Asetek AS (Denmark) Performance
| ASTK Stock | 0.70 0.02 2.94% |
On a scale of 0 to 100, Asetek AS holds a performance score of 3. The firm shows a Beta (market volatility) of -0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Asetek AS are expected to decrease at a much lower rate. During the bear market, Asetek AS is likely to outperform the market. Please check Asetek AS's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Asetek AS's price patterns will revert.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Asetek AS are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Asetek AS displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Asetek |
Asetek AS Relative Risk vs. Return Landscape
If you would invest 64.00 in Asetek AS on December 2, 2024 and sell it today you would lose (1.00) from holding Asetek AS or give up 1.56% of portfolio value over 90 days. Asetek AS is generating 0.339% of daily returns and assumes 8.7318% volatility on return distribution over the 90 days horizon. Simply put, 77% of stocks are less volatile than Asetek, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Asetek AS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asetek AS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Asetek AS, and traders can use it to determine the average amount a Asetek AS'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 = 0.0388
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ASTK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.73 actual daily | 77 77% of assets are less volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Asetek AS is performing at about 3% 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 Asetek AS by adding it to a well-diversified portfolio.
Things to note about Asetek AS performance evaluation
Checking the ongoing alerts about Asetek AS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Asetek AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Asetek AS had very high historical volatility over the last 90 days | |
| Asetek AS has some characteristics of a very speculative penny stock |
- Analyzing Asetek AS'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 Asetek AS's stock is overvalued or undervalued compared to its peers.
- Examining Asetek AS'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 Asetek AS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Asetek AS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Asetek AS's stock. These opinions can provide insight into Asetek AS's potential for growth and whether the stock is currently undervalued or overvalued.