03 SEPTEMBER 2012Tradingcharts.com
Kaiser Aluminum has the Lowest Beta in the Aluminum Industry
Edited by : AL CIRCLE
1 min read
Below are the three companies in the Aluminum industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.Kaiser Aluminum ranks lowest with a a beta of 1.2. Alcoa is next with a a beta of 1.4. Alumina ranks third lowest with a a beta of 1.5.
Noranda Aluminum follows with a a beta of 1.9, and Century Aluminum rounds out the bottom five with a a beta of 2.0.
SmarTrend recommended that its subscribers protect gains by selling shares of Noranda Aluminum on March 8th, 2012 by issuing a Downtrend alert when the shares were trading at $10.98. Since that call, shares of Noranda Aluminum have fallen 45.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Noranda Aluminum follows with a a beta of 1.9, and Century Aluminum rounds out the bottom five with a a beta of 2.0.
SmarTrend recommended that its subscribers protect gains by selling shares of Noranda Aluminum on March 8th, 2012 by issuing a Downtrend alert when the shares were trading at $10.98. Since that call, shares of Noranda Aluminum have fallen 45.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
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