Assessment - Iron and Steel in Swiss Franc - 7/01/24 - RS = 26

 ⇐ 

								⇓instrument	freshest		⇓ Δday	7/01/24	Δwk	1/01/24	prc diff	⇓ Δ26		⇓∅-RS
						S		SOM Iron and Steel	301.069	8/12/24	-0.18	325.525	-7.51	325.961	-0.437	-0.13		-0.71
								Pacific Metals	7.500	8/09/24	5.59	7.119	5.34	7.189	-0.069	-0.96		-12.16
						S		Aperam	24.289	8/12/24	-0.63	23.863	1.79	30.494	-6.631	-21.75		-11.55
						S		Bluescope Steel	12.356	8/12/24	-0.44	12.163	1.58	13.366	-1.202	-9.00		-1.53
								Citic Pacific	0.822	8/12/24		0.822		0.836	-0.015	-1.77		-5.30
						S		Vulcan Steel	3.850	8/12/24	0.14	3.894	-1.13	4.436	-0.542	-12.22		-11.39
						L		JSW Steel	9.938	8/12/24	1.35	10.225	-2.81	8.867	1.359	15.33		16.92
								Outokumpu	3.142	8/12/24	0.31	3.282	-4.25	4.159	-0.877	-21.08		-16.18
								ArcelorMittal	19.501	8/12/24	0.30	20.645	-5.54	23.803	-3.158	-13.27		-10.31
						S		Acerinox	8.873	8/12/24	0.05	9.460	-6.20	9.882	-0.422	-4.27		0.41
								Nippon Steel	17.723	8/09/24	1.83	19.328	-8.30	19.126	0.202	1.06		-4.54
								Vallourec	12.959	8/12/24	-0.59	14.248	-9.05	13.007	1.241	9.54		11.38
						S		Tenaris	12.435	8/12/24	0.71	13.807	-9.93	14.603	-0.796	-5.45		-7.19
						S		Posco Holdings	214.002	8/12/24	0.61	242.100	-11.61	323.007	-80.907	-25.05		-20.56
						L		Tata Steel	1.647	8/12/24	0.16	1.886	-12.64	1.406	0.480	34.10		30.04
								voestalpine	21.401	8/12/24	-0.18	24.503	-12.66	26.488	-1.985	-7.49		-3.97
								Ternium Argentina	0.877	8/12/24	-2.32	1.005	-12.80	0.880	0.125	14.23		-15.65
						S		Salzgitter	14.762	8/12/24	-1.23	17.602	-16.13	25.968	-8.367	-32.22		-28.15
								thyssenkrupp	3.218	8/12/24	-1.63	3.967	-18.89	5.854	-1.887	-32.23		-28.79
								Kobe Steel	9.113	8/09/24	1.62	11.286	-19.25	10.804	0.482	4.46		3.67
Iron and Steel - 19 out of 19 instruments rated - 7/01/24 / 1/01/24 - 6 did rise, Market-Ratio(26) in CHF = 31.58 %

 

Technical Chart

	Iron and Steel RS = 26 - B/S = 60/40
1/03/22	scale up chart	7/01/24

 

Transactions Iron and Steel in Swiss Franc * 26 - 60/40 (1)

																⇐
L/S	date buy	date sell	days				instrument	spl	pieces		prc buy	prc sell	ps short	prc diff	d %	asset	yield
1/02/06		11/19/07	686				- cash -
short	11/19/07	5/19/08	182				Pacific Metals	100	9,026		1.108	1.062	1.156	0.048	4	10,431	9
long	5/19/08	7/07/08	49				Outokumpu	100	81		127.222	75.378		-51.844	-41	6,232	-98