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ALLAHABAD BANK (India) Performance

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ALBK -- India Stock  

INR 15.35  0.25  1.66%

The firm shows Beta (market volatility) of -0.1316 which signifies that as returns on market increase, returns on owning ALLAHABAD BANK are expected to decrease at a much smaller rate. During bear market, ALLAHABAD BANK is likely to outperform the market. Even though it is essential to pay attention to ALLAHABAD BANK historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach to foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. ALLAHABAD BANK exposes twenty-one different technical indicators which can help you to evaluate its performance. ALLAHABAD BANK has expected return of -0.8491%. Please be advised to confirm ALLAHABAD BANK Variance, Jensen Alpha and the relationship between Standard Deviation and Information Ratio to decide if ALLAHABAD BANK past performance will be repeated in the future.
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Risk-Adjusted Performance

Over the last 30 days ALLAHABAD BANK has generated negative risk-adjusted returns adding no value to investors with long positions. In defiance of weak performance in the last few months, the Stock's forward-looking signals remain relatively invariable which may send shares a bit higher in March 2020. The latest agitation may also be a sign of long running up-swing for the enterprise management.
Fifty Two Week Low15.00
Target High Price35.00
Fifty Two Week High59.00
Trailing Annual Dividend Yield10.62%
Target Low Price35.00

ALLAHABAD BANK Relative Risk vs. Return Landscape

If you would invest  2,405  in ALLAHABAD BANK on January 20, 2020 and sell it today you would lose (870.00)  from holding ALLAHABAD BANK or give up 36.17% of portfolio value over 30 days. ALLAHABAD BANK is generating negative expected returns and assumes 2.3623% volatility on return distribution over the 30 days horizon. Simply put, 21% of equities are less volatile than ALLAHABAD BANK and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
    
  Risk (%) 
Assuming 30 trading days horizon, ALLAHABAD BANK is expected to under-perform the market. In addition to that, the company is 2.94 times more volatile than its market benchmark. It trades about -0.36 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.12 per unit of volatility.

ALLAHABAD BANK Market Risk Analysis

Sharpe Ratio = -0.3594
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ALLAHABAD BANK Relative Performance Indicators

Estimated Market Risk
 2.36
  actual daily
 
 21 %
of total potential
 
2121
Expected Return
 -0.85
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.36
  actual daily
 
 0 %
of total potential
 
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Based on monthly moving average ALLAHABAD BANK 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 ALLAHABAD BANK by adding it to a well-diversified portfolio.

ALLAHABAD BANK Alerts

Equity Alerts and Improvement Suggestions

ALLAHABAD BANK is not yet fully synchronised with the market data
ALLAHABAD BANK generates negative expected return over the last 30 days
ALLAHABAD BANK has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (79.16 B) with loss before overhead, payroll, taxes, and interest of (35.08 B).
ALLAHABAD BANK has accumulated about 98.6 B in cash with (109.43 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 26.48 which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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