Air Asia (Taiwan) Performance
| 2630 Stock | TWD 30.30 0.20 0.66% |
The firm shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Air Asia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Air Asia is expected to be smaller as well. At this point, Air Asia has a negative expected return of -0.18%. Please make sure to confirm Air Asia's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Air Asia performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Air Asia Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 158.5 M | |
| Total Cashflows From Investing Activities | 4.8 M |
Air |
Air Asia Relative Risk vs. Return Landscape
If you would invest 3,425 in Air Asia Co on September 2, 2024 and sell it today you would lose (395.00) from holding Air Asia Co or give up 11.53% of portfolio value over 90 days. Air Asia Co is generating negative expected returns and assumes 1.7867% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Air, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Air Asia Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Air Asia's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Air Asia Co, and traders can use it to determine the average amount a Air Asia's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0983
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2630 |
Estimated Market Risk
| 1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Air Asia is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Air Asia by adding Air Asia to a well-diversified portfolio.
Air Asia Fundamentals Growth
Air Stock prices reflect investors' perceptions of the future prospects and financial health of Air Asia, and Air Asia fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Air Stock performance.
| Return On Equity | 0.0135 | |||
| Return On Asset | 0.0043 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 3.89 B | |||
| Shares Outstanding | 162.21 M | |||
| Price To Earning | 54.28 X | |||
| Price To Book | 1.24 X | |||
| Price To Sales | 0.69 X | |||
| Revenue | 3.88 B | |||
| EBITDA | 186.95 M | |||
| Cash And Equivalents | 568.64 M | |||
| Cash Per Share | 3.51 X | |||
| Total Debt | 293.75 M | |||
| Debt To Equity | 1.19 % | |||
| Book Value Per Share | 11.89 X | |||
| Cash Flow From Operations | (122.25 M) | |||
| Earnings Per Share | 0.14 X | |||
| Total Asset | 4.74 B | |||
About Air Asia Performance
Evaluating Air Asia's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Air Asia has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Air Asia has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Air Asia Co., Ltd. operates as an aircraft maintenance company in Taiwan and internationally. Air Asia Co., Ltd. was founded in 1946 and is based in Tainan City, Taiwan. AIR ASIA is traded on Taiwan Stock Exchange in Taiwan.Things to note about Air Asia performance evaluation
Checking the ongoing alerts about Air Asia for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Air Asia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Air Asia generated a negative expected return over the last 90 days | |
| Air Asia Co has accumulated about 568.64 M in cash with (122.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.51. | |
| Roughly 78.0% of the company shares are owned by insiders or employees |
- Analyzing Air Asia's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Air Asia's stock is overvalued or undervalued compared to its peers.
- Examining Air Asia's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Air Asia's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Air Asia's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Air Asia's stock. These opinions can provide insight into Air Asia's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Air Stock Analysis
When running Air Asia's price analysis, check to measure Air Asia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Asia is operating at the current time. Most of Air Asia's value examination focuses on studying past and present price action to predict the probability of Air Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Asia's price. Additionally, you may evaluate how the addition of Air Asia to your portfolios can decrease your overall portfolio volatility.