Synalloy Corporation (ACNT)

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Synalloy Corporation (ACNT) is down 14.5% since the beginning of the year. At $14 per share, ACNT is trading 22.8% below its 52-week high of $18. Investors who bought $1,000 worth of ACNT shares 5 years ago would now be looking at an investment worth $1,375.

Synalloy Corporation (ACNT) has returned -14.52% so far this year and 11.43% over the past 12 months. Over the last ten years, ACNT has returned 6.53% per year, falling short of the S&P 500 Index benchmark, which averaged 13.61% annually.

Based on dividend-adjusted daily data since Dec 3, 1991, ACNT's average daily return is +0.07%, while the average monthly return is +1.06%. At this rate, an investment would double in approximately 5.5 years.

Historically, 54% of months were positive and 46% were negative. The best month was Oct 2002 with a return of +73.1%, while the worst month was Oct 2008 at -44.7%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 8 months.

On a daily basis, ACNT closed higher 44% of trading days. The best single day was Nov 3, 1998 with a return of +40.6%, while the worst single day was Nov 9, 2022 at -28.9%.

Synalloy Corporation has an annualized alpha of 14.17%, beta of 0.44, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since December 03, 1991.

• This stock participated in 117.31% of S&P 500 Index downside but only 95.50% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.44 may look defensive, but with R2 of 0.02 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.02 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

ACNT ranks 50 for risk / return — on par with similar stocks. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

Synalloy Corporation provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.

The table displays the monthly dividend distributions for Synalloy Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Synalloy Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Synalloy Corporation was 91.72%, occurring on Nov 21, 2008. The portfolio has not yet recovered.

The current Synalloy Corporation drawdown is 62.26%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Synalloy Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Synalloy Corporation is priced in the market compared to other companies in the Steel industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.