Gerdau SA (Brazil) Price on September 6, 2024
| GGBR3 Stock | BRL 18.99 0.32 1.66% |
If you're considering investing in Gerdau Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gerdau SA stands at 18.99, as last reported on the 22nd of November, with the highest price reaching 19.17 and the lowest price hitting 18.73 during the day. Gerdau SA appears to be somewhat reliable, given 3 months investment horizon. Gerdau SA holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Gerdau SA, which you can use to evaluate the volatility of the firm. Please utilize Gerdau SA's Risk Adjusted Performance of 0.1313, market risk adjusted performance of (2.01), and Downside Deviation of 1.5 to validate if our risk estimates are consistent with your expectations.
Gerdau Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gerdau |
Sharpe Ratio = 0.155
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | GGBR3 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Gerdau SA is performing at about 12% 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.
Gerdau SA Valuation on September 6, 2024
It is possible to determine the worth of Gerdau SA on a given historical date. On September 6, 2024 Gerdau was worth 16.15 at the beginning of the trading date compared to the closed value of 15.95. 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 | |
| 15.90 | 16.22 | 15.90 | 16.15 | 22,000 | |
09/06/2024 | 16.15 | 16.26 | 15.92 | 15.95 | 37,600 |
| 15.95 | 16.43 | 15.95 | 16.23 | 41,600 |
| Backtest Gerdau SA | | | Gerdau SA History | | | Gerdau SA Valuation | Previous | Next |
Gerdau SA Trading Date Momentum on September 6, 2024
| On September 09 2024 Gerdau SA was traded for 16.23 at the closing time. The highest price during the trading period was 16.43 and the lowest recorded bid was listed for 15.95 . The volume for the day was 41.6 K. This history from September 9, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.76% . The overall trading delta to the current price is 2.95% . |
Gerdau SA 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 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
Gerdau S.A. provides steel-related products and services worldwide. The company was founded in 1901 and is based in Sao Paulo, Brazil. GERDAU ON operates under Steel classification in Brazil and is traded on Sao Paolo Stock Exchange.
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 22, 2024
| High |
0.00 | 0.00 |
Gerdau SA 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.
Gerdau SA November 22, 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 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 | 0.1313 | |||
| Jensen Alpha | 0.3329 | |||
| Total Risk Alpha | 0.0572 | |||
| Sortino Ratio | 0.1449 | |||
| Treynor Ratio | (2.02) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional 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.