Steelcast (India) Performance
| STEELCAS | 798.00 3.45 0.43% |
On a scale of 0 to 100, Steelcast holds a performance score of 8. The entity has a beta of -0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Steelcast are expected to decrease at a much lower rate. During the bear market, Steelcast is likely to outperform the market. Please check Steelcast's semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Steelcast's existing price patterns will revert.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Steelcast Limited are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite somewhat inconsistent fundamental indicators, Steelcast sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.009 | Payout Ratio 0.2019 | Forward Dividend Rate 7.2 | Ex Dividend Date 2024-08-16 |
1 | Steelcasts Stock Price Soars, Outperforming Sector and Hitting All-Time High - MarketsMojo | 09/05/2024 |
2 | Steelcast Downgraded to Sell by MarketsMOJO Due to Negative Results and Expensive Valuation - MarketsMojo | 11/14/2024 |
3 | Rs 81 Dividend Stocks 12 companies shares to trade ex-date today Full List - MSN | 11/21/2024 |
| Begin Period Cash Flow | 2.5 M |
Steelcast |
Steelcast Relative Risk vs. Return Landscape
If you would invest 66,745 in Steelcast Limited on September 1, 2024 and sell it today you would earn a total of 13,055 from holding Steelcast Limited or generate 19.56% return on investment over 90 days. Steelcast Limited is generating 0.3245% of daily returns and assumes 2.8889% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than Steelcast, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Steelcast Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Steelcast's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Steelcast Limited, and traders can use it to determine the average amount a Steelcast'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 = 0.1123
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | STEELCAS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Steelcast is performing at about 8% 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 Steelcast by adding it to a well-diversified portfolio.
Steelcast Fundamentals Growth
Steelcast Stock prices reflect investors' perceptions of the future prospects and financial health of Steelcast, and Steelcast 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 Steelcast Stock performance.
| Return On Equity | 0.31 | ||||
| Return On Asset | 0.2 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 15.6 B | ||||
| Shares Outstanding | 20.24 M | ||||
| Price To Book | 5.65 X | ||||
| Price To Sales | 4.41 X | ||||
| Revenue | 4.1 B | ||||
| Gross Profit | 1.68 B | ||||
| EBITDA | 1.2 B | ||||
| Net Income | 750.02 M | ||||
| Total Debt | 832 K | ||||
| Book Value Per Share | 133.21 X | ||||
| Cash Flow From Operations | 680.49 M | ||||
| Earnings Per Share | 30.78 X | ||||
| Total Asset | 3.24 B | ||||
| Retained Earnings | 2.4 B | ||||
About Steelcast Performance
By analyzing Steelcast's fundamental ratios, stakeholders can gain valuable insights into Steelcast's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Steelcast 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 Steelcast has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Steelcast is entity of India. It is traded as Stock on NSE exchange.Things to note about Steelcast Limited performance evaluation
Checking the ongoing alerts about Steelcast for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Steelcast Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Steelcast Limited is unlikely to experience financial distress in the next 2 years | |
| About 58.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Rs 81 Dividend Stocks 12 companies shares to trade ex-date today Full List - MSN |
- Analyzing Steelcast'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 Steelcast's stock is overvalued or undervalued compared to its peers.
- Examining Steelcast'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 Steelcast's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Steelcast's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Steelcast's stock. These opinions can provide insight into Steelcast's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Steelcast Stock analysis
When running Steelcast's price analysis, check to measure Steelcast'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 Steelcast is operating at the current time. Most of Steelcast's value examination focuses on studying past and present price action to predict the probability of Steelcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcast's price. Additionally, you may evaluate how the addition of Steelcast to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |