Tenaris Sa Adr Stock Price on November 22, 2023

TS Stock  USD 37.42  0.42  1.14%   
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 37.42, as last reported on the 22nd of November, with the highest price reaching 37.42 and the lowest price hitting 36.72 during the day.
IPO Date
16th of December 2002
200 Day MA
33.1377
50 Day MA
32.6644
Beta
1.415
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.25, which indicates the firm had a 0.25% 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 359.39, semi deviation of 0.7914, and Risk Adjusted Performance of 0.2178 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.

Sharpe Ratio = 0.2522

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Estimated Market Risk

 1.75
  actual daily
15
85% of assets are more volatile

Expected Return

 0.44
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average Tenaris SA is performing at about 19% 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
1.192
Enterprise Value Ebitda
4.957
Price Sales
1.5693
Shares Float
394.2 M
Dividend Share
0.67

Tenaris SA Main Headline on 22nd of November 2023

Tenaris SA ADR dividend paid on 22nd of November 2023

Tenaris SA Valuation on November 22, 2023

It is possible to determine the worth of Tenaris SA on a given historical date. On November 22, 2023 Tenaris was worth 31.83 at the beginning of the trading date compared to the closed value of 32.31. 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
  32.95    33.04    32.66    32.76    1,548,748  
11/22/2023
  31.83    32.37    31.59    32.31    2,371,386  
  32.58    32.95    32.58    32.75    840,879  
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Open Value
31.83
32.31
Closing Value
37.09
Upside

Tenaris SA Trading Date Momentum on November 22, 2023

On November 24 2023 Tenaris SA ADR was traded for  32.75  at the closing time. The highest price during the trading period was 32.95  and the lowest recorded bid was listed for  32.58 . The volume for the day was 840.9 K. This history from November 24, 2023 contributed to the next trading day price appreciation. The trading price change to the next closing price was 1.36% . The trading price change to the current price is 2.29% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding589.4 M655.2 M
Net Income Applicable To Common Shares2.9 B3.1 B

Tenaris SA Quarterly Net Working Capital

6.66 Billion

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.
A focus of Tenaris SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tenaris SA 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

Tenaris SA Period Price Range

Low
November 22, 2024
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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 22, 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.

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.