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Lowest Beta Detected in Kaiser Aluminum shares
Edited by : AL CIRCLE
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. SmarTrend lists 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. Following is Alcoa with a a beta of 1.4. Alumina ranks third lowest with a a beta of 1.6.
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 Century Aluminum on May 7th, 2012 by issuing a Downtrend alert when the shares were trading at $8.17. Since that call, shares of Century Aluminum have fallen 13.2%.
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 Century Aluminum on May 7th, 2012 by issuing a Downtrend alert when the shares were trading at $8.17. Since that call, shares of Century Aluminum have fallen 13.2%.
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