PLAYWAY SA (Germany) Alpha and Beta Analysis
| 6P5 Stock | EUR 62.10 0.10 0.16% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PLAYWAY SA ZY 10. It also helps investors analyze the systematic and unsystematic risks associated with investing in PLAYWAY SA over a specified time horizon. Remember, high PLAYWAY SA'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 PLAYWAY SA's market risk premium analysis include:
Beta 0.28 | Alpha (0.13) | Risk 2.02 | Sharpe Ratio (0.04) | Expected Return (0.08) |
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.
PLAYWAY |
PLAYWAY SA Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. PLAYWAY SA market risk premium is the additional return an investor will receive from holding PLAYWAY SA 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 PLAYWAY SA. 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 PLAYWAY SA's performance over market.| α | -0.13 | β | 0.28 |
PLAYWAY SA 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 PLAYWAY SA's Buy-and-hold return. Our buy-and-hold chart shows how PLAYWAY SA performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.PLAYWAY SA Market Price Analysis
Market price analysis indicators help investors to evaluate how PLAYWAY SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PLAYWAY SA shares will generate the highest return on investment. By understating and applying PLAYWAY SA stock market price indicators, traders can identify PLAYWAY SA position entry and exit signals to maximize returns.
PLAYWAY SA Return and Market Media
The median price of PLAYWAY SA for the period between Wed, Sep 4, 2024 and Tue, Dec 3, 2024 is 63.3 with a coefficient of variation of 2.81. The daily time series for the period is distributed with a sample standard deviation of 1.79, arithmetic mean of 63.73, and mean deviation of 1.34. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About PLAYWAY SA 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 PLAYWAY or other stocks. Alpha measures the amount that position in PLAYWAY SA ZY 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 PLAYWAY SA 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, PLAYWAY SA's short interest history, or implied volatility extrapolated from PLAYWAY SA options trading.
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Other Information on Investing in PLAYWAY Stock
PLAYWAY SA financial ratios help investors to determine whether PLAYWAY 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 PLAYWAY with respect to the benefits of owning PLAYWAY SA security.