Metalurgica Gerdau (Brazil) Price History
GOAU3 Stock | BRL 11.38 0.15 1.34% |
If you're considering investing in Metalurgica Stock, it is important to understand the factors that can impact its price. As of today, the current price of Metalurgica Gerdau stands at 11.38, as last reported on the 29th of November, with the highest price reaching 11.39 and the lowest price hitting 11.00 during the day. Currently, Metalurgica Gerdau SA is not too volatile. Metalurgica Gerdau has Sharpe Ratio of 0.0643, which conveys that the firm had a 0.0643% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Metalurgica Gerdau, which you can use to evaluate the volatility of the firm. Please verify Metalurgica Gerdau's Mean Deviation of 1.08, risk adjusted performance of 0.0573, and Downside Deviation of 1.3 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Metalurgica Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Metalurgica |
Sharpe Ratio = 0.0643
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Estimated Market Risk
1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Metalurgica Gerdau is performing at about 5% 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 Metalurgica Gerdau by adding it to a well-diversified portfolio.
Metalurgica Gerdau Stock Price History Chart
There are several ways to analyze Metalurgica Stock price data. The simplest method is using a basic Metalurgica candlestick price chart, which shows Metalurgica Gerdau price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | November 29, 2024 | 11.38 |
Lowest Price | October 23, 2024 | 9.89 |
Metalurgica Gerdau November 29, 2024 Stock Price Synopsis
Various analyses of Metalurgica Gerdau's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Metalurgica Stock. It can be used to describe the percentage change in the price of Metalurgica Gerdau from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Metalurgica Stock.Metalurgica Gerdau Price Daily Balance Of Power | 0.38 | |
Metalurgica Gerdau Price Action Indicator | 0.26 | |
Metalurgica Gerdau Price Rate Of Daily Change | 1.01 | |
Metalurgica Gerdau Accumulation Distribution | 2,274 |
Metalurgica Gerdau November 29, 2024 Stock Price Analysis
Metalurgica Stock Price History Data
The price series of Metalurgica Gerdau for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 1.34 with a coefficient of variation of 3.34. Under current investment horizon, the daily prices are spread out with arithmetic mean of 10.49. The median price for the last 90 days is 10.54. The company completed 2:1 stock split on 13th of June 2008. Metalurgica Gerdau completed dividends distribution on 2022-11-22.Open | High | Low | Close | Volume | ||
11/29/2024 | 11.00 | 11.39 | 11.00 | 11.38 | 66,400 | |
11/28/2024 | 11.11 | 11.46 | 11.09 | 11.23 | 301,900 | |
11/27/2024 | 11.07 | 11.23 | 11.05 | 11.21 | 66,900 | |
11/26/2024 | 11.18 | 11.20 | 11.02 | 11.13 | 54,700 | |
11/25/2024 | 10.84 | 11.19 | 10.84 | 11.18 | 148,200 | |
11/22/2024 | 10.90 | 10.97 | 10.80 | 10.96 | 61,200 | |
11/21/2024 | 10.71 | 10.90 | 10.53 | 10.90 | 142,800 | |
11/19/2024 | 10.88 | 10.95 | 10.50 | 10.93 | 437,700 | |
11/18/2024 | 10.53 | 11.12 | 10.52 | 11.09 | 430,500 | |
11/14/2024 | 10.46 | 10.55 | 10.35 | 10.39 | 42,900 | |
11/13/2024 | 10.35 | 10.56 | 10.13 | 10.47 | 61,700 | |
11/12/2024 | 10.75 | 10.75 | 10.33 | 10.35 | 63,600 | |
11/11/2024 | 10.87 | 10.93 | 10.36 | 10.78 | 129,500 | |
11/08/2024 | 10.87 | 10.95 | 10.67 | 10.82 | 70,400 | |
11/07/2024 | 10.67 | 11.00 | 10.63 | 10.96 | 111,200 | |
11/06/2024 | 10.08 | 10.77 | 10.08 | 10.75 | 184,200 | |
11/05/2024 | 10.04 | 10.12 | 10.04 | 10.11 | 31,900 | |
11/04/2024 | 10.00 | 10.09 | 9.97 | 10.04 | 38,000 | |
11/01/2024 | 10.01 | 10.04 | 9.89 | 9.89 | 51,200 | |
10/31/2024 | 10.06 | 10.10 | 9.88 | 10.05 | 26,200 | |
10/30/2024 | 9.94 | 10.08 | 9.94 | 10.05 | 16,200 | |
10/29/2024 | 10.06 | 10.06 | 9.89 | 9.89 | 41,900 | |
10/28/2024 | 9.94 | 10.05 | 9.92 | 10.00 | 36,800 | |
