ALTER NRG (Germany) Performance
| AND Stock | 37.00 1.20 0.00% |
The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ALTER NRG's returns are expected to increase less than the market. However, during the bear market, the loss of holding ALTER NRG is expected to be smaller as well. At this point, ALTER NRG has a negative expected return of -0.53%. Please make sure to confirm ALTER NRG's total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if ALTER NRG performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days ALTER NRG has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
ALTER |
ALTER NRG Relative Risk vs. Return Landscape
If you would invest 3,980 in ALTER NRG on September 12, 2024 and sell it today you would lose (1,160) from holding ALTER NRG or give up 29.15% of portfolio value over 90 days. ALTER NRG is currently producing negative expected returns and takes up 2.552% volatility of returns over 90 trading days. Put another way, 22% of traded stocks are less volatile than ALTER, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
ALTER NRG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALTER NRG's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ALTER NRG, and traders can use it to determine the average amount a ALTER NRG'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 = -0.2077
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| Negative Returns | AND |
Estimated Market Risk
| 2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.53 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ALTER NRG 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 ALTER NRG by adding ALTER NRG to a well-diversified portfolio.
About ALTER NRG Performance
By analyzing ALTER NRG's fundamental ratios, stakeholders can gain valuable insights into ALTER NRG's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ALTER NRG 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 ALTER NRG 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 ALTER NRG performance evaluation
Checking the ongoing alerts about ALTER NRG for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ALTER NRG help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ALTER NRG generated a negative expected return over the last 90 days |
- Analyzing ALTER NRG'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 ALTER NRG's stock is overvalued or undervalued compared to its peers.
- Examining ALTER NRG'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 ALTER NRG's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ALTER NRG's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ALTER NRG's stock. These opinions can provide insight into ALTER NRG's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ALTER Stock analysis
When running ALTER NRG's price analysis, check to measure ALTER NRG'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 ALTER NRG is operating at the current time. Most of ALTER NRG's value examination focuses on studying past and present price action to predict the probability of ALTER NRG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALTER NRG's price. Additionally, you may evaluate how the addition of ALTER NRG to your portfolios can decrease your overall portfolio volatility.
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