STMicroelectronics (France) Price on September 4, 2024
| STMPA Stock | 24.27 0.51 2.15% |
If you're considering investing in STMicroelectronics Stock, it is important to understand the factors that can impact its price. As of today, the current price of STMicroelectronics stands at 24.27, as last reported on the 30th of November, with the highest price reaching 24.31 and the lowest price hitting 23.61 during the day. STMicroelectronics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0985, which indicates the firm had a -0.0985% return per unit of standard deviation over the last 3 months. STMicroelectronics NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate STMicroelectronics' variance of 5.13, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide.
STMicroelectronics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
STMicroelectronics |
Sharpe Ratio = -0.0985
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Estimated Market Risk
| 2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average STMicroelectronics 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 STMicroelectronics by adding STMicroelectronics to a well-diversified portfolio.
STMicroelectronics Valuation on September 4, 2024
It is possible to determine the worth of STMicroelectronics on a given historical date. On September 4, 2024 STMicroelectronics was worth 26.4 at the beginning of the trading date compared to the closed value of 26.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of STMicroelectronics stock. Still, in general, we apply an absolute valuation method to find STMicroelectronics' 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 STMicroelectronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against STMicroelectronics' related companies.
| Open | High | Low | Close | Volume | |
| 28.58 | 28.77 | 27.18 | 27.27 | 2,921,529 | |
09/04/2024 | 26.40 | 27.06 | 26.30 | 26.94 | 2,991,769 |
| 26.80 | 26.93 | 26.42 | 26.53 | 2,098,832 |
| Backtest STMicroelectronics | | | STMicroelectronics History | Previous | Next |
STMicroelectronics Trading Date Momentum on September 4, 2024
| On September 05 2024 STMicroelectronics NV was traded for 26.53 at the closing time. The highest price during the trading period was 26.93 and the lowest recorded bid was listed for 26.42 . The volume for the day was 2.1 M. This history from September 5, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.52% . The trading price change to the current price is 5.23% . |
Price Boundaries
STMicroelectronics Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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STMicroelectronics November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how STMicroelectronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading STMicroelectronics shares will generate the highest return on investment. By undertsting and applying STMicroelectronics stock market strength indicators, traders can identify STMicroelectronics NV entry and exit signals to maximize returns
STMicroelectronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for STMicroelectronics' price direction in advance. Along with the technical and fundamental analysis of STMicroelectronics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of STMicroelectronics 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 | (0.07) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.66) |
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Additional Tools for STMicroelectronics Stock Analysis
When running STMicroelectronics' price analysis, check to measure STMicroelectronics' 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 STMicroelectronics is operating at the current time. Most of STMicroelectronics' value examination focuses on studying past and present price action to predict the probability of STMicroelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STMicroelectronics' price. Additionally, you may evaluate how the addition of STMicroelectronics to your portfolios can decrease your overall portfolio volatility.