JSW Steel (India) Price on December 3, 2024
JSWSTEEL | 921.85 15.20 1.62% |
If you're considering investing in JSW Stock, it is important to understand the factors that can impact its price. As of today, the current price of JSW Steel stands at 921.85, as last reported on the 25th of December, with the highest price reaching 921.85 and the lowest price hitting 921.85 during the day. JSW Steel Limited holds Efficiency (Sharpe) Ratio of -0.0855, which attests that the entity had a -0.0855% return per unit of standard deviation over the last 3 months. JSW Steel Limited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JSW Steel's market risk adjusted performance of (0.25), and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide.
JSW Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
JSW |
Sharpe Ratio = -0.0855
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Estimated Market Risk
1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average JSW 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 JSW Steel by adding JSW Steel to a well-diversified portfolio.
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JSW Steel Valuation on December 3, 2024
It is possible to determine the worth of JSW Steel on a given historical date. On December 3, 2024 JSW was worth 995.0 at the beginning of the trading date compared to the closed value of 998.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JSW Steel stock. Still, in general, we apply an absolute valuation method to find JSW 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 JSW Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JSW Steel's related companies.
Open | High | Low | Close | Volume | |
965.90 | 991.55 | 961.75 | 989.80 | 1,272,868 | |
12/03/2024 | 995.00 | 1,016 | 991.05 | 998.80 | 2,118,830 |
996.10 | 1,003 | 985.35 | 994.85 | 1,030,877 |
Backtest JSW Steel | | | JSW Steel History | | | JSW Steel Valuation | Previous | Next |
JSW Steel Trading Date Momentum on December 3, 2024
On December 04 2024 JSW Steel Limited was traded for 994.85 at the closing time. The highest price during the trading period was 1,003 and the lowest recorded bid was listed for 985.35 . The volume for the day was 1 M. This history from December 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.40% . The trading delta at closing time to the current price is 0.38% . |
JSW Steel Limited Fundamentals Correlations and Trends
By evaluating JSW 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 JSW Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. JSW financial account trend analysis is a perfect complement when working with valuation or volatility modules.About JSW Steel Stock history
JSW 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 JSW is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JSW Steel Limited 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 JSW Steel stock prices may prove useful in developing a viable investing in JSW Steel
JSW Steel Stock Technical Analysis
JSW 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
JSW Steel Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
JSW Steel Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
JSW Steel December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how JSW 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 JSW Steel shares will generate the highest return on investment. By undertsting and applying JSW Steel stock market strength indicators, traders can identify JSW Steel Limited entry and exit signals to maximize returns
JSW Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JSW Steel's price direction in advance. Along with the technical and fundamental analysis of JSW Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JSW 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 | (0.06) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | (0.26) |
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Volume Indicators |
Complementary Tools for JSW Stock analysis
When running JSW Steel's price analysis, check to measure JSW 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 JSW Steel is operating at the current time. Most of JSW Steel's value examination focuses on studying past and present price action to predict the probability of JSW 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 JSW Steel's price. Additionally, you may evaluate how the addition of JSW Steel to your portfolios can decrease your overall portfolio volatility.
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