Avance Gas (Germany) Performance
| A07 Stock | EUR 9.01 0.14 1.53% |
The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Avance Gas are expected to decrease at a much lower rate. During the bear market, Avance Gas is likely to outperform the market. At this point, Avance Gas Holding has a negative expected return of -0.0486%. Please make sure to confirm Avance Gas' market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Avance Gas Holding 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 Avance Gas Holding has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Avance Gas is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Fifty Two Week Low | 2.3620 | |
| Fifty Two Week High | 4.8700 |
Avance |
Avance Gas Relative Risk vs. Return Landscape
If you would invest 945.00 in Avance Gas Holding on August 27, 2024 and sell it today you would lose (44.00) from holding Avance Gas Holding or give up 4.66% of portfolio value over 90 days. Avance Gas Holding is producing return of less than zero assuming 2.2455% volatility of returns over the 90 days investment horizon. Simply put, 19% of all stocks have less volatile historical return distribution than Avance Gas, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Avance Gas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avance Gas' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Avance Gas Holding, and traders can use it to determine the average amount a Avance Gas' 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 = -0.0216
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | A07 |
Estimated Market Risk
| 2.25 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Avance Gas 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 Avance Gas by adding Avance Gas to a well-diversified portfolio.
About Avance Gas Performance
By analyzing Avance Gas' fundamental ratios, stakeholders can gain valuable insights into Avance Gas' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Avance Gas 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 Avance Gas has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Avance Gas Holding performance evaluation
Checking the ongoing alerts about Avance Gas for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Avance Gas Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Avance Gas Holding generated a negative expected return over the last 90 days |
- Analyzing Avance Gas' 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 Avance Gas' stock is overvalued or undervalued compared to its peers.
- Examining Avance Gas' 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 Avance Gas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Avance Gas' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Avance Gas' stock. These opinions can provide insight into Avance Gas' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Avance Stock analysis
When running Avance Gas' price analysis, check to measure Avance Gas' 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 Avance Gas is operating at the current time. Most of Avance Gas' value examination focuses on studying past and present price action to predict the probability of Avance Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avance Gas' price. Additionally, you may evaluate how the addition of Avance Gas to your portfolios can decrease your overall portfolio volatility.
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