ASTL
Price
$7.77
Change
-$0.13 (-1.65%)
Updated
May 10, 6:59 PM EST
TX
Price
$42.19
Change
+$0.64 (+1.54%)
Updated
May 10, 6:59 PM EST
80 days until earnings call
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ASTL vs TX

Header iconASTL vs TX Comparison
Open Charts ASTL vs TXBanner chart's image
Algoma Steel Group
Price$7.77
Change-$0.13 (-1.65%)
Volume$146.68K
CapitalizationN/A
Ternium SA
Price$42.19
Change+$0.64 (+1.54%)
Volume$135.61K
CapitalizationN/A
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ASTL vs TX Comparison Chart

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ASTLDaily Signal changed days agoGain/Loss if shorted
 
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TXDaily Signal changed days agoGain/Loss if shorted
 
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VS
ASTL vs. TX commentary
May 12, 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 TX is a Hold.

COMPARISON
Comparison
May 12, 2024
Stock price -- (ASTL: $7.77 vs. TX: $42.18)
Brand notoriety: ASTL and TX are both not notable
Both companies represent the Steel industry
Current volume relative to the 65-day Moving Average: ASTL: 62% vs. TX: 155%
Market capitalization -- ASTL: $818.45M vs. TX: $8.28B
ASTL [@Steel] is valued at $818.45M. TX’s [@Steel] market capitalization is $8.28B. The market cap for tickers in the [@Steel] industry ranges from $41.81B to $0. The average market capitalization across the [@Steel] industry is $5.69B.

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 whileTX’s FA Score has 3 green FA rating(s).

  • ASTL’s FA Score: 2 green, 3 red.
  • TX’s FA Score: 3 green, 2 red.
According to our system of comparison, TX 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 5 TA indicator(s) are bullish while TX’s TA Score has 6 bullish TA indicator(s).

  • ASTL’s TA Score: 5 bullish, 4 bearish.
  • TX’s TA Score: 6 bullish, 3 bearish.
According to our system of comparison, TX is a better buy in the short-term than ASTL.

Price Growth

ASTL (@Steel) experienced а -0.51% price change this week, while TX (@Steel) price change was +4.69% for the same time period.

The average weekly price growth across all stocks in the @Steel industry was +0.16%. For the same industry, the average monthly price growth was -1.72%, and the average quarterly price growth was +6.76%.

Reported Earning Dates

TX is expected to report earnings on Jul 30, 2024.

Industries' Descriptions

@Steel (+0.16% 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 TX with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
TX($8.28B) has a higher market cap than ASTL($818M). ASTL has higher P/E ratio than TX: ASTL (16.67) vs TX (12.78). TX YTD gains are higher at: -0.683 vs. ASTL (-22.089).
ASTLTXASTL / TX
Capitalization818M8.28B10%
EBITDAN/AN/A-
Gain YTD-22.089-0.6833,235%
P/E Ratio16.6712.78130%
RevenueN/AN/A-
Total CashN/A493M-
Total DebtN/A2.33B-
FUNDAMENTALS RATINGS
TX: Fundamental Ratings
TX
OUTLOOK RATING
1..100
65
VALUATION
overvalued / fair valued / undervalued
1..100
2
Undervalued
PROFIT vs RISK RATING
1..100
33
SMR RATING
1..100
87
PRICE GROWTH RATING
1..100
48
P/E GROWTH RATING
1..100
10
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
ASTLTX
RSI
ODDS (%)
N/A
Bearish Trend 2 days ago
68%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
75%
Bullish Trend 2 days ago
81%
Momentum
ODDS (%)
Bearish Trend 2 days ago
77%
Bullish Trend 2 days ago
77%
MACD
ODDS (%)
Bullish Trend 2 days ago
64%
Bullish Trend 2 days ago
76%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
71%
Bullish Trend 2 days ago
73%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
77%
Bullish Trend 2 days ago
71%
Advances
ODDS (%)
Bullish Trend 9 days ago
73%
Bullish Trend 2 days ago
77%
Declines
ODDS (%)
Bearish Trend 26 days ago
76%
Bearish Trend 9 days ago
70%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
85%
Bearish Trend 2 days ago
68%
Aroon
ODDS (%)
Bullish Trend 2 days ago
72%
Bullish Trend 2 days ago
76%
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ASTLDaily Signal changed days agoGain/Loss if shorted
 
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TXDaily 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 47% 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%
-1.65%
CLF - ASTL
47%
Loosely correlated
-0.74%
TX - ASTL
41%
Loosely correlated
+1.57%
STLD - ASTL
41%
Loosely correlated
+0.25%
X - ASTL
41%
Loosely correlated
-0.39%
RDUS - ASTL
40%
Loosely correlated
+0.99%
More