STARLUX Airlines (Taiwan) Performance
| 2646 Stock | 28.40 0.20 0.71% |
STARLUX Airlines has a performance score of 1 on a scale of 0 to 100. The entity owns a Beta (Systematic Risk) of -0.0556, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning STARLUX Airlines are expected to decrease at a much lower rate. During the bear market, STARLUX Airlines is likely to outperform the market. STARLUX Airlines currently owns a risk of 1.61%. Please validate STARLUX Airlines Co semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if STARLUX Airlines Co will be following its current price history.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in STARLUX Airlines Co are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, STARLUX Airlines is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
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STARLUX Airlines Relative Risk vs. Return Landscape
If you would invest 2,815 in STARLUX Airlines Co on September 16, 2024 and sell it today you would earn a total of 25.00 from holding STARLUX Airlines Co or generate 0.89% return on investment over 90 days. STARLUX Airlines Co is generating 0.0268% of daily returns and assumes 1.6136% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than STARLUX, and 99% 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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STARLUX Airlines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for STARLUX Airlines' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as STARLUX Airlines Co, and traders can use it to determine the average amount a STARLUX Airlines' 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 = 0.0166
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| Negative Returns | 2646 |
Estimated Market Risk
| 1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average STARLUX Airlines is performing at about 1% 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 STARLUX Airlines by adding it to a well-diversified portfolio.
Things to note about STARLUX Airlines performance evaluation
Checking the ongoing alerts about STARLUX Airlines for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for STARLUX Airlines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating STARLUX Airlines' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate STARLUX Airlines' stock performance include:- Analyzing STARLUX Airlines' 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 STARLUX Airlines' stock is overvalued or undervalued compared to its peers.
- Examining STARLUX Airlines' 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 STARLUX Airlines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of STARLUX Airlines' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of STARLUX Airlines' stock. These opinions can provide insight into STARLUX Airlines' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for STARLUX Stock Analysis
When running STARLUX Airlines' price analysis, check to measure STARLUX Airlines' 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 STARLUX Airlines is operating at the current time. Most of STARLUX Airlines' value examination focuses on studying past and present price action to predict the probability of STARLUX Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STARLUX Airlines' price. Additionally, you may evaluate how the addition of STARLUX Airlines to your portfolios can decrease your overall portfolio volatility.