Algoma Steel Group is a holding company. Through its subsidiaries, Co. is an integrated steel producer of hot and cold rolled steel products. Co. manufactures semi-finished and finished flat steel sheet and plate products. Co.'s coil sheet steel products include a variety of widths, gauges and grades, and are available unprocessed form as well as with temper processing for hot rolled coil, annealed and full hard cold-rolled coil, hot-rolled pickled and oiled products, floor plate and cut-to-length products. Co.'s plate steel products consist of various carbon-manganese, high-strength and low-alloy grades, and are sold in the as-rolled condition as well as subsequent heat-treated conditions. The ASTL average annual return since 2021 is shown above.
The Average Annual Return on the ASTL average annual return since 2021 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether ASTL average annual return since 2021 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ASTL average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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