United States Steel Stock Market Value

X Stock  USD 47.40  0.06  0.13%   
United States' market value is the price at which a share of United States stock trades on a public exchange. It measures the collective expectations of United States Steel investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of United States Steel and determine expected loss or profit from investing in United States over a given investment horizon.
Check out United States Correlation, United States Volatility and United States Alpha and Beta module to complement your research on United States.
Symbol

United States Steel Valuation

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.

United States 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to United States' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of United States.
0.00
02/01/2024
No Change 0.00  0.0 
In 31 days
03/02/2024
0.00
If you would invest  0.00  in United States on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding United States Steel or generate 0.0% return on investment in United States over 30 days. United States is related to or competes with Visteon Corp, Guangzhou Automobile, Taiwan Semiconductor, STMicroelectronics, Qorvo, Wabash National, and Modine Manufacturing. United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and... More

United States Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure United States' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess United States Steel upside and downside potential and time the market with a certain degree of confidence.

United States Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for United States' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United States' standard deviation. In reality, there are many statistical measures that can use United States historical prices to predict the future United States' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of United States' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of United States in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
44.2047.7251.24
Details
Intrinsic
Valuation
LowRealHigh
36.8940.4152.14
Details
9 Analysts
Consensus
LowTargetHigh
25.1227.6030.64
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.600.931.28
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as United States. Your research has to be compared to or analyzed against United States' peers to derive any actionable benefits. When done correctly, United States' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in United States Steel.

United States Steel Backtested Returns

United States appears to be very steady, given 3 months investment horizon. United States Steel owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had 0.14% return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found thirty technical indicators for United States Steel, which you can use to evaluate the future volatility of the company. Please review United States' Risk Adjusted Performance of 0.1049, semi deviation of 0.3076, and Coefficient Of Variation of 653.72 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, United States holds a performance score of 10. The entity has a beta of 0.86, which indicates possible diversification benefits within a given portfolio. United States returns are very sensitive to returns on the market. As the market goes up or down, United States is expected to follow. Our main philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. Please operates United States total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness to make a quick decision on whether United States Steel existing price patterns will revert.

Auto-correlation

    
  0.01  

Virtually no predictability

United States Steel has virtually no predictability. Overlapping area represents the amount of predictability between United States time series from 1st of February 2024 to 16th of February 2024 and 16th of February 2024 to 2nd of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of United States Steel price movement. The serial correlation of 0.01 indicates that just 1.0% of current United States price fluctuation can be explain by its past prices.
Correlation Coefficient0.01
Spearman Rank Test0.14
Residual Average0.0
Price Variance0.43

United States Steel lagged returns against current returns

Autocorrelation, which is United States stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting United States' stock expected returns. We can calculate the autocorrelation of United States returns to help us make a trade decision. For example, suppose you find that United States stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

United States regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If United States stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United States stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United States stock over time.
   Current vs Lagged Prices   
       Timeline  

United States Lagged Returns

When evaluating United States' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United States stock have on its future price. United States autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, United States autocorrelation shows the relationship between United States stock current value and its past values and can show if there is a momentum factor associated with investing in United States Steel.
   Regressed Prices   
       Timeline  

United States Investors Sentiment

The influence of United States' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in United. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to United States' public news can be used to forecast risks associated with an investment in United. The trend in average sentiment can be used to explain how an investor holding United can time the market purely based on public headlines and social activities around United States Steel. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
United States' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for United States' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average United States' news discussions. The higher the estimated score, the more favorable is the investor's outlook on United States.

United States Implied Volatility

    
  22.69  
United States' implied volatility exposes the market's sentiment of United States Steel stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if United States' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that United States stock will not fluctuate a lot when United States' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards United States in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, United States' short interest history, or implied volatility extrapolated from United States options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether United States Steel offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United States' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United States Steel Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United States Steel Stock:
Check out United States Correlation, United States Volatility and United States Alpha and Beta module to complement your research on United States.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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