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Azure Power Global Limited (AZRE)

Equity · Currency in USD · Last updated Dec 8, 2022

Company Info

ISINMU0527S00004
SectorUtilities
IndustryUtilities—Renewable

Trading Data

Previous Close$4.82
Year Range$3.55 - $21.33
EMA (50)$5.81
EMA (200)$10.36
Average Volume$421.21K
Market Capitalization$327.09M

AZREShare Price Chart


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AZREPerformance

The chart shows the growth of $10,000 invested in Azure Power Global Limited in Oct 2016 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $3,301 for a total return of roughly -66.99%. All prices are adjusted for splits and dividends.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-66.90%
-2.09%
AZRE (Azure Power Global Limited)
Benchmark (^GSPC)

AZRECompare to other instruments

Search for stocks, ETFs, and funds to compare with AZRE

AZREReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-12.84%4.33%
6M-69.49%-5.45%
YTD-73.44%-17.46%
1Y-73.21%-14.32%
5Y-18.46%8.71%
10Y-16.60%11.10%

AZREMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-20.06%14.06%0.54%-15.56%5.77%-23.28%7.37%-70.67%54.32%4.51%-1.38%-15.59%
2021-7.01%-20.02%-10.32%-14.34%-10.65%29.36%-3.23%-13.78%-2.05%8.14%-13.41%-11.89%
2020-2.38%30.29%-4.37%-5.10%1.58%8.20%29.95%20.15%19.58%-10.50%41.92%7.71%
201918.53%2.54%2.45%3.90%1.62%-11.34%4.27%-0.09%9.19%7.58%1.08%-3.60%
201817.61%-2.10%-18.96%7.40%7.17%-5.18%7.19%0.77%3.59%-25.53%-15.93%-10.66%
2017-2.12%2.34%9.57%-10.34%-4.00%1.56%-6.50%-4.85%9.58%-2.70%-13.38%5.97%
20169.25%9.72%-2.86%

AZRESharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Azure Power Global Limited Sharpe ratio is -0.70. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.80-0.60-0.40-0.20JulyAugustSeptemberOctoberNovemberDecember
-0.70
-0.67
AZRE (Azure Power Global Limited)
Benchmark (^GSPC)

AZREDividend History


Azure Power Global Limited doesn't pay dividends

AZREDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
-90.35%
-17.98%
AZRE (Azure Power Global Limited)
Benchmark (^GSPC)

AZREWorst Drawdowns

The table below shows the maximum drawdowns of the Azure Power Global Limited. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Azure Power Global Limited is 92.89%, recorded on Sep 2, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-92.89%Jan 13, 2021414Sep 2, 2022
-62.02%Apr 4, 2017437Jan 8, 2019404Aug 14, 2020841
-22.75%Nov 17, 201664Feb 24, 201725Mar 31, 201789
-20.64%Sep 21, 202028Oct 28, 202019Nov 24, 202047
-19.87%Dec 1, 202014Dec 18, 20203Dec 23, 202017
-7.96%Aug 18, 20205Aug 24, 20203Aug 27, 20208
-6.94%Sep 10, 20201Sep 10, 20203Sep 15, 20204
-6.51%Oct 13, 20161Oct 13, 20163Oct 18, 20164
-5.99%Aug 31, 20204Sep 3, 20202Sep 8, 20206
-4.05%Dec 24, 20201Dec 24, 20201Dec 28, 20202

AZREVolatility Chart

Current Azure Power Global Limited volatility is 87.89%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%100.00%200.00%300.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
87.89%
22.83%
AZRE (Azure Power Global Limited)
Benchmark (^GSPC)