Quanex Building Products Stock Price on September 29, 2023

NX Stock  USD 30.07  0.35  1.18%   
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 30.07, as last reported on the 22nd of November, with the highest price reaching 30.24 and the lowest price hitting 29.79 during the day.
IPO Date
30th of December 1987
200 Day MA
31.2441
50 Day MA
28.9446
Beta
1.264
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Quanex Stock, it is important to understand the factors that can impact its price. At this stage we consider Quanex Stock to be not too volatile. Quanex Building Products maintains Sharpe Ratio (i.e., Efficiency) of 0.039, which implies the firm had a 0.039% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Quanex Building Products, which you can use to evaluate the volatility of the company. Please check Quanex Building's Risk Adjusted Performance of 0.0448, semi deviation of 2.56, and Coefficient Of Variation of 2043.52 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
  
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.

Sharpe Ratio = 0.039

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Estimated Market Risk

 3.64
  actual daily
32
68% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Quanex Building is performing at about 3% 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
2.3772
Enterprise Value Ebitda
10.2644
Price Sales
1.3063
Shares Float
42 M
Dividend Share
0.32

Quanex Building Main Headline on 29th of September 2023

Quanex Building Products dividend paid on 29th of September 2023

Quanex Building Valuation on September 29, 2023

It is possible to determine the worth of Quanex Building on a given historical date. On September 29, 2023 Quanex was worth 28.6 at the beginning of the trading date compared to the closed value of 27.88. 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
  27.64    28.49    27.58    28.37    248,570  
09/29/2023
  28.60    28.68    27.48    27.88    243,710  
  27.68    28.22    27.49    27.74    238,510  
Backtest Quanex Building  |  Quanex Building History  |  Quanex Building Valuation   PreviousNext  
Open Value
28.6
27.88
Closing Value
39.53
Upside

Quanex Building Trading Date Momentum on September 29, 2023

On October 02 2023 Quanex Building Products was traded for  27.74  at the closing time. The highest price during the trading period was 28.22  and the lowest recorded bid was listed for  27.49 . The volume for the day was 238.5 K. This history from October 2, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.50% . The trading delta at closing time to the current price is 0.75% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding38 M38.9 M
Net Income Applicable To Common Shares94.9 M99.6 M

Quanex Building Quarterly Net Working Capital

173.53 Million

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.
A focus of Quanex Building technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Quanex Building trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Quanex Building Period Price Range

Low
November 22, 2024
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High

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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 22, 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.

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.