Algoma Steel Group Stock Performance
| ASTL Stock | 8.86 0.17 1.88% |
The firm shows a Beta (market volatility) of -0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Algoma Steel are expected to decrease at a much lower rate. During the bear market, Algoma Steel is likely to outperform the market. At this point, Algoma Steel Group has a negative expected return of -0.66%. Please make sure to confirm Algoma Steel's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Algoma Steel Group performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Algoma Steel Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in April 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
| Begin Period Cash Flow | 251.3 M |
Algoma |
Algoma Steel Relative Risk vs. Return Landscape
If you would invest 1,379 in Algoma Steel Group on December 23, 2024 and sell it today you would lose (493.00) from holding Algoma Steel Group or give up 35.75% of portfolio value over 90 days. Algoma Steel Group is generating negative expected returns and assumes 3.2586% volatility on return distribution over the 90 days horizon. Simply put, 29% of stocks are less volatile than Algoma, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Algoma Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Algoma Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Algoma Steel Group, and traders can use it to determine the average amount a Algoma Steel's 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 = -0.2017
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| Negative Returns | ASTL |
Estimated Market Risk
| 3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.66 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Algoma Steel is not performing at its full potential. However, 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 Algoma Steel by adding Algoma Steel to a well-diversified portfolio.
Algoma Steel Fundamentals Growth
Algoma Stock prices reflect investors' perceptions of the future prospects and financial health of Algoma Steel, and Algoma Steel 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 Algoma Stock performance.
| Return On Equity | -0.1 | ||||
| Return On Asset | -0.0352 | ||||
| Profit Margin | (0.09) % | ||||
| Operating Margin | (0.22) % | ||||
| Current Valuation | 1.09 B | ||||
| Shares Outstanding | 104.86 M | ||||
| Price To Book | 0.66 X | ||||
| Price To Sales | 0.38 X | ||||
| Revenue | 2.8 B | ||||
| EBITDA | 282.3 M | ||||
| Total Debt | 156.5 M | ||||
| Book Value Per Share | 14.39 X | ||||
| Cash Flow From Operations | 294.6 M | ||||
| Earnings Per Share | (1.45) X | ||||
| Total Asset | 2.68 B | ||||
| Retained Earnings | 288.4 M | ||||
About Algoma Steel Performance
By examining Algoma Steel's fundamental ratios, stakeholders can obtain critical insights into Algoma Steel's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Algoma Steel is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Algoma Steel Group performance evaluation
Checking the ongoing alerts about Algoma Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Algoma Steel Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Algoma Steel Group generated a negative expected return over the last 90 days | |
| Algoma Steel Group has high historical volatility and very poor performance | |
| Over 80.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Algoma Steel's 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 Algoma Steel's stock is overvalued or undervalued compared to its peers.
- Examining Algoma Steel's 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 Algoma Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Algoma Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Algoma Steel's stock. These opinions can provide insight into Algoma Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algoma Steel Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..