Elma Electronic (Switzerland) Alpha and Beta Analysis
| ELMN Stock | CHF 1,050 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Elma Electronic AG. It also helps investors analyze the systematic and unsystematic risks associated with investing in Elma Electronic over a specified time horizon. Remember, high Elma Electronic'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 Elma Electronic's market risk premium analysis include:
Beta (0.06) | Alpha 0.0772 | Risk 0.78 | Sharpe Ratio 0.22 | Expected Return 0.17 |
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.
Elma |
Elma Electronic Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Elma Electronic market risk premium is the additional return an investor will receive from holding Elma Electronic 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 Elma Electronic. 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 Elma Electronic's performance over market.| α | 0.08 | β | -0.06 |
Elma Electronic Fundamentals Vs Peers
Comparing Elma Electronic's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Elma Electronic's direct or indirect competition across all of the common fundamentals between Elma Electronic and the related equities. This way, we can detect undervalued stocks with similar characteristics as Elma Electronic or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Elma Electronic's fundamental indicators could also be used in its relative valuation, which is a method of valuing Elma Electronic by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Elma Electronic to competition |
| Fundamentals | Elma Electronic | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.045 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 238.46 M | 16.62 B |
| Shares Outstanding | 228.49 K | 571.82 M |
| Shares Owned By Insiders | 91.38 % | 10.09 % |
Elma Electronic Opportunities
Elma Electronic Return and Market Media
The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Elma Electronic 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 Elma or other stocks. Alpha measures the amount that position in Elma Electronic AG 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 Elma Electronic 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, Elma Electronic's short interest history, or implied volatility extrapolated from Elma Electronic options trading.
Build Portfolio with Elma Electronic
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
Align your risk with return expectations
Additional Tools for Elma Stock Analysis
When running Elma Electronic's price analysis, check to measure Elma Electronic'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 Elma Electronic is operating at the current time. Most of Elma Electronic's value examination focuses on studying past and present price action to predict the probability of Elma Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elma Electronic's price. Additionally, you may evaluate how the addition of Elma Electronic to your portfolios can decrease your overall portfolio volatility.