Southern Copper Stock Price on October 10, 2024
| SCCO Stock | USD 100.68 2.32 2.25% |
Below is the normalized historical share price chart for Southern Copper extending back to January 05, 1996. 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 Southern Copper stands at 100.68, as last reported on the 22nd of November, with the highest price reaching 103.03 and the lowest price hitting 99.85 during the day.
If you're considering investing in Southern Stock, it is important to understand the factors that can impact its price. Southern Copper owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0098, which indicates the firm had a -0.0098% return per unit of risk over the last 3 months. Southern Copper exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Southern Copper's Semi Deviation of 2.49, coefficient of variation of 5606.98, and Risk Adjusted Performance of 0.0204 to confirm the risk estimate we provide.
At this time, Southern Copper's Common Stock Shares Outstanding is very stable compared to the past year. As of the 22nd of November 2024, Other Stockholder Equity is likely to grow to about 403 M, while Total Stockholder Equity is likely to drop about 4.5 B. . At this time, Southern Copper's Price To Sales Ratio is very stable compared to the past year. As of the 22nd of November 2024, Price Book Value Ratio is likely to grow to 9.42, while Price Earnings Ratio is likely to drop 16.05. Southern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of January 1996 | 200 Day MA 105.1267 | 50 Day MA 109.6505 | Beta 1.188 |
Southern |
Sharpe Ratio = -0.0098
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| Negative Returns | SCCO |
Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Southern Copper is not performing at its full potential. However, 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 Southern Copper by adding Southern Copper to a well-diversified portfolio.
Price Book 9.1259 | Enterprise Value Ebitda 14.0766 | Price Sales 7.4386 | Shares Float 87 M | Dividend Share 2.37 |
Southern Copper Valuation on October 10, 2024
It is possible to determine the worth of Southern Copper on a given historical date. On October 10, 2024 Southern was worth 113.22 at the beginning of the trading date compared to the closed value of 114.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Southern Copper stock. Still, in general, we apply an absolute valuation method to find Southern Copper'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 Southern Copper where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Southern Copper's related companies.
| Open | High | Low | Close | Volume | |
| 110.30 | 113.08 | 109.36 | 113.03 | 831,578 | |
10/10/2024 | 113.22 | 115.54 | 112.72 | 114.95 | 947,588 |
| 114.78 | 117.01 | 114.78 | 116.20 | 611,205 |
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Southern Copper Trading Date Momentum on October 10, 2024
| On October 11 2024 Southern Copper was traded for 116.20 at the closing time. The top price for the day was 117.01 and the lowest listed price was 114.78 . The trading volume for the day was 611.2 K. The trading history from October 11, 2024 was a factor to the next trading day price boost. The trading price change against the next closing price was 1.09% . The trading price change against the current closing price is 2.64% . |
Southern Copper Fundamentals Correlations and Trends
By evaluating Southern Copper'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 Southern Copper's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Southern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Southern Copper Stock history
Southern Copper 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 Southern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Southern Copper 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 Southern Copper stock prices may prove useful in developing a viable investing in Southern Copper
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 785.5 M | 820.9 M | |
| Net Income Applicable To Common Shares | 3 B | 3.2 B |
Southern Copper Quarterly Net Working Capital |
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Southern Copper Stock Technical Analysis
Southern Copper 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
Southern Copper Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Southern Copper 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.
Southern Copper November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Southern Copper stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Southern Copper shares will generate the highest return on investment. By undertsting and applying Southern Copper stock market strength indicators, traders can identify Southern Copper entry and exit signals to maximize returns
Southern Copper Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Southern Copper's price direction in advance. Along with the technical and fundamental analysis of Southern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Southern 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 | 0.0204 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0389 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Copper. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southern Copper. If investors know Southern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southern Copper listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.452 | Dividend Share 2.37 | Earnings Share 3.83 | Revenue Per Share 13.947 | Quarterly Revenue Growth 0.17 |
The market value of Southern Copper is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern Copper's value that differs from its market value or its book value, called intrinsic value, which is Southern Copper's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southern Copper's market value can be influenced by many factors that don't directly affect Southern Copper's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southern Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern Copper's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.