Artego Tg (Romania) Performance
| ARTE Stock | 16.30 0.30 1.88% |
Artego Tg has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Artego Tg's returns are expected to increase less than the market. However, during the bear market, the loss of holding Artego Tg is expected to be smaller as well. Artego Tg Jiu right now shows a risk of 2.76%. Please confirm Artego Tg Jiu treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Artego Tg Jiu will be following its price patterns.
Risk-Adjusted Performance
4 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Artego Tg Jiu are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Artego Tg may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Artego |
Artego Tg Relative Risk vs. Return Landscape
If you would invest 1,520 in Artego Tg Jiu on September 14, 2024 and sell it today you would earn a total of 110.00 from holding Artego Tg Jiu or generate 7.24% return on investment over 90 days. Artego Tg Jiu is generating 0.1469% of daily returns and assumes 2.7649% volatility on return distribution over the 90 days horizon. Simply put, 24% of stocks are less volatile than Artego, and 98% 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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Artego Tg Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Artego Tg's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Artego Tg Jiu, and traders can use it to determine the average amount a Artego Tg'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 = 0.0531
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| Cash | Small Risk | ARTE | High Risk | Huge Risk |
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Estimated Market Risk
| 2.76 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Artego Tg is performing at about 4% 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 Artego Tg by adding it to a well-diversified portfolio.
About Artego Tg Performance
By examining Artego Tg's fundamental ratios, stakeholders can obtain critical insights into Artego Tg's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Artego Tg is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Artego Tg Jiu performance evaluation
Checking the ongoing alerts about Artego Tg for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Artego Tg Jiu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Artego Tg's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Artego Tg's stock performance include:- Analyzing Artego Tg'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 Artego Tg's stock is overvalued or undervalued compared to its peers.
- Examining Artego Tg'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 Artego Tg's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Artego Tg's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Artego Tg's stock. These opinions can provide insight into Artego Tg's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Artego Stock
Artego Tg financial ratios help investors to determine whether Artego Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Artego with respect to the benefits of owning Artego Tg security.