Usinas Siderrgicas (Brazil) Price on November 27, 2024
| USIM3 Stock | BRL 6.04 0.08 1.34% |
If you're considering investing in Usinas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Usinas Siderrgicas stands at 6.04, as last reported on the 11th of December 2024, with the highest price reaching 6.08 and the lowest price hitting 6.01 during the day. Currently, Usinas Siderrgicas de is slightly risky. Usinas Siderrgicas owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0317, which indicates the firm had a 0.0317% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Usinas Siderrgicas de, which you can use to evaluate the volatility of the company. Please validate Usinas Siderrgicas' Semi Deviation of 2.31, coefficient of variation of 3371.17, and Risk Adjusted Performance of 0.0285 to confirm if the risk estimate we provide is consistent with the expected return of 0.0801%.
Usinas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Usinas |
Sharpe Ratio = 0.0317
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Estimated Market Risk
| 2.52 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Usinas Siderrgicas is performing at about 2% 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 Usinas Siderrgicas by adding it to a well-diversified portfolio.
Usinas Siderrgicas Valuation on November 27, 2024
It is possible to determine the worth of Usinas Siderrgicas on a given historical date. On November 27, 2024 Usinas was worth 6.2 at the beginning of the trading date compared to the closed value of 6.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Usinas Siderrgicas stock. Still, in general, we apply an absolute valuation method to find Usinas Siderrgicas' 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 Usinas Siderrgicas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Usinas Siderrgicas' related companies.
| Open | High | Low | Close | Volume | |
| 6.20 | 6.25 | 6.15 | 6.19 | 200,000 | |
11/27/2024 | 6.20 | 6.31 | 6.09 | 6.25 | 467,200 |
| 6.20 | 6.20 | 5.91 | 5.91 | 325,400 |
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Usinas Siderrgicas Trading Date Momentum on November 27, 2024
| On November 28 2024 Usinas Siderrgicas de was traded for 5.91 at the closing time. The highest price during the trading period was 6.20 and the lowest recorded bid was listed for 5.91 . The volume for the day was 325.4 K. This history from November 28, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 5.44% . The trading price change to the current price is 4.80% . |
Usinas Siderrgicas Fundamentals Correlations and Trends
By evaluating Usinas Siderrgicas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Usinas Siderrgicas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Usinas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Usinas Siderrgicas Stock history
Usinas Siderrgicas 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 Usinas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Usinas Siderrgicas 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 Usinas Siderrgicas stock prices may prove useful in developing a viable investing in Usinas Siderrgicas
Usinas Siderrgicas de Minas Gerais S.A. manufactures and markets flat steel products in Brazil and internationally. Usinas Siderrgicas de Minas Gerais S.A. was founded in 1958 and is based in Belo Horizonte, Brazil. USIMINAS is traded on Sao Paolo Stock Exchange in Brazil.
Usinas Siderrgicas Stock Technical Analysis
Usinas Siderrgicas 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
Usinas Siderrgicas Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Usinas Siderrgicas de cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
Usinas Siderrgicas December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Usinas Siderrgicas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Usinas Siderrgicas shares will generate the highest return on investment. By undertsting and applying Usinas Siderrgicas stock market strength indicators, traders can identify Usinas Siderrgicas de entry and exit signals to maximize returns
Usinas Siderrgicas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Usinas Siderrgicas' price direction in advance. Along with the technical and fundamental analysis of Usinas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Usinas 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 | 0.0285 | |||
| Jensen Alpha | 0.0388 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2963 |
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Additional Tools for Usinas Stock Analysis
When running Usinas Siderrgicas' price analysis, check to measure Usinas Siderrgicas' 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 Usinas Siderrgicas is operating at the current time. Most of Usinas Siderrgicas' value examination focuses on studying past and present price action to predict the probability of Usinas Siderrgicas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Usinas Siderrgicas' price. Additionally, you may evaluate how the addition of Usinas Siderrgicas to your portfolios can decrease your overall portfolio volatility.