United States Steel Stock Price on April 12, 2024
| X Stock | USD 36.50 0.46 1.24% |
Below is the normalized historical share price chart for United States Steel extending back to April 12, 1991. 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 United States stands at 36.50, as last reported on the 30th of April, with the highest price reaching 36.96 and the lowest price hitting 36.42 during the day.
If you're considering investing in United Stock, it is important to understand the factors that can impact its price. United States Steel owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16% return per unit of risk over the last 3 months. United States Steel exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate United States' Coefficient Of Variation of (562.49), risk adjusted performance of (0.11), and Variance of 4.61 to confirm the risk estimate we provide.
At this time, United States' Total Stockholder Equity is fairly stable compared to the past year. Stock Based Compensation is likely to rise to about 53.5 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 143.2 M in 2024. . At this time, United States' Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 1.76 in 2024, whereas Price To Sales Ratio is likely to drop 0.40 in 2024. United Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of April 1991 | 200 Day MA 37.4609 | 50 Day MA 42.3626 | Beta 2.057 |
United |
Sharpe Ratio = -0.1639
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | X |
Estimated Market Risk
| 2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average United States 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 United States by adding United States to a well-diversified portfolio.
Price Book 0.8411 | Enterprise Value Ebitda 5.2495 | Price Sales 0.5147 | Shares Float 221.6 M | Dividend Share 0.2 |
United States Main Headline on 12th of April 2024
US Steel Shareholders Approve Nippon Steels 14.1 Billion Tak... by livemint.com
United States Steel Corp. shareholders voted in favor of a 14.1 billion takeover offer by Nippon Steel Corp., leaving the fate of the deal for the iconic American steelmaker to the realm of US regulators and politics.
United States Valuation on April 12, 2024
It is possible to determine the worth of United States on a given historical date. On April 12, 2024 United was worth 42.53 at the beginning of the trading date compared to the closed value of 41.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United States stock. Still, in general, we apply an absolute valuation method to find United States' 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 United States where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United States' related companies.
| Open | High | Low | Close | Volume | |
| 42.60 | 42.62 | 42.17 | 42.23 | 3,074,608 | |
04/12/2024 | 42.53 | 42.58 | 40.93 | 41.33 | 4,328,300 |
| 41.50 | 41.85 | 40.64 | 40.82 | 2,066,804 |
| Backtest United States | | | United States History | | | United States Valuation | Previous | Next |
United States Trading Date Momentum on April 12, 2024
| On April 15 2024 United States Steel was traded for 40.82 at the closing time. The highest price during the trading period was 41.85 and the lowest recorded bid was listed for 40.64 . The volume for the day was 2.1 M. This history from April 15, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.23% . The trading price change to the current price is 6.85% . |
United States Steel Fundamentals Correlations and Trends
By evaluating United States' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among United States' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. United financial account trend analysis is a perfect complement when working with valuation or volatility modules.About United States Stock history
United States 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 United is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in United States 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 United States stock prices may prove useful in developing a viable investing in United States
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 255.4 M | 143.2 M | |
| Net Income Applicable To Common Shares | 2.9 B | 3 B |
United States Quarterly Net Working Capital |
|
United States Stock Technical Analysis
United States 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
United States Period Price Range
Low | April 12, 2024
| High |
42.53 | 41.33 |
United States April 30, 2024 Market Strength
Market strength indicators help investors to evaluate how United States stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United States shares will generate the highest return on investment. By undertsting and applying United States stock market strength indicators, traders can identify United States Steel entry and exit signals to maximize returns
| Accumulation Distribution | 167724.0 | |||
| Daily Balance Of Power | (0.73) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 41.76 | |||
| Day Typical Price | 41.61 | |||
| Price Action Indicator | (1.03) | |||
| Period Momentum Indicator | (4.83) | |||
| Relative Strength Index | 35.17 |
United States Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for United States' price direction in advance. Along with the technical and fundamental analysis of United Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of United 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 | (0.11) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.86) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in United States Steel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for United Stock analysis
When running United States' price analysis, check to measure United States' 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 United States is operating at the current time. Most of United States' value examination focuses on studying past and present price action to predict the probability of United States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United States' price. Additionally, you may evaluate how the addition of United States to your portfolios can decrease your overall portfolio volatility.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is United States' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United States. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United States listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.35) | Dividend Share 0.2 | Earnings Share 3.56 | Revenue Per Share 80.321 | Quarterly Revenue Growth (0.04) |
The market value of United States Steel is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United States' market value can be influenced by many factors that don't directly affect United States' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.