ATX (Austria) Performance

ATX
ATX -- Austria Index  

 2,269  18.18  0.81%

The organization shows a Beta (market volatility) of 0.0, which signifies that the returns on MARKET and ATX are completely uncorrelated. Even though it is essential to pay attention to ATX historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach towards foreseeing future performance of any index is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. ATX exposes twenty-eight different technical indicators, which can help you to evaluate its performance.

Search Index Performance

 
Refresh

ATX Relative Risk vs. Return Landscape

If you would invest  278,739  in ATX on April 28, 2020 and sell it today you would lose (51,826)  from holding ATX or give up 18.59% of portfolio value over 30 days. ATX is currently does not generate positive expected returns and assumes 3.9477% risk (volatility on return distribution) over the 30 days horizon. In different words, 34% of equities are less volatile than ATX and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, ATX is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.04 times less risky than the market. the firm trades about -0.06 of its potential returns per unit of risk. The DOW is currently generating roughly 0.02 of returns per unit of risk over similar time horizon.

ATX Market Risk Analysis

Sharpe Ratio = -0.064
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsATX

ATX Performance Indicators

Estimated Market Risk
 3.95
  actual daily
 
 34 %
of total potential
 
3434
Expected Return
 -0.25
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.06
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average ATX is performing at about 0% 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 ATX by adding it to a well-diversified portfolio.

ATX Alerts

Equity Alerts and Improvement Suggestions

ATX generates negative expected return over the last 30 days
ATX has high historical volatility and very poor performance
Check out Your Current Watchlist. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.
Company logos by clearbit
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page