Metalurgica Gerdau (Brazil) Price on November 14, 2024
| GOAU4 Preferred Stock | BRL 10.99 0.15 1.38% |
If you're considering investing in Metalurgica Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Metalurgica Gerdau stands at 10.99, as last reported on the 25th of November, with the highest price reaching 11.02 and the lowest price hitting 10.79 during the day. Currently, Metalurgica Gerdau SA is not too volatile. Metalurgica Gerdau has Sharpe Ratio of 0.0582, which conveys that the firm had a 0.0582% return per unit of risk over the last 3 months. We have found thirty technical indicators for Metalurgica Gerdau, which you can use to evaluate the volatility of the firm. Please verify Metalurgica Gerdau's Mean Deviation of 1.29, risk adjusted performance of 0.039, and Downside Deviation of 1.69 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Metalurgica Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Metalurgica |
Sharpe Ratio = 0.0582
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Estimated Market Risk
| 1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Metalurgica Gerdau is performing at about 4% 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 Metalurgica Gerdau by adding it to a well-diversified portfolio.
Metalurgica Gerdau Valuation on November 14, 2024
It is possible to determine the worth of Metalurgica Gerdau on a given historical date. On November 14, 2024 Metalurgica was worth 10.85 at the beginning of the trading date compared to the closed value of 10.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metalurgica Gerdau preferred stock. Still, in general, we apply an absolute valuation method to find Metalurgica Gerdau'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 Metalurgica Gerdau where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metalurgica Gerdau's related companies.
| Open | High | Low | Close | Volume | |
| 10.76 | 10.92 | 10.59 | 10.89 | 13,373,600 | |
11/14/2024 | 10.85 | 11.02 | 10.77 | 10.93 | 11,933,600 |
| 11.06 | 11.17 | 10.95 | 11.04 | 19,560,200 |
| Backtest Metalurgica Gerdau | | | Metalurgica Gerdau History | | | Metalurgica Gerdau Valuation | Previous | Next |
Metalurgica Gerdau Trading Date Momentum on November 14, 2024
| On November 18 2024 Metalurgica Gerdau SA was traded for 11.04 at the closing time. The highest price during the trading period was 11.17 and the lowest recorded bid was listed for 10.95 . The volume for the day was 19.6 M. This history from November 18, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.01% . The trading delta at closing time to the current price is 0.73% . |
Metalurgica Gerdau Fundamentals Correlations and Trends
By evaluating Metalurgica Gerdau'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 Metalurgica Gerdau's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metalurgica financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Metalurgica Gerdau Preferred Stock history
Metalurgica Gerdau 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 Metalurgica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metalurgica Gerdau 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 Metalurgica Gerdau stock prices may prove useful in developing a viable investing in Metalurgica Gerdau
Metalurgica Gerdau S.A., together with its subsidiaries, produces and supplies long and special steel products in Brazil and internationally. Metalurgica Gerdau S.A. was founded in 1901 and is based in Porto Alegre, Brazil. GERDAU MET operates under Steel classification in Brazil and is traded on Sao Paolo Stock Exchange.
Metalurgica Gerdau Preferred Stock Technical Analysis
Metalurgica Gerdau technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Metalurgica Gerdau Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Metalurgica 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.
Metalurgica Gerdau November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Metalurgica Gerdau preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metalurgica Gerdau shares will generate the highest return on investment. By undertsting and applying Metalurgica Gerdau preferred stock market strength indicators, traders can identify Metalurgica Gerdau SA entry and exit signals to maximize returns
Metalurgica Gerdau Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metalurgica Gerdau's price direction in advance. Along with the technical and fundamental analysis of Metalurgica Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metalurgica 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 | 0.039 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.116 |
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Additional Tools for Metalurgica Preferred Stock Analysis
When running Metalurgica Gerdau's price analysis, check to measure Metalurgica Gerdau'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 Metalurgica Gerdau is operating at the current time. Most of Metalurgica Gerdau's value examination focuses on studying past and present price action to predict the probability of Metalurgica Gerdau's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalurgica Gerdau's price. Additionally, you may evaluate how the addition of Metalurgica Gerdau to your portfolios can decrease your overall portfolio volatility.