Aecon Group Inc.

10-Year Study

ARE.TO · Industrials · CA · Common Stock

Executive Summary: Aecon Group Inc. has compounded at 39.4% annually over the last 10 years, with a maximum drawdown of 40.1% and an annualized volatility of 53.9%.

1Y CAGR
+173.4%
3Y CAGR
+97.5%
5Y CAGR
+66.3%
10Y CAGR
+39.4%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
40.1%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
1.19
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
2.49
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
37.4%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2024 · +185.1%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -10.5%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202612.97.710.010.8————————48.1%
2025-12.0-5.9-24.0-4.716.910.1-8.88.917.729.8-11.815.318.9%
20245.73.030.9-0.6-2.813.3-0.99.921.810.924.10.1185.1%
202323.1-9.551.1-7.74.35.8-11.34.313.7-10.112.928.5134.6%
20222.81.44.6-11.8-1.2-1.2-15.5-2.00.71.51.710.8-10.5%
20210.911.512.9-4.0-2.36.413.11.3-0.6-3.7-11.812.437.8%
2020-1.8-8.7-11.821.7-4.510.3-4.73.43.13.914.58.733.2%
20193.70.51.39.8-8.716.56.0-9.05.2-0.20.82.328.8%
2018-0.2-4.3-3.0-1.7-17.04.06.55.3-5.716.6-1.1-5.3-9.0%
20176.6-2.08.6-5.7-9.010.4-6.713.53.510.61.22.034.6%
2016———3.75.50.3-1.15.5-0.6-4.3-9.9-1.7-3.5%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 53.9%. The dominant macroeconomic risk driver is SHV.US, accounting for 56.1% of variance. Idiosyncratic stock-specific factors contribute 23.8%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110372.090064877242
2016-05-0110941.992112962726
2016-06-0110970.614425645594
2016-07-0110852.308866556417
2016-08-0111450.833227324769
2016-09-0111380.231522707034
2016-10-0110889.835898740619
2016-11-019816.181147436711
2016-12-019650.80778526905
2017-01-0110283.678921256838
2017-02-0110080.778526904975
2017-03-0110946.444472713394
2017-04-0110321.84200483399
2017-05-019397.023279480982
2017-06-0110373.9982190561
2017-07-019680.066149344868
2017-08-0110984.607556290548
2017-09-0111373.871008777509
2017-10-0112577.916295636687
2017-11-0112733.11283551711
2017-12-0112989.441546876986
2018-01-0112969.723953695458
2018-02-0112409.998727897213
2018-03-0112041.088919984735
2018-04-0111838.188525632871
2018-05-019824.449815545095
2018-06-0110220.709833354535
2018-07-0110888.563795954713
2018-08-0111469.914769113342
2018-09-0110815.417885765168
2018-10-0112614.171225034983
2018-11-0112474.239918585421
2018-12-0111817.834881058388
2019-01-0112260.526650553365
2019-02-0112320.951532883857
2019-03-0112484.416740872664
2019-04-0113708.179620913368
2019-05-0112520.035618878004
2019-06-0114589.746851545604
2019-07-0115465.589619641269
2019-08-0114072.637069075181
2019-09-0114801.551965398805
2019-10-0114769.113344358224
2019-11-0114882.330492303778
2019-12-0115218.801679175678
2020-01-0114949.751939956748
2020-02-0113646.482635796972
2020-03-0112032.184200483398
2020-04-0114647.627528304289
2020-05-0113986.770131026584
2020-06-0115431.24284442183
2020-07-0114699.147691133443
2020-08-0115200.992240173005
2020-09-0115674.214476529703
2020-10-0116292.456430479582
2020-11-0118652.843149726497
2020-12-0120274.13815036255
2021-01-0120447.780180638594
2021-02-0122802.44243734894
2021-03-0125750.540643684006
2021-04-0124730.31420938812
2021-05-0124160.412161302633
2021-06-0125709.83335453504
2021-07-0129066.276555145654
2021-08-0129437.73056862994
2021-09-0129256.45592163847
2021-10-0128172.624348047317
2021-11-0124846.075562905484
2021-12-0127928.380613153542
2022-01-0128722.172751558322
2022-02-0129135.606156977483
2022-03-0130463.045414069453
2022-04-0126873.17135224526
2022-05-0126550.05724462536
2022-06-0126225.671034219566
