Athanase Innovation (Sweden) Performance
| ATIN Stock | 20.60 0.60 2.83% |
On a scale of 0 to 100, Athanase Innovation holds a performance score of 5. The firm shows a Beta (market volatility) of -0.9, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Athanase Innovation are expected to decrease slowly. On the other hand, during market turmoil, Athanase Innovation is expected to outperform it slightly. Please check Athanase Innovation's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Athanase Innovation's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Athanase Innovation AB are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Athanase Innovation unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
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Athanase Innovation Relative Risk vs. Return Landscape
If you would invest 1,810 in Athanase Innovation AB on September 2, 2024 and sell it today you would earn a total of 250.00 from holding Athanase Innovation AB or generate 13.81% return on investment over 90 days. Athanase Innovation AB is generating 0.2517% of daily returns and assumes 3.4758% volatility on return distribution over the 90 days horizon. Simply put, 30% of stocks are less volatile than Athanase, and 95% 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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Athanase Innovation Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Athanase Innovation's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Athanase Innovation AB, and traders can use it to determine the average amount a Athanase Innovation'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 = 0.0724
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Estimated Market Risk
| 3.48 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Athanase Innovation is performing at about 5% of its full potential. 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 Athanase Innovation by adding it to a well-diversified portfolio.
Things to note about Athanase Innovation performance evaluation
Checking the ongoing alerts about Athanase Innovation for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Athanase Innovation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Athanase Innovation had very high historical volatility over the last 90 days |
- Analyzing Athanase Innovation'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 Athanase Innovation's stock is overvalued or undervalued compared to its peers.
- Examining Athanase Innovation'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 Athanase Innovation's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Athanase Innovation's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Athanase Innovation's stock. These opinions can provide insight into Athanase Innovation's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Athanase Stock Analysis
When running Athanase Innovation's price analysis, check to measure Athanase Innovation'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 Athanase Innovation is operating at the current time. Most of Athanase Innovation's value examination focuses on studying past and present price action to predict the probability of Athanase Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Athanase Innovation's price. Additionally, you may evaluate how the addition of Athanase Innovation to your portfolios can decrease your overall portfolio volatility.