Reliance Steel Performance

RS -- USA Stock  

USD 89.91  0.08  0.09%

Macroaxis gives Reliance Steel performance score of 0 on a scale of 0 to 100. The organization holds Beta of 0.408 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.. 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 -0.2265%. 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  9,449  in Reliance Steel Aluminum Co on June 17, 2018 and sell it today you would lose (458.00)  from holding Reliance Steel Aluminum Co or give up 4.85% of portfolio value over 30 days. Reliance Steel Aluminum Co is generating negative expected returns and assumes 1.4261% volatility on return distribution over the 30 days horizon. Put differently, 13% 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 2.23 times more volatile than its market benchmark. It trades about -0.16 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.02 per unit of volatility.

Reliance Steel Market Risk Analysis

Sharpe Ratio = -0.1589
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Reliance Steel Relative Performance Indicators

Estimated Market Risk
 1.43
  actual daily
 
 87 %
of total potential
  
Expected Return
 -0.23
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.16
  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.

Performance Rating

Reliance Steel Aluminum Co Risk Adjusted Performance Analysis
0 

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.

Reliance Steel Alerts

Equity Alerts and Improvement Suggestions
Reliance Steel generates negative expected return over the last 30 days
Over 84.0% of the company shares are owned by institutional investors
On May 24, 2018 Reliance Steel paid $ 0.5 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Acquisition by Karla Lewis of 10560 shares of Reliance Steel subject to Rule 16b-3

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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Additionally take a look at Your Equity Center. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.