Atlas Honda (Pakistan) Performance
| ATLH Stock | 855.67 7.35 0.85% |
On a scale of 0 to 100, Atlas Honda holds a performance score of 21. The firm shows a Beta (market volatility) of 0.59, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Atlas Honda's returns are expected to increase less than the market. However, during the bear market, the loss of holding Atlas Honda is expected to be smaller as well. Please check Atlas Honda's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Atlas Honda's price patterns will revert.
Risk-Adjusted Performance
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Atlas Honda are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Atlas Honda sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Atlas |
Atlas Honda Relative Risk vs. Return Landscape
If you would invest 59,030 in Atlas Honda on August 26, 2024 and sell it today you would earn a total of 26,537 from holding Atlas Honda or generate 44.96% return on investment over 90 days. Atlas Honda is generating 0.5944% of daily returns and assumes 2.1338% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than Atlas, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Atlas Honda Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlas Honda's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Atlas Honda, and traders can use it to determine the average amount a Atlas Honda'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 = 0.2786
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Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 21 79% of assets perform better |
Based on monthly moving average Atlas Honda is performing at about 21% 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 Atlas Honda by adding it to a well-diversified portfolio.
Things to note about Atlas Honda performance evaluation
Checking the ongoing alerts about Atlas Honda for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Atlas Honda help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Atlas Honda's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Atlas Honda's stock performance include:- Analyzing Atlas Honda'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 Atlas Honda's stock is overvalued or undervalued compared to its peers.
- Examining Atlas Honda'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 Atlas Honda's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Atlas Honda's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Atlas Honda's stock. These opinions can provide insight into Atlas Honda's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Atlas Stock analysis
When running Atlas Honda's price analysis, check to measure Atlas Honda'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 Atlas Honda is operating at the current time. Most of Atlas Honda's value examination focuses on studying past and present price action to predict the probability of Atlas Honda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlas Honda's price. Additionally, you may evaluate how the addition of Atlas Honda to your portfolios can decrease your overall portfolio volatility.
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