Agha Steel (Pakistan) Performance
| AGHA Stock | 10.97 0.19 1.76% |
The firm shows a Beta (market volatility) of -0.43, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Agha Steel are expected to decrease at a much lower rate. During the bear market, Agha Steel is likely to outperform the market. At this point, Agha Steel Industries has a negative expected return of -0.34%. Please make sure to confirm Agha Steel's coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if Agha Steel Industries performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Agha Steel Industries has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Agha |
Agha Steel Relative Risk vs. Return Landscape
If you would invest 1,410 in Agha Steel Industries on September 13, 2024 and sell it today you would lose (313.00) from holding Agha Steel Industries or give up 22.2% of portfolio value over 90 days. Agha Steel Industries is generating negative expected returns and assumes 3.1425% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Agha, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Agha Steel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Agha Steel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Agha Steel Industries, and traders can use it to determine the average amount a Agha Steel'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 = -0.1089
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AGHA |
Estimated Market Risk
| 3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Agha Steel 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 Agha Steel by adding Agha Steel to a well-diversified portfolio.
Things to note about Agha Steel Industries performance evaluation
Checking the ongoing alerts about Agha Steel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Agha Steel Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Agha Steel generated a negative expected return over the last 90 days | |
| Agha Steel has high historical volatility and very poor performance |
- Analyzing Agha Steel'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 Agha Steel's stock is overvalued or undervalued compared to its peers.
- Examining Agha Steel'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 Agha Steel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Agha Steel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Agha Steel's stock. These opinions can provide insight into Agha Steel's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Agha Stock analysis
When running Agha Steel's price analysis, check to measure Agha Steel'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 Agha Steel is operating at the current time. Most of Agha Steel's value examination focuses on studying past and present price action to predict the probability of Agha Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agha Steel's price. Additionally, you may evaluate how the addition of Agha Steel to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |