Gerdau Sa Adr Stock Price on September 5, 2024
| GGB Stock | USD 3.39 0.08 2.31% |
Below is the normalized historical share price chart for Gerdau SA ADR extending back to March 10, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Gerdau SA stands at 3.39, as last reported on the 25th of November, with the highest price reaching 3.40 and the lowest price hitting 3.35 during the day.
If you're considering investing in Gerdau Stock, it is important to understand the factors that can impact its price. At this point, Gerdau SA is slightly risky. Gerdau SA ADR holds Efficiency (Sharpe) Ratio of 0.025, which attests that the entity had a 0.025% return per unit of risk over the last 3 months. We have found thirty technical indicators for Gerdau SA ADR, which you can use to evaluate the volatility of the firm. Please check out Gerdau SA's Downside Deviation of 2.03, risk adjusted performance of 0.033, and Market Risk Adjusted Performance of 0.057 to validate if the risk estimate we provide is consistent with the expected return of 0.0613%.
At present, Gerdau SA's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 21.4 B, whereas Common Stock Total Equity is forecasted to decline to about 12.7 B. . The current year's Price To Free Cash Flows Ratio is expected to grow to 6.86, whereas Price To Sales Ratio is forecasted to decline to 0.46. Gerdau Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of March 1999 | 200 Day MA 3.4189 | 50 Day MA 3.3422 | Beta 1.342 |
Gerdau |
Sharpe Ratio = 0.025
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | GGB | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 1 99% of assets perform better |
Based on monthly moving average Gerdau SA is performing at about 1% 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 Gerdau SA by adding it to a well-diversified portfolio.
Price Book 0.7363 | Enterprise Value Ebitda 4.7037 | Price Sales 0.1078 | Shares Float 1.4 B | Dividend Share 0.783 |
Gerdau SA Valuation on September 5, 2024
It is possible to determine the worth of Gerdau SA on a given historical date. On September 5, 2024 Gerdau was worth 3.26 at the beginning of the trading date compared to the closed value of 3.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gerdau SA stock. Still, in general, we apply an absolute valuation method to find Gerdau SA'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 Gerdau SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gerdau SA's related companies.
| Open | High | Low | Close | Volume | |
| 3.17 | 3.26 | 3.17 | 3.22 | 5,986,560 | |
09/05/2024 | 3.26 | 3.31 | 3.24 | 3.28 | 4,563,657 |
| 3.30 | 3.32 | 3.23 | 3.26 | 5,044,302 |
| Backtest Gerdau SA | | | Gerdau SA History | | | Gerdau SA Valuation | Previous | Next |
Gerdau SA Trading Date Momentum on September 5, 2024
| On September 06 2024 Gerdau SA ADR was traded for 3.26 at the closing time. Highest Gerdau SA's price during the trading hours was 3.32 and the lowest price during the day was 3.23 . The net volume was 5 M. The overall trading history on the 6th of September contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.61% . The overall trading delta to current price is 3.05% . |
Gerdau SA ADR Fundamentals Correlations and Trends
By evaluating Gerdau SA'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 Gerdau SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gerdau financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gerdau SA Stock history
Gerdau SA 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 Gerdau is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gerdau SA 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 Gerdau SA stock prices may prove useful in developing a viable investing in Gerdau SA
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.1 B | 2 B | |
| Net Income Applicable To Common Shares | 13.1 B | 13.8 B |
Gerdau SA Quarterly Net Working Capital |
|
Gerdau SA Stock Technical Analysis
Gerdau SA 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
Gerdau SA Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Gerdau SA ADR cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Gerdau SA November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Gerdau SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gerdau SA shares will generate the highest return on investment. By undertsting and applying Gerdau SA stock market strength indicators, traders can identify Gerdau SA ADR entry and exit signals to maximize returns
Gerdau SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gerdau SA's price direction in advance. Along with the technical and fundamental analysis of Gerdau Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gerdau 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 | 0.033 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.047 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Gerdau Stock analysis
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.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |