ASTL
Price
$7.77
Change
-$0.13 (-1.65%)
Updated
May 10, 6:59 PM EST
STLD
Price
$135.18
Change
+$0.34 (+0.25%)
Updated
May 10, 6:59 PM EST
68 days until earnings call
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ASTL vs STLD

Header iconASTL vs STLD Comparison
Open Charts ASTL vs STLDBanner chart's image
Algoma Steel Group
Price$7.77
Change-$0.13 (-1.65%)
Volume$146.68K
CapitalizationN/A
Steel Dynamics
Price$135.18
Change+$0.34 (+0.25%)
Volume$336.3K
CapitalizationN/A
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ASTL vs STLD Comparison Chart

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ASTLDaily Signal changed days agoGain/Loss if shorted
 
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STLDDaily Signal changed days agoGain/Loss if shorted
 
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VS
ASTL vs. STLD commentary
May 11, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ASTL is a StrongBuy and STLD is a Hold.

COMPARISON
Comparison
May 11, 2024
Stock price -- (ASTL: $7.89 vs. STLD: $134.82)
Brand notoriety: ASTL and STLD are both not notable
Both companies represent the Steel industry
Current volume relative to the 65-day Moving Average: ASTL: 32% vs. STLD: 68%
Market capitalization -- ASTL: $806.74M vs. STLD: $20.66B
ASTL [@Steel] is valued at $806.74M. STLD’s [@Steel] market capitalization is $20.66B. The market cap for tickers in the [@Steel] industry ranges from $41.81B to $0. The average market capitalization across the [@Steel] industry is $5.7B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ASTL’s FA Score shows that 2 FA rating(s) are green whileSTLD’s FA Score has 3 green FA rating(s).

  • ASTL’s FA Score: 2 green, 3 red.
  • STLD’s FA Score: 3 green, 2 red.
According to our system of comparison, STLD is a better buy in the long-term than ASTL.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

ASTL’s TA Score shows that 6 TA indicator(s) are bullish while STLD’s TA Score has 5 bullish TA indicator(s).

  • ASTL’s TA Score: 6 bullish, 3 bearish.
  • STLD’s TA Score: 5 bullish, 5 bearish.
According to our system of comparison, ASTL is a better buy in the short-term than STLD.

Price Growth

ASTL (@Steel) experienced а +2.60% price change this week, while STLD (@Steel) price change was +3.08% for the same time period.

The average weekly price growth across all stocks in the @Steel industry was -0.01%. For the same industry, the average monthly price growth was -2.04%, and the average quarterly price growth was +7.03%.

Reported Earning Dates

STLD is expected to report earnings on Jul 17, 2024.

Industries' Descriptions

@Steel (-0.01% weekly)

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

SUMMARIES
A.I.dvisor published
a Summary for ASTL with price predictions.
OPEN
A.I.dvisor published
a Summary for STLD with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
STLD($21.2B) has a higher market cap than ASTL($818M). ASTL has higher P/E ratio than STLD: ASTL (16.67) vs STLD (9.25). STLD YTD gains are higher at: 14.517 vs. ASTL (-20.885).
ASTLSTLDASTL / STLD
Capitalization818M21.2B4%
EBITDAN/AN/A-
Gain YTD-20.88514.517-144%
P/E Ratio16.679.25180%
RevenueN/AN/A-
Total CashN/AN/A-
Total DebtN/A3.07B-
FUNDAMENTALS RATINGS
STLD: Fundamental Ratings
STLD
OUTLOOK RATING
1..100
60
VALUATION
overvalued / fair valued / undervalued
1..100
13
Undervalued
PROFIT vs RISK RATING
1..100
8
SMR RATING
1..100
35
PRICE GROWTH RATING
1..100
50
P/E GROWTH RATING
1..100
17
SEASONALITY SCORE
1..100
n/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
ASTLSTLD
RSI
ODDS (%)
N/A
Bullish Trend 2 days ago
71%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
75%
Bullish Trend 2 days ago
77%
Momentum
ODDS (%)
Bullish Trend 2 days ago
70%
Bullish Trend 2 days ago
79%
MACD
ODDS (%)
Bullish Trend 2 days ago
73%
Bearish Trend 4 days ago
61%
TrendWeek
ODDS (%)
Bullish Trend 2 days ago
65%
Bullish Trend 2 days ago
81%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
77%
Bearish Trend 2 days ago
63%
Advances
ODDS (%)
Bullish Trend 8 days ago
73%
Bullish Trend 8 days ago
80%
Declines
ODDS (%)
Bearish Trend 25 days ago
76%
Bearish Trend 10 days ago
64%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
75%
Bullish Trend 2 days ago
76%
Aroon
ODDS (%)
Bullish Trend 2 days ago
70%
Bearish Trend 2 days ago
58%
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ASTLDaily Signal changed days agoGain/Loss if shorted
 
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STLDDaily Signal changed days agoGain/Loss if shorted
 
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ASTL and

Correlation & Price change

A.I.dvisor indicates that over the last year, ASTL has been loosely correlated with CLF. These tickers have moved in lockstep 48% of the time. This A.I.-generated data suggests there is some statistical probability that if ASTL jumps, then CLF could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ASTL
1D Price
Change %
ASTL100%
+2.07%
CLF - ASTL
48%
Loosely correlated
+1.22%
X - ASTL
41%
Loosely correlated
-0.34%
TX - ASTL
41%
Loosely correlated
+3.23%
STLD - ASTL
41%
Loosely correlated
+3.05%
MT - ASTL
41%
Loosely correlated
+0.43%
More

STLD and

Correlation & Price change

A.I.dvisor indicates that over the last year, STLD has been closely correlated with NUE. These tickers have moved in lockstep 81% of the time. This A.I.-generated data suggests there is a high statistical probability that if STLD jumps, then NUE could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To STLD
1D Price
Change %
STLD100%
+3.05%
NUE - STLD
81%
Closely correlated
+2.69%
CLF - STLD
61%
Loosely correlated
+1.22%
RS - STLD
58%
Loosely correlated
+0.92%
CMC - STLD
58%
Loosely correlated
+2.37%
MTUS - STLD
53%
Loosely correlated
+1.38%
More