Shengda Mining (China) Alpha and Beta Analysis
| 000603 Stock | 12.76 0.17 1.35% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Shengda Mining Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in Shengda Mining over a specified time horizon. Remember, high Shengda Mining'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 Shengda Mining's market risk premium analysis include:
Beta (0.56) | Alpha 0.28 | Risk 2.97 | Sharpe Ratio 0.16 | Expected Return 0.46 |
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.
Shengda |
Shengda Mining Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Shengda Mining market risk premium is the additional return an investor will receive from holding Shengda Mining 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 Shengda Mining. 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 Shengda Mining's performance over market.| α | 0.28 | β | -0.56 |
Shengda Mining 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 Shengda Mining's Buy-and-hold return. Our buy-and-hold chart shows how Shengda Mining performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Shengda Mining Market Price Analysis
Market price analysis indicators help investors to evaluate how Shengda Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shengda Mining shares will generate the highest return on investment. By understating and applying Shengda Mining stock market price indicators, traders can identify Shengda Mining position entry and exit signals to maximize returns.
Shengda Mining Return and Market Media
The median price of Shengda Mining for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 12.73 with a coefficient of variation of 13.31. The daily time series for the period is distributed with a sample standard deviation of 1.62, arithmetic mean of 12.18, and mean deviation of 1.45. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Shengda ResourcesLtd Third Quarter 2024 Earnings EPS CN0.17 - Simply Wall St | 10/31/2024 |
About Shengda Mining 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 Shengda or other stocks. Alpha measures the amount that position in Shengda Mining 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 Shengda Mining 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, Shengda Mining's short interest history, or implied volatility extrapolated from Shengda Mining options trading.
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Other Information on Investing in Shengda Stock
Shengda Mining financial ratios help investors to determine whether Shengda Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shengda with respect to the benefits of owning Shengda Mining security.