Olympic Steel (Germany) Buy Hold or Sell Recommendation
| OYS Stock | 31.20 0.20 0.65% |
Assuming the 90 days trading horizon and your highly speculative risk level, our recommendation regarding Olympic Steel is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Olympic Steel given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Olympic Steel, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Olympic Steel Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide. Note, we conduct extensive research on individual companies such as Olympic and provide practical buy, sell, or hold advice based on investors' constraints. Olympic Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Olympic |
Execute Olympic Steel Buy or Sell Advice
The Olympic recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Olympic Steel. Macroaxis does not own or have any residual interests in Olympic Steel or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Olympic Steel's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Olympic Steel Trading Alerts and Improvement Suggestions
| Olympic Steel generated a negative expected return over the last 90 days | |
| Olympic Steel generates negative cash flow from operations |
Olympic Steel Returns Distribution Density
The distribution of Olympic Steel's historical returns is an attempt to chart the uncertainty of Olympic Steel's future price movements. The chart of the probability distribution of Olympic Steel daily returns describes the distribution of returns around its average expected value. We use Olympic Steel price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Olympic Steel returns is essential to provide solid investment advice for Olympic Steel.
| Mean Return | -0.12 | Value At Risk | -4.42 | Potential Upside | 4.20 | Standard Deviation | 2.86 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Olympic Steel historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Olympic Steel Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Olympic Steel or Iron sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Olympic Steel's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Olympic stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 2.99 | |
Ir | Information ratio | -0.05 |
Olympic Steel Volatility Alert
Olympic Steel exhibits very low volatility with skewness of 1.51 and kurtosis of 6.39. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Olympic Steel's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Olympic Steel's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Olympic Steel Fundamentals Vs Peers
Comparing Olympic Steel's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Olympic Steel's direct or indirect competition across all of the common fundamentals between Olympic Steel and the related equities. This way, we can detect undervalued stocks with similar characteristics as Olympic Steel or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Olympic Steel's fundamental indicators could also be used in its relative valuation, which is a method of valuing Olympic Steel by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Olympic Steel to competition |
| Fundamentals | Olympic Steel | Peer Average |
| Current Valuation | 600.05 M | 16.62 B |
| Price To Book | 0.69 X | 9.51 X |
| Price To Sales | 0.14 X | 11.42 X |
| Revenue | 2.56 B | 9.43 B |
| EBITDA | 153.44 M | 3.9 B |
| Net Income | 90.93 M | 570.98 M |
| Total Debt | 165.66 M | 5.32 B |
| Cash Flow From Operations | (146.37 M) | 971.22 M |
| Market Capitalization | 217.85 M | 19.03 B |
| Total Asset | 891.63 M | 29.47 B |
| Z Score | 2.6 | 8.72 |
| Annual Yield | 0.01 % | |
| Net Asset | 891.63 M |
Olympic Steel Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Olympic . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Olympic Steel Buy or Sell Advice
When is the right time to buy or sell Olympic Steel? Buying financial instruments such as Olympic Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Steel Works Etc theme has 53 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Steel Works Etc Theme or any other thematic opportunities.
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Additional Tools for Olympic Stock Analysis
When running Olympic Steel's price analysis, check to measure Olympic Steel's 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 Olympic Steel is operating at the current time. Most of Olympic Steel's value examination focuses on studying past and present price action to predict the probability of Olympic Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olympic Steel's price. Additionally, you may evaluate how the addition of Olympic Steel to your portfolios can decrease your overall portfolio volatility.