Arab Aluminum (Egypt) Performance
| ALUM Stock | 14.74 0.06 0.41% |
Arab Aluminum has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.74, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Arab Aluminum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Arab Aluminum is expected to be smaller as well. Arab Aluminum right now shows a risk of 2.06%. Please confirm Arab Aluminum market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Arab Aluminum will be following its price patterns.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Arab Aluminum are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical and fundamental indicators, Arab Aluminum may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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Arab Aluminum Relative Risk vs. Return Landscape
If you would invest 1,370 in Arab Aluminum on September 3, 2024 and sell it today you would earn a total of 104.00 from holding Arab Aluminum or generate 7.59% return on investment over 90 days. Arab Aluminum is generating 0.1613% of daily returns and assumes 2.0568% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than Arab, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Arab Aluminum Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arab Aluminum's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Arab Aluminum, and traders can use it to determine the average amount a Arab Aluminum'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 = 0.0784
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Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Arab Aluminum is performing at about 6% 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 Arab Aluminum by adding it to a well-diversified portfolio.
Things to note about Arab Aluminum performance evaluation
Checking the ongoing alerts about Arab Aluminum for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Arab Aluminum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Arab Aluminum's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Arab Aluminum's stock performance include:- Analyzing Arab Aluminum'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 Arab Aluminum's stock is overvalued or undervalued compared to its peers.
- Examining Arab Aluminum'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 Arab Aluminum's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Arab Aluminum's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Arab Aluminum's stock. These opinions can provide insight into Arab Aluminum's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Arab Stock analysis
When running Arab Aluminum's price analysis, check to measure Arab Aluminum'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 Arab Aluminum is operating at the current time. Most of Arab Aluminum's value examination focuses on studying past and present price action to predict the probability of Arab Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arab Aluminum's price. Additionally, you may evaluate how the addition of Arab Aluminum to your portfolios can decrease your overall portfolio volatility.
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