Salzgitter Ag Adr Stock Price on June 23, 2023
| SZGPY Stock | USD 1.58 0.06 3.66% |
If you're considering investing in Salzgitter Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Salzgitter stands at 1.58, as last reported on the 27th of December, with the highest price reaching 1.58 and the lowest price hitting 1.58 during the day. Salzgitter AG ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0083, which indicates the firm had a -0.0083% return per unit of risk over the last 3 months. Salzgitter AG ADR exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Salzgitter's Coefficient Of Variation of 7044.5, semi deviation of 3.16, and Risk Adjusted Performance of 0.0197 to confirm the risk estimate we provide.
Salzgitter Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Salzgitter |
Sharpe Ratio = -0.0083
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Estimated Market Risk
| 5.07 actual daily | 45 55% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Salzgitter 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 Salzgitter by adding Salzgitter to a well-diversified portfolio.
Salzgitter Valuation on June 23, 2023
It is possible to determine the worth of Salzgitter on a given historical date. On June 23, 2023 Salzgitter was worth 3.65 at the beginning of the trading date compared to the closed value of 3.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Salzgitter pink sheet. Still, in general, we apply an absolute valuation method to find Salzgitter'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 Salzgitter where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Salzgitter's related companies.
| Open | High | Low | Close | Volume | |
| 3.69 | 3.69 | 3.69 | 3.69 | 16.00 | |
06/23/2023 | 3.65 | 3.65 | 3.65 | 3.65 | 1.00 |
| 3.65 | 3.65 | 3.65 | 3.65 | 1.00 |
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Salzgitter Trading Date Momentum on June 23, 2023
| On June 26 2023 Salzgitter AG ADR was traded for 3.65 at the closing time. The highest daily price throughout the period was 3.65 and the lowest price was 3.65 . There was no trading activity during the period 1.0. Lack of trading volume on 06/26/2023 did not result in any price rise and fall. The trading price change to current closing price is 1.64% . |
Salzgitter AG ADR Fundamentals Correlations and Trends
By evaluating Salzgitter'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 Salzgitter's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Salzgitter financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Salzgitter Pink Sheet history
Salzgitter 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 Salzgitter is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Salzgitter AG ADR 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 Salzgitter stock prices may prove useful in developing a viable investing in Salzgitter
Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. Salzgitter AG was founded in 1858 and is headquartered in Salzgitter, Germany. Salzgitter operates under Steel classification in the United States and is traded on OTC Exchange. It employs 23600 people.
Salzgitter Pink Sheet Technical Analysis
Salzgitter technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Salzgitter Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
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Salzgitter December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Salzgitter pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Salzgitter shares will generate the highest return on investment. By undertsting and applying Salzgitter pink sheet market strength indicators, traders can identify Salzgitter AG ADR entry and exit signals to maximize returns
Salzgitter Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Salzgitter's price direction in advance. Along with the technical and fundamental analysis of Salzgitter Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Salzgitter 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 | 0.0197 | |||
| Jensen Alpha | 0.0593 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.006 | |||
| Treynor Ratio | 0.6507 |
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Additional Tools for Salzgitter Pink Sheet Analysis
When running Salzgitter's price analysis, check to measure Salzgitter'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 Salzgitter is operating at the current time. Most of Salzgitter's value examination focuses on studying past and present price action to predict the probability of Salzgitter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Salzgitter's price. Additionally, you may evaluate how the addition of Salzgitter to your portfolios can decrease your overall portfolio volatility.