Artistic Denim (Pakistan) Performance
| ADMM Stock | 47.06 0.11 0.23% |
On a scale of 0 to 100, Artistic Denim holds a performance score of 13. The firm shows a Beta (market volatility) of -0.0543, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Artistic Denim are expected to decrease at a much lower rate. During the bear market, Artistic Denim is likely to outperform the market. Please check Artistic Denim's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Artistic Denim's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Artistic Denim Mills are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Artistic Denim sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Artistic |
Artistic Denim Relative Risk vs. Return Landscape
If you would invest 3,830 in Artistic Denim Mills on September 30, 2024 and sell it today you would earn a total of 876.00 from holding Artistic Denim Mills or generate 22.87% return on investment over 90 days. Artistic Denim Mills is generating 0.3351% of daily returns and assumes 1.8988% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Artistic, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Artistic Denim Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Artistic Denim's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Artistic Denim Mills, and traders can use it to determine the average amount a Artistic Denim'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 = 0.1765
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Estimated Market Risk
| 1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Artistic Denim is performing at about 13% 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 Artistic Denim by adding it to a well-diversified portfolio.
About Artistic Denim Performance
By analyzing Artistic Denim's fundamental ratios, stakeholders can gain valuable insights into Artistic Denim's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Artistic Denim 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 Artistic Denim has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Artistic Denim Mills performance evaluation
Checking the ongoing alerts about Artistic Denim for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Artistic Denim Mills help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Artistic Denim's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Artistic Denim's stock performance include:- Analyzing Artistic Denim'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 Artistic Denim's stock is overvalued or undervalued compared to its peers.
- Examining Artistic Denim'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 Artistic Denim's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Artistic Denim's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Artistic Denim's stock. These opinions can provide insight into Artistic Denim's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Artistic Stock analysis
When running Artistic Denim's price analysis, check to measure Artistic Denim'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 Artistic Denim is operating at the current time. Most of Artistic Denim's value examination focuses on studying past and present price action to predict the probability of Artistic Denim's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Artistic Denim's price. Additionally, you may evaluate how the addition of Artistic Denim to your portfolios can decrease your overall portfolio volatility.
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