Zotye Automobile (China) Alpha and Beta Analysis
| 000980 Stock | 2.52 0.01 0.40% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Zotye Automobile Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in Zotye Automobile over a specified time horizon. Remember, high Zotye Automobile'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 Zotye Automobile's market risk premium analysis include:
Beta (0.30) | Alpha 0.87 | Risk 5.04 | Sharpe Ratio 0.21 | Expected Return 1.06 |
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.
Zotye |
Zotye Automobile Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Zotye Automobile market risk premium is the additional return an investor will receive from holding Zotye Automobile 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 Zotye Automobile. 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 Zotye Automobile's performance over market.| α | 0.87 | β | -0.3 |
Zotye Automobile 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 Zotye Automobile's Buy-and-hold return. Our buy-and-hold chart shows how Zotye Automobile performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Zotye Automobile Market Price Analysis
Market price analysis indicators help investors to evaluate how Zotye Automobile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zotye Automobile shares will generate the highest return on investment. By understating and applying Zotye Automobile stock market price indicators, traders can identify Zotye Automobile position entry and exit signals to maximize returns.
Zotye Automobile Return and Market Media
The median price of Zotye Automobile for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 1.84 with a coefficient of variation of 25.25. The daily time series for the period is distributed with a sample standard deviation of 0.51, arithmetic mean of 2.02, and mean deviation of 0.45. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Successive profit warnings, European and American automotive stocks plummeted - LongPort | 09/30/2024 |
About Zotye Automobile 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 Zotye or other stocks. Alpha measures the amount that position in Zotye Automobile 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 Zotye Automobile 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, Zotye Automobile's short interest history, or implied volatility extrapolated from Zotye Automobile options trading.
Build Portfolio with Zotye Automobile
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
Other Information on Investing in Zotye Stock
Zotye Automobile financial ratios help investors to determine whether Zotye 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 Zotye with respect to the benefits of owning Zotye Automobile security.