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.