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.

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 PriceNovember 29, 202411.38
Lowest PriceOctober 23, 20249.89

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

When benchmark price declines in a down market, there may be an uptick in Metalurgica Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Metalurgica Gerdau intraday prices and daily technical indicators to check the level of noise trading in Metalurgica Stock and then apply it to test your longer-term investment strategies against Metalurgica.

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.
OpenHighLowCloseVolume
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.
A focus of Metalurgica Gerdau technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Metalurgica Gerdau trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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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.

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.