Scorpio Tankers Stock Price on December 30, 2024
STNG Stock | USD 39.65 2.53 6.00% |
If you're considering investing in Scorpio Stock, it is important to understand the factors that can impact its price. As of today, the current price of Scorpio Tankers stands at 39.65, as last reported on the 22nd of March, with the highest price reaching 41.94 and the lowest price hitting 39.62 during the day. Scorpio Tankers owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11 % return per unit of risk over the last 3 months. Scorpio Tankers exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scorpio Tankers' Risk Adjusted Performance of (0.09), coefficient of variation of (928.89), and Variance of 7.65 to confirm the risk estimate we provide.
Scorpio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Scorpio |
Sharpe Ratio = -0.1077
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | STNG |
Estimated Market Risk
2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Scorpio Tankers 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 Scorpio Tankers by adding Scorpio Tankers to a well-diversified portfolio.
Scorpio Tankers Valuation on December 30, 2024
It is possible to determine the worth of Scorpio Tankers on a given historical date. On December 30, 2024 Scorpio was worth 49.09 at the beginning of the trading date compared to the closed value of 48.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scorpio Tankers stock. Still, in general, we apply an absolute valuation method to find Scorpio Tankers' 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 Scorpio Tankers where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scorpio Tankers' related companies.
Open | High | Low | Close | Volume | |
48.78 | 49.31 | 47.70 | 49.02 | 1,458,978 | |
12/30/2024 | 49.09 | 49.31 | 47.83 | 48.21 | 514,868 |
48.45 | 49.87 | 48.26 | 49.19 | 501,865 |
Backtest Scorpio Tankers | | | Scorpio Tankers History | | | Scorpio Tankers Valuation | Previous | Next |
Scorpio Tankers Trading Date Momentum on December 30, 2024
On December 31 2024 Scorpio Tankers was traded for 49.19 at the closing time. The top price for the day was 49.87 and the lowest listed price was 48.26 . The trading volume for the day was 501.9 K. The trading history from December 31, 2024 was a factor to the next trading day price rise. The trading price change against the next closing price was 2.03% . The trading price change against the current closing price is 14.10% . |
Scorpio Tankers Fundamentals Correlations and Trends
By evaluating Scorpio Tankers' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Scorpio Tankers' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Scorpio financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Scorpio Tankers Stock history
Scorpio Tankers 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 Scorpio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scorpio Tankers 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 Scorpio Tankers stock prices may prove useful in developing a viable investing in Scorpio Tankers
Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. Scorpio Tankers Inc. was incorporated in 2009 and is based in Monaco. Scorpio Tankers operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 26 people.
Scorpio Tankers Stock Technical Analysis
Scorpio Tankers 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
Scorpio Tankers Period Price Range
Low | March 22, 2025
| High |
0.00 | 0.00 |
Scorpio Tankers cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Scorpio Tankers March 22, 2025 Market Strength
Market strength indicators help investors to evaluate how Scorpio Tankers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scorpio Tankers shares will generate the highest return on investment. By undertsting and applying Scorpio Tankers stock market strength indicators, traders can identify Scorpio Tankers entry and exit signals to maximize returns
Scorpio Tankers Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Scorpio Tankers' price direction in advance. Along with the technical and fundamental analysis of Scorpio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scorpio 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 | (0.09) | |||
Jensen Alpha | (0.32) | |||
Total Risk Alpha | (0.1) | |||
Treynor Ratio | 1.56 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Scorpio Stock analysis
When running Scorpio Tankers' price analysis, check to measure Scorpio Tankers' 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 Scorpio Tankers is operating at the current time. Most of Scorpio Tankers' value examination focuses on studying past and present price action to predict the probability of Scorpio Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scorpio Tankers' price. Additionally, you may evaluate how the addition of Scorpio Tankers to your portfolios can decrease your overall portfolio volatility.
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
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 | |
Stocks Directory Find actively traded stocks across global markets | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing |