Salzgitter (Germany) Price on June 28, 2024

SZG Stock   17.47  0.40  2.24%   
If you're considering investing in Salzgitter Stock, it is important to understand the factors that can impact its price. As of today, the current price of Salzgitter stands at 17.47, as last reported on the 11th of December 2024, with the highest price reaching 17.77 and the lowest price hitting 17.19 during the day. Salzgitter appears to be somewhat reliable, given 3 months investment horizon. Salzgitter AG owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0786, which indicates the firm had a 0.0786% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Salzgitter AG, which you can use to evaluate the volatility of the company. Please review Salzgitter's Semi Deviation of 2.55, coefficient of variation of 1156.19, and Risk Adjusted Performance of 0.0711 to confirm if our risk estimates are consistent with your expectations.
  
Salzgitter Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0786

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Estimated Market Risk

 5.5
  actual daily
48
52% of assets are more volatile

Expected Return

 0.43
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Salzgitter is performing at about 6% 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 Salzgitter by adding it to a well-diversified portfolio.

Salzgitter Valuation on June 28, 2024

It is possible to determine the worth of Salzgitter on a given historical date. On June 28, 2024 Salzgitter was worth 18.0 at the beginning of the trading date compared to the closed value of 18.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Salzgitter stock. Still, in general, we apply an absolute valuation method to find Salzgitter'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 Salzgitter where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Salzgitter's related companies.
 Open High Low Close Volume
  18.37    18.37    18.02    18.02    80,453  
06/28/2024
  18.00    18.32    17.96    18.05    77,583  
  18.24    18.59    18.15    18.16    85,856  
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Open Value
18.0
18.05
Closing Value
34.50
Upside

Salzgitter Trading Date Momentum on June 28, 2024

On July 01 2024 Salzgitter AG was traded for  18.16  at the closing time. The highest price during the trading period was 18.59  and the lowest recorded bid was listed for  18.15 . The volume for the day was 85.9 K. This history from July 1, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.61% . The trading price change to the current price is 3.71% .

Salzgitter AG Fundamentals Correlations and Trends

By evaluating Salzgitter'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 Salzgitter's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Salzgitter financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Salzgitter Stock history

Salzgitter 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 Salzgitter is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Salzgitter AG 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 Salzgitter stock prices may prove useful in developing a viable investing in Salzgitter

Salzgitter Stock Technical Analysis

Salzgitter 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.
A focus of Salzgitter technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Salzgitter trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Salzgitter Period Price Range

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Salzgitter December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Salzgitter stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Salzgitter shares will generate the highest return on investment. By undertsting and applying Salzgitter stock market strength indicators, traders can identify Salzgitter AG entry and exit signals to maximize returns

Salzgitter Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Salzgitter's price direction in advance. Along with the technical and fundamental analysis of Salzgitter Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Salzgitter 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.

Additional Tools for Salzgitter Stock Analysis

When running Salzgitter's price analysis, check to measure Salzgitter'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 Salzgitter is operating at the current time. Most of Salzgitter's value examination focuses on studying past and present price action to predict the probability of Salzgitter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Salzgitter's price. Additionally, you may evaluate how the addition of Salzgitter to your portfolios can decrease your overall portfolio volatility.