Astoria Quality Kings Etf Performance
| ROE Etf | 32.26 0.19 0.59% |
The etf shows a Beta (market volatility) of 0.85, which signifies possible diversification benefits within a given portfolio. Astoria Quality returns are very sensitive to returns on the market. As the market goes up or down, Astoria Quality is expected to follow.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
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Compared to the overall equity markets, risk-adjusted returns on investments in Astoria Quality Kings are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak basic indicators, Astoria Quality may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
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Astoria |
Astoria Quality Relative Risk vs. Return Landscape
If you would invest 2,979 in Astoria Quality Kings on September 2, 2024 and sell it today you would earn a total of 247.00 from holding Astoria Quality Kings or generate 8.29% return on investment over 90 days. Astoria Quality Kings is generating 0.127% of daily returns assuming volatility of 0.7091% on return distribution over 90 days investment horizon. In other words, 6% of etfs are less volatile than Astoria, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Astoria Quality Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astoria Quality's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Astoria Quality Kings, and traders can use it to determine the average amount a Astoria Quality'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 = 0.1791
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| Cash | ROE | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Astoria Quality is performing at about 14% 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 Astoria Quality by adding it to a well-diversified portfolio.
About Astoria Quality Performance
By analyzing Astoria Quality's fundamental ratios, stakeholders can gain valuable insights into Astoria Quality's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Astoria Quality 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 Astoria Quality has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Astoria Quality is entity of United States. It is traded as Etf on NASDAQ exchange.| Latest headline from finance.yahoo.com: Declining Stock and Decent Financials Is The Market Wrong About Hancock Gore Ltd |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Astoria Quality Kings. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of Astoria Quality Kings is measured differently than its book value, which is the value of Astoria that is recorded on the company's balance sheet. Investors also form their own opinion of Astoria Quality's value that differs from its market value or its book value, called intrinsic value, which is Astoria Quality's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astoria Quality's market value can be influenced by many factors that don't directly affect Astoria Quality's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Astoria Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Astoria Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astoria Quality's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.