Reliance Steel (Germany) Analysis

Reliance Stock Analysis Notes

About 84.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.78. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Reliance Steel Aluminum recorded earning per share (EPS) of 28.2. The entity last dividend was issued on the 9th of March 2023. The firm had 2:1 split on the 20th of July 2006. 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. To find out more about Reliance Steel Aluminum contact James Hoffman at 213 687 7700 or learn more at https://www.rsac.com.

Reliance Steel Aluminum Investment Alerts

Reliance Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 13.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Reliance Steel's market, we take the total number of its shares issued and multiply it by Reliance Steel's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Reliance Profitablity

The company has Profit Margin (PM) of 0.11 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.15 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.15.

Technical Drivers

As of the 26th of March, Reliance Steel holds the Variance of 2.37, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,529). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Reliance Steel, as well as the relationship between them. Please check Reliance Steel Aluminum value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if Reliance Steel Aluminum is priced some-what accurately, providing market reflects its current price of 265.3 per share.

Reliance Steel Aluminum Price Movement Analysis

Reliance Steel Outstanding Bonds

Reliance Steel Predictive Daily Indicators

Reliance Steel Forecast Models

Reliance Steel's time-series forecasting models are one of many Reliance Steel's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Reliance Steel's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Reliance Steel prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Reliance shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Reliance Steel. By using and applying Reliance Stock analysis, traders can create a robust methodology for identifying Reliance entry and exit points for their positions.

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.