Steel Dynamics Stock Performance
| STLD Stock | USD 138.93 0.84 0.60% |
On a scale of 0 to 100, Steel Dynamics holds a performance score of 16. The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Steel Dynamics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Steel Dynamics is expected to be smaller as well. Please check Steel Dynamics' semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Steel Dynamics' existing price patterns will revert.
Risk-Adjusted Performance
16 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Steel Dynamics are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile essential indicators, Steel Dynamics exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.6 B |
Steel |
Steel Dynamics Relative Risk vs. Return Landscape
If you would invest 11,251 in Steel Dynamics on January 19, 2024 and sell it today you would earn a total of 2,642 from holding Steel Dynamics or generate 23.48% return on investment over 90 days. Steel Dynamics is currently generating 0.348% in daily expected returns and assumes 1.6056% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of stocks are less volatile than Steel, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Steel Dynamics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Steel Dynamics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Steel Dynamics, and traders can use it to determine the average amount a Steel Dynamics' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2167
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Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average Steel Dynamics is performing at about 16% 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 Steel Dynamics by adding it to a well-diversified portfolio.
Steel Dynamics Fundamentals Growth
Steel Stock prices reflect investors' perceptions of the future prospects and financial health of Steel Dynamics, and Steel Dynamics fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Steel Stock performance.
| Return On Equity | 0.29 | ||||
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 23.16 B | ||||
| Shares Outstanding | 157.95 M | ||||
| Price To Earning | 4.60 X | ||||
| Price To Book | 2.51 X | ||||
| Price To Sales | 1.18 X | ||||
| Revenue | 18.8 B | ||||
| EBITDA | 3.15 B | ||||
| Cash And Equivalents | 2 B | ||||
| Cash Per Share | 11.41 X | ||||
| Total Debt | 3.2 B | ||||
| Debt To Equity | 0.38 % | ||||
| Book Value Per Share | 55.41 X | ||||
| Cash Flow From Operations | 3.52 B | ||||
| Earnings Per Share | 14.64 X | ||||
| Total Asset | 14.98 B | ||||
| Retained Earnings | 13.55 B | ||||
| Current Asset | 2.54 B | ||||
| Current Liabilities | 535.29 M | ||||
About Steel Dynamics Performance
To evaluate Steel Dynamics Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Steel Dynamics generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Steel Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Steel Dynamics market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Steel's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. Steel Dynamics, Inc. was incorporated in 1993 and is headquartered in Fort Wayne, Indiana. Steel Dynamics operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 10640 people.Things to note about Steel Dynamics performance evaluation
Checking the ongoing alerts about Steel Dynamics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Steel Dynamics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 87.0% of the company shares are owned by institutional investors |
- Analyzing Steel Dynamics' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Steel Dynamics' stock is overvalued or undervalued compared to its peers.
- Examining Steel Dynamics' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Steel Dynamics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Steel Dynamics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Steel Dynamics' stock. These opinions can provide insight into Steel Dynamics' potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Dynamics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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When running Steel Dynamics' price analysis, check to measure Steel Dynamics' 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 Steel Dynamics is operating at the current time. Most of Steel Dynamics' value examination focuses on studying past and present price action to predict the probability of Steel Dynamics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Dynamics' price. Additionally, you may evaluate how the addition of Steel Dynamics to your portfolios can decrease your overall portfolio volatility.
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Is Steel Dynamics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steel Dynamics. If investors know Steel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steel Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Steel Dynamics is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Steel Dynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steel Dynamics' market value can be influenced by many factors that don't directly affect Steel Dynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Steel Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Dynamics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.