Steelcast (India) Price on August 14, 2024

STEELCAS   912.70  86.75  10.50%   
If you're considering investing in Steelcast Stock, it is important to understand the factors that can impact its price. As of today, the current price of Steelcast stands at 912.70, as last reported on the 11th of December 2024, with the highest price reaching 920.00 and the lowest price hitting 864.05 during the day. Steelcast appears to be very steady, given 3 months investment horizon. Steelcast Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Steelcast Limited, which you can use to evaluate the volatility of the company. Please review Steelcast's Coefficient Of Variation of 835.98, semi deviation of 2.05, and Risk Adjusted Performance of 0.0938 to confirm if our risk estimates are consistent with your expectations.
  
At present, Steelcast's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 355.3 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 19.8 M. . Steelcast Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.125

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsSTEELCAS
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.8
  actual daily
24
76% of assets are more volatile

Expected Return

 0.35
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
9
91% of assets perform better
Based on monthly moving average Steelcast is performing at about 9% 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 Steelcast by adding it to a well-diversified portfolio.
Price Book
5.8332
Book Value
133.209
Enterprise Value
16.1 B
Enterprise Value Ebitda
16.2121
Price Sales
4.9569

Steelcast Valuation on August 14, 2024

It is possible to determine the worth of Steelcast on a given historical date. On August 14, 2024 Steelcast was worth 638.55 at the beginning of the trading date compared to the closed value of 642.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Steelcast stock. Still, in general, we apply an absolute valuation method to find Steelcast'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 Steelcast where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Steelcast's related companies.
 Open High Low Close Volume
  650.90    659.31    634.51    642.38    13,247  
08/14/2024
  638.55    654.68    627.54    642.18    16,105  
  648.58    653.12    624.03    638.30    18,295  
Backtest Steelcast  |  Steelcast History  |  Steelcast Valuation   PreviousNext  
Open Value
638.55
630.15
Downside
642.18
Closing Value
646.95
Upside

Steelcast Trading Date Momentum on August 14, 2024

On August 16 2024 Steelcast Limited was traded for  638.30  at the closing time. The highest price during the trading period was 653.12  and the lowest recorded bid was listed for  624.03 . The volume for the day was 18.3 K. This history from August 16, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.60% . The trading price change to the current price is 1.66% .

Steelcast Limited Fundamentals Correlations and Trends

By evaluating Steelcast'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 Steelcast's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Steelcast financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Steelcast Stock history

Steelcast 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 Steelcast is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Steelcast 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 Steelcast stock prices may prove useful in developing a viable investing in Steelcast
Last ReportedProjected for Next Year
Common Stock Shares Outstanding23.3 M19.8 M
Net Income Applicable To Common Shares382.6 M218 M

Steelcast Quarterly Net Working Capital

1.21 Billion

Steelcast Stock Technical Analysis

Steelcast 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.
A focus of Steelcast technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Steelcast trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Steelcast Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Steelcast 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.

Steelcast December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Steelcast stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Steelcast shares will generate the highest return on investment. By undertsting and applying Steelcast stock market strength indicators, traders can identify Steelcast Limited entry and exit signals to maximize returns

Steelcast Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Steelcast's price direction in advance. Along with the technical and fundamental analysis of Steelcast Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Steelcast 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.

Complementary Tools for Steelcast Stock analysis

When running Steelcast's price analysis, check to measure Steelcast'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 Steelcast is operating at the current time. Most of Steelcast's value examination focuses on studying past and present price action to predict the probability of Steelcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcast's price. Additionally, you may evaluate how the addition of Steelcast to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Bonds Directory
Find actively traded corporate debentures issued by US companies