STMicroelectronics (Brazil) Price on November 29, 2024
| STMN34 Stock | 159.68 1.88 1.19% |
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 159.68, as last reported on the 11th of December 2024, with the highest price reaching 159.68 and the lowest price hitting 159.68 during the day. At this point, STMicroelectronics is very steady. STMicroelectronics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0168, which indicates the firm had a 0.0168% return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for STMicroelectronics NV, which you can use to evaluate the volatility of the company. Please validate STMicroelectronics' risk adjusted performance of (0.02), and Variance of 3.63 to confirm if the risk estimate we provide is consistent with the expected return of 0.0309%.
STMicroelectronics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
STMicroelectronics |
Sharpe Ratio = 0.0168
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| Negative Returns | STMN34 |
Estimated Market Risk
| 1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average STMicroelectronics is performing at about 1% of its full potential. 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 it to a well-diversified portfolio.
STMicroelectronics Valuation on November 29, 2024
It is possible to determine the worth of STMicroelectronics on a given historical date. On November 29, 2024 STMicroelectronics was worth 150.09 at the beginning of the trading date compared to the closed value of 150.09. 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 | |
| 150.45 | 150.45 | 150.09 | 150.09 | 50.00 | |
11/29/2024 | 150.09 | 150.09 | 150.09 | 150.09 | 1.00 |
| 157.80 | 157.80 | 157.80 | 157.80 | 40.00 |
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STMicroelectronics Trading Date Momentum on November 29, 2024
| On December 02 2024 STMicroelectronics NV was traded for 157.80 at the closing time. The highest price during the trading period was 157.80 and the lowest recorded bid was listed for 157.80 . The volume for the day was 40.0. This history from December 2, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 5.14% . The trading price change to the current price is 6.39% . |
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 11, 2024
| High |
0.00 | 0.00 |
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STMicroelectronics December 11, 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 | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 0.3325 |
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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.
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