Reliance Steel (Germany) Performance
| RS6 Stock | EUR 307.50 1.50 0.49% |
On a scale of 0 to 100, Reliance Steel holds a performance score of 12. The company holds a Beta of 0.44, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Reliance Steel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Reliance Steel is expected to be smaller as well. Please check Reliance Steel's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Reliance Steel's historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Reliance Steel Aluminum are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Reliance Steel reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 300.5 M | |
| Free Cash Flow | 1.8 B |
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Reliance Steel Relative Risk vs. Return Landscape
If you would invest 25,186 in Reliance Steel Aluminum on August 30, 2024 and sell it today you would earn a total of 5,564 from holding Reliance Steel Aluminum or generate 22.09% return on investment over 90 days. Reliance Steel Aluminum is currently producing 0.3291% returns and takes up 2.1273% volatility of returns over 90 trading days. Put another way, 18% of traded stocks are less volatile than Reliance, and 94% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Reliance Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reliance Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Reliance Steel Aluminum, and traders can use it to determine the average amount a Reliance 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 = 0.1547
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Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Reliance Steel is performing at about 12% 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.
Reliance Steel Fundamentals Growth
Reliance Stock prices reflect investors' perceptions of the future prospects and financial health of Reliance Steel, and Reliance 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 Reliance Stock performance.
| Return On Equity | 0.28 | |||
| Return On Asset | 0.16 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 12.83 B | |||
| Shares Outstanding | 58.79 M | |||
| Price To Earning | 8.86 X | |||
| Price To Book | 1.78 X | |||
| Price To Sales | 0.65 X | |||
| Revenue | 17.02 B | |||
| EBITDA | 2.73 B | |||
| Cash And Equivalents | 133.6 M | |||
| Cash Per Share | 1.99 X | |||
| Total Debt | 1.14 B | |||
| Debt To Equity | 49.00 % | |||
| Book Value Per Share | 120.56 X | |||
| Cash Flow From Operations | 2.12 B | |||
| Earnings Per Share | 28.20 X | |||
| Total Asset | 10.33 B | |||
About Reliance Steel Performance
By analyzing Reliance Steel's fundamental ratios, stakeholders can gain valuable insights into Reliance Steel's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Reliance Steel has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Reliance Steel has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Reliance Steel Aluminum Co. operates as a metals service center company. Reliance Steel Aluminum Co. was founded in 19 and is headquartered in Los Angeles, California. Reliance Steel operates under Steel classification in Germany and is traded on Frankfurt Stock Exchange. It employs 15600 people.Things to note about Reliance Steel Aluminum performance evaluation
Checking the ongoing alerts about Reliance Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Reliance Steel Aluminum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 84.0% of the company shares are owned by institutional investors |
- Analyzing Reliance 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 Reliance Steel's stock is overvalued or undervalued compared to its peers.
- Examining Reliance 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 Reliance Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Reliance Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Reliance Steel's stock. These opinions can provide insight into Reliance Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Reliance Stock analysis
When running Reliance Steel's price analysis, check to measure Reliance 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 Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance 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 Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.
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