Russel Metals (Germany) Today
| RMZ Stock | EUR 27.60 0.20 0.73% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Russel Metals is trading at 27.60 as of the 18th of April 2024. This is a 0.73 percent increase since the beginning of the trading day. The stock's lowest day price was 27.6. Russel Metals has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Russel Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2022 and ending today, the 18th of April 2024. Click here to learn more.
Russel Metals Inc. distributes steel and metal products in North America. Russel Metals Inc. was founded in 1929 and is headquartered in Mississauga, Canada. RUSSEL METALS operates under Industrial Distribution classification in Germany and is traded on Frankfurt Stock Exchange. The company has 62.1 M outstanding shares. More on Russel Metals
Moving against Russel Stock
| 0.5 | KGHA | KGHM Polska Miedz | PairCorr |
| 0.47 | WC30 | WATSCO INC B | PairCorr |
Follow Valuation Odds of Bankruptcy
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Russel Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Russel Metals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Russel Metals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | John Reid |
| Business Concentration | Industrial Distribution, Industrials (View all Sectors) |
Russel Metals (RMZ) is traded on Frankfurt Exchange in Germany and employs 3,350 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.53 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Russel Metals's market, we take the total number of its shares issued and multiply it by Russel Metals'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. Russel Metals classifies itself under Industrials sector and is part of Industrial Distribution industry. The entity has 62.1 M outstanding shares.
Russel Metals has accumulated about 55.1 M in cash with 359.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.89.
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Ownership AllocationRussel Metals has a total of 62.1 Million outstanding shares. Roughly 72.0 pct. of Russel Metals outstanding shares are held by general public with 0.838 % owned by insiders and only 26.86 (%) by third-party entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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Russel Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Russel Metals jumping above the current price in 90 days from now is about 98.0%. The Russel Metals probability density function shows the probability of Russel Metals stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Russel Metals has a beta of -0.2057 indicating as returns on the benchmark increase, returns on holding Russel Metals are expected to decrease at a much lower rate. During a bear market, however, Russel Metals is likely to outperform the market. Additionally, russel Metals has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Russel Metals to move above the current price in 90 days from now is about 98.0 (This Russel Metals probability density function shows the probability of Russel Stock to fall within a particular range of prices over 90 days) .
Russel Metals Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Russel Metals market risk premium is the additional return an investor will receive from holding Russel Metals 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 Russel Metals. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Russel Metals' alpha and beta are two of the key measurements used to evaluate Russel Metals' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.31 | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.81 | |||
| Risk Adjusted Performance | (0.01) |
Russel Stock Against Markets
Picking the right benchmark for Russel Metals stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Russel Metals stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Russel Metals is critical whether you are bullish or bearish towards Russel Metals at a given time. Please also check how Russel Metals' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Russel Metals without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Russel Metals Corporate Directors
Russel Metals corporate directors refer to members of a Russel Metals board of directors. The board of directors generally takes responsibility for the Russel Metals' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Russel Metals' board members must vote for the resolution. The Russel Metals board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Lise Lachapelle | Independent Director | Profile | |
| John Tulloch | Independent Director | Profile | |
| Alain Benedetti | Independent Director | Profile | |
| John Clark | Independent Director | Profile |
How to buy Russel Stock?
Before investing in Russel Metals, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Russel Metals. To buy Russel Metals stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Russel Metals. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Russel Metals stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Russel Metals stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Russel Metals stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Russel Metals, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Russel Metals?
The danger of trading Russel Metals is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Russel Metals is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Russel Metals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Russel Metals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Russel Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Russel Stock analysis
When running Russel Metals' price analysis, check to measure Russel Metals' 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 Russel Metals is operating at the current time. Most of Russel Metals' value examination focuses on studying past and present price action to predict the probability of Russel Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Russel Metals' price. Additionally, you may evaluate how the addition of Russel Metals to your portfolios can decrease your overall portfolio volatility.
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