Russel Metals Stock Beta
| RUS Stock | CAD 47.12 0.19 0.40% |
As of the 16th of February 2026, Russel Metals holds the Risk Adjusted Performance of 0.1628, coefficient of variation of 510.37, and Semi Deviation of 1.68. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Russel Metals, as well as the relationship between them.
Russel Metals Total Revenue |
|
Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 0.6385 | Revenue |
Russel | Beta |
Russel Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Russel Metals is extremely important. It helps to project a fair market value of Russel Stock properly, considering its historical fundamentals such as Beta. Since Russel Metals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Russel Metals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Russel Metals' interrelated accounts and indicators.
Click cells to compare fundamentals
Russel Metals 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Russel Metals' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Russel Metals.
| 11/18/2025 |
| 02/16/2026 |
If you would invest 0.00 in Russel Metals on November 18, 2025 and sell it all today you would earn a total of 0.00 from holding Russel Metals or generate 0.0% return on investment in Russel Metals over 90 days. Russel Metals is related to or competes with Badger Infrastructure, ADENTRA, Bird Construction, Westshore Terminals, Ballard Power, Savaria, and Hammond Power. Russel Metals Inc., a metals distribution company, distributes steel and other metal products in North America More
Russel Metals Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Russel Metals' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Russel Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.98 | |||
| Information Ratio | 0.1502 | |||
| Maximum Drawdown | 12.23 | |||
| Value At Risk | (1.14) | |||
| Potential Upside | 2.15 |
Russel Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Russel Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Russel Metals' standard deviation. In reality, there are many statistical measures that can use Russel Metals historical prices to predict the future Russel Metals' volatility.| Risk Adjusted Performance | 0.1628 | |||
| Jensen Alpha | 0.2597 | |||
| Total Risk Alpha | 0.176 | |||
| Sortino Ratio | 0.1159 | |||
| Treynor Ratio | 0.5797 |
Russel Metals February 16, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1628 | |||
| Market Risk Adjusted Performance | 0.5897 | |||
| Mean Deviation | 0.9374 | |||
| Semi Deviation | 1.68 | |||
| Downside Deviation | 1.98 | |||
| Coefficient Of Variation | 510.37 | |||
| Standard Deviation | 1.53 | |||
| Variance | 2.34 | |||
| Information Ratio | 0.1502 | |||
| Jensen Alpha | 0.2597 | |||
| Total Risk Alpha | 0.176 | |||
| Sortino Ratio | 0.1159 | |||
| Treynor Ratio | 0.5797 | |||
| Maximum Drawdown | 12.23 | |||
| Value At Risk | (1.14) | |||
| Potential Upside | 2.15 | |||
| Downside Variance | 3.92 | |||
| Semi Variance | 2.81 | |||
| Expected Short fall | (1.04) | |||
| Skewness | (3.08) | |||
| Kurtosis | 18.67 |
Russel Metals Backtested Returns
Russel Metals appears to be very steady, given 3 months investment horizon. Russel Metals maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Russel Metals, which you can use to evaluate the volatility of the company. Please evaluate Russel Metals' Risk Adjusted Performance of 0.1628, semi deviation of 1.68, and Coefficient Of Variation of 510.37 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Russel Metals holds a performance score of 15. The company holds a Beta of 0.5, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Russel Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Russel Metals is expected to be smaller as well. Please check Russel Metals' expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Russel Metals' historical price patterns will revert.
Auto-correlation | 0.82 |
Very good predictability
Russel Metals has very good predictability. Overlapping area represents the amount of predictability between Russel Metals time series from 18th of November 2025 to 2nd of January 2026 and 2nd of January 2026 to 16th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Russel Metals price movement. The serial correlation of 0.82 indicates that around 82.0% of current Russel Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 3.56 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Russel Metals has a Beta of 1.209. This is 11.75% lower than that of the Trading Companies & Distributors sector and 7.0% lower than that of the Industrials industry. The beta for all Canada stocks is notably lower than that of the firm.
Russel Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Russel Metals' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Russel Metals could also be used in its relative valuation, which is a method of valuing Russel Metals by comparing valuation metrics of similar companies.Russel Metals is currently under evaluation in beta category among its peers.
Russel Metals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Russel Metals from analyzing Russel Metals' financial statements. These drivers represent accounts that assess Russel Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Russel Metals' important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 2.1B | 1.8B | 2.8B | 2.5B | 2.2B | 2.3B | |
| Enterprise Value | 2.4B | 1.9B | 2.6B | 2.6B | 2.4B | 1.2B |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Russel Metals will likely underperform.
Russel Fundamentals
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0614 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 2.96 B | ||||
| Shares Outstanding | 55.06 M | ||||
| Shares Owned By Insiders | 0.88 % | ||||
| Shares Owned By Institutions | 28.89 % | ||||
| Number Of Shares Shorted | 961.02 K | ||||
| Price To Earning | 46.36 X | ||||
| Price To Book | 1.63 X | ||||
| Price To Sales | 0.56 X | ||||
| Revenue | 4.64 B | ||||
| Gross Profit | 983.5 M | ||||
| EBITDA | 312.4 M | ||||
| Net Income | 168.8 M | ||||
| Cash And Equivalents | 69.3 M | ||||
| Cash Per Share | 1.95 X | ||||
| Total Debt | 1.1 B | ||||
| Debt To Equity | 0.60 % | ||||
| Current Ratio | 4.34 X | ||||
| Book Value Per Share | 28.86 X | ||||
| Cash Flow From Operations | 199.5 M | ||||
| Short Ratio | 5.38 X | ||||
| Earnings Per Share | 3.01 X | ||||
| Price To Earnings To Growth | (0.83) X | ||||
| Target Price | 54.29 | ||||
| Number Of Employees | 3.97 K | ||||
| Beta | 1.21 | ||||
| Market Capitalization | 2.59 B | ||||
| Total Asset | 2.68 B | ||||
| Retained Earnings | 919.7 M | ||||
| Working Capital | 1.21 B | ||||
| Current Asset | 1.22 B | ||||
| Current Liabilities | 398.2 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 6.87 % | ||||
| Net Asset | 2.68 B | ||||
| Last Dividend Paid | 1.71 |
About Russel Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Russel Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Russel Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Russel Metals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Russel Metals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Russel Metals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Russel Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with Russel Stock
| 0.88 | CEF | Sprott Physical Gold | PairCorr |
| 0.73 | CSOC-A | Canso Select Opportu | PairCorr |
| 0.63 | BST | Bessor Minerals | PairCorr |
| 0.9 | GPCC-P | Green Panda Capital | PairCorr |
Moving against Russel Stock
The ability to find closely correlated positions to Russel Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Russel Metals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Russel Metals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Russel Metals to buy it.
The correlation of Russel Metals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Russel Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Russel Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Russel Metals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Russel Stock
Russel Metals financial ratios help investors to determine whether Russel Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Russel with respect to the benefits of owning Russel Metals security.