AKS Competitors

Summary

AK Steel Holding competes with Weyco, Toro, Ryanair Holdings, Air Lease, and Mesa Air; as well as few others. The company runs under Basic Materials sector within Steel industry. Analyzing AK Steel competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of AK Steel to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of AK Steel competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AK Steel's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

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Intrinsic

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Please note, it is not enough to conduct a financial or market analysis of a single entity such as AK Steel. Your research has to be compared to or analyzed against AK Steel's peers to derive any actionable benefits. When done correctly, AK Steel's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in AK Steel Holding.

AK Steel Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between AK Steel and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of AKS and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of AK Steel Holding does not affect the price movement of the other competitor.

	WEYS	TTC	RYAAY	AL	MESA	FKWL	MHO	TFSVF
WEYS		0.82	-0.27	-0.62	0.58	0.11	0.25	-0.63	WEYS
TTC	0.82		-0.32	-0.71	0.61	0.04	0.28	-0.61	TTC
RYAAY	-0.27	-0.32		0.66	-0.21	-0.65	-0.31	0.6	RYAAY
AL	-0.62	-0.71	0.66		-0.41	-0.21	-0.07	0.54	AL
MESA	0.58	0.61	-0.21	-0.41		0.03	0.19	-0.44	MESA
FKWL	0.11	0.04	-0.65	-0.21	0.03		0.42	-0.43	FKWL
MHO	0.25	0.28	-0.31	-0.07	0.19	0.42		-0.23	MHO
TFSVF	-0.63	-0.61	0.6	0.54	-0.44	-0.43	-0.23		TFSVF
	WEYS	TTC	RYAAY	AL	MESA	FKWL	MHO	TFSVF

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High positive correlations

TTC	+ 0.82	WEYS
AL	+ 0.66	RYAAY
MESA	+ 0.61	TTC
TFSVF	+ 0.6	RYAAY
MESA	+ 0.58	WEYS
TFSVF	+ 0.54	AL

High negative correlations

AL	- 0.71	TTC
FKWL	- 0.65	RYAAY
TFSVF	- 0.63	WEYS
AL	- 0.62	WEYS
TFSVF	- 0.61	TTC
TFSVF	- 0.44	MESA

Risk-Adjusted Indicators

There is a big difference between AKS Stock performing well and AK Steel Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze AK Steel's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
WEYS	1.33	(0.13)	0.00	(0.08)	0.00	0.00	2.87	(2.71)	9.97
TTC	1.12	(0.12)	0.00	(0.11)	0.00	0.00	2.11	(2.61)	8.42
RYAAY	1.14	0.12	0.09	0.14	1.19	(1.28)	2.64	(1.89)	8.57
AL	1.18	0.31	0.16	3.29	1.35	(1.30)	2.61	(2.03)	7.87
MESA	3.86	(0.03)	0.01	0.04	4.64	(5.68)	6.17	(7.48)	57.95
FKWL	1.44	(0.18)	0.00	(0.08)	0.00	0.00	3.28	(2.80)	10.19
MHO	1.92	(0.33)	0.00	(0.08)	0.00	0.00	3.30	(5.54)	10.93
TFSVF	0.81	0.19	0.00	0.55	0.00	0.00	4.17	0.00	17.04

