Azure Power Global Performance
| AZREDelisted Stock | USD 0.34 1.24 78.48% |
The firm shows a Beta (market volatility) of -0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Azure Power are expected to decrease at a much lower rate. During the bear market, Azure Power is likely to outperform the market. Azure Power Global right now shows a risk of 0.0%. Please confirm Azure Power Global skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Azure Power Global will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Azure Power Global has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Azure Power is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 15.5 B | |
| Total Cashflows From Investing Activities | -18.9 B |
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Azure Power Relative Risk vs. Return Landscape
If you would invest (100.00) in Azure Power Global on August 24, 2024 and sell it today you would earn a total of 100.00 from holding Azure Power Global or generate -100.0% return on investment over 90 days. Azure Power Global is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Azure, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Azure Power Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Azure Power's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Azure Power Global, and traders can use it to determine the average amount a Azure Power'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 = 0.0
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Based on monthly moving average Azure Power 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 Azure Power by adding Azure Power to a well-diversified portfolio.
Azure Power Fundamentals Growth
Azure Stock prices reflect investors' perceptions of the future prospects and financial health of Azure Power, and Azure Power 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 Azure Stock performance.
| Return On Equity | -0.12 | |||
| Return On Asset | 0.048 | |||
| Profit Margin | (0.17) % | |||
| Operating Margin | 0.68 % | |||
| Current Valuation | 115.12 B | |||
| Shares Outstanding | 64.16 M | |||
| Price To Earning | (20.31) X | |||
| Price To Book | 1.10 X | |||
| Price To Sales | 0.02 X | |||
| Revenue | 15.24 B | |||
| EBITDA | 10.97 B | |||
| Cash And Equivalents | 8.58 B | |||
| Cash Per Share | 177.71 X | |||
| Total Debt | 107.17 B | |||
| Debt To Equity | 5.19 % | |||
| Book Value Per Share | 488.48 X | |||
| Cash Flow From Operations | 4.98 B | |||
| Earnings Per Share | (0.79) X | |||
| Total Asset | 148.47 B | |||
| Retained Earnings | (12.79 B) | |||
| Current Asset | 8.4 B | |||
| Current Liabilities | 7.15 B | |||
About Azure Power Performance
By analyzing Azure Power's fundamental ratios, stakeholders can gain valuable insights into Azure Power's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Azure Power 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 Azure Power has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of renewable energy projects in India. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India. Azure Power operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 471 people.Things to note about Azure Power Global performance evaluation
Checking the ongoing alerts about Azure Power for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Azure Power Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Azure Power Global is not yet fully synchronised with the market data | |
| Azure Power Global has some characteristics of a very speculative penny stock | |
| Azure Power Global has a very high chance of going through financial distress in the upcoming years | |
| Azure Power Global currently holds 107.17 B in liabilities with Debt to Equity (D/E) ratio of 5.19, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Azure Power Global has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Azure Power's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 15.24 B. Net Loss for the year was (4.2 B) with profit before overhead, payroll, taxes, and interest of 13.97 B. | |
| Over 92.0% of Azure Power shares are held by institutions such as insurance companies |
- Analyzing Azure Power'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 Azure Power's stock is overvalued or undervalued compared to its peers.
- Examining Azure Power'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 Azure Power's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Azure Power's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Azure Power's stock. These opinions can provide insight into Azure Power's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in Azure Stock
If you are still planning to invest in Azure Power Global check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Azure Power's history and understand the potential risks before investing.
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