Reliance Steel Performance

Reliance Steel Aluminum Co -- USA Stock  

USD 90.45  0.38  0.42%

On a scale of 0 to 100 Reliance Steel holds performance score of 25. The organization holds Beta of 0.8394 which implies as returns on market increase, Reliance Steel returns are expected to increase less than the market. However during bear market, the loss on holding Reliance Steel will be expected to be smaller as well.. Although it is vital to follow to Reliance Steel Aluminum current trending patterns, it is good to be conservative about what you can actually do with the information regarding 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 0.3932% will be sustainable into the future. Please employ Reliance Steel Aluminum Standard Deviation, Value At Risk as well as the relationship between Value At Risk and Kurtosis to make a quick decision on weather Reliance Steel historical price patterns will revert.
 Time Horizon     30 Days    Login   to change

Reliance Steel Aluminum Relative Risk vs. Return Landscape

If you would invest  8,403  in Reliance Steel Aluminum Co on December 17, 2017 and sell it today you would earn a total of  642  from holding Reliance Steel Aluminum Co or generate 7.64% return on investment over 30 days. Reliance Steel Aluminum Co is generating 0.3932% of daily returns and assumes 1.0279% volatility on return distribution over the 30 days horizon. Put differently, 9% of equity instruments are less risky than the company on the bases of their historical return distribution and some 93% 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 2.67 times more return on investment than the market. However, the company is 2.67 times more volatile than its market benchmark. It trades about 0.38 of its potential returns per unit of risk. The DOW is currently generating roughly 0.55 per unit of risk.

Reliance Steel Daily Price Distribution

The median price of Reliance Steel for the period between Sun, Dec 17, 2017 and Tue, Jan 16, 2018 is 86.87 with a coefficient of variation of 2.88. The daily time series for the period is distributed with a sample standard deviation of 2.49, arithmetic mean of 86.69, and mean deviation of 2.06. The Stock did not receive any noticable media coverage during the period.
25 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Reliance Steel Aluminum Co are ranked lower than 25 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

Reliance Steel Sharpe Ratio = 0.3825
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Estimated Market Risk

 1.03
  actual daily
 
 91 %
of total potential
  

Expected Return

 0.39
  actual daily
 
 7 %
of total potential
  

Risk-Adjusted Return

 0.38
  actual daily
 
 25 %
of total potential
  
Based on monthly moving average Reliance Steel is performing at about 25% 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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