AK Steel Competitive Analysis

The better you understand AK Steel competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, AK Steel's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across AK Steel's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	WEYS	TTC	RYAAY	AL	MESA	FKWL	MHO	TFSVF
	0.80 28.36 Weyco	1.76 84.28 Toro	0.23 136.04 Ryanair	1.83 49.53 Air	1.25 0.81 Mesa	0.34 2.94 Franklin	1.96 113.58 MHO	0.00 1.09 24SevenOffice
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Extremely Dangerous	Moderately volatile	Very steady	Very risky
Market Performance (90 Days Performance)	Very Weak	Very Weak	Modest	Good	Very Weak	Very Weak	Very Weak	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Below Average	Below Average	Below Average	Very Low	Above Average
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Under Valued	Under Valued	Over Valued	Fairly Valued	Over Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Strong Sell	Buy	Strong Buy	Strong Buy	Strong Sell	Strong Sell	Hold	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Strong Hold	Strong Hold	Strong Hold	Strong Sell	Hold	Hold	Buy
Current Ratio	6.28 X	1.59 X	1.08 X	0.90 X	0.40 X	5.21 X	6.73 X	3.56 X
Net Asset	309.34 M	3.64 B	16.41 B	30.45 B	898.47 M	56.93 M	4.04 B	N/A
Profit Margin	0.09 %	0.07 %	0.16 %	0.23 %	(0.24) %	(0.05) %	0.12 %	(0.66) %
EBITDA	43.8 M	729.7 M	2.37 B	1.81 B	23.19 M	1.04 M	596.32 M	N/A
Operating Margin	0.15 %	0.09 %	(0.01) %	0.53 %	(0.15) %	(0.18) %	0.13 %	N/A
Current Valuation	214.11 M	10.07 B	154.67 B	24.08 B	539.68 M	3.54 M	3.39 B	216.63 M
Price To Book	1.12 X	5.79 X	3.76 X	0.76 X	0.17 X	0.92 X	1.30 X	N/A
Retained Earnings	180.65 M	1.44 B	4.18 B	3.87 B	(71.12 M)	29.1 M	2.3 B	N/A
Current Asset	179.48 M	779.01 M	4.82 B	1.24 B	150.29 M	28.17 M	1.13 B	N/A
Five Year Return	3.91 %	1.21 %	N/A	1.40 %	N/A	N/A	0.71 %	N/A
Beta	0.81	0.72	1.53	1.65	2.98	0.084	2.14	0.7
Number Of Employees	397	10.71 K	25 K	163	2.3 K	69	1.61 K	200
Shares Outstanding	9.51 M	104.41 M	228.01 M	111.37 M	40.94 M	11.78 M	27.76 M	N/A
Cash Flow From Operations	98.63 M	306.8 M	3.89 B	1.75 B	(24.09 M)	(1.88 M)	552.13 M	(48.51 M)
Annual Yield	0.03 %	0.02 %	0.01 %	0.02 %	N/A	N/A	N/A	N/A
Total Debt	13.51 M	1.16 B	4.12 B	19.18 B	541.01 M	159.1 K	936.49 M	N/A
Return On Equity	0.13	0.19	0.29	0.089	-0.47	-0.0596	0.2	-0.49
Z Score	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return On Asset	0.0799	0.0902	0.087	0.0296	-0.0231	-0.0292	0.0932	-0.14
Number Of Shares Shorted	40.97 K	4.93 M	2.4 M	5.31 M	2.04 M	10.41 K	871.37 K	N/A
Book Value Per Share	25.93 X	14.88 X	6.91 X	64.49 X	4.89 X	3.23 X	90.66 X	N/A
Current Liabilities	61.19 M	463.84 M	3.37 B	1.07 B	243.77 M	13.53 M	106.44 M	N/A
Total Asset	309.34 M	3.64 B	16.41 B	30.45 B	898.47 M	56.93 M	4.04 B	N/A
Debt To Equity	0.08 %	0.88 %	0.81 %	2.85 %	1.59 %	0.01 %	0.48 %	0.71 %
Short Ratio	3.62 X	6.44 X	6.72 X	1.95 X	9.04 X	0.43 X	3.54 X	N/A
Target Price	26.0	100.14	157.0	52.83	2.0	16.0	93.5	N/A
Last Dividend Paid	1.0	1.38	0.18	0.81	N/A	N/A	N/A	N/A
Shares Owned By Institutions	24.47 %	91.15 %	46.20 %	91.34 %	13.40 %	17.65 %	97.59 %	14.47 %
Market Capitalization	266.39 M	8.96 B	30.97 B	5.4 B	32.75 M	34.76 M	3.21 B	N/A
Price To Earning	8.38 X	32.76 X	16.27 X	8.71 X	1.46 X	1.91 X	4.41 X	N/A
Price To Earnings To Growth	N/A	1.34 X	70.75 X	0.91 X	(1.48) X	N/A	0.78 X	N/A
Price To Sales	0.87 X	2.03 X	2.42 X	2.01 X	0.07 X	0.74 X	0.81 X	N/A
