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SHARES OF ALUMINUM OF CHINA RANK THE LOWEST IN TERMS OF BETA IN THE ALUMINUM INDUSTRY (ACH, AWC, KALU, AA, CENX)
- China Aluminium Network
- Post Time: 2010/7/14
- Click Amount: 550
Jul 13, 2010 (SmarTrend(R) News Watch via COMTEX) -- Below are the top five companies in the Aluminum industry as measured by beta. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
Aluminum of China (NYSE:ACH) ranks first with a beta of 1.4; Alumina (NYSE:AWC) ranks second with a beta of 1.6; and Kaiser Aluminum (NASDAQ:KALU) ranks third with a beta of 1.6.
Alcoa (NYSE:AA) follows with a beta of 1.7 and Century Aluminum (NASDAQ:CENX) rounds out the top five with a beta of 2.8.
SmarTrend is bearish on shares of ACH and our subscribers were alerted to Sell on April 27, 2010 at $24.91. The stock has fallen 21.3% since the alert was issued.
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