Bisalloy Steel (Australia) Price on November 11, 2024
| BIS Stock | 4.54 0.11 2.48% |
Below is the normalized historical share price chart for Bisalloy Steel Group extending back to June 20, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bisalloy Steel stands at 4.54, as last reported on the 30th of December, with the highest price reaching 4.55 and the lowest price hitting 4.42 during the day.
If you're considering investing in Bisalloy Stock, it is important to understand the factors that can impact its price. Bisalloy Steel appears to be unstable, given 3 months investment horizon. Bisalloy Steel Group secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. By analyzing Bisalloy Steel's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of Bisalloy Steel's Risk Adjusted Performance of 0.1133, downside deviation of 2.74, and Mean Deviation of 2.58 to double-check if our risk estimates are consistent with your expectations.
At this time, Bisalloy Steel's Common Stock Total Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 19.6 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 89.6 M in 2024. . Bisalloy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.6845 | 50 Day MA 3.7464 | Beta 0.219 |
Bisalloy |
Sharpe Ratio = 0.1454
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Estimated Market Risk
| 4.01 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Bisalloy Steel is performing at about 11% 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 Bisalloy Steel by adding it to a well-diversified portfolio.
Price Book 2.9857 | Enterprise Value Ebitda 8.174 | Price Sales 1.4228 | Shares Float 31.6 M | Dividend Share 0.195 |
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Bisalloy Steel Valuation on November 11, 2024
It is possible to determine the worth of Bisalloy Steel on a given historical date. On November 11, 2024 Bisalloy was worth 3.71 at the beginning of the trading date compared to the closed value of 3.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bisalloy Steel stock. Still, in general, we apply an absolute valuation method to find Bisalloy 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 Bisalloy Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bisalloy Steel's related companies.
| Open | High | Low | Close | Volume | |
| 3.10 | 3.78 | 3.10 | 3.71 | 538,871 | |
11/11/2024 | 3.71 | 3.75 | 3.42 | 3.45 | 148,982 |
| 3.45 | 3.49 | 3.36 | 3.45 | 68,701 |
| Backtest Bisalloy Steel | | | Bisalloy Steel History | | | Bisalloy Steel Valuation | Previous | Next |
Bisalloy Steel Trading Date Momentum on November 11, 2024
| On November 12 2024 Bisalloy Steel Group was traded for 3.45 at the closing time. The maximum traded price for the trading interval was 3.49 and the lowest daily price was 3.36 . The daily volume was recorded at 68.7 K. The volume of trading on 12th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 15.94% . |
Bisalloy Steel Group Fundamentals Correlations and Trends
By evaluating Bisalloy 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 Bisalloy Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bisalloy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bisalloy Steel Stock history
Bisalloy 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 Bisalloy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bisalloy Steel Group 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 Bisalloy Steel stock prices may prove useful in developing a viable investing in Bisalloy Steel
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 48.4 M | 40.4 M | |
| Net Income Applicable To Common Shares | 11.5 M | 12.1 M |
Bisalloy Steel Quarterly Net Working Capital |
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Bisalloy Steel Stock Technical Analysis
Bisalloy 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
Bisalloy Steel Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Bisalloy Steel Group cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Bisalloy Steel December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Bisalloy 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 Bisalloy Steel shares will generate the highest return on investment. By undertsting and applying Bisalloy Steel stock market strength indicators, traders can identify Bisalloy Steel Group entry and exit signals to maximize returns
Bisalloy Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bisalloy Steel's price direction in advance. Along with the technical and fundamental analysis of Bisalloy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bisalloy 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 | 0.1133 | |||
| Jensen Alpha | 0.5185 | |||
| Total Risk Alpha | 0.4007 | |||
| Sortino Ratio | 0.1781 | |||
| Treynor Ratio | (1.39) |
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Additional Tools for Bisalloy Stock Analysis
When running Bisalloy Steel's price analysis, check to measure Bisalloy 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 Bisalloy Steel is operating at the current time. Most of Bisalloy Steel's value examination focuses on studying past and present price action to predict the probability of Bisalloy 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 Bisalloy Steel's price. Additionally, you may evaluate how the addition of Bisalloy Steel to your portfolios can decrease your overall portfolio volatility.