Reliance Steel Performance

Reliance Steel Aluminum Co -- USA Stock  

USD 75.95  1.17  1.52%

Reliance Steel has performance score of 10 on a scale of 0 to 100. The organization holds Beta of 2.2025 which implies as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Reliance Steel will likely underperform.. Although it is extremely important to respect Reliance Steel Aluminum current trending patternss, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Reliance Steel Aluminum technical indicators you can presently evaluate if the expected return of 0.1809% will be sustainable into the future. Reliance Steel Aluminum right now holds a risk of 1.1794%. Please check Reliance Steel Aluminum Standard Deviation, Value At Risk as well as the relationship between Value At Risk and Kurtosis to decide if Reliance Steel Aluminum will be following its historical price patterns.
Investment Horizon     30 Days    Login   to change

Relative Risk vs. Return Landscape

If you would invest  7,435  in Reliance Steel Aluminum Co on September 22, 2017 and sell it today you would earn a total of  277  from holding Reliance Steel Aluminum Co or generate 3.73% return on investment over 30 days. Reliance Steel Aluminum Co is generating 0.1809% of daily returns and assumes 1.1794% volatility on return distribution over the 30 days horizon. Put differently, 11% of equity instruments are less risky than the company on the bases of their historical return distribution and some 97% of equities are expected to be superior in generating returns on investments over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Allowing for the 30-days total investment horizon, Reliance Steel Aluminum Co is expected to generate 1.08 times less return on investment than the market. In addition to that, the company is 4.38 times more volatile than its market benchmark. It trades about 0.15 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.73 per unit of volatility.

Reliance Steel Daily Price Distribution

The median price of Reliance Steel for the period between Fri, Sep 22, 2017 and Sun, Oct 22, 2017 is 75.96 with a coefficient of variation of 1.51. The daily time series for the period is distributed with a sample standard deviation of 1.14, arithmetic mean of 75.91, and mean deviation of 0.92. The Stock received some media coverage during the period.
10 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Reliance Steel Aluminum Co are ranked lower than 10 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

Reliance Steel Sharpe Ratio = 0.1534
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Estimated Market Risk

 1.18
  actual daily
 
 89 %
of total potential
  

Expected Return

 0.18
  actual daily
 
 3 %
of total potential
  

Risk-Adjusted Return

 0.15
  actual daily
 
 10 %
of total potential
  
Based on monthly moving average Reliance Steel is performing at about 10% 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 Reliance Steel by adding it to a well-diversified portfolio.

Dividends

Reliance Steel Aluminum Dividends Analysis
Check Reliance Steel Aluminum dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
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