Steel Authority (India) Price on October 3, 2024
| SAIL Stock | 115.53 2.06 1.75% |
Below is the normalized historical share price chart for Steel Authority of extending back to January 01, 1996. 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 Steel Authority stands at 115.53, as last reported on the 29th of December, with the highest price reaching 118.49 and the lowest price hitting 115.27 during the day.
If you're considering investing in Steel Stock, it is important to understand the factors that can impact its price. Steel Authority owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Steel Authority of exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Steel Authority's Variance of 4.46, coefficient of variation of (1,051), and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide.
Sale Purchase Of Stock is likely to gain to about 333.8 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 357.3 B in 2024. . Steel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 138.802 | 50 Day MA 118.2634 | Beta 1.66 |
Steel |
Sharpe Ratio = -0.1423
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SAIL |
Estimated Market Risk
| 2.1 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Steel Authority 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 Steel Authority by adding Steel Authority to a well-diversified portfolio.
Price Book 0.8286 | Enterprise Value Ebitda 7.7238 | Price Sales 0.4775 | Shares Float 1.4 B | Wall Street Target Price 113.1923 |
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Steel Authority Valuation on October 3, 2024
It is possible to determine the worth of Steel Authority on a given historical date. On October 3, 2024 Steel was worth 138.55 at the beginning of the trading date compared to the closed value of 137.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Steel Authority stock. Still, in general, we apply an absolute valuation method to find Steel Authority'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 Steel Authority where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Steel Authority's related companies.
| Open | High | Low | Close | Volume | |
| 141.39 | 142.12 | 137.89 | 141.03 | 24,528,692 | |
10/03/2024 | 138.55 | 141.65 | 136.15 | 137.03 | 35,238,488 |
| 136.55 | 140.60 | 134.14 | 139.01 | 31,868,893 |
| Backtest Steel Authority | | | Steel Authority History | | | Steel Authority Valuation | Previous | Next |
Steel Authority Trading Date Momentum on October 3, 2024
| On October 04 2024 Steel Authority of was traded for 139.01 at the closing time. The highest price during the trading period was 140.60 and the lowest recorded bid was listed for 134.14 . The volume for the day was 31.9 M. This history from October 4, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 1.44% . The trading price change to the current price is 0.90% . |
Steel Authority Fundamentals Correlations and Trends
By evaluating Steel Authority'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 Steel Authority's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Steel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Steel Authority Stock history
Steel Authority 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 Steel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Steel Authority 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 Steel Authority stock prices may prove useful in developing a viable investing in Steel Authority
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4.8 B | 4.5 B | |
| Net Income Applicable To Common Shares | 19.6 B | 18.6 B |
Steel Authority Stock Technical Analysis
Steel Authority 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
Steel Authority Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Steel Authority of 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.
Steel Authority December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Steel Authority stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Steel Authority shares will generate the highest return on investment. By undertsting and applying Steel Authority stock market strength indicators, traders can identify Steel Authority of entry and exit signals to maximize returns
Steel Authority Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Steel Authority's price direction in advance. Along with the technical and fundamental analysis of Steel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Steel 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 | (0.07) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (1.46) |
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Additional Tools for Steel Stock Analysis
When running Steel Authority's price analysis, check to measure Steel Authority'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 Steel Authority is operating at the current time. Most of Steel Authority's value examination focuses on studying past and present price action to predict the probability of Steel Authority's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Authority's price. Additionally, you may evaluate how the addition of Steel Authority to your portfolios can decrease your overall portfolio volatility.