Reliance Steel Financials
| RS6 Stock | EUR 285.60 4.70 1.67% |
Reliance |
Reliance Steel Stock Summary
Reliance Steel competes with APPLIED MATERIALS, THRACE PLASTICS, SANOK RUBBER, Materialise, and Vulcan Materials. Reliance Steel Aluminum Co. operates as a metals service center company. Reliance Steel Aluminum Co. was founded in 19 and is headquartered in Los Angeles, California. Reliance Steel operates under Steel classification in Germany and is traded on Frankfurt Stock Exchange. It employs 15600 people.| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US7595091023 |
| Business Address | 350 South Grand |
| Sector | Basic Materials |
| Industry | Steel |
| Benchmark | Dow Jones Industrial |
| Website | www.rsac.com |
| Phone | 213 687 7700 |
| Currency | EUR - Euro |
You should never invest in Reliance Steel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Reliance Stock, because this is throwing your money away. Analyzing the key information contained in Reliance Steel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Reliance Steel Key Financial Ratios
There are many critical financial ratios that Reliance Steel's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Reliance Steel Aluminum reports annually and quarterly.Reliance Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Reliance Steel's current stock value. Our valuation model uses many indicators to compare Reliance Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reliance Steel competition to find correlations between indicators driving Reliance Steel's intrinsic value. More Info.Reliance Steel Aluminum is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.57 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Reliance Steel Aluminum is roughly 1.77 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Reliance Steel's earnings, one of the primary drivers of an investment's value.Reliance Steel Aluminum Systematic Risk
Reliance Steel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Reliance Steel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Reliance Steel Aluminum correlated with the market. If Beta is less than 0 Reliance Steel generally moves in the opposite direction as compared to the market. If Reliance Steel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Reliance Steel Aluminum is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Reliance Steel is generally in the same direction as the market. If Beta > 1 Reliance Steel moves generally in the same direction as, but more than the movement of the benchmark.
Reliance Steel February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Reliance Steel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Reliance Steel Aluminum. We use our internally-developed statistical techniques to arrive at the intrinsic value of Reliance Steel Aluminum based on widely used predictive technical indicators. In general, we focus on analyzing Reliance Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Reliance Steel's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.51 | |||
| Information Ratio | 0.0176 | |||
| Maximum Drawdown | 15.24 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 2.92 |
Complementary Tools for Reliance Stock analysis
When running Reliance Steel's price analysis, check to measure Reliance Steel's 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 Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.
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