LIFZF Interest Coverage No Debt - GuruFocus.com
| RUS Stock | CAD 45.18 0.47 1.03% |
About 61% of Russel Metals' investor base is looking to short. The analysis of overall sentiment of trading Russel Metals stock suggests that many investors are alarmed at this time. Russel Metals' investing sentiment overview a quick insight into current market opportunities from investing in Russel Metals. Many technical investors use Russel Metals stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Russel |
LIFZF Interest Coverage No Debt GuruFocus.com
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Russel Metals Fundamental Analysis
We analyze Russel Metals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Russel Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Russel Metals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
Russel Metals is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Russel Metals Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Russel Metals stock to make a market-neutral strategy. Peer analysis of Russel Metals could also be used in its relative valuation, which is a method of valuing Russel Metals by comparing valuation metrics with similar companies.
Peers
Russel Metals Related Equities
| IGM | IGM Financial | 0.10 |
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| LIF | Labrador Iron | 0.30 |
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| TIH | Toromont Industries | 0.39 |
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| TCL-A | Transcontinental | 1.57 |
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| FTT | Finning International | 1.87 |
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Other Information on Investing in Russel Stock
Russel Metals financial ratios help investors to determine whether Russel Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Russel with respect to the benefits of owning Russel Metals security.