ALGOMA STEEL (Germany) Performance
| 9ZY Stock | 10.60 0.20 1.92% |
On a scale of 0 to 100, ALGOMA STEEL holds a performance score of 11. The firm shows a Beta (market volatility) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ALGOMA STEEL's returns are expected to increase less than the market. However, during the bear market, the loss of holding ALGOMA STEEL is expected to be smaller as well. Please check ALGOMA STEEL's semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether ALGOMA STEEL's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in ALGOMA STEEL GROUP are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, ALGOMA STEEL reported solid returns over the last few months and may actually be approaching a breakup point. ...more
ALGOMA |
ALGOMA STEEL Relative Risk vs. Return Landscape
If you would invest 865.00 in ALGOMA STEEL GROUP on August 24, 2024 and sell it today you would earn a total of 195.00 from holding ALGOMA STEEL GROUP or generate 22.54% return on investment over 90 days. ALGOMA STEEL GROUP is currently producing 0.3403% returns and takes up 2.3622% volatility of returns over 90 trading days. Put another way, 21% of traded stocks are less volatile than ALGOMA, and 94% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
ALGOMA STEEL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALGOMA STEEL's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ALGOMA STEEL GROUP, and traders can use it to determine the average amount a ALGOMA STEEL's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1441
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Estimated Market Risk
| 2.36 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average ALGOMA STEEL is performing at about 11% 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 ALGOMA STEEL by adding it to a well-diversified portfolio.
ALGOMA STEEL Fundamentals Growth
ALGOMA Stock prices reflect investors' perceptions of the future prospects and financial health of ALGOMA STEEL, and ALGOMA STEEL fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ALGOMA Stock performance.
| Return On Equity | 0.66 | |||
| Return On Asset | 0.28 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.31 % | |||
| Shares Outstanding | 103.86 M | |||
| Revenue | 3.54 B | |||
| EBITDA | 1.19 B | |||
| Book Value Per Share | 14.78 X | |||
| Earnings Per Share | 4.58 X | |||
About ALGOMA STEEL Performance
By analyzing ALGOMA STEEL's fundamental ratios, stakeholders can gain valuable insights into ALGOMA STEEL's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ALGOMA STEEL has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ALGOMA STEEL has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about ALGOMA STEEL GROUP performance evaluation
Checking the ongoing alerts about ALGOMA STEEL for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ALGOMA STEEL GROUP help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 70.0% of the company shares are owned by institutions such as pension funds |
- Analyzing ALGOMA STEEL's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ALGOMA STEEL's stock is overvalued or undervalued compared to its peers.
- Examining ALGOMA STEEL's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ALGOMA STEEL's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ALGOMA STEEL's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ALGOMA STEEL's stock. These opinions can provide insight into ALGOMA STEEL's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ALGOMA Stock analysis
When running ALGOMA STEEL's price analysis, check to measure ALGOMA 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 ALGOMA STEEL is operating at the current time. Most of ALGOMA STEEL's value examination focuses on studying past and present price action to predict the probability of ALGOMA 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 ALGOMA STEEL's price. Additionally, you may evaluate how the addition of ALGOMA STEEL to your portfolios can decrease your overall portfolio volatility.
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