Altaba Performance

AABA -- USA Stock  

USD 69.57  0.05  0.07%

Altaba has performance score of 3 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.1541 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 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 technical indicators you can presently evaluate if the expected return of 0.0303% will be sustainable into the future. Altaba right now shows a risk of 0.5312%. Please confirm Altaba Jensen Alpha, Potential Upside, Skewness, as well as the relationship between Maximum Drawdown and Semi Variance to decide if Altaba will be following its price patterns.
33

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Altaba are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days. Despite somewhat strong basic indicators, Altaba is not utilizing all of its potentials. The prevailing stock price disturbance, may contribute to short term losses for the investors.
Quick Ratio0.56
Fifty Two Week Low54.75
Target High Price76.00
Fifty Two Week High79.18
Target Low Price76.00
Horizon     30 Days    Login   to change

Altaba Relative Risk vs. Return Landscape

If you would invest  6,864  in Altaba on July 25, 2019 and sell it today you would earn a total of  88.00  from holding Altaba or generate 1.28% return on investment over 30 days. Altaba is currently generating 0.0303% of daily expected returns and assumes 0.5312% risk (volatility on return distribution) over the 30 days horizon. In different words, 4% of equities are less volatile than Altaba 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 is expected to generate 0.51 times more return on investment than the market. However, the company is 1.96 times less risky than the market. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly -0.13 per unit of risk.

Altaba Market Risk Analysis

Sharpe Ratio = 0.0571
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsAABA

Altaba Relative Performance Indicators

Estimated Market Risk
 0.53
  actual daily
 
 4 %
of total potential
 
44
Expected Return
 0.03
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 0.06
  actual daily
 
 3 %
of total potential
 
33
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.

Altaba Alerts

Equity Alerts and Improvement Suggestions

The company reported previous year revenue of 332.8M. Net Loss for the year was (9.02B) with profit before overhead, payroll, taxes, and interest of 332.8M.
About 73.0% of the company shares are held by institutions such as insurance companies
Check also Trending Equities. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Search macroaxis.com