ALGOMA STEEL (Germany) Analysis
| 9ZY Stock | 8.05 0.10 1.23% |
ALGOMA STEEL GROUP is overvalued with Real Value of 7.35 and Hype Value of 8.05. The main objective of ALGOMA STEEL stock analysis is to determine its intrinsic value, which is an estimate of what ALGOMA STEEL GROUP is worth, separate from its market price. There are two main types of ALGOMA STEEL's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect ALGOMA STEEL's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of ALGOMA STEEL's stock to identify patterns and trends that may indicate its future price movements.
The ALGOMA STEEL stock is traded in Germany on Frankfurt Exchange, with the market opening at 08:00:00 and closing at 22:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Germany. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and ALGOMA STEEL's ongoing operational relationships across important fundamental and technical indicators.
ALGOMA |
ALGOMA Stock Analysis Notes
About 70.0% of the company shares are owned by institutions such as pension funds. The company last dividend was issued on the 29th of November 2022.ALGOMA STEEL GROUP Investment Alerts
| ALGOMA STEEL GROUP generated a negative expected return over the last 90 days | |
| About 70.0% of the company shares are owned by institutions such as pension funds |
ALGOMA STEEL Thematic Classifications
In addition to having ALGOMA STEEL stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | IronSteel and Iron production |
ALGOMA Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 818.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ALGOMA STEEL's market, we take the total number of its shares issued and multiply it by ALGOMA STEEL's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.ALGOMA Profitablity
ALGOMA STEEL's profitability indicators refer to fundamental financial ratios that showcase ALGOMA STEEL's ability to generate income relative to its revenue or operating costs. If, let's say, ALGOMA STEEL is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, ALGOMA STEEL's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of ALGOMA STEEL's profitability requires more research than a typical breakdown of ALGOMA STEEL's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.21 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.31 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.31. Technical Drivers
As of the 31st of January, ALGOMA STEEL shows the Standard Deviation of 2.69, risk adjusted performance of (0.02), and Mean Deviation of 2.01. ALGOMA STEEL GROUP technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm ALGOMA STEEL GROUP coefficient of variation, treynor ratio, skewness, as well as the relationship between the variance and value at risk to decide if ALGOMA STEEL GROUP is priced adequately, providing market reflects its regular price of 8.05 per share.ALGOMA STEEL GROUP Price Movement Analysis
The output start index for this execution was fourty-four with a total number of output elements of seventeen. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ALGOMA STEEL middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ALGOMA STEEL GROUP. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ALGOMA STEEL Outstanding Bonds
ALGOMA STEEL issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ALGOMA STEEL GROUP uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ALGOMA bonds can be classified according to their maturity, which is the date when ALGOMA STEEL GROUP has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
ALGOMA STEEL Predictive Daily Indicators
ALGOMA STEEL intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ALGOMA STEEL stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 8.05 | |||
| Day Typical Price | 8.05 | |||
| Price Action Indicator | (0.05) | |||
| Period Momentum Indicator | (0.10) |
ALGOMA STEEL Forecast Models
ALGOMA STEEL's time-series forecasting models are one of many ALGOMA STEEL's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ALGOMA STEEL's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding ALGOMA STEEL to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Portfolio Volatility Now
Portfolio VolatilityCheck portfolio volatility and analyze historical return density to properly model market risk |
| All Next | Launch Module |
Complementary Tools for ALGOMA Stock analysis
When running ALGOMA STEEL's price analysis, check to measure ALGOMA 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 ALGOMA STEEL is operating at the current time. Most of ALGOMA STEEL's value examination focuses on studying past and present price action to predict the probability of ALGOMA 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 ALGOMA STEEL's price. Additionally, you may evaluate how the addition of ALGOMA STEEL to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |