Algoma Steel Group Stock Performance
| ASTLW Stock | USD 0.78 0.01 1.27% |
The firm shows a Beta (market volatility) of 1.41, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Algoma Steel will likely underperform. At this point, Algoma Steel Group has a negative expected return of -1.3%. Please make sure to confirm Algoma Steel's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Algoma Steel Group performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Algoma Steel Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of conflicting performance in the last few months, the Stock's essential indicators remain fairly stable which may send shares a bit higher in March 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
1 | Heres Why Algoma Steel Group Can Afford Some Debt - Simply Wall St | 01/06/2025 |
2 | Algoma Steel Group to Participate in the BMO 34th Global Metals, Mining Critical Minerals Conference | 02/24/2025 |
| Begin Period Cash Flow | 247.4 M |
Algoma |
Algoma Steel Relative Risk vs. Return Landscape
If you would invest 187.00 in Algoma Steel Group on November 29, 2024 and sell it today you would lose (109.00) from holding Algoma Steel Group or give up 58.29% of portfolio value over 90 days. Algoma Steel Group is currently producing negative expected returns and takes up 5.8608% volatility of returns over 90 trading days. Put another way, 52% of traded stocks are less volatile than Algoma, and 99% 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 = -0.2213
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| Negative Returns | ASTLW |
Estimated Market Risk
| 5.86 actual daily | 52 52% of assets are less volatile |
Expected Return
| -1.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Algoma Steel is not performing at its full potential. However, 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 Algoma Steel 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 | -0.1 | ||||
| Return On Asset | -0.0352 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | (0.17) % | ||||
| Revenue | 2.8 B | ||||
| Gross Profit | 28.5 M | ||||
| EBITDA | 301.9 M | ||||
| Net Income | 105.2 M | ||||
| Cash And Equivalents | 21.9 M | ||||
| Cash Per Share | 0.22 X | ||||
| Total Debt | 146.1 M | ||||
| Debt To Equity | 1.39 % | ||||
| Current Ratio | 3.20 X | ||||
| Book Value Per Share | 13.54 X | ||||
| Cash Flow From Operations | 294.9 M | ||||
| Earnings Per Share | (0.62) X | ||||
| Total Asset | 2.68 B | ||||
| Retained Earnings | 288.4 M | ||||
| Working Capital | 834 M | ||||
About Algoma Steel Performance
Evaluating Algoma Steel's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. 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. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 106.62 | 68.16 | |
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.07 | 0.04 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.08 | 0.09 |
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.| Algoma Steel Group generated a negative expected return over the last 90 days | |
| Algoma Steel Group has high historical volatility and very poor performance | |
| Algoma Steel Group has some characteristics of a very speculative penny stock | |
| Algoma Steel Group has high likelihood to experience some financial distress in the next 2 years | |
| Algoma Steel Group has a poor financial position based on the latest SEC disclosures | |
| Latest headline from globenewswire.com: Algoma Steel Group to Participate in the BMO 34th Global Metals, Mining Critical Minerals Conference |
- 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.
Additional 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.