SAL Steel (India) Price History

SALSTEEL   24.04  0.12  0.50%   
Below is the normalized historical share price chart for SAL Steel Limited extending back to November 24, 2004. 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 SAL Steel stands at 24.04, as last reported on the 24th of November, with the highest price reaching 24.79 and the lowest price hitting 23.71 during the day.
200 Day MA
22.5727
50 Day MA
26.431
Beta
0.562
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in SAL Stock, it is important to understand the factors that can impact its price. At this point, SAL Steel is not too volatile. SAL Steel Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0093, which indicates the company had a 0.0093% return per unit of volatility over the last 3 months. We have found thirty technical indicators for SAL Steel Limited, which you can use to evaluate the volatility of the entity. Please validate SAL Steel's Market Risk Adjusted Performance of (0.68), downside deviation of 3.46, and Risk Adjusted Performance of 0.0695 to confirm if the risk estimate we provide is consistent with the expected return of 0.0334%.
  
The current year's Total Stockholder Equity is expected to grow to about 424.3 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 67.9 M. . SAL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0093

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Negative ReturnsSALSTEEL

Estimated Market Risk

 3.6
  actual daily
32
68% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average SAL Steel 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 SAL Steel by adding SAL Steel to a well-diversified portfolio.
Price Book
4.513
Book Value
4.946
Enterprise Value
3.3 B
Enterprise Value Ebitda
14.0493
Price Sales
0.3842

SAL Steel Stock Price History Chart

There are several ways to analyze SAL Stock price data. The simplest method is using a basic SAL candlestick price chart, which shows SAL Steel price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 27, 202429.57
Lowest PriceSeptember 3, 202421.73

SAL Steel November 24, 2024 Stock Price Synopsis

Various analyses of SAL Steel's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell SAL Stock. It can be used to describe the percentage change in the price of SAL Steel from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of SAL Stock.
SAL Steel Price Rate Of Daily Change 1.00 
SAL Steel Price Daily Balance Of Power(0.11)
SAL Steel Price Action Indicator(0.27)

SAL Steel November 24, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in SAL Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use SAL Steel intraday prices and daily technical indicators to check the level of noise trading in SAL Stock and then apply it to test your longer-term investment strategies against SAL.

SAL Stock Price History Data

The price series of SAL Steel for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 has a statistical range of 8.98 with a coefficient of variation of 8.0. The price distribution for the period has arithmetic mean of 25.67. The median price for the last 90 days is 25.91.
OpenHighLowCloseVolume
11/24/2024
 24.74  24.79  23.71  24.04 
11/22/2024 24.74  24.79  23.71  24.04  69,342 
11/21/2024 25.00  25.58  24.00  24.16  101,750 
11/20/2024 25.20  25.20  25.20  25.20  1.00 
11/19/2024 25.89  25.89  24.94  25.20  62,168 
11/18/2024 24.39  26.00  23.50  25.20  98,127 
11/14/2024 24.49  25.41  24.14  24.39  85,801 
11/13/2024 26.26  26.27  23.78  24.06  253,546 
11/12/2024 26.23  27.14  25.50  25.77  76,954 
11/11/2024 27.25  27.65  26.20  26.23  105,036 
11/08/2024 27.87  28.64  26.55  26.87  136,698 
11/07/2024 28.39  29.23  27.59  27.98  213,934 
11/06/2024 26.39  28.27  25.66  27.83  310,089 
11/05/2024 26.94  26.94  25.66  25.91  115,926 
11/04/2024 26.30  26.72  25.65  26.30  126,191 
11/01/2024 25.20  25.20  25.20  25.20  77,089 
10/31/2024 24.88  25.60  24.88  25.20  45,137 
10/30/2024 24.75  25.39  24.55  24.88  62,320 
10/29/2024 25.75  25.75  24.26  25.17  279,177 
10/28/2024 24.76  25.86  24.22  24.93  72,185 
10/25/2024 25.00  25.80  24.26  24.76  130,978 
10/24/2024 25.99  26.99  24.55  25.33  165,622 
10/23/2024 23.60  26.20  23.60  25.68  377,690 
10/22/2024 26.47  26.47  24.91  25.97  269,516 
10/21/2024 26.49  26.60  25.22  25.76  126,068 
10/18/2024 24.90  26.80  24.45  26.11  270,270 
10/17/2024 27.00  27.04  24.55  24.98  177,156 
10/16/2024 26.01  26.65  25.56  25.93  76,131 
10/15/2024 27.40  27.40  26.10  26.60  73,519 
10/14/2024 27.50  27.90  26.52  26.98  106,671 
10/11/2024 26.75  28.09  26.06  26.59  150,955 
10/10/2024 28.19  28.49  27.00  27.33  110,353 
10/09/2024 27.50  28.47  27.50  27.80  149,232 
10/08/2024 26.19  27.90  25.92  27.26  196,789 
10/07/2024 28.69  28.69  25.48  25.92  461,823 
10/04/2024 29.49  29.49  28.00  28.32  361,818 
10/03/2024 28.89  29.90  28.01  28.58  351,975 
10/01/2024 28.35  29.70  27.76  29.00  441,577 
09/30/2024 29.93  29.93  26.72  27.36  338,396 
09/27/2024 29.85  31.18  29.12  29.57  698,360 
09/26/2024 28.65  29.89  28.55  28.90  424,814 
09/25/2024 29.00  29.74  28.12  28.51  324,126 
09/24/2024 28.91  29.73  28.25  29.02  716,978 
09/23/2024 26.70  28.50  26.70  28.22  502,220 
09/20/2024 25.40  27.79  24.66  26.70  498,232 
09/19/2024 25.25  28.00  25.10  25.39  331,162 
09/18/2024 26.79  26.90  25.75  26.17  402,373 
09/17/2024 27.65  28.04  26.06  26.58  354,056 
09/16/2024 28.99  29.49  26.92  27.65  492,077 
09/13/2024 26.61  28.40  26.51  28.30  667,568 
09/12/2024 27.85  28.62  26.51  26.84  563,802 
09/11/2024 26.08  27.50  26.00  27.12  891,899 
09/10/2024 26.01  27.70  24.72  26.08  1,595,364 
09/09/2024 23.70  25.52  22.69  25.52  759,150 
09/06/2024 23.28  23.80  22.61  23.20  277,321 
09/05/2024 23.10  23.89  21.70  23.26  356,802 
09/04/2024 22.29  23.69  21.67  22.92  289,953 
09/03/2024 22.14  22.40  21.60  21.73  114,618 
09/02/2024 23.13  23.21  21.61  22.14  113,629 
08/30/2024 23.29  23.89  22.70  23.13  180,652 
08/29/2024 22.39  23.24  22.36  22.70  181,622 

About SAL Steel Stock history

SAL 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 SAL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SAL Steel Limited 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 SAL Steel stock prices may prove useful in developing a viable investing in SAL Steel
Last ReportedProjected for Next Year
Common Stock Shares Outstanding78.3 M67.9 M
Net Income Applicable To Common Shares40.7 M42.7 M

SAL Steel Stock Technical Analysis

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

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SAL Steel Technical and Predictive Indicators

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

Complementary Tools for SAL Stock analysis

When running SAL Steel's price analysis, check to measure SAL 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 SAL Steel is operating at the current time. Most of SAL Steel's value examination focuses on studying past and present price action to predict the probability of SAL 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 SAL Steel's price. Additionally, you may evaluate how the addition of SAL Steel to your portfolios can decrease your overall portfolio volatility.
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