Air Astana (UK) Performance
| AIRA Stock | 6.20 0.05 0.80% |
The firm shows a Beta (market volatility) of 0.7, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Air Astana's returns are expected to increase less than the market. However, during the bear market, the loss of holding Air Astana is expected to be smaller as well. At this point, Air Astana Joint has a negative expected return of -0.14%. Please make sure to confirm Air Astana's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Air Astana Joint 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 Astana Joint has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest uncertain performance, the Stock's essential indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more
1 | Air Astana releases Q3-2024 financial and operational results - Travel Daily | 11/06/2024 |
Air |
Air Astana Relative Risk vs. Return Landscape
If you would invest 685.00 in Air Astana Joint on August 30, 2024 and sell it today you would lose (65.00) from holding Air Astana Joint or give up 9.49% of portfolio value over 90 days. Air Astana Joint is generating negative expected returns and assumes 1.5991% volatility on return distribution over the 90 days horizon. Simply put, 14% 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 |
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Air Astana Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Air Astana's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Air Astana Joint, and traders can use it to determine the average amount a Air Astana'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 = -0.0895
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| Negative Returns | AIRA |
Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Air Astana 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 Astana by adding Air Astana to a well-diversified portfolio.
About Air Astana Performance
By examining Air Astana's fundamental ratios, stakeholders can obtain critical insights into Air Astana's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Air Astana is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Air Astana is entity of United Kingdom. It is traded as Stock on IL exchange.Things to note about Air Astana Joint performance evaluation
Checking the ongoing alerts about Air Astana for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Air Astana Joint help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Air Astana Joint generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Air Astana releases Q3-2024 financial and operational results - Travel Daily |
- Analyzing Air Astana'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 Astana's stock is overvalued or undervalued compared to its peers.
- Examining Air Astana'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 Astana's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Air Astana's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Air Astana's stock. These opinions can provide insight into Air Astana's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Air Stock
Air Astana financial ratios help investors to determine whether Air Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Air with respect to the benefits of owning Air Astana security.