Gerdau SA's market value is the price at which a share of Gerdau SA trades on a public exchange. It measures the collective expectations of Gerdau SA investors about its performance. Gerdau SA is trading at 59.45 as of the 8th of January 2025; that is No Change since the beginning of the trading day. The stock's open price was 59.45. With this module, you can estimate the performance of a buy and hold strategy of Gerdau SA and determine expected loss or profit from investing in Gerdau SA over a given investment horizon. Check out Gerdau SA Correlation, Gerdau SA Volatility and Gerdau SA Alpha and Beta module to complement your research on Gerdau SA.
Please note, there is a significant difference between Gerdau SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gerdau SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gerdau SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Gerdau SA 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Gerdau SA's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Gerdau SA.
0.00
01/19/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/08/2025
0.00
If you would invest 0.00 in Gerdau SA on January 19, 2023 and sell it all today you would earn a total of 0.00 from holding Gerdau SA or generate 0.0% return on investment in Gerdau SA over 720 days. Gerdau SA is related to or competes with Steel Dynamics, Ternium SA, United States, Grupo Simec, Industrias, and Companhia Siderrgica. It operates through four segments Brazil Business, North America Business, South America Business, and Special Steel Bus... More
Gerdau SA Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Gerdau SA's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Gerdau SA upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gerdau SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gerdau SA's standard deviation. In reality, there are many statistical measures that can use Gerdau SA historical prices to predict the future Gerdau SA's volatility.
Gerdau SA holds Efficiency (Sharpe) Ratio of -0.0831, which attests that the entity had a -0.0831% return per unit of risk over the last 3 months. Gerdau SA exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gerdau SA's Market Risk Adjusted Performance of 0.2641, standard deviation of 2.4, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.72, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Gerdau SA are expected to decrease at a much lower rate. During the bear market, Gerdau SA is likely to outperform the market. At this point, Gerdau SA has a negative expected return of -0.21%. Please make sure to check out Gerdau SA's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Gerdau SA performance from the past will be repeated at some point in the near future.
Auto-correlation
0.22
Weak predictability
Gerdau SA has weak predictability. Overlapping area represents the amount of predictability between Gerdau SA time series from 19th of January 2023 to 14th of January 2024 and 14th of January 2024 to 8th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gerdau SA price movement. The serial correlation of 0.22 indicates that over 22.0% of current Gerdau SA price fluctuation can be explain by its past prices.
Correlation Coefficient
0.22
Spearman Rank Test
0.19
Residual Average
0.0
Price Variance
31.07
Gerdau SA lagged returns against current returns
Autocorrelation, which is Gerdau SA stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Gerdau SA's stock expected returns. We can calculate the autocorrelation of Gerdau SA returns to help us make a trade decision. For example, suppose you find that Gerdau SA has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Gerdau SA regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Gerdau SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gerdau SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gerdau SA stock over time.
Current vs Lagged Prices
Timeline
Gerdau SA Lagged Returns
When evaluating Gerdau SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gerdau SA stock have on its future price. Gerdau SA autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Gerdau SA autocorrelation shows the relationship between Gerdau SA stock current value and its past values and can show if there is a momentum factor associated with investing in Gerdau SA.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running Gerdau SA's price analysis, check to measure Gerdau SA'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 Gerdau SA is operating at the current time. Most of Gerdau SA's value examination focuses on studying past and present price action to predict the probability of Gerdau SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gerdau SA's price. Additionally, you may evaluate how the addition of Gerdau SA to your portfolios can decrease your overall portfolio volatility.