Schnitzer Steel Industries Stock Price on November 13, 2024
| RDUS Stock | USD 20.21 0.47 2.38% |
Below is the normalized historical share price chart for Schnitzer Steel Industries extending back to November 16, 1993. 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 Schnitzer Steel stands at 20.21, as last reported on the 25th of November, with the highest price reaching 20.35 and the lowest price hitting 19.50 during the day.
If you're considering investing in Schnitzer Stock, it is important to understand the factors that can impact its price. Schnitzer Steel appears to be not too volatile, given 3 months investment horizon. Schnitzer Steel Indu owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Schnitzer Steel's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please review Schnitzer Steel's Coefficient Of Variation of 677.24, semi deviation of 2.6, and Risk Adjusted Performance of 0.1214 to confirm if our risk estimates are consistent with your expectations.
At this time, Schnitzer Steel's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Capital Stock is likely to gain to about 29.9 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 25.4 M in 2024. . Price Earnings To Growth Ratio is likely to gain to 0.19 in 2024, whereas Price To Sales Ratio is likely to drop 5.47 in 2024. Schnitzer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of November 1993 | 200 Day MA 17.7359 | 50 Day MA 17.979 | Beta 1.544 |
Schnitzer |
Sharpe Ratio = 0.1252
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Estimated Market Risk
| 4.15 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Schnitzer Steel is performing at about 9% 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 Schnitzer Steel by adding it to a well-diversified portfolio.
Price Book 0.9094 | Enterprise Value Ebitda 20.3417 | Price Sales 0.2069 | Shares Float 26.1 M | Dividend Share 0.75 |
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Schnitzer Steel Valuation on November 13, 2024
It is possible to determine the worth of Schnitzer Steel on a given historical date. On November 13, 2024 Schnitzer was worth 19.76 at the beginning of the trading date compared to the closed value of 19.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Schnitzer Steel stock. Still, in general, we apply an absolute valuation method to find Schnitzer Steel'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 Schnitzer Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Schnitzer Steel's related companies.
| Open | High | Low | Close | Volume | |
| 19.62 | 19.82 | 19.12 | 19.52 | 328,278 | |
11/13/2024 | 19.76 | 19.76 | 18.95 | 19.16 | 168,791 |
| 19.28 | 19.28 | 17.29 | 17.35 | 263,017 |
| Backtest Schnitzer Steel | | | Schnitzer Steel History | | | Schnitzer Steel Valuation | Previous | Next |
Schnitzer Steel Trading Date Momentum on November 13, 2024
| On November 14 2024 Schnitzer Steel Industries was traded for 17.35 at the closing time. The top price for the day was 19.28 and the lowest listed price was 17.29 . The trading volume for the day was 263 K. The trading history from November 14, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 9.45% . The trading price change against the current closing price is 3.71% . |
Schnitzer Steel Indu Fundamentals Correlations and Trends
By evaluating Schnitzer Steel'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 Schnitzer Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Schnitzer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Schnitzer Steel Stock history
Schnitzer Steel 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 Schnitzer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Schnitzer Steel Indu 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 Schnitzer Steel stock prices may prove useful in developing a viable investing in Schnitzer Steel
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 28 M | 25.4 M | |
| Net Income Applicable To Common Shares | 151.9 M | 159.5 M |
Schnitzer Steel Quarterly Net Working Capital |
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Schnitzer Steel Stock Technical Analysis
Schnitzer Steel 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
Schnitzer Steel Period Price Range
Low | November 25, 2024
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0.00 | 0.00 |
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Schnitzer Steel November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Schnitzer Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Schnitzer Steel shares will generate the highest return on investment. By undertsting and applying Schnitzer Steel stock market strength indicators, traders can identify Schnitzer Steel Industries entry and exit signals to maximize returns
Schnitzer Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Schnitzer Steel's price direction in advance. Along with the technical and fundamental analysis of Schnitzer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Schnitzer 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 | 0.1214 | |||
| Jensen Alpha | 0.173 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1499 | |||
| Treynor Ratio | 0.1698 |
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Additional Tools for Schnitzer Stock Analysis
When running Schnitzer Steel's price analysis, check to measure Schnitzer Steel'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 Schnitzer Steel is operating at the current time. Most of Schnitzer Steel's value examination focuses on studying past and present price action to predict the probability of Schnitzer Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schnitzer Steel's price. Additionally, you may evaluate how the addition of Schnitzer Steel to your portfolios can decrease your overall portfolio volatility.