Net Income	30.19 M	329.7 M	1.31 B	614.62 M	(120.12 M)	(2.94 M)	465.37 M	(73.84 M)
Earnings Per Share	3.17 X	2.74 X	9.48 X	5.14 X	(3.04) X	(0.20) X	15.84 X	N/A
Shares Owned By Insiders	36.50 %	0.50 %	N/A	6.51 %	21.74 %	22.18 %	2.41 %	65.11 %
Revenue	318.05 M	4.55 B	10.78 B	2.68 B	498.06 M	45.95 M	4.03 B	N/A
Working Capital	160.49 M	850.2 M	(1.51 B)	(843.51 M)	(129.32 M)	35.34 M	3.42 B	N/A
Cash And Equivalents	8.43 M	188.25 M	4.62 B	766.42 M	54.45 M	42.61 M	311.54 M	N/A
Cash Per Share	0.89 X	2.22 X	20.37 X	9.13 X	1.50 X	3.65 X	2.43 X	N/A
Gross Profit	144.39 M	1.58 B	791.1 M	1.35 B	115.04 M	7.02 M	1.06 B	69.2 M
Day Typical Price	28.36	84.9	136.89	49.18	0.81	2.94	113.11	1.09
Accumulation Distribution	N/A	24427.37	0.0278	0.021	0.0482	N/A	0.031	N/A
Market Facilitation Index	N/A	0.0	3.87	1.04	0.04	N/A	3.56	N/A
Daily Balance Of Power	(9,223,372,036,855)	(0.59)	(0.08)	0.8558	0.25	(9,223,372,036,855)	0.6124	0.0
Period Momentum Indicator	(0.23)	(1.51)	(0.31)	0.89	0.01	(0.01)	2.18	N/A
Rate Of Daily Change	0.99	0.98	1.0	1.02	1.01	1.0	1.02	1.0
Day Median Price	28.36	85.22	137.32	49.01	0.81	2.94	112.88	1.09
Price Action Indicator	(0.12)	(1.69)	(1.43)	0.96	0.005	(0.01)	1.79	N/A
Relative Strength Index	41.22	43.68	46.93	57.74	41.07	50.66	41.53	74.9
Coefficient Of Variation	(2,498)	(2,015)	800.05	488.36	5727.63	(1,894)	(1,237)	969.95
Mean Deviation	1.33	1.12	1.14	1.18	3.86	1.44	1.92	0.8102
Jensen Alpha	(0.13)	(0.12)	0.1173	0.3109	(0.03)	(0.18)	(0.33)	0.1865
Total Risk Alpha	(0.22)	(0.19)	0.0678	0.2006	(0.44)	(0.27)	(0.39)	0.0541
Sortino Ratio	N/A	N/A	0.094	0.1605	0.015	N/A	N/A	N/A
Downside Variance	N/A	N/A	1.87	2.83	30.4	N/A	N/A	N/A
Standard Deviation	1.84	1.5	1.47	1.59	7.91	2.04	2.5	2.07
Kurtosis	1.53	1.71	0.7915	1.44	24.93	1.9	0.0204	11.1
Potential Upside	2.87	2.11	2.64	2.61	6.17	3.28	3.3	4.17
Treynor Ratio	(0.08)	(0.11)	0.1395	3.29	0.0358	(0.08)	(0.08)	0.5506
Maximum Drawdown	9.97	8.42	8.57	7.87	57.95	10.19	10.93	17.04
Variance	3.39	2.26	2.17	2.52	62.61	4.18	6.23	4.28
Market Risk Adjusted Performance	(0.07)	(0.1)	0.1495	3.3	0.0458	(0.07)	(0.07)	0.5606
Risk Adjusted Performance	(0.02)	(0.03)	0.0845	0.1351	0.0202	(0.03)	(0.04)	0.072
Skewness	(0.52)	(0.73)	(0.02)	(0.27)	3.94	0.8106	(0.59)	1.29
Semi Deviation	N/A	N/A	1.19	1.35	4.64	N/A	N/A	N/A
Information Ratio	(0.07)	(0.09)	0.0873	0.1698	0.0104	(0.08)	(0.10)	0.0763
Value At Risk	(2.71)	(2.61)	(1.89)	(2.03)	(7.48)	(2.80)	(5.54)	N/A
Expected Short fall	N/A	N/A	(1.28)	(1.30)	(5.68)	N/A	N/A	N/A
Downside Deviation	N/A	N/A	1.37	1.68	5.51	N/A	N/A	N/A
Semi Variance	N/A	N/A	1.41	1.83	21.57	N/A	N/A	N/A

AK Steel Competition Performance Charts

Five steps to successful analysis of AK Steel Competition

AK Steel's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by AK Steel Holding in relation to its competition. AK Steel's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of AK Steel in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact AK Steel's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to AK Steel Holding, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your AK Steel position

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Other Consideration for investing in AKS Stock

If you are still planning to invest in AK Steel Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the AK Steel's history and understand the potential risks before investing.

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