Steel Dynamics, Inc. Shares Sold by Stonehearth Capital Management LLC
| STLD Stock | USD 122.37 0.52 0.42% |
About 62% of Steel Dynamics' investor base is looking to short. The current sentiment regarding investing in Steel Dynamics stock implies that many traders are alarmed. The current market sentiment, together with Steel Dynamics' historical and current headlines, can help investors time the market. In addition, many technical investors use Steel Dynamics stock news signals to limit their universe of possible portfolio assets.
Steel |
Stonehearth Capital Management LLC decreased its position in Steel Dynamics, Inc. by 6.6 percent during the 4th quarter, according to the company in its most recent disclosure with the Securities Exchange Commission. The institutional investor owned 2,287 shares of the basic materials companys stock after selling 161 shares during the quarter.
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Steel Dynamics Fundamental Analysis
We analyze Steel Dynamics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Steel Dynamics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Steel Dynamics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Market Capitalization
Market Capitalization Comparative Analysis
Steel Dynamics is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Steel Dynamics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Steel Dynamics stock to make a market-neutral strategy. Peer analysis of Steel Dynamics could also be used in its relative valuation, which is a method of valuing Steel Dynamics by comparing valuation metrics with similar companies.
Peers
Steel Dynamics Related Equities
| MT | ArcelorMittal | 3.05 | ||||
| CLF | Cleveland Cliffs | 2.37 | ||||
| TX | Ternium SA | 1.75 | ||||
| ZEUS | Olympic Steel | 1.41 | ||||
| GGB | Gerdau SA | 0.69 | ||||
| CMC | Commercial Metals | 0.12 | ||||
| RS | Reliance Steel | 0.1 | ||||
| NUE | Nucor Corp | 0.02 | ||||
| X | United States | 0.30 | ||||
| PKX | POSCO Holdings | 0.33 |
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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