Reliance Steel Performance

Reliance Steel Aluminum Co -- USA Stock  

USD 90.76  0.88  0.98%

Macroaxis gives Reliance Steel performance score of 0 on a scale of 0 to 100. The organization holds Beta of -0.0653 which implies as returns on market increase, returns on owning Reliance Steel are expected to decrease at a much smaller rate. During bear market, Reliance Steel is likely to outperform the market.. Even though it is essential to pay attention to Reliance Steel Aluminum current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Reliance Steel Aluminum exposes twenty-one different technical indicators which can help you to evaluate its performance. Reliance Steel Aluminum has expected return of -0.1838%. Please be advised to 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 past performance will be repeated at some point in the near future.
 Time Horizon     30 Days    Login   to change

Reliance Steel Aluminum Relative Risk vs. Return Landscape

If you would invest  9,457  in Reliance Steel Aluminum Co on February 16, 2018 and sell it today you would lose (381.00)  from holding Reliance Steel Aluminum Co or give up 4.03% of portfolio value over 30 days. Reliance Steel Aluminum Co is generating negative expected returns and assumes 1.5767% volatility on return distribution over the 30 days horizon. Put differently, 14% of equity instruments are less risky than the company on the bases of their historical return distribution and some 99% 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 under-perform the market. In addition to that, the company is 1.65 times more volatile than its market benchmark. It trades about -0.12 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of volatility.

Operating Margin

Reliance Steel Aluminum Operating Margin
Based on recorded statements Reliance Steel Aluminum Co has Operating Margin of 9.1%. This is 137.71% lower than that of the Basic Materials sector, and significantly higher than that of Non-ferrous Metals Production And Products industry, The Operating Margin for all stocks is 183.41% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.

Reliance Steel Daily Price Distribution

The median price of Reliance Steel for the period between Fri, Feb 16, 2018 and Sun, Mar 18, 2018 is 92.72 with a coefficient of variation of 1.62. The daily time series for the period is distributed with a sample standard deviation of 1.5, arithmetic mean of 92.24, and mean deviation of 1.19. The Stock did not receive any noticable media coverage during the period.

Risk-Adjusted Performance

Over the last 30 days Reliance Steel Aluminum Co has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

Reliance Steel Sharpe Ratio = -0.1166
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Estimated Market Risk

  actual daily
 86 %
of total potential

Expected Return

  actual daily
 1 %
of total potential

Risk-Adjusted Return

  actual daily
 1 %
of total potential
Based on monthly moving average Reliance Steel is performing at about 0% 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.


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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