Steel Dynamics (Mexico) Today
| STLD Stock | MXN 2,508 0.00 0.00% |
Performance15 of 100
| Odds Of DistressLess than 9
|
Steel Dynamics is trading at 2508.27 as of the 19th of April 2024; that is No Change since the beginning of the trading day. The stock's open price was 2508.27. Steel Dynamics has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Steel Dynamics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. Steel Dynamics, Inc. was incorporated in 1993 and is headquartered in Fort Wayne, Indiana. STEEL DYNAMICS operates under Steel classification in Mexico and is traded on Mexico Stock Exchange. The company has 175.57 M outstanding shares. More on Steel Dynamics
Moving against Steel Stock
| 0.79 | X | United States Steel Earnings Call This Week | PairCorr |
| 0.75 | SIDN | Companhia Siderrgica | PairCorr |
| 0.65 | HBCN | HSBC Holdings plc | PairCorr |
| 0.49 | GGBN | Gerdau SA | PairCorr |
Steel Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Steel Dynamics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Steel Dynamics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Mark Millett |
| Thematic Idea | Iron (View all Themes) |
| Business Concentration | Iron, Steel, Basic Materials (View all Sectors) |
Steel Dynamics (STLD) is traded on Mexican Exchange in Mexico and employs 21 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 405.04 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Steel Dynamics's market, we take the total number of its shares issued and multiply it by Steel Dynamics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Steel Dynamics operates under Basic Materials sector and is part of Steel industry. The entity has 175.57 M outstanding shares.
Steel Dynamics has accumulated about 1.11 B in cash with 4.46 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.46.
Check Steel Dynamics Probability Of Bankruptcy
Ownership AllocationSteel Dynamics maintains a total of 175.57 Million outstanding shares. The majority of Steel Dynamics outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Steel Dynamics to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Steel Dynamics. Please pay attention to any change in the institutional holdings of Steel Dynamics as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Steel Ownership Details
Steel Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Steel Dynamics jumping above the current price in 90 days from now is under 4%. The Steel Dynamics probability density function shows the probability of Steel Dynamics stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Steel Dynamics has a beta of -0.4715. This usually implies as returns on the benchmark increase, returns on holding Steel Dynamics are expected to decrease at a much lower rate. During a bear market, however, Steel Dynamics is likely to outperform the market. Additionally, steel Dynamics has an alpha of 0.3378, implying that it can generate a 0.34 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Steel Dynamics to move above the current price in 90 days from now is under 4 (This Steel Dynamics probability density function shows the probability of Steel Stock to fall within a particular range of prices over 90 days) .
Steel Dynamics Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Steel Dynamics market risk premium is the additional return an investor will receive from holding Steel Dynamics long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Steel Dynamics. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Steel Dynamics' alpha and beta are two of the key measurements used to evaluate Steel Dynamics' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7817 | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.59 | |||
| Risk Adjusted Performance | 0.0994 |
Steel Stock Against Markets
Picking the right benchmark for Steel Dynamics stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Steel Dynamics stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Steel Dynamics is critical whether you are bullish or bearish towards Steel Dynamics at a given time. Please also check how Steel Dynamics' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Steel Dynamics without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
Steel Dynamics Corporate Directors
Steel Dynamics corporate directors refer to members of a Steel Dynamics board of directors. The board of directors generally takes responsibility for the Steel Dynamics' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Steel Dynamics' board members must vote for the resolution. The Steel Dynamics board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Gabriel Shaheen | Independent Director | Profile | |
| James Marcuccilli | Lead Independent Director | Profile | |
| Jurgen Kolb | Independent Director | Profile | |
| Bradley Seaman | Independent Director | Profile |
How to buy Steel Stock?
Before investing in Steel Dynamics, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Steel Dynamics. To buy Steel Dynamics stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Steel Dynamics. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Steel Dynamics stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Steel Dynamics stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Steel Dynamics stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Steel Dynamics, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Steel Stock please use our How to Invest in Steel Dynamics guide.
Already Invested in Steel Dynamics?
The danger of trading Steel Dynamics is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Steel Dynamics is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Steel Dynamics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Steel Dynamics is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Steel Dynamics is a strong investment it is important to analyze Steel Dynamics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Steel Dynamics' future performance. For an informed investment choice regarding Steel Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Dynamics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Steel Stock please use our How to Invest in Steel Dynamics guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Steel Stock analysis
When running Steel Dynamics' price analysis, check to measure Steel Dynamics' 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 Steel Dynamics is operating at the current time. Most of Steel Dynamics' value examination focuses on studying past and present price action to predict the probability of Steel Dynamics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Dynamics' price. Additionally, you may evaluate how the addition of Steel Dynamics to your portfolios can decrease your overall portfolio volatility.
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