Reliance Steel Stock Forward View - Simple Moving Average
| RS Stock | USD 297.80 0.36 0.12% |
Momentum
Sell Extended
Oversold | Overbought |
This view frames how Reliance Steel Aluminum responds to recent headlines and peer activity within its market context.
The Simple Moving Average forecasted value of Reliance Steel Aluminum on the next trading day is expected to be 297.62 with a mean absolute deviation of 4.24 and the sum of the absolute errors of 250.11.Reliance Steel after-hype prediction price | $ 297.8 |
The hype panel supports comparisons with forecasting models, technical signals, analyst consensus, and earnings.
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Reliance Steel Additional Predictive Modules
Predictive models for Reliance Steel combine technical indicators with statistical methods to estimate probable price trajectories. Ensemble techniques that blend multiple model outputs often produce more stable predictions than any single model.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Simple Moving Average Price Forecast For the 17th of March 2026
Given 90 days horizon, the Simple Moving Average forecasted value of Reliance Steel Aluminum on the next trading day is expected to be 297.62 with a mean absolute deviation of 4.24 , mean absolute percentage error of 29.82 , and the sum of the absolute errors of 250.11 .Please note that although there have been many attempts to predict Reliance Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Reliance Steel's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Reliance Steel | Reliance Steel Price Prediction | Research Analysis |
Forecasted Value
Forecasting Reliance Steel Aluminum for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. Investors should still remember that no empirical framework consistently proves that one family of forecasting models will outperform all other approaches in live markets.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Reliance Steel stock data series using in forecasting. Note that when a statistical model is used to represent Reliance Steel stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 117.8299 |
| Bias | Arithmetic mean of the errors | -0.0575 |
| MAD | Mean absolute deviation | 4.2392 |
| MAPE | Mean absolute percentage error | 0.0133 |
| SAE | Sum of the absolute errors | 250.11 |
Mean reversion in Reliance Steel is more reliable over longer time horizons. Short-term deviations can persist and even widen before correcting, making position sizing and risk management critical.
After-Hype Price Density Analysis
Investors who rely solely on expected value estimates for Reliance Steel miss the full picture. Reliance Steel's probability distribution reveals that expected value can be achieved through very different combinations of outcomes, each with different risk implications.
Next price density |
| Expected price to next headline |
Estimiated After-Hype Price Volatility
The after-news price analysis for Reliance Steel is built on the observation that Reliance Steel's market reactions to news are not random but follow recognizable patterns. Reliance Steel's after-hype downside and upside margins for the prediction period are 296.26 and 299.34, respectively. Identifying and quantifying these patterns for Reliance Steel is the core purpose of this model.
Current Value
The next after-hype price estimate for Reliance Steel Aluminum is modeled on a 3 months horizon and is intended to show how price could normalize after sentiment pressure fades. Used correctly, the estimate adds context around potential normalization rather than promising a specific realized outcome.
Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Reliance Steel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Reliance Steel backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Reliance Steel, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.04 | 1.54 | 0.00 | 0.01 | 0 Events | 3 Events | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
297.80 | 297.80 | 0.00 |
|
Hype Timeline
As of March 16, 2026 Reliance Steel Aluminum is listed for 297.80. The company stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Reliance is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is at this time at 0.04%. %. The volatility of related hype on Reliance Steel is about 916.67%, with the expected price after the next announcement by competition of 297.81. About 85.0% of the company shares are owned by institutional investors. The book value of Reliance Steel was at this time reported as 138.59. The company has Price/Earnings To Growth (PEG) ratio of 2.29. Reliance Steel Aluminum recorded earnings per share (EPS) of 13.98. The company had its last dividend issued on the 6th of March 2026. The firm completed a 2:1 stock split on 20th of July 2006. Allowing for the 90-day total investment horizon the next projected press release will be within a week. Historical Fundamental Analysis of Reliance Steel can be used to cross-verify projections for Reliance Steel. The historical series provides projection context.Related Hype Analysis
The information ratio and semi-deviation metrics in the peer comparison table for Reliance Steel provide a risk-adjusted view of how efficiently Reliance Steel's competitors convert news exposure into returns relative to downside risk.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| RPM | RPM International | 0.00 | 0 per month | 0.00 | -0.04 | 3.25 | -2.64 | 8.21 | |
| CX | Cemex SAB de | 0.00 | 0 per month | 0.00 | -0.02 | 3.46 | -4.95 | 12.45 | |
| PKX | POSCO Holdings | 0.56 | 8 per month | 2.62 | 0.07 | 3.47 | -3.98 | 19.84 | |
| SQM | Sociedad Quimica y | 0.56 | 8 per month | 3.29 | 0.11 | 5.38 | -5.88 | 16.09 | |
| STLD | Steel Dynamics | 0.00 | 0 per month | 2.25 | 0.04 | 4.34 | -3.92 | 9.83 | |
| CF | CF Industries Holdings | 0.00 | 0 per month | 1.96 | 0.26 | 4.96 | -3.63 | 17.94 | |
| LYB | LyondellBasell Industries NV | 0.00 | 0 per month | 1.57 | 0.30 | 6.40 | -2.83 | 13.06 | |
| AGI | Alamos Gold | 0.00 | 0 per month | 4.53 | 0.11 | 5.72 | -6.26 | 17.91 | |
| DD | Dupont De Nemours | 0.56 | 10 per month | 1.56 | 0.11 | 3.42 | -2.83 | 10.08 | |
| PAAS | Pan American Silver | 0.00 | 0 per month | 4.53 | 0.08 | 6.12 | -8.10 | 21.61 |
Other Forecasting Options for Reliance Steel
For investors considering Reliance, Reliance Steel's price movement is the most direct driver of investment returns. Noise in Reliance Stock price charts can make identifying meaningful trends difficult without dedicated analytical tools.Reliance Steel Related Equities
The following equities are related to Reliance Steel within the Materials space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Reliance Steel against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
Reliance Steel Market Strength Events
Market strength indicators for Reliance Steel provide investors with a view of how the stock performs across different market environments. By analyzing these indicators, traders can determine the best moments to enter or exit positions in Reliance Steel Aluminum.
Reliance Steel Risk Indicators
A structured analysis of Reliance Steel's risk indicators is one of the most reliable ways to improve the accuracy of price forecasts. Understanding the risk embedded in Reliance Steel's allows investors to decide whether to accept, reduce, or hedge their exposure.
| Mean Deviation | 1.17 | |||
| Semi Deviation | 1.45 | |||
| Standard Deviation | 1.54 | |||
| Variance | 2.37 | |||
| Downside Variance | 2.21 | |||
| Semi Variance | 2.1 | |||
| Expected Short fall | -1.27 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Reliance Steel
Coverage intensity for Reliance Steel Aluminum matters because narrative visibility can influence sentiment, participation, and volatility around the name. This is most useful when investors want to understand why a security is suddenly drawing more public discussion.
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Reliance Steel Short Properties
Short sentiment tied to Reliance Steel Aluminum matters because heavier bearish pressure can change how quickly future price expectations become unstable. The stronger read compares short sentiment with trend behavior, volume, and the broader market narrative.
| Common Stock Shares Outstanding | 52.9 M | |
| Cash And Short Term Investments | 216.6 M |
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