STEEL EXCHANGE (India) Performance
| STEELXIND | 10.62 0.17 1.63% |
The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, STEEL EXCHANGE's returns are expected to increase less than the market. However, during the bear market, the loss of holding STEEL EXCHANGE is expected to be smaller as well. At this point, STEEL EXCHANGE INDIA has a negative expected return of -0.45%. Please make sure to validate STEEL EXCHANGE's skewness, and the relationship between the total risk alpha and rate of daily change , to decide if STEEL EXCHANGE INDIA performance from the past will be repeated at future time.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days STEEL EXCHANGE INDIA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's forward indicators remain fairly strong which may send shares a bit higher in December 2024. The recent confusion may also be a sign of long-lasting up-swing for the firm traders. ...more
Last Split Factor 10:1 | Last Split Date 2022-07-12 |
1 | Steel Exchange Indias Stock Sees Positive Trend Reversal, Outperforms Sector and Market - MarketsMojo | 09/24/2024 |
2 | Steel Exchange India reports standalone net profit of Rs 2.72 crore in the September 2024 quarter - Business Standard | 10/18/2024 |
| Begin Period Cash Flow | 193.9 M |
STEEL |
STEEL EXCHANGE Relative Risk vs. Return Landscape
If you would invest 1,420 in STEEL EXCHANGE INDIA on August 29, 2024 and sell it today you would lose (358.00) from holding STEEL EXCHANGE INDIA or give up 25.21% of portfolio value over 90 days. STEEL EXCHANGE INDIA is generating negative expected returns and assumes 2.1086% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than STEEL, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
STEEL EXCHANGE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for STEEL EXCHANGE's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as STEEL EXCHANGE INDIA, and traders can use it to determine the average amount a STEEL EXCHANGE'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 = -0.2112
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | STEELXIND |
Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average STEEL EXCHANGE 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 STEEL EXCHANGE by adding STEEL EXCHANGE to a well-diversified portfolio.
STEEL EXCHANGE Fundamentals Growth
STEEL Stock prices reflect investors' perceptions of the future prospects and financial health of STEEL EXCHANGE, and STEEL EXCHANGE 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 STEEL Stock performance.
| Return On Equity | 0.0397 | ||||
| Return On Asset | 0.0434 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 15.58 B | ||||
| Shares Outstanding | 1.2 B | ||||
| Price To Book | 1.82 X | ||||
| Price To Sales | 1.15 X | ||||
| Revenue | 10.89 B | ||||
| Gross Profit | 2.21 B | ||||
| EBITDA | 1 B | ||||
| Net Income | 108.86 M | ||||
| Total Debt | 3.82 B | ||||
| Book Value Per Share | 4.93 X | ||||
| Cash Flow From Operations | (479.7 M) | ||||
| Earnings Per Share | 0.21 X | ||||
| Total Asset | 12.68 B | ||||
| Retained Earnings | (2.94 B) | ||||
About STEEL EXCHANGE Performance
By evaluating STEEL EXCHANGE's fundamental ratios, stakeholders can gain valuable insights into STEEL EXCHANGE's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if STEEL EXCHANGE 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 STEEL EXCHANGE 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.
STEEL EXCHANGE is entity of India. It is traded as Stock on NSE exchange.Things to note about STEEL EXCHANGE INDIA performance evaluation
Checking the ongoing alerts about STEEL EXCHANGE for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for STEEL EXCHANGE INDIA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| STEEL EXCHANGE INDIA generated a negative expected return over the last 90 days | |
| STEEL EXCHANGE INDIA is unlikely to experience financial distress in the next 2 years | |
| STEEL EXCHANGE generates negative cash flow from operations | |
| About 70.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing STEEL EXCHANGE'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 STEEL EXCHANGE's stock is overvalued or undervalued compared to its peers.
- Examining STEEL EXCHANGE'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 STEEL EXCHANGE's management team can have a significant impact on its success or failure. Reviewing the track record and experience of STEEL EXCHANGE's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of STEEL EXCHANGE's stock. These opinions can provide insight into STEEL EXCHANGE's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for STEEL Stock analysis
When running STEEL EXCHANGE's price analysis, check to measure STEEL EXCHANGE'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 STEEL EXCHANGE is operating at the current time. Most of STEEL EXCHANGE's value examination focuses on studying past and present price action to predict the probability of STEEL EXCHANGE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STEEL EXCHANGE's price. Additionally, you may evaluate how the addition of STEEL EXCHANGE to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |