Quanex Building Products Stock Price on March 14, 2024
NX Stock | USD 30.88 0.81 2.69% |
Below is the normalized historical share price chart for Quanex Building Products extending back to November 05, 1984. 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 Quanex Building stands at 30.88, as last reported on the 25th of November, with the highest price reaching 30.95 and the lowest price hitting 30.29 during the day.
If you're considering investing in Quanex Stock, it is important to understand the factors that can impact its price. Quanex Building appears to be not too volatile, given 3 months investment horizon. Quanex Building Products maintains Sharpe Ratio (i.e., Efficiency) of 0.0588, which implies the firm had a 0.0588% return per unit of risk over the last 3 months. We have found thirty technical indicators for Quanex Building Products, which you can use to evaluate the volatility of the company. Please evaluate Quanex Building's Risk Adjusted Performance of 0.0575, coefficient of variation of 1546.28, and Semi Deviation of 2.55 to confirm if our risk estimates are consistent with your expectations.
At this time, Quanex Building's Common Stock Shares Outstanding is fairly stable compared to the past year. Stock Based Compensation is likely to rise to about 3.8 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 456.1 M in 2024. . Price Earnings Ratio is likely to rise to 12.90 in 2024, whereas Price To Sales Ratio is likely to drop 0.38 in 2024. Quanex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of December 1987 | 200 Day MA 31.2303 | 50 Day MA 29.075 | Beta 1.264 |
Quanex |
Sharpe Ratio = 0.0588
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Estimated Market Risk
3.62 actual daily | 32 68% of assets are more volatile |
Expected Return
0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Quanex Building 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 Quanex Building by adding it to a well-diversified portfolio.
Price Book 2.4559 | Enterprise Value Ebitda 10.5984 | Price Sales 1.3496 | Shares Float 42 M | Dividend Share 0.32 |
Quanex Building Valuation on March 14, 2024
It is possible to determine the worth of Quanex Building on a given historical date. On March 14, 2024 Quanex was worth 35.44 at the beginning of the trading date compared to the closed value of 34.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Quanex Building stock. Still, in general, we apply an absolute valuation method to find Quanex Building'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 Quanex Building where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Quanex Building's related companies.
Open | High | Low | Close | Volume | |
34.69 | 35.52 | 34.69 | 35.48 | 137,960 | |
03/14/2024 | 35.44 | 35.61 | 34.65 | 34.78 | 137,674 |
34.74 | 35.84 | 34.74 | 35.75 | 371,058 |
Backtest Quanex Building | | | Quanex Building History | | | Quanex Building Valuation | Previous | Next |
Quanex Building Trading Date Momentum on March 14, 2024
On March 15 2024 Quanex Building Products was traded for 35.75 at the closing time. The highest price during the trading period was 35.84 and the lowest recorded bid was listed for 34.74 . The volume for the day was 371.1 K. This history from March 15, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 2.79% . The trading delta at closing time to the current price is 8.22% . |
Quanex Building Products Fundamentals Correlations and Trends
By evaluating Quanex Building'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 Quanex Building's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Quanex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Quanex Building Stock history
Quanex Building 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 Quanex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Quanex Building Products 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 Quanex Building stock prices may prove useful in developing a viable investing in Quanex Building
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 38 M | 38.9 M | |
Net Income Applicable To Common Shares | 94.9 M | 99.6 M |
Quanex Building Quarterly Net Working Capital |
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Quanex Building Stock Technical Analysis
Quanex Building 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
Quanex Building Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Quanex Building Products 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.
Quanex Building November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Quanex Building stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quanex Building shares will generate the highest return on investment. By undertsting and applying Quanex Building stock market strength indicators, traders can identify Quanex Building Products entry and exit signals to maximize returns
Quanex Building Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Quanex Building's price direction in advance. Along with the technical and fundamental analysis of Quanex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Quanex 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 | 0.0575 | |||
Jensen Alpha | 0.1252 | |||
Total Risk Alpha | (0.35) | |||
Sortino Ratio | 0.0379 | |||
Treynor Ratio | 0.2745 |
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Additional Tools for Quanex Stock Analysis
When running Quanex Building's price analysis, check to measure Quanex Building'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 Quanex Building is operating at the current time. Most of Quanex Building's value examination focuses on studying past and present price action to predict the probability of Quanex Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quanex Building's price. Additionally, you may evaluate how the addition of Quanex Building to your portfolios can decrease your overall portfolio volatility.