2022-07-0122170.843404147057
2022-08-0121731.967943009797
2022-09-0121882.076071746596
2022-10-0122203.918076580583
2022-11-0122571.55578170716
2022-12-0125009.540770894288
2023-01-0130774.710596616205
2023-02-0127836.789212568376
2023-03-0142054.445999236734
2023-04-0138808.03968960692
2023-05-0140461.77331128355
2023-06-0142802.44243734893
2023-07-0137958.275028622316
2023-08-0139584.65844040198
2023-09-0145000
2023-10-0140440.78361531612
2023-11-0145674.214476529705
2023-12-0158680.19335962345
2024-01-0162047.44943391426
2024-02-0163888.18216511893
2024-03-0183630.58135097315
2024-04-0183138.91362422083
2024-05-0180779.16295636688
2024-06-0191523.34308612137
2024-07-0190714.92176567866
2024-08-0199716.32107874317
2024-09-01121424.11906882074
2024-10-01134599.92367383285
2024-11-01167045.54127973536
2024-12-01167284.69660348556
2025-01-01147250.34982826613
2025-02-01138523.0886655642
2025-03-01105216.89352499683
2025-04-01100248.06004325148
2025-05-01117142.22109146419
2025-06-01129002.6714158504
2025-07-01117588.72916931688
2025-08-01127998.98231777127
2025-09-01150606.1569774838
2025-10-01195497.3921892889
2025-11-01172483.14463808676
2025-12-01198956.87571555784
2026-01-01224526.14171225033
2026-02-01241763.13446126448
2026-03-01265933.0873934614
2026-04-01294682.61035491666
Annual Return Matrix
YearAnnual Return
20170.3459434521848017
2018-0.09019684653804705
20190.28778256189451024
20200.33217703849208013
20210.3775372549019609
2022-0.10451160354369271
20231.3463123092573754
20241.850786390192614
20250.18933100131176217
20260.4811381074168797
Total Factor Risk
0.539450684518408
VTI.US Exposure
-0.004272846009865703
VEA.US Exposure
-0.0054744777737675025
VWO.US Exposure
0.005789744866466265
QQQ.US Exposure
0.02042354651870143
VTV.US Exposure
0.02264386643303262
IJR.US Exposure
-0.008870193895129493
QUAL.US Exposure
-0.0061103671184248596
SHV.US Exposure
0.5611237542220117
TLT.US Exposure
0.012071561826199055
LQD.US Exposure
0.0391087572844714
HYG.US Exposure
0.015569277007537517
GLD.US Exposure
0.007886075552575662
USO.US Exposure
0.01100763225045048
VNQ.US Exposure
0.0020968379175474207
BTC-USD.CC Exposure
0.016894065629545922
CPER.US Exposure
0.00789326689142906
VIX.INDX Exposure
0.004409348537270676
UUP.US Exposure
0.005512787062195106
TIP.US Exposure
0.05420192710478095
Idiosyncratic Exposure
0.23809543569297248
Value Score
0
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
21.4
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
53.9%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →185.9x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →1.78%
Market Cap$2.9B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$2,436
Avg Yield on Cost
12.18%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2025$1,208.512.08%Solid
2026$1,227.5812.28%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+14.5%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+57.8%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
0.9% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.16
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Aecon Group Inc. a high-risk investment?

Aecon Group Inc. (ARE.TO) has an annualized volatility of 53.9% and experienced a maximum drawdown of 40.1% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of ARE.TO?

Over the past 10 years, ARE.TO has generated a Compound Annual Growth Rate (CAGR) of 39.4%. It has had a positive return in 80% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

Run a Full Backtest on Aecon Group Inc.

stresstest.pro lets you simulate DCA vs Lump Sum, Monte Carlo projections, portfolio optimisation, and more — all in seconds.

Start a Free Backtest