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Century Aluminum among the list of aluminum companies with the highest beta
Edited by : AL CIRCLE
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Below are the three companies in the Aluminum industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.
Century Aluminum is highest with a beta of 1.8. Century Aluminum Company produces primary aluminum, in both molten and ingot form, through facilities located in the United States. The Company owns and operates a reduction facility in Ravenswood, West Virginia, and owns a partial interest in a reduction facility in Mt. Holly, South Carolina. Century is also the operating partner of a reduction facility in Hawesville, Kentucky. Century Aluminum has traded 119,000 shares thus far today, vs. average volume of 696,000 shares per day. The stock has underperformed the Dow (-0.8% to the Dow's -0.4%) and underperformed the S&P 500 (-0.8% to the S&P's -0.2%) during today's trading.
Century Aluminum is highest with a beta of 1.8. Century Aluminum Company produces primary aluminum, in both molten and ingot form, through facilities located in the United States. The Company owns and operates a reduction facility in Ravenswood, West Virginia, and owns a partial interest in a reduction facility in Mt. Holly, South Carolina. Century is also the operating partner of a reduction facility in Hawesville, Kentucky. Century Aluminum has traded 119,000 shares thus far today, vs. average volume of 696,000 shares per day. The stock has underperformed the Dow (-0.8% to the Dow's -0.4%) and underperformed the S&P 500 (-0.8% to the S&P's -0.2%) during today's trading.
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