Greatek Electronics (Taiwan) Alpha and Beta Analysis
| 2441 Stock | TWD 57.20 0.60 1.04% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Greatek Electronics. It also helps investors analyze the systematic and unsystematic risks associated with investing in Greatek Electronics over a specified time horizon. Remember, high Greatek Electronics' 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 Greatek Electronics' market risk premium analysis include:
Beta (0.03) | Alpha 0.006524 | Risk 0.97 | Sharpe Ratio 0.0077 | Expected Return 0.0074 |
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.
Greatek |
Greatek Electronics Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Greatek Electronics market risk premium is the additional return an investor will receive from holding Greatek Electronics 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 Greatek Electronics. 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 Greatek Electronics' performance over market.| α | 0.01 | β | -0.03 |
Greatek Electronics 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 Greatek Electronics' Buy-and-hold return. Our buy-and-hold chart shows how Greatek Electronics performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Greatek Electronics Market Price Analysis
Market price analysis indicators help investors to evaluate how Greatek Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greatek Electronics shares will generate the highest return on investment. By understating and applying Greatek Electronics stock market price indicators, traders can identify Greatek Electronics position entry and exit signals to maximize returns.
Greatek Electronics Return and Market Media
The median price of Greatek Electronics for the period between Fri, Sep 13, 2024 and Thu, Dec 12, 2024 is 57.7 with a coefficient of variation of 1.43. The daily time series for the period is distributed with a sample standard deviation of 0.83, arithmetic mean of 57.6, and mean deviation of 0.68. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Greatek Electronics 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 Greatek or other stocks. Alpha measures the amount that position in Greatek Electronics 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 Greatek Electronics 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, Greatek Electronics' short interest history, or implied volatility extrapolated from Greatek Electronics options trading.
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Additional Tools for Greatek Stock Analysis
When running Greatek Electronics' price analysis, check to measure Greatek Electronics' 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 Greatek Electronics is operating at the current time. Most of Greatek Electronics' value examination focuses on studying past and present price action to predict the probability of Greatek Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greatek Electronics' price. Additionally, you may evaluate how the addition of Greatek Electronics to your portfolios can decrease your overall portfolio volatility.