Change Financial (Australia) Alpha and Beta Analysis
| CCA Stock | 0.06 0 1.67% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Change Financial Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in Change Financial over a specified time horizon. Remember, high Change Financial'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 Change Financial's market risk premium analysis include:
Beta (0.57) | Alpha (0.27) | Risk 3.49 | Sharpe Ratio (0.09) | Expected Return (0.30) |
Change Financial 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.
Change |
Change Financial Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Change Financial market risk premium is the additional return an investor will receive from holding Change Financial 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 Change Financial. 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 Change Financial's performance over market.| α | -0.27 | β | -0.57 |
Change Financial 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 Change Financial's Buy-and-hold return. Our buy-and-hold chart shows how Change Financial performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Change Financial Market Price Analysis
Market price analysis indicators help investors to evaluate how Change Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Change Financial shares will generate the highest return on investment. By understating and applying Change Financial stock market price indicators, traders can identify Change Financial position entry and exit signals to maximize returns.
Change Financial Return and Market Media
The median price of Change Financial for the period between Tue, Sep 24, 2024 and Mon, Dec 23, 2024 is 0.072 with a coefficient of variation of 9.89. The daily time series for the period is distributed with a sample standard deviation of 0.01, arithmetic mean of 0.07, and mean deviation of 0.01. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Indian stock market 8 things that changed for market overnight- Gift Nifty, US retail sales, ECB rate cut to Q2 results Stock Market News - Mint | 10/18/2024 |
2 | Insider Buying Change Financial Non-Executive Director Bought US250k Of Shares - Simply Wall St | 11/20/2024 |
3 | Multibagger penny stock hits 5 percent upper circuit on stock split, rights issue announcement Stock Market News - Mint | 12/04/2024 |
About Change Financial 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 Change or other stocks. Alpha measures the amount that position in Change Financial 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 Change Financial 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, Change Financial's short interest history, or implied volatility extrapolated from Change Financial options trading.
Build Portfolio with Change Financial
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Additional Tools for Change Stock Analysis
When running Change Financial's price analysis, check to measure Change Financial'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 Change Financial is operating at the current time. Most of Change Financial's value examination focuses on studying past and present price action to predict the probability of Change Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Change Financial's price. Additionally, you may evaluate how the addition of Change Financial to your portfolios can decrease your overall portfolio volatility.