Aveng (South Africa) Performance
| AEG Stock | 1,158 2.00 0.17% |
On a scale of 0 to 100, Aveng holds a performance score of 15. The firm shows a Beta (market volatility) of -0.0412, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aveng are expected to decrease at a much lower rate. During the bear market, Aveng is likely to outperform the market. Please check Aveng's jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether Aveng's price patterns will revert.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Aveng are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady technical and fundamental indicators, Aveng exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.5 B | |
| Total Cashflows From Investing Activities | -547 M |
Aveng |
Aveng Relative Risk vs. Return Landscape
If you would invest 91,800 in Aveng on September 23, 2024 and sell it today you would earn a total of 24,000 from holding Aveng or generate 26.14% return on investment over 90 days. Aveng is generating 0.3821% of daily returns and assumes 1.9543% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Aveng, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Aveng Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aveng's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Aveng, and traders can use it to determine the average amount a Aveng'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 = 0.1955
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| Small Returns | AEG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Aveng is performing at about 15% 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 Aveng by adding it to a well-diversified portfolio.
Aveng Fundamentals Growth
Aveng Stock prices reflect investors' perceptions of the future prospects and financial health of Aveng, and Aveng fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Aveng Stock performance.
| Return On Equity | 0.0433 | |||
| Return On Asset | 0.0307 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 921.42 M | |||
| Shares Outstanding | 122.47 M | |||
| Price To Book | 0.54 X | |||
| Price To Sales | 0.07 X | |||
| Revenue | 26.18 B | |||
| EBITDA | 1.22 B | |||
| Total Debt | 229 M | |||
| Book Value Per Share | 30.32 X | |||
| Cash Flow From Operations | 1.15 B | |||
| Earnings Per Share | 1.23 X | |||
| Total Asset | 12.47 B | |||
About Aveng Performance
By analyzing Aveng's fundamental ratios, stakeholders can gain valuable insights into Aveng's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Aveng 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 Aveng 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 Aveng performance evaluation
Checking the ongoing alerts about Aveng for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Aveng help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 26.0% of the company shares are held by company insiders |
- Analyzing Aveng'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 Aveng's stock is overvalued or undervalued compared to its peers.
- Examining Aveng'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 Aveng's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Aveng's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Aveng's stock. These opinions can provide insight into Aveng's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Aveng Stock analysis
When running Aveng's price analysis, check to measure Aveng'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 Aveng is operating at the current time. Most of Aveng's value examination focuses on studying past and present price action to predict the probability of Aveng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aveng's price. Additionally, you may evaluate how the addition of Aveng to your portfolios can decrease your overall portfolio volatility.
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