STARLUX Airlines (Taiwan) Performance
| 2646 Stock | 27.55 0.25 0.90% |
The entity owns a Beta (Systematic Risk) of -0.0476, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning STARLUX Airlines are expected to decrease at a much lower rate. During the bear market, STARLUX Airlines is likely to outperform the market. At this point, STARLUX Airlines has a negative expected return of -0.0539%. Please make sure to validate STARLUX Airlines' coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if STARLUX Airlines performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days STARLUX Airlines Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, STARLUX Airlines is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
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STARLUX Airlines Relative Risk vs. Return Landscape
If you would invest 2,870 in STARLUX Airlines Co on August 31, 2024 and sell it today you would lose (115.00) from holding STARLUX Airlines Co or give up 4.01% of portfolio value over 90 days. STARLUX Airlines Co is generating negative expected returns and assumes 1.5667% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than STARLUX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
STARLUX Airlines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for STARLUX Airlines' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as STARLUX Airlines Co, and traders can use it to determine the average amount a STARLUX Airlines' 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 = -0.0344
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| Negative Returns | 2646 |
Estimated Market Risk
| 1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average STARLUX Airlines 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 STARLUX Airlines by adding STARLUX Airlines to a well-diversified portfolio.
Things to note about STARLUX Airlines performance evaluation
Checking the ongoing alerts about STARLUX Airlines for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for STARLUX Airlines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| STARLUX Airlines generated a negative expected return over the last 90 days |
- Analyzing STARLUX Airlines' 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 STARLUX Airlines' stock is overvalued or undervalued compared to its peers.
- Examining STARLUX Airlines' 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 STARLUX Airlines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of STARLUX Airlines' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of STARLUX Airlines' stock. These opinions can provide insight into STARLUX Airlines' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for STARLUX Stock Analysis
When running STARLUX Airlines' price analysis, check to measure STARLUX Airlines' 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 STARLUX Airlines is operating at the current time. Most of STARLUX Airlines' value examination focuses on studying past and present price action to predict the probability of STARLUX Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STARLUX Airlines' price. Additionally, you may evaluate how the addition of STARLUX Airlines to your portfolios can decrease your overall portfolio volatility.