Worthington Steel Stock Alpha and Beta Analysis
| WS Stock | 45.03 0.11 0.24% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Worthington Steel. It also helps investors analyze the systematic and unsystematic risks associated with investing in Worthington Steel over a specified time horizon. Remember, high Worthington Steel's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Worthington Steel's market risk premium analysis include:
Beta 2.74 | Alpha 0.12 | Risk 3.44 | Sharpe Ratio 0.14 | Expected Return 0.49 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Worthington |
Worthington Steel Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Worthington Steel market risk premium is the additional return an investor will receive from holding Worthington Steel long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Worthington Steel. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Worthington Steel's performance over market.| α | 0.12 | β | 2.74 |
Worthington Steel expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Worthington Steel's Buy-and-hold return. Our buy-and-hold chart shows how Worthington Steel performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Worthington Steel Market Price Analysis
Market price analysis indicators help investors to evaluate how Worthington Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Worthington Steel shares will generate the highest return on investment. By understating and applying Worthington Steel stock market price indicators, traders can identify Worthington Steel position entry and exit signals to maximize returns.
Worthington Steel Return and Market Media
The median price of Worthington Steel for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 34.84 with a coefficient of variation of 12.5. The daily time series for the period is distributed with a sample standard deviation of 4.58, arithmetic mean of 36.64, and mean deviation of 3.79. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Worthington Steel Fiscal Q1 Earnings Snapshot | 09/25/2024 |
| Worthington Steel dividend paid on 27th of September 2024 | 09/27/2024 |
3 | Acquisition by Schiavo Mary Fackler of 4374 shares of Worthington Steel subject to Rule 16b-3 | 10/01/2024 |
4 | WS Development and Sublime Systems, in Collaboration with the White House, Gather Public and Private Sector Leaders for Ribbon Cutting to Celebrate Pioneering L... | 10/04/2024 |
5 | EVRAZ and Worthington Steel Critical Review | 10/17/2024 |
6 | Domain Cost Club Partners With WebUnited to Launch First-of-Its-Kind Web3 Domain Mirroring for .WS | 10/22/2024 |
7 | Vanguard Group Incs Strategic Reduction in Worthington Steel Inc Holdings | 11/05/2024 |
8 | We Think Worthington Steel Can Manage Its Debt With Ease | 11/08/2024 |
9 | Worthington Steel Inc Trading 3.41 percent Higher on Nov 22 | 11/22/2024 |
About Worthington Steel Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Worthington or other stocks. Alpha measures the amount that position in Worthington Steel has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2010 | 2023 (projected) | Dividend Yield | 0.004857 | 0.004372 | Price To Sales Ratio | 0.59 | 0.47 |
Worthington Steel Upcoming Company Events
As portrayed in its financial statements, the presentation of Worthington Steel's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Worthington Steel's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Worthington Steel's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Worthington Steel. Please utilize our Beneish M Score to check the likelihood of Worthington Steel's management manipulating its earnings.
| 21st of December 2023 Upcoming Quarterly Report | View | |
| 30th of November 2023 Next Fiscal Quarter End | View | |
| 31st of August 2023 Last Quarter Report | View | |
| 31st of May 2023 Last Financial Announcement | View |
Build Portfolio with Worthington Steel
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Additional Tools for Worthington Stock Analysis
When running Worthington Steel's price analysis, check to measure Worthington 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 Worthington Steel is operating at the current time. Most of Worthington Steel's value examination focuses on studying past and present price action to predict the probability of Worthington 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 Worthington Steel's price. Additionally, you may evaluate how the addition of Worthington Steel to your portfolios can decrease your overall portfolio volatility.