ASTLW Stock Summary and Trading Ideas (Algoma Steel Group - Warrant | :ASTLW)

Algoma Steel Group - Warrant trades on the stock market under the symbol ASTLW.

As of July 26, 2024, ASTLW stock price declined to $1.24 with 6,513 million shares trading.

ASTLW has a beta of 0.45, meaning it tends to be less sensitive to market movements. ASTLW has a correlation of 0.01 to the broad based SPY ETF.

ASTLW has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

ASTLW stock has underperformed the market in the last year with a return of +9.7%, while SPY returned +21.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ASTLW shares. However, ASTLW has outperformed the market in the last 3 month and 2 week periods, returning +8.8% and +30.6%, while SPY returned +8.5% and -2.2%, respectively. This indicates ASTLW has been having a stronger performance recently.

ASTLW support price is $1.17 and resistance is $1.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ASTLW stock will trade within this expected range on the day.