Arab Aluminum (Egypt) Performance
| ALUM Stock | 13.88 0.22 1.56% |
The firm shows a Beta (market volatility) of -0.0468, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Arab Aluminum are expected to decrease at a much lower rate. During the bear market, Arab Aluminum is likely to outperform the market. At this point, Arab Aluminum has a negative expected return of -0.1%. Please make sure to confirm Arab Aluminum's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Arab Aluminum 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 Arab Aluminum has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's technical and fundamental indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
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Arab Aluminum Relative Risk vs. Return Landscape
If you would invest 1,479 in Arab Aluminum on November 2, 2024 and sell it today you would lose (91.00) from holding Arab Aluminum or give up 6.15% of portfolio value over 90 days. Arab Aluminum is generating negative expected returns and assumes 2.1576% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Arab, 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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Arab Aluminum Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arab Aluminum's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Arab Aluminum, and traders can use it to determine the average amount a Arab Aluminum'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 = -0.0485
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| Negative Returns | ALUM |
Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Arab Aluminum 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 Arab Aluminum by adding Arab Aluminum to a well-diversified portfolio.
Things to note about Arab Aluminum performance evaluation
Checking the ongoing alerts about Arab Aluminum for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Arab Aluminum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Arab Aluminum generated a negative expected return over the last 90 days |
- Analyzing Arab Aluminum'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 Arab Aluminum's stock is overvalued or undervalued compared to its peers.
- Examining Arab Aluminum'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 Arab Aluminum's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Arab Aluminum's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Arab Aluminum's stock. These opinions can provide insight into Arab Aluminum's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Arab Stock analysis
When running Arab Aluminum's price analysis, check to measure Arab Aluminum's 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 Arab Aluminum is operating at the current time. Most of Arab Aluminum's value examination focuses on studying past and present price action to predict the probability of Arab Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arab Aluminum's price. Additionally, you may evaluate how the addition of Arab Aluminum to your portfolios can decrease your overall portfolio volatility.
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