PT Steel (Germany) Price on November 14, 2024
| S08 Stock | EUR 0.01 0 20.69% |
If you're considering investing in S08 Stock, it is important to understand the factors that can impact its price. As of today, the current price of PT Steel stands at 0.01, as last reported on the 9th of January, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. PT Steel Pipe retains Efficiency (Sharpe Ratio) of -0.0457, which implies the firm had a -0.0457% return per unit of price deviation over the last 3 months. PT Steel exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT Steel's information ratio of (0.05), and Market Risk Adjusted Performance of (1.04) to confirm the risk estimate we provide.
S08 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
S08 |
Sharpe Ratio = -0.0457
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| Negative Returns | S08 |
Estimated Market Risk
| 4.83 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PT 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 PT Steel by adding PT Steel to a well-diversified portfolio.
PT Steel Valuation on November 14, 2024
It is possible to determine the worth of PT Steel on a given historical date. On November 14, 2024 S08 was worth 0.0125 at the beginning of the trading date compared to the closed value of 0.0125. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PT Steel stock. Still, in general, we apply an absolute valuation method to find PT 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 PT Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PT Steel's related companies.
| Open | High | Low | Close | Volume | |
| 0.01 | 0.01 | 0.01 | 0.01 | 1.00 | |
11/14/2024 | 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
| 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
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PT Steel Trading Date Momentum on November 14, 2024
| On November 15 2024 PT Steel Pipe was traded for 0.01 at the closing time. The highest daily price throughout the period was 0.01 and the lowest price was 0.01 . There was no trading activity during the period 1.0. Lack of trading volume on 11/15/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 4.00% . The trading delta at closing time to current closing price is 0.00% . |
PT Steel Pipe Fundamentals Correlations and Trends
By evaluating PT 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 PT Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. S08 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PT Steel Stock history
PT 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 S08 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PT Steel Pipe 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 PT Steel stock prices may prove useful in developing a viable investing in PT Steel
PT Steel Pipe Industry of Indonesia Tbk manufactures and sells steel pipestubes and other related products in Indonesia. PT Steel Pipe Industry of Indonesia Tbk is a subsidiary of PT Cakra Bhakti Para Putra. STEEL PIPE operates under Steel classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1219 people.
PT Steel Stock Technical Analysis
PT 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
PT Steel Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
PT Steel Pipe cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
PT Steel January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how PT 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 PT Steel shares will generate the highest return on investment. By undertsting and applying PT Steel stock market strength indicators, traders can identify PT Steel Pipe entry and exit signals to maximize returns
PT Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PT Steel's price direction in advance. Along with the technical and fundamental analysis of S08 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of S08 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 | (0.03) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (1.05) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for S08 Stock analysis
When running PT Steel's price analysis, check to measure PT 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 PT Steel is operating at the current time. Most of PT Steel's value examination focuses on studying past and present price action to predict the probability of PT 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 PT Steel's price. Additionally, you may evaluate how the addition of PT Steel to your portfolios can decrease your overall portfolio volatility.
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