10/25/2024 | 9.94 | 10.02 | 9.87 | 9.94 | 50,800 | |
10/24/2024 | 9.93 | 9.96 | 9.83 | 9.95 | 49,700 | |
10/23/2024 | 10.02 | 10.02 | 9.89 | 9.89 | 38,300 | |
10/22/2024 | 10.09 | 10.09 | 9.98 | 10.03 | 35,600 | |
10/21/2024 | 10.09 | 10.16 | 9.97 | 10.09 | 25,000 | |
10/18/2024 | 10.17 | 10.21 | 10.06 | 10.11 | 63,400 | |
10/17/2024 | 10.15 | 10.15 | 9.97 | 10.13 | 72,400 | |
10/16/2024 | 10.17 | 10.18 | 10.10 | 10.14 | 28,900 | |
10/15/2024 | 10.18 | 10.23 | 10.05 | 10.16 | 89,000 | |
10/14/2024 | 10.16 | 10.23 | 10.00 | 10.23 | 62,100 | |
10/11/2024 | 10.42 | 10.42 | 10.13 | 10.16 | 50,000 | |
10/10/2024 | 10.33 | 10.37 | 10.24 | 10.37 | 14,700 | |
10/09/2024 | 10.29 | 10.34 | 10.24 | 10.33 | 25,500 | |
10/08/2024 | 10.26 | 10.31 | 10.18 | 10.30 | 50,900 | |
10/07/2024 | 10.36 | 10.38 | 10.24 | 10.28 | 149,700 | |
10/04/2024 | 10.32 | 10.43 | 10.28 | 10.36 | 92,300 | |
10/03/2024 | 10.70 | 10.70 | 10.26 | 10.32 | 180,700 | |
10/02/2024 | 10.55 | 10.77 | 10.55 | 10.60 | 82,500 | |
10/01/2024 | 10.72 | 10.74 | 10.50 | 10.54 | 65,200 | |
09/30/2024 | 10.66 | 10.80 | 10.58 | 10.61 | 22,500 | |
09/27/2024 | 10.72 | 10.85 | 10.53 | 10.63 | 99,000 | |
09/26/2024 | 10.57 | 10.84 | 10.57 | 10.69 | 57,500 | |
09/25/2024 | 10.75 | 10.77 | 10.46 | 10.51 | 402,300 | |
09/24/2024 | 10.43 | 10.77 | 10.43 | 10.71 | 32,300 | |
09/23/2024 | 10.56 | 10.56 | 10.24 | 10.34 | 53,100 | |
09/20/2024 | 10.70 | 10.70 | 10.39 | 10.56 | 39,000 | |
09/19/2024 | 10.67 | 10.87 | 10.67 | 10.70 | 15,900 | |
09/18/2024 | 10.70 | 10.79 | 10.64 | 10.67 | 18,700 | |
09/17/2024 | 10.57 | 10.75 | 10.56 | 10.74 | 24,900 | |
09/16/2024 | 10.75 | 10.85 | 10.63 | 10.71 | 27,100 | |
09/13/2024 | 10.75 | 10.83 | 10.68 | 10.75 | 22,600 | |
09/12/2024 | 10.78 | 10.78 | 10.67 | 10.73 | 35,500 | |
09/11/2024 | 10.69 | 10.84 | 10.63 | 10.78 | 13,600 | |
09/10/2024 | 10.68 | 10.72 | 10.55 | 10.72 | 35,200 | |
09/09/2024 | 10.60 | 10.86 | 10.60 | 10.67 | 43,100 | |
09/06/2024 | 10.62 | 10.71 | 10.50 | 10.60 | 23,500 | |
09/05/2024 | 10.62 | 10.72 | 10.57 | 10.63 | 13,800 | |
09/04/2024 | 10.31 | 10.66 | 10.31 | 10.62 | 38,800 |
About Metalurgica Gerdau Stock history
Metalurgica Gerdau 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 Metalurgica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metalurgica Gerdau 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 Metalurgica Gerdau stock prices may prove useful in developing a viable investing in Metalurgica Gerdau
Metalurgica Gerdau S.A., together with its subsidiaries, engages in the production and sale of long and flat steel bars. The company was founded in 1901 and is headquartered in Porto Alegre, Brazil. GERDAU MET operates under Steel classification in Brazil and is traded on Sao Paolo Stock Exchange.
Metalurgica Gerdau Stock Technical Analysis
Metalurgica Gerdau 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.
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Metalurgica Gerdau Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metalurgica Gerdau's price direction in advance. Along with the technical and fundamental analysis of Metalurgica Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metalurgica 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 | 0.0573 | |||
Jensen Alpha | 0.1247 | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | (0.53) |
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Volume Indicators |
Additional Tools for Metalurgica Stock Analysis
When running Metalurgica Gerdau's price analysis, check to measure Metalurgica Gerdau'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 Metalurgica Gerdau is operating at the current time. Most of Metalurgica Gerdau's value examination focuses on studying past and present price action to predict the probability of Metalurgica Gerdau's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalurgica Gerdau's price. Additionally, you may evaluate how the addition of Metalurgica Gerdau to your portfolios can decrease your overall portfolio volatility.