ALLEGROEU (Germany) Performance
| AL0 Stock | EUR 6.76 0.11 1.60% |
The firm shows a Beta (market volatility) of -0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ALLEGROEU are expected to decrease at a much lower rate. During the bear market, ALLEGROEU is likely to outperform the market. At this point, ALLEGROEU ZY 01 has a negative expected return of -0.33%. Please make sure to confirm ALLEGROEU's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if ALLEGROEU ZY 01 performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days ALLEGROEU ZY 01 has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in January 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
| Fifty Two Week Low | 3.8780 | |
| Fifty Two Week High | 11.0660 |
ALLEGROEU |
ALLEGROEU Relative Risk vs. Return Landscape
If you would invest 829.00 in ALLEGROEU ZY 01 on September 12, 2024 and sell it today you would lose (174.00) from holding ALLEGROEU ZY 01 or give up 20.99% of portfolio value over 90 days. ALLEGROEU ZY 01 is producing return of less than zero assuming 2.3071% volatility of returns over the 90 days investment horizon. Simply put, 20% of all stocks have less volatile historical return distribution than ALLEGROEU, 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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ALLEGROEU Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALLEGROEU's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ALLEGROEU ZY 01, and traders can use it to determine the average amount a ALLEGROEU'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 = -0.1452
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| Negative Returns | AL0 |
Estimated Market Risk
| 2.31 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.33 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ALLEGROEU 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 ALLEGROEU by adding ALLEGROEU to a well-diversified portfolio.
About ALLEGROEU Performance
By examining ALLEGROEU's fundamental ratios, stakeholders can obtain critical insights into ALLEGROEU'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 ALLEGROEU 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.
Things to note about ALLEGROEU ZY 01 performance evaluation
Checking the ongoing alerts about ALLEGROEU for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ALLEGROEU ZY 01 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ALLEGROEU ZY 01 generated a negative expected return over the last 90 days |
- Analyzing ALLEGROEU'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 ALLEGROEU's stock is overvalued or undervalued compared to its peers.
- Examining ALLEGROEU'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 ALLEGROEU's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ALLEGROEU's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ALLEGROEU's stock. These opinions can provide insight into ALLEGROEU's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in ALLEGROEU Stock
ALLEGROEU financial ratios help investors to determine whether ALLEGROEU 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 ALLEGROEU with respect to the benefits of owning ALLEGROEU security.