backtest STMicroelectronics | | | STMicroelectronics History | | | STMicroelectronics Valuation | Previous | Next |
STMicroelectronics Trading Date Momentum on September 27, 2024
On September 30 2024 STMicroelectronics NV was traded for 160.81 at the closing time. The highest price during the trading period was 161.00 and the lowest recorded bid was listed for 160.56 . The volume for the day was 216. This history from September 30, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 5.91% . The trading price change to the current price is 1.06% . |
STMicroelectronics Fundamentals Correlations and Trends
By evaluating STMicroelectronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among STMicroelectronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. STMicroelectronics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About STMicroelectronics Stock history
STMicroelectronics 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 STMicroelectronics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in STMicroelectronics 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 STMicroelectronics stock prices may prove useful in developing a viable investing in STMicroelectronics
STMicroelectronics Stock Technical Analysis
STMicroelectronics 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
STMicroelectronics Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
STMicroelectronics NV 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.
STMicroelectronics December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how STMicroelectronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading STMicroelectronics shares will generate the highest return on investment. By undertsting and applying STMicroelectronics stock market strength indicators, traders can identify STMicroelectronics NV entry and exit signals to maximize returns
STMicroelectronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for STMicroelectronics' price direction in advance. Along with the technical and fundamental analysis of STMicroelectronics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of STMicroelectronics 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 | (0.04) | |||
Jensen Alpha | (0.1) | |||
Total Risk Alpha | (0.42) | |||
Treynor Ratio | 0.4378 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for STMicroelectronics Stock analysis
When running STMicroelectronics' price analysis, check to measure STMicroelectronics' 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 STMicroelectronics is operating at the current time. Most of STMicroelectronics' value examination focuses on studying past and present price action to predict the probability of STMicroelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STMicroelectronics' price. Additionally, you may evaluate how the addition of STMicroelectronics to your portfolios can decrease your overall portfolio volatility.
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Stocks Directory Find actively traded stocks across global markets | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |