Howmet Aerospace (Brazil) Performance
ARNC34 Stock | BRL 703.80 14.80 2.15% |
On a scale of 0 to 100, Howmet Aerospace holds a performance score of 15. The company retains a Market Volatility (i.e., Beta) of 0.45, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Howmet Aerospace's returns are expected to increase less than the market. However, during the bear market, the loss of holding Howmet Aerospace is expected to be smaller as well. Please check Howmet Aerospace's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Howmet Aerospace's current trending 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 Howmet Aerospace are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Howmet Aerospace sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Quick Ratio | 1.18 | |
Payout Ratio | 4.31% | |
Fifty Two Week High | 158.62 | |
Trailing Annual Dividend Yield | 0.01% |
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Howmet Aerospace Relative Risk vs. Return Landscape
If you would invest 56,475 in Howmet Aerospace on October 6, 2024 and sell it today you would earn a total of 13,905 from holding Howmet Aerospace or generate 24.62% return on investment over 90 days. Howmet Aerospace is generating 0.3854% of daily returns and assumes 1.9218% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Howmet, and 93% 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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Howmet Aerospace Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Howmet Aerospace's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Howmet Aerospace, and traders can use it to determine the average amount a Howmet Aerospace'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 = 0.2005
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Estimated Market Risk
1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
0.39 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 Howmet Aerospace 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 Howmet Aerospace by adding it to a well-diversified portfolio.
Howmet Aerospace Fundamentals Growth
Howmet Stock prices reflect investors' perceptions of the future prospects and financial health of Howmet Aerospace, and Howmet Aerospace 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 Howmet Stock performance.
Return On Equity | 5.16 | |||
Return On Asset | 3.58 | |||
Profit Margin | 4.96 % | |||
Operating Margin | 15.78 % | |||
Current Valuation | 72.34 B | |||
Shares Outstanding | 433.62 M | |||
Price To Earning | 46.63 X | |||
Price To Book | 19.47 X | |||
Price To Sales | 15.35 X | |||
Revenue | 5.26 B | |||
EBITDA | 1.17 B | |||
Cash And Equivalents | 1.61 B | |||
Cash Per Share | 3.71 X | |||
Total Debt | 5.21 B | |||
Debt To Equity | 1.46 % | |||
Book Value Per Share | 8.14 X | |||
Cash Flow From Operations | 9 M | |||
Earnings Per Share | 3.40 X | |||
About Howmet Aerospace Performance
By analyzing Howmet Aerospace's fundamental ratios, stakeholders can gain valuable insights into Howmet Aerospace's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Howmet Aerospace 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 Howmet Aerospace has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. The company was founded in 1888 and is based in Pittsburgh, Pennsylvania. ARCONIC DRN operates under Specialty Industrial Machinery classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 19700 people.Things to note about Howmet Aerospace performance evaluation
Checking the ongoing alerts about Howmet Aerospace for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Howmet Aerospace help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Howmet Aerospace's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Howmet Aerospace's stock performance include:- Analyzing Howmet Aerospace'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 Howmet Aerospace's stock is overvalued or undervalued compared to its peers.
- Examining Howmet Aerospace'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 Howmet Aerospace's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Howmet Aerospace's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Howmet Aerospace's stock. These opinions can provide insight into Howmet Aerospace's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Howmet Stock analysis
When running Howmet Aerospace's price analysis, check to measure Howmet Aerospace'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 Howmet Aerospace is operating at the current time. Most of Howmet Aerospace's value examination focuses on studying past and present price action to predict the probability of Howmet Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Howmet Aerospace's price. Additionally, you may evaluate how the addition of Howmet Aerospace to your portfolios can decrease your overall portfolio volatility.
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