AXASA 6379 Performance
| 054536AC1 | 109.29 0.00 0.00% |
The bond owns a Beta (Systematic Risk) of -0.0963, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AXASA are expected to decrease at a much lower rate. During the bear market, AXASA is likely to outperform the market.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in AXASA 6379 are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, AXASA is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
AXASA |
AXASA Relative Risk vs. Return Landscape
If you would invest 10,873 in AXASA 6379 on September 3, 2024 and sell it today you would earn a total of 56.00 from holding AXASA 6379 or generate 0.52% return on investment over 90 days. AXASA 6379 is generating 0.0484% of daily returns and assumes 1.1068% volatility on return distribution over the 90 days horizon. Simply put, 9% of bonds are less volatile than AXASA, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
AXASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AXASA's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as AXASA 6379, and traders can use it to determine the average amount a AXASA'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 = 0.0437
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Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average AXASA is performing at about 3% of its full potential. 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 AXASA by adding it to a well-diversified portfolio.
About AXASA Performance
By analyzing AXASA's fundamental ratios, stakeholders can gain valuable insights into AXASA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if AXASA 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 AXASA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.