Algoma Steel Group Stock Alpha and Beta Analysis
| ASTL Stock | USD 6.55 0.31 4.97% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Algoma Steel Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Algoma Steel over a specified time horizon. Remember, high Algoma Steel's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Algoma Steel's market risk premium analysis include:
Beta 1.2 | Alpha (0.53) | Risk 3.38 | Sharpe Ratio (0.17) | Expected Return (0.58) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Algoma |
Algoma Steel Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Algoma Steel market risk premium is the additional return an investor will receive from holding Algoma Steel long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Algoma Steel. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Algoma Steel's performance over market.| α | -0.53 | β | 1.20 |
Algoma Steel expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Algoma Steel's Buy-and-hold return. Our buy-and-hold chart shows how Algoma Steel performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Algoma Steel Market Price Analysis
Market price analysis indicators help investors to evaluate how Algoma Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Algoma Steel shares will generate the highest return on investment. By understating and applying Algoma Steel stock market price indicators, traders can identify Algoma Steel position entry and exit signals to maximize returns.
Algoma Steel Return and Market Media
The median price of Algoma Steel for the period between Sun, Dec 15, 2024 and Sat, Mar 15, 2025 is 8.4 with a coefficient of variation of 14.23. The daily time series for the period is distributed with a sample standard deviation of 1.2, arithmetic mean of 8.4, and mean deviation of 0.91. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Algoma Steel dividend paid on 27th of December 2024 | 12/27/2024 |
1 | ASTL - Algoma Steel Group Inc. Common Shares Latest Stock News Market Updates - StockTitan | 01/02/2025 |
2 | Heres Why Algoma Steel Group Can Afford Some Debt | 01/06/2025 |
3 | Donald Smith Cos Strategic Acquisition in Algoma Steel Group Inc | 02/13/2025 |
4 | Algoma Steel Group to Release Earnings on Tuesday | 02/24/2025 |
5 | Algoma Steel Group Insiders Sell CA2.9m Of Stock, Possibly Signalling Caution | 03/04/2025 |
6 | Why Investors Shouldnt Be Surprised By Algoma Steel Group Inc.s 34 percent Share Price Plunge | 03/11/2025 |
7 | Trumps Steel Tariffs Strike Again--Algoma Steels Survival Play Stuns Investors | 03/13/2025 |
About Algoma Steel Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Algoma or other stocks. Alpha measures the amount that position in Algoma Steel Group has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.0229 | 0.0159 | 0.0143 | 0.0115 | Price To Sales Ratio | 0.48 | 0.63 | 0.72 | 0.69 |
Algoma Steel Upcoming Company Events
As portrayed in its financial statements, the presentation of Algoma Steel's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Algoma Steel's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Algoma Steel's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Algoma Steel. Please utilize our Beneish M Score to check the likelihood of Algoma Steel's management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 19th of June 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 19th of June 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Build Portfolio with Algoma Steel
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Align your risk with return expectations
Check out Algoma Steel Backtesting, Algoma Steel Valuation, Algoma Steel Correlation, Algoma Steel Hype Analysis, Algoma Steel Volatility, Algoma Steel History and analyze Algoma Steel Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Algoma Steel technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.