South32 (South Africa) Price on November 19, 2024
| S32 Stock | 3,828 28.00 0.73% |
If you're considering investing in South32 Stock, it is important to understand the factors that can impact its price. As of today, the current price of South32 stands at 3,828, as last reported on the 13th of December 2024, with the highest price reaching 3,962 and the lowest price hitting 3,802 during the day. At this point, South32 is very steady. South32 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0184, which indicates the firm had a 0.0184% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for South32, which you can use to evaluate the volatility of the company. Please validate South32's Risk Adjusted Performance of 0.059, coefficient of variation of 1385.2, and Semi Deviation of 1.82 to confirm if the risk estimate we provide is consistent with the expected return of 0.0393%.
South32 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
South32 |
Sharpe Ratio = 0.0184
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | S32 |
Estimated Market Risk
| 2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average South32 is performing at about 1% 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 South32 by adding it to a well-diversified portfolio.
South32 Valuation on November 19, 2024
It is possible to determine the worth of South32 on a given historical date. On November 19, 2024 South32 was worth 4277.0 at the beginning of the trading date compared to the closed value of 4281.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of South32 stock. Still, in general, we apply an absolute valuation method to find South32'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 South32 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against South32's related companies.
| Open | High | Low | Close | Volume | |
| 4,355 | 4,419 | 4,277 | 4,277 | 1,875,857 | |
11/19/2024 | 4,277 | 4,292 | 4,203 | 4,281 | 573,235 |
| 4,280 | 4,410 | 4,265 | 4,361 | 149,695 |
| Backtest South32 | | | South32 History | | | South32 Valuation | Previous | Next |
South32 Trading Date Momentum on November 19, 2024
| On November 20 2024 South32 was traded for 4,361 at the closing time. The highest price during the trading period was 4,410 and the lowest recorded bid was listed for 4,265 . The volume for the day was 149.7 K. This history from November 20, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 1.87% . The trading price change to the current price is 0.77% . |
South32 Fundamentals Correlations and Trends
By evaluating South32'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 South32's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. South32 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About South32 Stock history
South32 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 South32 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in South32 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 South32 stock prices may prove useful in developing a viable investing in South32
South32 Stock Technical Analysis
South32 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
South32 Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
South32 cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
South32 December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how South32 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading South32 shares will generate the highest return on investment. By undertsting and applying South32 stock market strength indicators, traders can identify South32 entry and exit signals to maximize returns
South32 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for South32's price direction in advance. Along with the technical and fundamental analysis of South32 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of South32 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 | 0.059 | |||
| Jensen Alpha | 0.1163 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0295 | |||
| Treynor Ratio | 0.4239 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for South32 Stock analysis
When running South32's price analysis, check to measure South32'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 South32 is operating at the current time. Most of South32's value examination focuses on studying past and present price action to predict the probability of South32's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move South32's price. Additionally, you may evaluate how the addition of South32 to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |