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Relatively Low Volatility Detected in Shares of Aluminum of China in the Aluminum Industry

Monday, May 17, 2010
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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 1.5; 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 11.6% since the alert was issued.

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