Altaba Performance

Altaba Inc -- USA Stock  

USD 71.24  1.47  2.11%

Altaba has performance score of 3 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.1278 which signifies that as returns on market increase, Altaba returns are expected to increase less than the market. However during bear market, the loss on holding Altaba will be expected to be smaller as well.. Although it is extremely important to respect Altaba Inc historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Altaba Inc technical indicators you can presently evaluate if the expected return of 0.0713% will be sustainable into the future. Altaba Inc right now shows a risk of 1.3688%. Please confirm Altaba Inc Jensen Alpha, Potential Upside, Skewness, as well as the relationship between Maximum Drawdown and Semi Variance to decide if Altaba Inc will be following its price patterns.
Investment Horizon     30 Days    Login   to change

Altaba Inc Relative Risk vs. Return Landscape

If you would invest  7,027  in Altaba Inc on November 13, 2017 and sell it today you would earn a total of  97  from holding Altaba Inc or generate 1.38% return on investment over 30 days. Altaba Inc is currenly generating 0.0713% of daily expected returns and assumes 1.3688% risk (volatility on return distribution) over the 30 days horizon. In different words, 12% of equities are less volatile than Altaba Inc 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, Altaba Inc is expected to generate 3.06 times less return on investment than the market. In addition to that, the company is 2.77 times more volatile than its market benchmark. It trades about 0.05 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.44 per unit of volatility.

Altaba Daily Price Distribution

The median price of Altaba for the period between Mon, Nov 13, 2017 and Wed, Dec 13, 2017 is 70.75 with a coefficient of variation of 1.92. The daily time series for the period is distributed with a sample standard deviation of 1.36, arithmetic mean of 70.72, and mean deviation of 1.12. The Stock received some media coverage during the period.
3 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Altaba Inc are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

Altaba Sharpe Ratio = 0.0521
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Estimated Market Risk

 1.37
  actual daily
 
 88 %
of total potential
  

Expected Return

 0.07
  actual daily
 
 1 %
of total potential
  

Risk-Adjusted Return

 0.05
  actual daily
 
 3 %
of total potential
  
Based on monthly moving average Altaba 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 Altaba by adding it to a well-diversified portfolio.