Steelcast (India) Price on November 10, 2023
| STEELCAS | 912.70 86.75 10.50% |
If you're considering investing in Steelcast Stock, it is important to understand the factors that can impact its price. As of today, the current price of Steelcast stands at 912.70, as last reported on the 11th of December 2024, with the highest price reaching 920.00 and the lowest price hitting 864.05 during the day. Steelcast appears to be very steady, given 3 months investment horizon. Steelcast Limited 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. We have found thirty technical indicators for Steelcast Limited, which you can use to evaluate the volatility of the company. Please review Steelcast's Coefficient Of Variation of 835.98, risk adjusted performance of 0.0938, and Semi Deviation of 2.05 to confirm if our risk estimates are consistent with your expectations.
At present, Steelcast's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 355.3 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 19.8 M. . Steelcast Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Steelcast |
Sharpe Ratio = 0.125
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Estimated Market Risk
| 2.8 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Steelcast 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 Steelcast by adding it to a well-diversified portfolio.
Price Book 5.8332 | Book Value 133.209 | Enterprise Value 16.1 B | Enterprise Value Ebitda 16.2121 | Price Sales 4.9569 |
Steelcast Valuation on November 10, 2023
It is possible to determine the worth of Steelcast on a given historical date. On November 10, 2023 Steelcast was worth 607.5 at the beginning of the trading date compared to the closed value of 614.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Steelcast stock. Still, in general, we apply an absolute valuation method to find Steelcast'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 Steelcast where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Steelcast's related companies.
| Open | High | Low | Close | Volume | |
| 636.02 | 636.52 | 605.58 | 611.89 | 44,906 | |
11/10/2023 | 607.50 | 621.02 | 607.50 | 614.46 | 15,302 |
| 636.27 | 636.27 | 611.89 | 614.51 | 29,260 |
| Backtest Steelcast | | | Steelcast History | | | Steelcast Valuation | Previous | Next |
Steelcast Trading Date Momentum on November 10, 2023
| On November 13 2023 Steelcast Limited was traded for 614.51 at the closing time. The highest price during the trading period was 636.27 and the lowest recorded bid was listed for 611.89 . The volume for the day was 29.3 K. This history from November 13, 2023 contributed to the next trading day price jump. The trading price change to the next closing price was 0.01% . The trading price change to the current price is 2.93% . |
Steelcast Limited Fundamentals Correlations and Trends
By evaluating Steelcast'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 Steelcast's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Steelcast financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Steelcast Stock history
Steelcast 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 Steelcast is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Steelcast Limited 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 Steelcast stock prices may prove useful in developing a viable investing in Steelcast
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 23.3 M | 19.8 M | |
| Net Income Applicable To Common Shares | 382.6 M | 218 M |
Steelcast Quarterly Net Working Capital |
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Steelcast Stock Technical Analysis
Steelcast 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
Steelcast Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Steelcast Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Steelcast December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Steelcast stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Steelcast shares will generate the highest return on investment. By undertsting and applying Steelcast stock market strength indicators, traders can identify Steelcast Limited entry and exit signals to maximize returns
Steelcast Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Steelcast's price direction in advance. Along with the technical and fundamental analysis of Steelcast Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Steelcast 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 | 0.0938 | |||
| Jensen Alpha | 0.3034 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0855 | |||
| Treynor Ratio | 2.7 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Steelcast Stock analysis
When running Steelcast's price analysis, check to measure Steelcast'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 Steelcast is operating at the current time. Most of Steelcast's value examination focuses on studying past and present price action to predict the probability of Steelcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcast's price. Additionally, you may evaluate how the addition of Steelcast to your portfolios can decrease your overall portfolio volatility.
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