Aerojet Stock Performance

AJRD -  USA Stock  

USD 40.14  1.28  3.29%

Aerojet Rocketdyne has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.5851, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Aerojet's beta means in this case. As returns on the market increase, Aerojet Rocketdyne returns are expected to increase less than the market. However, during the bear market, the loss on holding Aerojet Rocketdyne will be expected to be smaller as well. Although it is important to respect Aerojet Rocketdyne historical returns, it is better to be realistic regarding the information on the equity's 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 Aerojet Rocketdyne technical indicators, you can presently evaluate if the expected return of 0.0652% will be sustainable into the future. Aerojet Rocketdyne right now shows a risk of 1.8%. Please confirm Aerojet Rocketdyne value at risk, and the relationship between the jensen alpha and semi variance to decide if Aerojet Rocketdyne will be following its price patterns.
  
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Aerojet Performance
2 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Aerojet Rocketdyne Holdings are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, Aerojet Rocketdyne is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more

Structure and Payout Changes

Last Split Factor
10000:5275
Dividend Date
2021-03-24
Ex Dividend Date
2021-03-09
Last Split Date
1999-10-04

Aerojet Price Channel

Quick Ratio1.29
Fifty Two Week Low35.47
Target High Price52.00
Fifty Two Week High48.48
Target Low Price37.00

Aerojet Rocketdyne Relative Risk vs. Return Landscape

If you would invest  3,893  in Aerojet Rocketdyne Holdings on March 26, 2022 and sell it today you would earn a total of  121.00  from holding Aerojet Rocketdyne Holdings or generate 3.11% return on investment over 90 days. Aerojet Rocketdyne Holdings is currently generating 0.0652% in daily expected returns and assumes 1.8018% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of stocks are less volatile than Aerojet, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Aerojet Rocketdyne is expected to generate 1.24 times more return on investment than the market. However, the company is 1.24 times more volatile than its market benchmark. It trades about 0.04 of its potential returns per unit of risk. The DOW is currently generating roughly -0.11 per unit of risk.

Aerojet Rocketdyne Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aerojet Rocketdyne's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Aerojet Rocketdyne Holdings, and traders can use it to determine the average amount a Aerojet Rocketdyne'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 = 0.0362

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Estimated Market Risk
 1.8
  actual daily
 
 15 %
of total potential
 
1515
Expected Return
 0.07
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.04
  actual daily
 
 2 %
of total potential
 
22
Based on monthly moving average Aerojet Rocketdyne is performing at about 2% 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 Aerojet Rocketdyne by adding it to a well-diversified portfolio.

About Aerojet Rocketdyne Performance

To evaluate Aerojet Rocketdyne 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 Aerojet Rocketdyne 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 Aerojet 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 Aerojet Rocketdyne stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Aerojet'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.
Last ReportedProjected for 2022
Return on Investment 27.74  29.93 
Return on Average Assets 0.06  0.06 
Return on Average Equity 0.37  0.40 
Return on Invested Capital 0.17  0.14 
Return on Sales 0.1  0.09 
Aerojet Rocketdyne Holdings, Inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the United States. Aerojet Rocketdyne Holdings, Inc. was incorporated in 1915 and is headquartered in El Segundo, California. Aerojet Rocketdyne operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 5000 people.

Things to note about Aerojet Rocketdyne

Checking the ongoing alerts about Aerojet Rocketdyne for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aerojet Rocketdyne help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Aerojet Rocketdyne Alerts

Equity Alerts and Improvement Suggestions

Aerojet Rocketdyne Holdings was previously known as AEROJET ROCKETDYNE HOLDINGS and was traded on New York Stock Exchange under the symbol GY.
Over 96.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.businesswire.com: Aerojet Rocketdyne Executive Chairman Warren Lichtenstein Supports Pre-Release of Company Results Ahead of Critical Vote at Special Meeting - Business Wire
Please continue to Trending Equities. Note that the Aerojet Rocketdyne information on this page should be used as a complementary analysis to other Aerojet Rocketdyne's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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Is Aerojet Rocketdyne's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aerojet Rocketdyne. If investors know Aerojet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aerojet Rocketdyne listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.51
Market Capitalization
3.1 B
Quarterly Revenue Growth YOY
0.03
Return On Assets
0.0679
Return On Equity
0.37
The market value of Aerojet Rocketdyne is measured differently than its book value, which is the value of Aerojet that is recorded on the company's balance sheet. Investors also form their own opinion of Aerojet Rocketdyne's value that differs from its market value or its book value, called intrinsic value, which is Aerojet Rocketdyne's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aerojet Rocketdyne's market value can be influenced by many factors that don't directly affect Aerojet Rocketdyne's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aerojet Rocketdyne's value and its price as these two are different measures arrived at by different means. Investors typically determine Aerojet Rocketdyne value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aerojet Rocketdyne'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.