Worthington Steel Stock Price on October 9, 2024
| WS Stock | 44.90 0.00 0.00% |
If you're considering investing in Worthington Stock, it is important to understand the factors that can impact its price. As of today, the current price of Worthington Steel stands at 44.90, as last reported on the 11th of December 2024, with the highest price reaching 45.37 and the lowest price hitting 44.06 during the day. Worthington Steel appears to be very steady, given 3 months investment horizon. Worthington Steel shows Sharpe Ratio of 0.18, which attests that the company had a 0.18% return per unit of risk over the last 3 months. By examining Worthington Steel's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize Worthington Steel's Downside Deviation of 2.88, mean deviation of 2.18, and Market Risk Adjusted Performance of 4.48 to validate if our risk estimates are consistent with your expectations.
At this time, Worthington Steel's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 1.9 B in 2024, whereas Capital Stock is likely to drop 0.00 in 2024. . At this time, Worthington Steel's Price To Operating Cash Flows Ratio is comparatively stable compared to the past year. Price Cash Flow Ratio is likely to gain to 14.30 in 2024, whereas Price To Sales Ratio is likely to drop 0.47 in 2024. Worthington Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Worthington |
Sharpe Ratio = 0.1799
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Estimated Market Risk
| 3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Worthington Steel is performing at about 14% 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 Worthington Steel by adding it to a well-diversified portfolio.
Price Book 2.2024 | Enterprise Value Ebitda 9.6848 | Price Sales 0.672 | Shares Float 35.3 M | Dividend Share 0.48 |
Worthington Steel Valuation on October 9, 2024
It is possible to determine the worth of Worthington Steel on a given historical date. On October 9, 2024 Worthington was worth 33.51 at the beginning of the trading date compared to the closed value of 33.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Worthington Steel stock. Still, in general, we apply an absolute valuation method to find Worthington Steel'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 Worthington Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Worthington Steel's related companies.
| Open | High | Low | Close | Volume | |
| 33.31 | 33.74 | 32.83 | 33.65 | 186,212 | |
10/09/2024 | 33.51 | 34.09 | 33.33 | 33.86 | 138,702 |
| 33.37 | 33.90 | 32.70 | 33.19 | 182,779 |
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Worthington Steel Trading Date Momentum on October 9, 2024
| On October 10 2024 Worthington Steel was traded for 33.19 at the closing time. The highest price during the trading period was 33.90 and the lowest recorded bid was listed for 32.70 . The volume for the day was 182.8 K. This history from October 10, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.98% . The trading price change to the current price is 4.19% . |
Worthington Steel Fundamentals Correlations and Trends
By evaluating Worthington Steel'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 Worthington Steel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Worthington financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Worthington Steel Stock history
Worthington Steel 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 Worthington is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Worthington Steel 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 Worthington Steel stock prices may prove useful in developing a viable investing in Worthington Steel
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 49.3 M | 39.9 M | |
| Net Income Applicable To Common Shares | 78.3 M | 116.9 M |
Worthington Steel Quarterly Net Working Capital |
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Worthington Steel Stock Technical Analysis
Worthington Steel 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
Worthington Steel Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Worthington Steel 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.
Worthington Steel December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Worthington Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Worthington Steel shares will generate the highest return on investment. By undertsting and applying Worthington Steel stock market strength indicators, traders can identify Worthington Steel entry and exit signals to maximize returns
Worthington Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Worthington Steel's price direction in advance. Along with the technical and fundamental analysis of Worthington Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Worthington 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 | 0.1434 | |||
| Jensen Alpha | 0.5749 | |||
| Total Risk Alpha | 0.0838 | |||
| Sortino Ratio | 0.1654 | |||
| Treynor Ratio | 4.47 |
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Additional Tools for Worthington Stock Analysis
When running Worthington Steel's price analysis, check to measure Worthington Steel'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 Worthington Steel is operating at the current time. Most of Worthington Steel's value examination focuses on studying past and present price action to predict the probability of Worthington Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Steel's price. Additionally, you may evaluate how the addition of Worthington Steel to your portfolios can decrease your overall portfolio volatility.