Ashtead Technology (UK) Performance
| AT Stock | 524.00 12.00 2.34% |
The firm shows a Beta (market volatility) of 1.04, which signifies a somewhat significant risk relative to the market. Ashtead Technology returns are very sensitive to returns on the market. As the market goes up or down, Ashtead Technology is expected to follow. At this point, Ashtead Technology has a negative expected return of -0.53%. Please make sure to confirm Ashtead Technology's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Ashtead Technology 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 Ashtead Technology Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in December 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
Forward Dividend Yield 0.0021 | Payout Ratio 0.0363 | Forward Dividend Rate 0.01 | Ex Dividend Date 2024-05-02 |
1 | Is Ashtead Technology Holdings A Risky Investment - Simply Wall St | 09/18/2024 |
2 | We Ran A Stock Scan For Earnings Growth And Ashtead Technology Holdings Passed With Ease - Yahoo Finance | 09/24/2024 |
| Begin Period Cash Flow | 9 M | |
| Free Cash Flow | 19.6 M |
Ashtead |
Ashtead Technology Relative Risk vs. Return Landscape
If you would invest 76,500 in Ashtead Technology Holdings on August 28, 2024 and sell it today you would lose (24,100) from holding Ashtead Technology Holdings or give up 31.5% of portfolio value over 90 days. Ashtead Technology Holdings is producing return of less than zero assuming 3.5958% volatility of returns over the 90 days investment horizon. Simply put, 32% of all stocks have less volatile historical return distribution than Ashtead Technology, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ashtead Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ashtead Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ashtead Technology Holdings, and traders can use it to determine the average amount a Ashtead Technology'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 = -0.1462
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Estimated Market Risk
| 3.6 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.53 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 Ashtead Technology 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 Ashtead Technology by adding Ashtead Technology to a well-diversified portfolio.
Ashtead Technology Fundamentals Growth
Ashtead Stock prices reflect investors' perceptions of the future prospects and financial health of Ashtead Technology, and Ashtead Technology 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 Ashtead Stock performance.
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.13 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.25 % | ||||
| Current Valuation | 483.1 M | ||||
| Shares Outstanding | 80.3 M | ||||
| Price To Book | 3.72 X | ||||
| Price To Sales | 2.98 X | ||||
| Revenue | 110.47 M | ||||
| Gross Profit | 54.29 M | ||||
| EBITDA | 44.15 M | ||||
| Net Income | 21.58 M | ||||
| Total Debt | 72.51 M | ||||
| Book Value Per Share | 1.38 X | ||||
| Cash Flow From Operations | 39.05 M | ||||
| Earnings Per Share | 0.30 X | ||||
| Total Asset | 213.69 M | ||||
| Retained Earnings | 68.17 M | ||||
About Ashtead Technology Performance
By analyzing Ashtead Technology's fundamental ratios, stakeholders can gain valuable insights into Ashtead Technology's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ashtead Technology 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 Ashtead Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ashtead Technology is entity of United Kingdom. It is traded as Stock on LSE exchange.Things to note about Ashtead Technology performance evaluation
Checking the ongoing alerts about Ashtead Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ashtead Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ashtead Technology generated a negative expected return over the last 90 days | |
| Ashtead Technology has high historical volatility and very poor performance | |
| Ashtead Technology is unlikely to experience financial distress in the next 2 years | |
| Over 76.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Ashtead Technology'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 Ashtead Technology's stock is overvalued or undervalued compared to its peers.
- Examining Ashtead Technology'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 Ashtead Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ashtead Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ashtead Technology's stock. These opinions can provide insight into Ashtead Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ashtead Stock analysis
When running Ashtead Technology's price analysis, check to measure Ashtead Technology'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 Ashtead Technology is operating at the current time. Most of Ashtead Technology's value examination focuses on studying past and present price action to predict the probability of Ashtead Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashtead Technology's price. Additionally, you may evaluate how the addition of Ashtead Technology to your portfolios can decrease your overall portfolio volatility.
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