Steel Dynamics Stock Price History

STLD Stock  USD 128.22  0.68  0.53%   
Below is the normalized historical share price chart for Steel Dynamics extending back to November 22, 1996. 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 Steel Dynamics stands at 128.22, as last reported on the 5th of October, with the highest price reaching 130.78 and the lowest price hitting 127.66 during the day.
IPO Date
21st of November 1996
200 Day MA
126.6685
50 Day MA
119.7494
Beta
1.328
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Steel Stock, it is important to understand the factors that can impact its price. At this point, Steel Dynamics is very steady. Steel Dynamics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0371, which indicates the firm had a 0.0371% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Steel Dynamics, which you can use to evaluate the volatility of the company. Please validate Steel Dynamics' Risk Adjusted Performance of 0.0214, semi deviation of 1.86, and Coefficient Of Variation of 5240.3 to confirm if the risk estimate we provide is consistent with the expected return of 0.0726%.
  
At present, Steel Dynamics' Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 15.7 B, whereas Common Stock Total Equity is forecasted to decline to about 645.6 K. . At present, Steel Dynamics' Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 11.09, whereas Price Earnings To Growth Ratio is projected to grow to (0.25). Steel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0371

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Estimated Market Risk

 1.95
  actual daily
17
83% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
2
98% of assets perform better
Based on monthly moving average Steel Dynamics is performing at about 2% 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 Steel Dynamics by adding it to a well-diversified portfolio.
Price Book
2.1668
Enterprise Value Ebitda
6.8741
Price Sales
1.0902
Shares Float
143.9 M
Dividend Share
1.77

Steel Dynamics Stock Price History Chart

There are several ways to analyze Steel Stock price data. The simplest method is using a basic Steel candlestick price chart, which shows Steel Dynamics 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 PriceJuly 31, 2024132.73
Lowest PriceSeptember 11, 2024107.71

Steel Dynamics October 5, 2024 Stock Price Synopsis

Various analyses of Steel Dynamics' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Steel Stock. It can be used to describe the percentage change in the price of Steel Dynamics from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Steel Stock.
Steel Dynamics Price Daily Balance Of Power 0.22 
Steel Dynamics Price Rate Of Daily Change 1.01 
Steel Dynamics Price Action Indicator(0.66)

Steel Dynamics October 5, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Steel 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 Steel Dynamics intraday prices and daily technical indicators to check the level of noise trading in Steel Stock and then apply it to test your longer-term investment strategies against Steel.

