Steel Partners Holdings Preferred Stock Price on August 8, 2024
| SPLP-PA Preferred Stock | USD 24.59 0.05 0.20% |
If you're considering investing in Steel Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Steel Partners stands at 24.59, as last reported on the 26th of November, with the highest price reaching 24.69 and the lowest price hitting 24.57 during the day. At this point, Steel Partners is very steady. Steel Partners Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Steel Partners Holdings, which you can use to evaluate the volatility of the company. Please validate Steel Partners' Risk Adjusted Performance of 0.1361, standard deviation of 0.2059, and Downside Deviation of 0.2362 to confirm if the risk estimate we provide is consistent with the expected return of 0.0434%.
Steel Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Steel |
Sharpe Ratio = 0.2086
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Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Steel Partners is performing at about 16% 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 Steel Partners by adding it to a well-diversified portfolio.
Steel Partners Valuation on August 8, 2024
It is possible to determine the worth of Steel Partners on a given historical date. On August 8, 2024 Steel was worth 23.79 at the beginning of the trading date compared to the closed value of 23.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Steel Partners preferred stock. Still, in general, we apply an absolute valuation method to find Steel Partners' 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 Steel Partners where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Steel Partners' related companies.
| Open | High | Low | Close | Volume | |
| 23.75 | 23.87 | 23.63 | 23.79 | 8,175 | |
08/08/2024 | 23.79 | 23.84 | 23.65 | 23.75 | 14,621 |
| 23.78 | 23.80 | 23.76 | 23.78 | 6,568 |
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Steel Partners Trading Date Momentum on August 8, 2024
| On August 09 2024 Steel Partners Holdings was traded for 23.78 at the closing time. The highest price during the trading period was 23.80 and the lowest recorded bid was listed for 23.76 . The volume for the day was 6.6 K. This history from August 9, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.13% . The trading price change to the current price is 0.55% . |
Steel Partners Holdings Fundamentals Correlations and Trends
By evaluating Steel Partners' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Steel Partners' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Steel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Steel Partners Preferred Stock history
Steel Partners 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 Steel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Steel Partners Holdings 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 Steel Partners stock prices may prove useful in developing a viable investing in Steel Partners
Steel Partners Holdings L.P., through its subsidiaries, engages in industrial products, energy, defense, supply chain management, logistics, banking, and youth sports businesses worldwide. The company was founded in 1990 and is based in New York, New York. Steel Partners operates under Conglomerates classification in USA and is traded on New York Stock Exchange. It employs 5300 people.
Steel Partners Preferred Stock Technical Analysis
Steel Partners technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Steel Partners Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Steel Partners Holdings 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.
Steel Partners November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Steel Partners preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Steel Partners shares will generate the highest return on investment. By undertsting and applying Steel Partners preferred stock market strength indicators, traders can identify Steel Partners Holdings entry and exit signals to maximize returns
Steel Partners Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Steel Partners' price direction in advance. Along with the technical and fundamental analysis of Steel Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Steel 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 | 0.1361 | |||
| Jensen Alpha | 0.0353 | |||
| Total Risk Alpha | 0.002 | |||
| Sortino Ratio | (0.36) | |||
| Treynor Ratio | (3.06) |
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Complementary Tools for Steel Preferred Stock analysis
When running Steel Partners' price analysis, check to measure Steel Partners' 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 Steel Partners is operating at the current time. Most of Steel Partners' value examination focuses on studying past and present price action to predict the probability of Steel Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Partners' price. Additionally, you may evaluate how the addition of Steel Partners to your portfolios can decrease your overall portfolio volatility.
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