SCHNITZER STEEL INDUSTRIES Performance
SCHNDelisted Stock | USD 32.77 0.31 0.96% |
The firm has a beta of -0.4, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SCHNITZER STEEL are expected to decrease at a much lower rate. During the bear market, SCHNITZER STEEL is likely to outperform the market. SCHNITZER STEEL INDU now has a risk of 0.0%. Please validate SCHNITZER STEEL downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if SCHNITZER STEEL will be following its existing price patterns.
Risk-Adjusted Performance
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Over the last 90 days SCHNITZER STEEL INDUSTRIES has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy technical indicators, SCHNITZER STEEL is not utilizing all of its potentials. The newest stock price disarray, may contribute to short-term losses for the investors. ...more
Begin Period Cash Flow | 27.8 M | |
Total Cashflows From Investing Activities | -316.1 M |
SCHNITZER |
SCHNITZER STEEL Relative Risk vs. Return Landscape
If you would invest 3,277 in SCHNITZER STEEL INDUSTRIES on August 28, 2024 and sell it today you would earn a total of 0.00 from holding SCHNITZER STEEL INDUSTRIES or generate 0.0% return on investment over 90 days. SCHNITZER STEEL INDUSTRIES is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than SCHNITZER, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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SCHNITZER STEEL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SCHNITZER STEEL's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SCHNITZER STEEL INDUSTRIES, and traders can use it to determine the average amount a SCHNITZER 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 = 0.0
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Based on monthly moving average SCHNITZER 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 SCHNITZER STEEL by adding SCHNITZER STEEL to a well-diversified portfolio.
SCHNITZER STEEL Fundamentals Growth
SCHNITZER Stock prices reflect investors' perceptions of the future prospects and financial health of SCHNITZER STEEL, and SCHNITZER 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 SCHNITZER Stock performance.
Return On Equity | 0.0121 | |||
Return On Asset | 0.0055 | |||
Profit Margin | 0 % | |||
Operating Margin | 0.01 % | |||
Current Valuation | 1.37 B | |||
Shares Outstanding | 27.31 M | |||
Price To Earning | 16.83 X | |||
Price To Book | 0.92 X | |||
Price To Sales | 0.26 X | |||
Revenue | 3.49 B | |||
EBITDA | 226.86 M | |||
Cash And Equivalents | 43.8 M | |||
Cash Per Share | 1.62 X | |||
Total Debt | 371.87 M | |||
Debt To Equity | 0.39 % | |||
Book Value Per Share | 34.02 X | |||
Cash Flow From Operations | 237.68 M | |||
Earnings Per Share | 0.39 X | |||
Total Asset | 1.83 B | |||
Retained Earnings | 941.15 M | |||
Current Asset | 299.81 M | |||
Current Liabilities | 133.65 M | |||
About SCHNITZER STEEL Performance
By examining SCHNITZER STEEL's fundamental ratios, stakeholders can obtain critical insights into SCHNITZER STEEL's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that SCHNITZER STEEL is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. Schnitzer Steel Industries, Inc. was founded in 1906 and is headquartered in Portland, Oregon. Schnitzer Steel operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 3471 people.Things to note about SCHNITZER STEEL INDU performance evaluation
Checking the ongoing alerts about SCHNITZER STEEL for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SCHNITZER STEEL INDU help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.SCHNITZER STEEL INDU is not yet fully synchronised with the market data | |
SCHNITZER STEEL INDU has a very high chance of going through financial distress in the upcoming years | |
Over 84.0% of the company shares are owned by institutional investors |
- Analyzing SCHNITZER 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 SCHNITZER STEEL's stock is overvalued or undervalued compared to its peers.
- Examining SCHNITZER 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 SCHNITZER STEEL's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SCHNITZER STEEL's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SCHNITZER STEEL's stock. These opinions can provide insight into SCHNITZER STEEL's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in SCHNITZER Stock
If you are still planning to invest in SCHNITZER STEEL INDU check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SCHNITZER STEEL's history and understand the potential risks before investing.
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