Olympic Steel (Germany) Performance
| OYS Stock | 33.20 1.40 4.05% |
Olympic Steel has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of 1.14, which implies a somewhat significant risk relative to the market. Olympic Steel returns are very sensitive to returns on the market. As the market goes up or down, Olympic Steel is expected to follow. Olympic Steel right now holds a risk of 2.84%. Please check Olympic Steel kurtosis, and the relationship between the downside variance and day median price , to decide if Olympic Steel will be following its historical price patterns.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Olympic Steel are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Olympic Steel is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 9.8 M |
Olympic |
Olympic Steel Relative Risk vs. Return Landscape
If you would invest 3,208 in Olympic Steel on November 4, 2024 and sell it today you would earn a total of 112.00 from holding Olympic Steel or generate 3.49% return on investment over 90 days. Olympic Steel is generating 0.0947% of daily returns and assumes 2.8397% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than Olympic, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Olympic Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Olympic Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Olympic Steel, and traders can use it to determine the average amount a Olympic 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 = 0.0334
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| Cash | Small Risk | OYS | High Risk | Huge Risk |
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Estimated Market Risk
| 2.84 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Olympic Steel is performing at about 2% 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 Olympic Steel by adding it to a well-diversified portfolio.
Olympic Steel Fundamentals Growth
Olympic Stock prices reflect investors' perceptions of the future prospects and financial health of Olympic Steel, and Olympic 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 Olympic Stock performance.
| Current Valuation | 600.05 M | |||
| Price To Book | 0.69 X | |||
| Price To Sales | 0.14 X | |||
| Revenue | 2.56 B | |||
| EBITDA | 153.44 M | |||
| Total Debt | 165.66 M | |||
| Cash Flow From Operations | (146.37 M) | |||
| Total Asset | 891.63 M | |||
About Olympic Steel Performance
Assessing Olympic Steel's fundamental ratios provides investors with valuable insights into Olympic Steel's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Olympic Steel is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Olympic Steel performance evaluation
Checking the ongoing alerts about Olympic Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Olympic Steel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Olympic Steel generates negative cash flow from operations |
- Analyzing Olympic 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 Olympic Steel's stock is overvalued or undervalued compared to its peers.
- Examining Olympic 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 Olympic Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Olympic Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Olympic Steel's stock. These opinions can provide insight into Olympic Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Olympic Stock Analysis
When running Olympic Steel's price analysis, check to measure Olympic 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 Olympic Steel is operating at the current time. Most of Olympic Steel's value examination focuses on studying past and present price action to predict the probability of Olympic 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 Olympic Steel's price. Additionally, you may evaluate how the addition of Olympic Steel to your portfolios can decrease your overall portfolio volatility.