Tenaris Sa Adr Stock Price on March 15, 2024
TS Stock | USD 38.09 0.48 1.28% |
Below is the normalized historical share price chart for Tenaris SA ADR extending back to December 16, 2002. 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 Tenaris SA stands at 38.09, as last reported on the 29th of November, with the highest price reaching 38.29 and the lowest price hitting 37.55 during the day.
If you're considering investing in Tenaris Stock, it is important to understand the factors that can impact its price. Tenaris SA appears to be very steady, given 3 months investment horizon. Tenaris SA ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the firm had a 0.28% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tenaris SA ADR, which you can use to evaluate the volatility of the company. Please review Tenaris SA's Coefficient Of Variation of 340.76, risk adjusted performance of 0.2303, and Semi Deviation of 0.7105 to confirm if our risk estimates are consistent with your expectations.
At this time, Tenaris SA's Common Stock Shares Outstanding is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 531.7 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 9.6 B in 2024. . At this time, Tenaris SA's Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 2.21 in 2024, whereas Price Earnings Ratio is likely to drop 4.97 in 2024. Tenaris Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of December 2002 | 200 Day MA 33.2822 | 50 Day MA 33.5426 | Beta 1.415 |
Tenaris |
Sharpe Ratio = 0.2805
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Estimated Market Risk
1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Tenaris SA is performing at about 22% 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 Tenaris SA by adding it to a well-diversified portfolio.
Price Book 1.22 | Enterprise Value Ebitda 4.9906 | Price Sales 1.6026 | Shares Float 394.2 M | Dividend Share 0.67 |
Related Headline
Oceaneering International Headline on 15th of March 2024
Acquisition by Deanna Goodwin of 7994 shares of Oceaneering ... by Deanna Goodwin
Filed transaction by Oceaneering International Director. Grant, award or other acquisition pursuant to Rule 16b-3
Tenaris SA Valuation on March 15, 2024
It is possible to determine the worth of Tenaris SA on a given historical date. On March 15, 2024 Tenaris was worth 37.34 at the beginning of the trading date compared to the closed value of 37.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tenaris SA stock. Still, in general, we apply an absolute valuation method to find Tenaris SA'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 Tenaris SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tenaris SA's related companies.
Open | High | Low | Close | Volume | |
37.64 | 37.64 | 37.15 | 37.26 | 1,788,266 | |
03/15/2024 | 37.34 | 37.55 | 37.00 | 37.19 | 1,867,610 |
37.18 | 37.21 | 36.76 | 37.11 | 1,239,583 |
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Tenaris SA Trading Date Momentum on March 15, 2024
On March 18 2024 Tenaris SA ADR was traded for 37.11 at the closing time. The highest price during the trading period was 37.21 and the lowest recorded bid was listed for 36.76 . The volume for the day was 1.2 M. This history from March 18, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.22% . The trading price change to the current price is 1.59% . |
Tenaris SA ADR Fundamentals Correlations and Trends
By evaluating Tenaris SA'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 Tenaris SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tenaris financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tenaris SA Stock history
Tenaris SA 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 Tenaris is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tenaris SA ADR 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 Tenaris SA stock prices may prove useful in developing a viable investing in Tenaris SA
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 589.4 M | 655.2 M | |
Net Income Applicable To Common Shares | 2.9 B | 3.1 B |
Tenaris SA Quarterly Net Working Capital |
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Tenaris SA Stock Technical Analysis
Tenaris SA 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
Tenaris SA Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Tenaris SA ADR 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.
Tenaris SA November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Tenaris SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tenaris SA shares will generate the highest return on investment. By undertsting and applying Tenaris SA stock market strength indicators, traders can identify Tenaris SA ADR entry and exit signals to maximize returns
Tenaris SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tenaris SA's price direction in advance. Along with the technical and fundamental analysis of Tenaris Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tenaris 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 | 0.2303 | |||
Jensen Alpha | 0.3423 | |||
Total Risk Alpha | 0.2317 | |||
Sortino Ratio | 0.2766 | |||
Treynor Ratio | 0.3892 |
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Additional Tools for Tenaris Stock Analysis
When running Tenaris SA's price analysis, check to measure Tenaris SA'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 Tenaris SA is operating at the current time. Most of Tenaris SA's value examination focuses on studying past and present price action to predict the probability of Tenaris SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenaris SA's price. Additionally, you may evaluate how the addition of Tenaris SA to your portfolios can decrease your overall portfolio volatility.