Bluescope Steel Ltd Stock Price on September 30, 2024
BLSFY Stock | USD 61.68 1.49 2.48% |
If you're considering investing in BlueScope Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of BlueScope Steel stands at 61.68, as last reported on the 27th of December, with the highest price reaching 61.68 and the lowest price hitting 61.68 during the day. BlueScope Steel secures Sharpe Ratio (or Efficiency) of -3.0E-4, which signifies that the company had a -3.0E-4% return per unit of risk over the last 3 months. BlueScope Steel Ltd exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BlueScope Steel's Risk Adjusted Performance of 0.0077, mean deviation of 2.0, and Standard Deviation of 3.83 to double-check the risk estimate we provide.
BlueScope Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
BlueScope |
Sharpe Ratio = -3.0E-4
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Estimated Market Risk
3.92 actual daily | 34 66% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BlueScope Steel 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 BlueScope Steel by adding BlueScope Steel to a well-diversified portfolio.
BlueScope Steel Valuation on September 30, 2024
It is possible to determine the worth of BlueScope Steel on a given historical date. On September 30, 2024 BlueScope was worth 64.64 at the beginning of the trading date compared to the closed value of 64.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BlueScope Steel pink sheet. Still, in general, we apply an absolute valuation method to find BlueScope 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 BlueScope Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BlueScope Steel's related companies.
Open | High | Low | Close | Volume | |
64.64 | 64.64 | 64.64 | 64.64 | 1.00 | |
09/30/2024 | 64.64 | 64.64 | 64.64 | 64.64 | 1.00 |
73.89 | 74.82 | 73.89 | 74.82 | 9,023 |
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BlueScope Steel Trading Date Momentum on September 30, 2024
On October 01 2024 BlueScope Steel Ltd was traded for 74.82 at the closing time. The highest daily price throughout the period was 74.82 and the lowest price was 73.89 . The daily volume was 9 K. The net trading volume on 10/01/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 15.75% . The overall trading delta to current closing price is 18.56% . |
BlueScope Steel Fundamentals Correlations and Trends
By evaluating BlueScope 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 BlueScope Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BlueScope financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BlueScope Steel Pink Sheet history
BlueScope 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 BlueScope is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BlueScope Steel 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 BlueScope Steel stock prices may prove useful in developing a viable investing in BlueScope Steel
BlueScope Steel Limited produces and sells metal coated and painted steel building products in Australia, New Zealand, Asia, North America, and internationally. BlueScope Steel Limited was founded in 1885 and is headquartered in Melbourne, Australia. Bluescope Steel operates under Steel classification in the United States and is traded on OTC Exchange. It employs 15000 people.
BlueScope Steel Pink Sheet Technical Analysis
BlueScope Steel technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
BlueScope Steel Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
BlueScope Steel Ltd cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
BlueScope Steel December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how BlueScope Steel pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BlueScope Steel shares will generate the highest return on investment. By undertsting and applying BlueScope Steel pink sheet market strength indicators, traders can identify BlueScope Steel Ltd entry and exit signals to maximize returns
BlueScope Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BlueScope Steel's price direction in advance. Along with the technical and fundamental analysis of BlueScope Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of BlueScope 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 | 0.0077 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | (0.06) |
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Additional Tools for BlueScope Pink Sheet Analysis
When running BlueScope Steel's price analysis, check to measure BlueScope 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 BlueScope Steel is operating at the current time. Most of BlueScope Steel's value examination focuses on studying past and present price action to predict the probability of BlueScope 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 BlueScope Steel's price. Additionally, you may evaluate how the addition of BlueScope Steel to your portfolios can decrease your overall portfolio volatility.