Stelco Holdings Stock Technical Analysis
STZHFDelisted Stock | USD 49.41 0.00 0.00% |
As of the 28th of December, Stelco Holdings has the Risk Adjusted Performance of 0.0934, coefficient of variation of 845.99, and Semi Deviation of 0.486. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Stelco Holdings, as well as the relationship between them. Please validate Stelco Holdings variance, as well as the relationship between the maximum drawdown and semi variance to decide if Stelco Holdings is priced more or less accurately, providing market reflects its prevalent price of 49.41 per share. Given that Stelco Holdings has jensen alpha of 0.0776, we advise you to double-check Stelco Holdings's current market performance to make sure the company can sustain itself at a future point.
Stelco Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Stelco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to StelcoStelco |
Stelco Holdings 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.
Stelco Holdings Technical Analysis
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Stelco Holdings Trend Analysis
Use this graph to draw trend lines for Stelco Holdings. You can use it to identify possible trend reversals for Stelco Holdings as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Stelco Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Stelco Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Stelco Holdings applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Stelco Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 31.67, which is the sum of squared deviations for the predicted Stelco Holdings price change compared to its average price change.About Stelco Holdings Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Stelco Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Stelco Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Stelco Holdings price pattern first instead of the macroeconomic environment surrounding Stelco Holdings. By analyzing Stelco Holdings's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Stelco Holdings's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Stelco Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
Stelco Holdings December 28, 2024 Technical Indicators
Most technical analysis of Stelco help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Stelco from various momentum indicators to cycle indicators. When you analyze Stelco charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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Pattern Recognition | ||
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Volume Indicators |
Risk Adjusted Performance | 0.0934 | |||
Market Risk Adjusted Performance | (2.36) | |||
Mean Deviation | 0.4922 | |||
Semi Deviation | 0.486 | |||
Downside Deviation | 0.871 | |||
Coefficient Of Variation | 845.99 | |||
Standard Deviation | 0.7348 | |||
Variance | 0.54 | |||
Information Ratio | 0.0744 | |||
Jensen Alpha | 0.0776 | |||
Total Risk Alpha | 0.0564 | |||
Sortino Ratio | 0.0628 | |||
Treynor Ratio | (2.37) | |||
Maximum Drawdown | 3.76 | |||
Value At Risk | (0.97) | |||
Potential Upside | 1.17 | |||
Downside Variance | 0.7586 | |||
Semi Variance | 0.2362 | |||
Expected Short fall | (0.79) | |||
Skewness | 0.3326 | |||
Kurtosis | 3.22 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in Stelco Pink Sheet
If you are still planning to invest in Stelco Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Stelco Holdings' history and understand the potential risks before investing.
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