Ascopiave SpA (Germany) Performance
AVA Stock | EUR 2.31 0.04 1.76% |
Ascopiave SpA has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ascopiave SpA are expected to decrease at a much lower rate. During the bear market, Ascopiave SpA is likely to outperform the market. Ascopiave SpA right now shows a risk of 1.47%. Please confirm Ascopiave SpA semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Ascopiave SpA will be following its price patterns.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Ascopiave SpA are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Ascopiave SpA may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Begin Period Cash Flow | 21.9 M | |
Total Cashflows From Investing Activities | -44.9 M |
Ascopiave |
Ascopiave SpA Relative Risk vs. Return Landscape
If you would invest 215.00 in Ascopiave SpA on January 20, 2024 and sell it today you would earn a total of 16.00 from holding Ascopiave SpA or generate 7.44% return on investment over 90 days. Ascopiave SpA is currently producing 0.1245% returns and takes up 1.4697% volatility of returns over 90 trading days. Put another way, 12% of traded stocks are less volatile than Ascopiave, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
Risk |
Ascopiave SpA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ascopiave SpA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ascopiave SpA, and traders can use it to determine the average amount a Ascopiave SpA'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 = 0.0847
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | AVA | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
1.47 actual daily | 12 88% of assets are more volatile |
Expected Return
0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Ascopiave SpA is performing at about 6% 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 Ascopiave SpA by adding it to a well-diversified portfolio.
Ascopiave SpA Fundamentals Growth
Ascopiave Stock prices reflect investors' perceptions of the future prospects and financial health of Ascopiave SpA, and Ascopiave SpA 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 Ascopiave Stock performance.
Return On Equity | 0.0447 | |||
Return On Asset | 0.0143 | |||
Profit Margin | 0.26 % | |||
Operating Margin | 0.22 % | |||
Current Valuation | 1.06 B | |||
Shares Outstanding | 216.71 M | |||
Price To Earning | 21.34 X | |||
Price To Book | 0.61 X | |||
Price To Sales | 3.52 X | |||
Revenue | 134.91 M | |||
EBITDA | 91.34 M | |||
Cash And Equivalents | 111.64 M | |||
Cash Per Share | 0.50 X | |||
Total Debt | 185.67 M | |||
Debt To Equity | 37.90 % | |||
Book Value Per Share | 4.15 X | |||
Cash Flow From Operations | 82.74 M | |||
Earnings Per Share | 0.13 X | |||
Total Asset | 1.37 B | |||
About Ascopiave SpA Performance
To evaluate Ascopiave SpA Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Ascopiave SpA generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Ascopiave Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Ascopiave SpA market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Ascopiave's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Ascopiave S.p.A. distributes and sells natural gas in Italy. It is also involved in the sale of electric power, heat management, and co-generation activities. ASCOPIAVE operates under Utilities - Regulated Gas classification in Germany and is traded on Frankfurt Stock Exchange. It employs 542 people.Things to note about Ascopiave SpA performance evaluation
Checking the ongoing alerts about Ascopiave SpA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ascopiave SpA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.About 64.0% of the company shares are held by company insiders |
- Analyzing Ascopiave SpA'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 Ascopiave SpA's stock is overvalued or undervalued compared to its peers.
- Examining Ascopiave SpA'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 Ascopiave SpA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ascopiave SpA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ascopiave SpA's stock. These opinions can provide insight into Ascopiave SpA's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ascopiave SpA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Ascopiave Stock analysis
When running Ascopiave SpA's price analysis, check to measure Ascopiave SpA'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 Ascopiave SpA is operating at the current time. Most of Ascopiave SpA's value examination focuses on studying past and present price action to predict the probability of Ascopiave SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ascopiave SpA's price. Additionally, you may evaluate how the addition of Ascopiave SpA to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |