Ashapura Minechem (India) Performance
| ASHAPURMIN | 254.42 5.68 2.28% |
The firm shows a Beta (market volatility) of -0.0981, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ashapura Minechem are expected to decrease at a much lower rate. During the bear market, Ashapura Minechem is likely to outperform the market. At this point, Ashapura Minechem has a negative expected return of -0.29%. Please make sure to confirm Ashapura Minechem's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Ashapura Minechem 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 Ashapura Minechem Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Even with unsteady performance in the last few months, the Stock's primary indicators remain relatively invariable which may send shares a bit higher in December 2024. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more
Last Split Factor 2:1 | Ex Dividend Date 2022-09-21 | Last Split Date 2007-10-18 |
1 | Ashapura Minechem - Mutual funds made complete exit from these 6 stocks in August - The Economic Times | 09/18/2024 |
2 | Saltoro Alpha buys 2.5 percent stake in Ashapura Minechem - Moneycontrol | 11/22/2024 |
| Begin Period Cash Flow | 771.9 M |
Ashapura |
Ashapura Minechem Relative Risk vs. Return Landscape
If you would invest 32,685 in Ashapura Minechem Limited on August 25, 2024 and sell it today you would lose (7,243) from holding Ashapura Minechem Limited or give up 22.16% of portfolio value over 90 days. Ashapura Minechem Limited is generating negative expected returns and assumes 4.5462% volatility on return distribution over the 90 days horizon. Simply put, 40% of stocks are less volatile than Ashapura, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ashapura Minechem Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ashapura Minechem's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ashapura Minechem Limited, and traders can use it to determine the average amount a Ashapura Minechem'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 = -0.0641
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| Negative Returns | ASHAPURMIN |
Estimated Market Risk
| 4.55 actual daily | 40 60% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ashapura Minechem 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 Ashapura Minechem by adding Ashapura Minechem to a well-diversified portfolio.
Ashapura Minechem Fundamentals Growth
Ashapura Stock prices reflect investors' perceptions of the future prospects and financial health of Ashapura Minechem, and Ashapura Minechem 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 Ashapura Stock performance.
| Return On Equity | 0.37 | ||||
| Return On Asset | 0.0465 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 32.28 B | ||||
| Shares Outstanding | 95.53 M | ||||
| Price To Book | 2.55 X | ||||
| Price To Sales | 1.04 X | ||||
| Revenue | 26.54 B | ||||
| Gross Profit | 13.17 B | ||||
| EBITDA | 4.06 B | ||||
| Net Income | 2.82 B | ||||
| Cash And Equivalents | 46.35 M | ||||
| Total Debt | 9.84 B | ||||
| Book Value Per Share | 101.66 X | ||||
| Cash Flow From Operations | 1.48 B | ||||
| Earnings Per Share | 24.35 X | ||||
| Total Asset | 33.11 B | ||||
| Retained Earnings | 7.05 B | ||||
About Ashapura Minechem Performance
Assessing Ashapura Minechem's fundamental ratios provides investors with valuable insights into Ashapura Minechem's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Ashapura Minechem is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Ashapura Minechem is entity of India. It is traded as Stock on NSE exchange.Things to note about Ashapura Minechem performance evaluation
Checking the ongoing alerts about Ashapura Minechem for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ashapura Minechem help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ashapura Minechem generated a negative expected return over the last 90 days | |
| Ashapura Minechem has high historical volatility and very poor performance | |
| Ashapura Minechem is unlikely to experience financial distress in the next 2 years | |
| About 56.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Saltoro Alpha buys 2.5 percent stake in Ashapura Minechem - Moneycontrol |
- Analyzing Ashapura Minechem'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 Ashapura Minechem's stock is overvalued or undervalued compared to its peers.
- Examining Ashapura Minechem'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 Ashapura Minechem's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ashapura Minechem's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ashapura Minechem's stock. These opinions can provide insight into Ashapura Minechem's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Ashapura Stock Analysis
When running Ashapura Minechem's price analysis, check to measure Ashapura Minechem'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 Ashapura Minechem is operating at the current time. Most of Ashapura Minechem's value examination focuses on studying past and present price action to predict the probability of Ashapura Minechem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashapura Minechem's price. Additionally, you may evaluate how the addition of Ashapura Minechem to your portfolios can decrease your overall portfolio volatility.