Wellnex Life (Australia) Alpha and Beta Analysis
| WNX Stock | 0.63 0.01 1.61% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Wellnex Life. It also helps investors analyze the systematic and unsystematic risks associated with investing in Wellnex Life over a specified time horizon. Remember, high Wellnex Life's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Wellnex Life's market risk premium analysis include:
Beta (1.80) | Alpha (0.21) | Risk 8.34 | Sharpe Ratio (0.04) | Expected Return (0.36) |
Wellnex Life Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Wellnex |
Wellnex Life Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Wellnex Life market risk premium is the additional return an investor will receive from holding Wellnex Life long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Wellnex Life. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Wellnex Life's performance over market.| α | -0.21 | β | -1.8 |
Wellnex Life expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Wellnex Life's Buy-and-hold return. Our buy-and-hold chart shows how Wellnex Life performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Wellnex Life Market Price Analysis
Market price analysis indicators help investors to evaluate how Wellnex Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wellnex Life shares will generate the highest return on investment. By understating and applying Wellnex Life stock market price indicators, traders can identify Wellnex Life position entry and exit signals to maximize returns.
Wellnex Life Return and Market Media
The median price of Wellnex Life for the period between Mon, Sep 16, 2024 and Sun, Dec 15, 2024 is 0.76 with a coefficient of variation of 17.89. The daily time series for the period is distributed with a sample standard deviation of 0.14, arithmetic mean of 0.79, and mean deviation of 0.13. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Wellnex Life Completes Share Consolidation Process - TipRanks | 10/14/2024 |
2 | Wellnex Life Ltd Announces Directors Stock Consolidation - TipRanks | 10/22/2024 |
3 | Wellnex Life Gains Investor Confidence with Premium Placement - TipRanks | 11/18/2024 |
4 | Wellnex Life Limited Reports Robust Sales Growth - TipRanks | 12/04/2024 |
About Wellnex Life Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Wellnex or other stocks. Alpha measures the amount that position in Wellnex Life has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wellnex Life in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wellnex Life's short interest history, or implied volatility extrapolated from Wellnex Life options trading.
Build Portfolio with Wellnex Life
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Additional Tools for Wellnex Stock Analysis
When running Wellnex Life's price analysis, check to measure Wellnex Life'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 Wellnex Life is operating at the current time. Most of Wellnex Life's value examination focuses on studying past and present price action to predict the probability of Wellnex Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wellnex Life's price. Additionally, you may evaluate how the addition of Wellnex Life to your portfolios can decrease your overall portfolio volatility.