First Capital Real Stock Alpha and Beta Analysis

FCR-UN Stock  CAD 17.78  0.02  0.11%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as First Capital Real. It also helps investors analyze the systematic and unsystematic risks associated with investing in First Capital over a specified time horizon. Remember, high First Capital'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 First Capital's market risk premium analysis include:
Beta
(0.01)
Alpha
0.0367
Risk
0.84
Sharpe Ratio
0.0052
Expected Return
0.0044
Please note that although First Capital alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, First Capital did 0.04  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of First Capital Real stock's relative risk over its benchmark. First Capital Real has a beta of 0.01  . As returns on the market increase, returns on owning First Capital are expected to decrease at a much lower rate. During the bear market, First Capital is likely to outperform the market. At present, First Capital's Tangible Book Value Per Share is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.51, whereas Book Value Per Share is forecasted to decline to 11.95.

Enterprise Value

8.56 Billion

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.
  
Check out First Capital Backtesting, First Capital Valuation, First Capital Correlation, First Capital Hype Analysis, First Capital Volatility, First Capital History and analyze First Capital Performance.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

First Capital Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. First Capital market risk premium is the additional return an investor will receive from holding First Capital 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 First Capital. 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 First Capital's performance over market.
α0.04   β-0.01

First Capital 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 First Capital's Buy-and-hold return. Our buy-and-hold chart shows how First Capital performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

First Capital Market Price Analysis

Market price analysis indicators help investors to evaluate how First Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Capital shares will generate the highest return on investment. By understating and applying First Capital stock market price indicators, traders can identify First Capital position entry and exit signals to maximize returns.

First Capital Return and Market Media

The median price of First Capital for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 is 17.93 with a coefficient of variation of 1.86. The daily time series for the period is distributed with a sample standard deviation of 0.33, arithmetic mean of 18.02, and mean deviation of 0.26. The Stock received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
First Capital stock hits 52-week high at 34.54 amid growth - Investing.com
09/19/2024
2
Is First Capital REIT a Buy for its 4.8 percent Yield - The Motley Fool Canada
11/06/2024

About First Capital 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 First or other stocks. Alpha measures the amount that position in First Capital Real 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.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02480.03250.05640.0326
Price To Sales Ratio6.145.184.314.28
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 First Capital 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, First Capital's short interest history, or implied volatility extrapolated from First Capital options trading.

Build Portfolio with First Capital

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.

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Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Other Information on Investing in First Stock

First Capital financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First Capital security.