Audax Renovables (Spain) Performance
| ADX Stock | EUR 1.66 0.02 1.19% |
The firm shows a Beta (market volatility) of -0.0479, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Audax Renovables are expected to decrease at a much lower rate. During the bear market, Audax Renovables is likely to outperform the market. At this point, Audax Renovables has a negative expected return of -0.17%. Please make sure to confirm Audax Renovables' potential upside, day median price, and the relationship between the total risk alpha and accumulation distribution , to decide if Audax Renovables 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 Audax Renovables SA has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Stock's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders. ...more
| Begin Period Cash Flow | 368.2 M | |
| Total Cashflows From Investing Activities | -115.1 M |
Audax |
Audax Renovables Relative Risk vs. Return Landscape
If you would invest 187.00 in Audax Renovables SA on August 28, 2024 and sell it today you would lose (21.00) from holding Audax Renovables SA or give up 11.23% of portfolio value over 90 days. Audax Renovables SA is producing return of less than zero assuming 1.5821% volatility of returns over the 90 days investment horizon. Simply put, 14% of all stocks have less volatile historical return distribution than Audax Renovables, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Audax Renovables Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Audax Renovables' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Audax Renovables SA, and traders can use it to determine the average amount a Audax Renovables' 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 = -0.108
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Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Audax Renovables 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 Audax Renovables by adding Audax Renovables to a well-diversified portfolio.
Audax Renovables Fundamentals Growth
Audax Stock prices reflect investors' perceptions of the future prospects and financial health of Audax Renovables, and Audax Renovables 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 Audax Stock performance.
| Return On Equity | 0.0583 | |||
| Return On Asset | 0.0178 | |||
| Profit Margin | 0 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 780.52 M | |||
| Shares Outstanding | 440.29 M | |||
| Price To Earning | 23.33 X | |||
| Price To Book | 2.75 X | |||
| Price To Sales | 0.15 X | |||
| Revenue | 1.68 B | |||
| EBITDA | 55.24 M | |||
| Cash And Equivalents | 450.69 M | |||
| Cash Per Share | 1.02 X | |||
| Total Debt | 529.81 M | |||
| Debt To Equity | 4.33 % | |||
| Book Value Per Share | 0.30 X | |||
| Cash Flow From Operations | (74.05 M) | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 1.35 B | |||
About Audax Renovables Performance
By analyzing Audax Renovables' fundamental ratios, stakeholders can gain valuable insights into Audax Renovables' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Audax Renovables 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 Audax Renovables has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Audax Renovables, S.A. engages in the generation and supplying of renewable electricity and gas in Spain, Portugal, Italy, Germany, Poland, the Netherlands, and Hungary. The company was incorporated in 2000 and is based in Badalona, Spain. AUDAX RENOVABLES operates under UtilitiesRenewable classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 757 people.Things to note about Audax Renovables performance evaluation
Checking the ongoing alerts about Audax Renovables for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Audax Renovables help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Audax Renovables generated a negative expected return over the last 90 days | |
| Audax Renovables may become a speculative penny stock | |
| Audax Renovables SA has accumulated about 450.69 M in cash with (74.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.02. | |
| Roughly 82.0% of the company shares are held by company insiders |
- Analyzing Audax Renovables' 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 Audax Renovables' stock is overvalued or undervalued compared to its peers.
- Examining Audax Renovables' 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 Audax Renovables' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Audax Renovables' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Audax Renovables' stock. These opinions can provide insight into Audax Renovables' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Audax Stock analysis
When running Audax Renovables' price analysis, check to measure Audax Renovables' 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 Audax Renovables is operating at the current time. Most of Audax Renovables' value examination focuses on studying past and present price action to predict the probability of Audax Renovables' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Audax Renovables' price. Additionally, you may evaluate how the addition of Audax Renovables to your portfolios can decrease your overall portfolio volatility.
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