Altaba Performance

AABA -- USA Stock  

USD 68.35  0.42  0.62%

Macroaxis gives Altaba performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 1.9651 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Altaba will likely underperform.. Even though it is essential to pay attention to Altaba historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards 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. Altaba exposes twenty-one different technical indicators which can help you to evaluate its performance. Altaba has expected return of -0.0449%. Please be advised to confirm Altaba Jensen Alpha, Potential Upside, Skewness, as well as the relationship between Maximum Drawdown and Semi Variance to decide if Altaba past performance will be repeated at some point in the near future.
Horizon     30 Days    Login   to change

Altaba Relative Risk vs. Return Landscape

If you would invest  6,890  in Altaba on August 24, 2018 and sell it today you would lose (97.00)  from holding Altaba or give up 1.41% of portfolio value over 30 days. Altaba is currently does not generate positive expected returns and assumes 2.1833% risk (volatility on return distribution) over the 30 days horizon. In different words, 19% 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 under-perform the market. In addition to that, the company is 4.87 times more volatile than its market benchmark. It trades about -0.02 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.39 per unit of volatility.

Altaba Market Risk Analysis

Sharpe Ratio = -0.0206
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Negative ReturnsAABA

Altaba Relative Performance Indicators

Estimated Market Risk
  actual daily
 81 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 1 %
of total potential
Based on monthly moving average Altaba 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 Altaba by adding it to a well-diversified portfolio.

Altaba Performance Rating

Altaba Risk Adjusted Performance Analysis


Risk-Adjusted Performance

Over the last 30 days Altaba has generated negative risk-adjusted returns adding no value to investors with long positions.

Altaba Alerts

Equity Alerts and Improvement Suggestions

Altaba generates negative expected return over the last 30 days
Over 85.0% of the company shares are held by institutions such as insurance companies
Latest headline from Switching Stocks Altaba Inc.,

Altaba Performance Indicators

Altaba Basic Price Performance Measures

Quick Ratio1.95
Fifty Two Week Low62.80
Target High Price115.00
Fifty Two Week High82.45
Payout Ratio0.00%
Target Low Price88.00
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