Ashfaq Textile (Pakistan) Performance
| ASHT Stock | 14.35 1.47 9.29% |
On a scale of 0 to 100, Ashfaq Textile holds a performance score of 12. The firm shows a Beta (market volatility) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ashfaq Textile's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ashfaq Textile is expected to be smaller as well. Please check Ashfaq Textile's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Ashfaq Textile's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Ashfaq Textile Mills are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Ashfaq Textile sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Ashfaq |
Ashfaq Textile Relative Risk vs. Return Landscape
If you would invest 1,180 in Ashfaq Textile Mills on December 25, 2024 and sell it today you would earn a total of 255.00 from holding Ashfaq Textile Mills or generate 21.61% return on investment over 90 days. Ashfaq Textile Mills is generating 0.5593% of daily returns and assumes 3.4264% volatility on return distribution over the 90 days horizon. Simply put, 30% of stocks are less volatile than Ashfaq, and 89% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ashfaq Textile Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ashfaq Textile's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ashfaq Textile Mills, and traders can use it to determine the average amount a Ashfaq Textile'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 = 0.1632
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Estimated Market Risk
| 3.43 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Ashfaq Textile is performing at about 12% 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 Ashfaq Textile by adding it to a well-diversified portfolio.
About Ashfaq Textile Performance
By analyzing Ashfaq Textile's fundamental ratios, stakeholders can gain valuable insights into Ashfaq Textile's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ashfaq Textile 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 Ashfaq Textile 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 Ashfaq Textile Mills performance evaluation
Checking the ongoing alerts about Ashfaq Textile for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ashfaq Textile Mills help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ashfaq Textile Mills appears to be risky and price may revert if volatility continues |
- Analyzing Ashfaq Textile'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 Ashfaq Textile's stock is overvalued or undervalued compared to its peers.
- Examining Ashfaq Textile'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 Ashfaq Textile's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ashfaq Textile's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ashfaq Textile's stock. These opinions can provide insight into Ashfaq Textile's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ashfaq Stock analysis
When running Ashfaq Textile's price analysis, check to measure Ashfaq Textile'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 Ashfaq Textile is operating at the current time. Most of Ashfaq Textile's value examination focuses on studying past and present price action to predict the probability of Ashfaq Textile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashfaq Textile's price. Additionally, you may evaluate how the addition of Ashfaq Textile to your portfolios can decrease your overall portfolio volatility.
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