It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
CMC’s FA Score shows that 3 FA rating(s) are green whileNUE’s FA Score has 3 green FA rating(s).
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
CMC’s TA Score shows that 5 TA indicator(s) are bullish while NUE’s TA Score has 6 bullish TA indicator(s).
CMC (@Steel) experienced а +16.10% price change this week, while NUE (@Steel) price change was +11.54% for the same time period.
The average weekly price growth across all stocks in the @Steel industry was +4.22%. For the same industry, the average monthly price growth was +4.34%, and the average quarterly price growth was -3.61%.
CMC is expected to report earnings on Jan 13, 2025.
NUE is expected to report earnings on Feb 04, 2025.
The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.
CMC | NUE | CMC / NUE | |
Capitalization | 7.14B | 37.3B | 19% |
EBITDA | 964M | 6.23B | 15% |
Gain YTD | 26.826 | -7.700 | -348% |
P/E Ratio | 15.13 | 15.31 | 99% |
Revenue | 7.93B | 32.7B | 24% |
Total Cash | 858M | 506M | 170% |
Total Debt | 1.19B | 6.89B | 17% |
CMC | NUE | ||
---|---|---|---|
OUTLOOK RATING 1..100 | 17 | 68 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 16 Undervalued | 14 Undervalued | |
PROFIT vs RISK RATING 1..100 | 9 | 19 | |
SMR RATING 1..100 | 63 | 53 | |
PRICE GROWTH RATING 1..100 | 42 | 52 | |
P/E GROWTH RATING 1..100 | 8 | 15 | |
SEASONALITY SCORE 1..100 | n/a | 50 |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
NUE's Valuation (14) in the Steel industry is in the same range as CMC (16) in the Metal Fabrication industry. This means that NUE’s stock grew similarly to CMC’s over the last 12 months.
CMC's Profit vs Risk Rating (9) in the Metal Fabrication industry is in the same range as NUE (19) in the Steel industry. This means that CMC’s stock grew similarly to NUE’s over the last 12 months.
NUE's SMR Rating (53) in the Steel industry is in the same range as CMC (63) in the Metal Fabrication industry. This means that NUE’s stock grew similarly to CMC’s over the last 12 months.
CMC's Price Growth Rating (42) in the Metal Fabrication industry is in the same range as NUE (52) in the Steel industry. This means that CMC’s stock grew similarly to NUE’s over the last 12 months.
CMC's P/E Growth Rating (8) in the Metal Fabrication industry is in the same range as NUE (15) in the Steel industry. This means that CMC’s stock grew similarly to NUE’s over the last 12 months.
CMC | NUE | |
---|---|---|
RSI ODDS (%) | 1 day ago70% | 1 day ago59% |
Stochastic ODDS (%) | 1 day ago65% | 1 day ago52% |
Momentum ODDS (%) | 1 day ago79% | 1 day ago72% |
MACD ODDS (%) | 1 day ago73% | 1 day ago80% |
TrendWeek ODDS (%) | 1 day ago75% | 1 day ago76% |
TrendMonth ODDS (%) | 1 day ago73% | 1 day ago76% |
Advances ODDS (%) | 1 day ago76% | 7 days ago76% |
Declines ODDS (%) | 13 days ago65% | 5 days ago67% |
BollingerBands ODDS (%) | 1 day ago67% | 1 day ago65% |
Aroon ODDS (%) | 1 day ago71% | 1 day ago75% |
A.I.dvisor indicates that over the last year, NUE has been closely correlated with STLD. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if NUE jumps, then STLD could also see price increases.
Ticker / NAME | Correlation To NUE | 1D Price Change % | ||
---|---|---|---|---|
NUE | 100% | +0.14% | ||
STLD - NUE | 85% Closely correlated | -0.50% | ||
CLF - NUE | 75% Closely correlated | -2.72% | ||
CMC - NUE | 72% Closely correlated | +0.66% | ||
RS - NUE | 67% Closely correlated | +0.80% | ||
ZEUS - NUE | 55% Loosely correlated | +3.10% | ||
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