Steelcase Stock Price on November 8, 2024
| SCS Stock | USD 13.04 0.03 0.23% |
Below is the normalized historical share price chart for Steelcase extending back to February 18, 1998. 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 Steelcase stands at 13.04, as last reported on the 22nd of November, with the highest price reaching 13.24 and the lowest price hitting 12.94 during the day.
If you're considering investing in Steelcase Stock, it is important to understand the factors that can impact its price. Steelcase owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.037, which indicates the firm had a -0.037% return per unit of risk over the last 3 months. Steelcase exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Steelcase's Semi Deviation of 2.02, coefficient of variation of 6886.99, and Risk Adjusted Performance of 0.0172 to confirm the risk estimate we provide.
Total Stockholder Equity is likely to drop to about 814.4 M in 2024. Common Stock Shares Outstanding is likely to drop to about 108.5 M in 2024. At this time, Steelcase's Price Fair Value is comparatively stable compared to the past year. Steelcase Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of February 1998 | 200 Day MA 13.0003 | 50 Day MA 13.011 | Beta 1.326 |
Steelcase |
Sharpe Ratio = -0.037
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| Negative Returns | SCS |
Estimated Market Risk
| 1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Steelcase 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 Steelcase by adding Steelcase to a well-diversified portfolio.
Price Book 1.5966 | Enterprise Value Ebitda 6.426 | Price Sales 0.475 | Shares Float 83.4 M | Dividend Share 0.4 |
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Steelcase Valuation on November 8, 2024
It is possible to determine the worth of Steelcase on a given historical date. On November 8, 2024 Steelcase was worth 13.09 at the beginning of the trading date compared to the closed value of 13.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Steelcase stock. Still, in general, we apply an absolute valuation method to find Steelcase'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 Steelcase where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Steelcase's related companies.
| Open | High | Low | Close | Volume | |
| 13.01 | 13.26 | 12.91 | 13.08 | 476,363 | |
11/08/2024 | 13.09 | 13.27 | 13.05 | 13.14 | 565,503 |
| 13.40 | 13.69 | 13.33 | 13.65 | 486,815 |
| Backtest Steelcase | | | Steelcase History | | | Steelcase Valuation | Previous | Next |
Steelcase Trading Date Momentum on November 8, 2024
| On November 11 2024 Steelcase was traded for 13.65 at the closing time. Highest Steelcase's price during the trading hours was 13.69 and the lowest price during the day was 13.33 . The net volume was 486.8 K. The overall trading history on the 11th of November 2024 contributed to the next trading period price appreciation. The trading price change to the next next day price was 3.88% . The trading price change to current price is 0.30% . |
Steelcase Fundamentals Correlations and Trends
By evaluating Steelcase'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 Steelcase's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Steelcase financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Steelcase Stock history
Steelcase 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 Steelcase is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Steelcase 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 Steelcase stock prices may prove useful in developing a viable investing in Steelcase
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 114.5 M | 108.5 M | |
| Net Income Applicable To Common Shares | 199.7 M | 209.7 M |
Steelcase Quarterly Net Working Capital |
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Steelcase Stock Technical Analysis
Steelcase 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
Steelcase Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Steelcase 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.
Steelcase November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Steelcase stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Steelcase shares will generate the highest return on investment. By undertsting and applying Steelcase stock market strength indicators, traders can identify Steelcase entry and exit signals to maximize returns
Steelcase Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Steelcase's price direction in advance. Along with the technical and fundamental analysis of Steelcase Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Steelcase 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 | 0.0172 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0135 |
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Additional Tools for Steelcase Stock Analysis
When running Steelcase's price analysis, check to measure Steelcase'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 Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.