Askari Bank (Pakistan) Performance

AKBL Stock   23.11  0.31  1.32%   
Askari Bank has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Askari Bank are expected to decrease at a much lower rate. During the bear market, Askari Bank is likely to outperform the market. Our main 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. Askari Bank right now shows a risk of 2.69%. Please confirm Askari Bank downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha to decide if Askari Bank will be following its price patterns.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Askari Bank are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Askari Bank may actually be approaching a critical reversion point that can send shares even higher in April 2024. ...more
Begin Period Cash Flow81.8 B
End Period Cash Flow93 B
Free Cash Flow191.2 B
  

Askari Bank Relative Risk vs. Return Landscape

If you would invest  2,172  in Askari Bank on December 3, 2023 and sell it today you would earn a total of  139.00  from holding Askari Bank or generate 6.4% return on investment over 90 days. Askari Bank is generating 0.1371% of daily returns and assumes 2.6888% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Askari, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon Askari Bank is expected to generate 1.07 times less return on investment than the market. In addition to that, the company is 4.2 times more volatile than its market benchmark. It trades about 0.05 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of volatility.

Askari Bank Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Askari Bank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Askari Bank, and traders can use it to determine the average amount a Askari Bank'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 = 0.051

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Estimated Market Risk

 2.69
  actual daily
23
77% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Askari Bank 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 Askari Bank by adding it to a well-diversified portfolio.

Askari Bank Fundamentals Growth

Askari Stock prices reflect investors' perceptions of the future prospects and financial health of Askari Bank, and Askari Bank 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 Askari Stock performance.

About Askari Bank Performance

To evaluate Askari Bank 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 Askari Bank 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 Askari 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 Askari Bank market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Askari'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.

Things to note about Askari Bank performance evaluation

Checking the ongoing alerts about Askari Bank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Askari Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Evaluating Askari Bank's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Askari Bank's stock performance include:
  • Analyzing Askari Bank'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 Askari Bank's stock is overvalued or undervalued compared to its peers.
  • Examining Askari Bank'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 Askari Bank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Askari Bank's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Askari Bank's stock. These opinions can provide insight into Askari Bank's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Askari Bank's stock performance is not an exact science, and many factors can impact Askari Bank's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Askari Bank. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Askari Stock analysis

When running Askari Bank's price analysis, check to measure Askari Bank'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 Askari Bank is operating at the current time. Most of Askari Bank's value examination focuses on studying past and present price action to predict the probability of Askari Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Askari Bank's price. Additionally, you may evaluate how the addition of Askari Bank to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Askari Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Askari Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Askari Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.