Steel Dynamics Stock Price on January 18, 2023

STLD Stock  USD 126.37  4.13  3.16%   
Below is the normalized historical share price chart for Steel Dynamics extending back to November 22, 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 Dynamics stands at 126.37, as last reported on the 4th of March, with the highest price reaching 129.31 and the lowest price hitting 124.00 during the day.
IPO Date
21st of November 1996
200 Day MA
127.5409
50 Day MA
124.9668
Beta
1.353
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Steel Stock, it is important to understand the factors that can impact its price. Steel Dynamics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0755, which indicates the firm had a -0.0755 % return per unit of risk over the last 3 months. Steel Dynamics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Steel Dynamics' Risk Adjusted Performance of (0.04), variance of 3.95, and Coefficient Of Variation of (1,669) to confirm the risk estimate we provide.
  
At present, Steel Dynamics' Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 15.7 B, whereas Common Stock Total Equity is forecasted to decline to about 645.6 K. . At present, Steel Dynamics' Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 10.09, whereas Price Earnings To Growth Ratio is projected to grow to (0.33). Steel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0755

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Estimated Market Risk

 2.1
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Steel Dynamics 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 Dynamics by adding Steel Dynamics to a well-diversified portfolio.
Price Book
2.2709
Enterprise Value Ebitda
9.0473
Price Sales
1.1175
Shares Float
142.5 M
Dividend Share
1.84

Related Headline

Reliance Steel Headline on 10th of February 2023

Filed transaction by Reliance Steel Aluminum C director. General open market or private sale of non-derivative or derivative security

Steel Dynamics Valuation on January 18, 2023

It is possible to determine the worth of Steel Dynamics on a given historical date. On January 18, 2023 Steel was worth 116.66 at the beginning of the trading date compared to the closed value of 118.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Steel Dynamics stock. Still, in general, we apply an absolute valuation method to find Steel Dynamics' 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 Dynamics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Steel Dynamics' related companies.
 Open High Low Close Volume
02/10/2023
  116.66    119.03    115.84    118.34    1,206,676  
  118.21    120.48    117.13    119.72    1,270,383  
Backtest Steel Dynamics  |  Steel Dynamics History  |  Steel Dynamics Valuation Next  
Open Value
116.66
110.36
Downside
118.34
Closing Value
122.96
Upside

Steel Dynamics Trading Date Momentum on January 18, 2023

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Steel Dynamics Fundamentals Correlations and Trends

By evaluating Steel Dynamics' 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 Dynamics' 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 Dynamics Stock history

Steel Dynamics 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 Dynamics 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 Dynamics stock prices may prove useful in developing a viable investing in Steel Dynamics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding155.4 M226.1 M
Net Income Applicable To Common Shares4.4 B4.7 B

Steel Dynamics Quarterly Net Working Capital

3.28 Billion

Steel Dynamics Stock Technical Analysis

Steel Dynamics 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 Steel Dynamics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Steel Dynamics 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

Steel Dynamics Period Price Range

Low
March 4, 2025
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High

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Steel Dynamics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Steel Dynamics March 4, 2025 Market Strength

Market strength indicators help investors to evaluate how Steel Dynamics 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 Dynamics shares will generate the highest return on investment. By undertsting and applying Steel Dynamics stock market strength indicators, traders can identify Steel Dynamics entry and exit signals to maximize returns

Steel Dynamics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Steel Dynamics' 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.

Complementary Tools for Steel Stock analysis

When running Steel Dynamics' price analysis, check to measure Steel Dynamics' 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 Dynamics is operating at the current time. Most of Steel Dynamics' value examination focuses on studying past and present price action to predict the probability of Steel Dynamics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Dynamics' price. Additionally, you may evaluate how the addition of Steel Dynamics to your portfolios can decrease your overall portfolio volatility.
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