Athens General (Greece) Performance
| ATG Index | 1,393 10.34 0.74% |
The index shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Athens General are completely uncorrelated.
Athens General Relative Risk vs. Return Landscape
If you would invest 144,617 in Athens General Composite on September 1, 2024 and sell it today you would lose (5,268) from holding Athens General Composite or give up 3.64% of portfolio value over 90 days. Athens General Composite is generating negative expected returns and assumes 0.7316% volatility on return distribution over the 90 days horizon. Simply put, 6% of indexs are less volatile than Athens, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Athens General Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Athens General's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as Athens General Composite, and traders can use it to determine the average amount a Athens General'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 = -0.0756
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| Negative Returns | ATG |
Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Athens General 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 Athens General by adding Athens General to a well-diversified portfolio.
| Athens General generated a negative expected return over the last 90 days |