Steel Stock Price History Data

The price series of Steel Dynamics for the period between Sun, Jul 7, 2024 and Sat, Oct 5, 2024 has a statistical range of 25.02 with a coefficient of variation of 5.41. The price distribution for the period has arithmetic mean of 121.28. The median price for the last 90 days is 120.97. The company completed stock split (2:1) on 31st of March 2008. Steel Dynamics had dividends distributed to its stock-holders on 2024-09-30.
OpenHighLowCloseVolume
10/05/2024
 130.17  130.78  127.66  128.22 
10/04/2024 130.17  130.78  127.66  128.22  800,427 
10/03/2024 126.53  127.94  125.30  127.54  897,754 
10/02/2024 129.57  130.67  127.22  127.60  1,160,033 
10/01/2024 126.04  129.50  126.04  129.23  1,119,960 
09/30/2024 125.83  126.72  124.55  126.08  882,181 
09/27/2024 125.68  127.53  125.30  125.52  957,397 
09/26/2024 125.85  126.62  124.32  124.78  1,253,077 
09/25/2024 124.14  124.27  122.49  122.89  1,022,970 
09/24/2024 122.80  125.35  122.68  124.21  1,646,184 
09/23/2024 119.56  121.14  119.18  120.52  1,395,819 
09/20/2024 116.19  119.55  116.19  119.39  6,833,780 
09/19/2024 118.35  119.72  116.80  119.65  1,674,118 
09/18/2024 114.00  117.01  113.00  114.70  1,476,460 
09/17/2024 111.42  115.79  110.50  114.07  2,082,924 
09/16/2024 112.70  112.98  110.41  110.60  1,449,279 
09/13/2024 111.22  113.72  110.89  112.43  1,031,472 
09/12/2024 108.68  110.26  107.45  110.14  1,330,571 
09/11/2024 108.14  108.43  104.22  107.71  1,798,138 
09/10/2024 110.15  110.53  107.68  108.34  1,796,353 
09/09/2024 112.37  113.10  110.29  110.34  1,877,272 
09/06/2024 110.68  112.53  109.69  110.59  1,481,999 
09/05/2024 112.89  113.80  110.56  110.91  1,429,394 
09/04/2024 113.55  114.93  111.90  112.71  1,142,431 
09/03/2024 117.62  117.72  112.83  113.54  1,714,710 
08/30/2024 118.69  119.77  117.45  119.07  1,174,161 
08/29/2024 118.04  120.13  116.85  118.37  1,017,484 
08/28/2024 118.46  119.11  117.18  117.60  1,203,637 
08/27/2024 121.74  122.16  120.11  120.97  743,685 
08/26/2024 121.74  123.68  121.49  122.28  1,015,455 
08/23/2024 118.80  120.55  118.19  120.44  703,143 
08/22/2024 118.05  119.24  117.79  118.51  873,723 
08/21/2024 117.11  118.88  116.62  118.62  1,184,601 
08/20/2024 115.78  116.57  114.91  115.53  752,721 
08/19/2024 116.65  117.90  115.06  115.64  939,801 
08/16/2024 115.10  118.09  115.00  116.27  1,115,599 
08/15/2024 116.74  119.56  116.40  117.62  1,603,522 
08/14/2024 115.89  116.66  112.94  114.63  1,401,668 
08/13/2024 115.94  117.00  114.60  116.84  1,220,250 
08/12/2024 118.40  119.23  115.33  115.55  1,323,777 
08/09/2024 119.77  119.93  118.45  118.99  803,622 
08/08/2024 119.48  120.94  119.22  119.77  704,876 
08/07/2024 123.74  125.73  118.63  118.69  1,168,932 
08/06/2024 121.18  123.74  120.92  121.93  943,327 
08/05/2024 117.33  123.10  114.58  120.97  1,469,855 
08/02/2024 122.58  123.34  119.44  120.84  1,342,346 
08/01/2024 132.08  133.47  124.18  125.89  1,474,057 
07/31/2024 129.49  134.83  129.21  132.73  1,394,849 
07/30/2024 130.31  131.00  128.35  128.38  866,481 
07/29/2024 130.40  130.88  128.59  130.04  1,077,029 
07/26/2024 127.71  131.34  127.33  130.06  1,064,732 
07/25/2024 124.55  128.20  123.31  127.13  1,594,211 
07/24/2024 126.48  126.97  122.71  122.84  1,052,410 
07/23/2024 126.15  127.02  124.89  126.16  1,361,679 
07/22/2024 127.87  127.99  125.04  127.30  1,141,644 
07/19/2024 128.70  129.29  126.45  127.97  1,226,004 
07/18/2024 126.99  132.93  126.69  128.66  2,301,857 
07/17/2024 132.32  132.75  129.45  129.60  1,496,537 
07/16/2024 129.72  132.52  128.17  132.23  1,055,991 
07/15/2024 131.10  136.77  130.68  131.43  2,048,881 
07/12/2024 129.80  130.27  128.63  128.75  1,085,042 

About Steel Dynamics Stock history

Steel Dynamics 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 Steel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Steel Dynamics 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 Steel Dynamics stock prices may prove useful in developing a viable investing in Steel Dynamics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding167.4 M228 M
Net Income Applicable To Common Shares4.4 B4.7 B

Steel Dynamics Quarterly Net Working Capital

3.58 Billion

Steel Dynamics Stock Technical Analysis

Steel Dynamics 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 Steel Dynamics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Steel Dynamics 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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Steel Dynamics Technical and Predictive Indicators

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

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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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