IG Petrochemicals (India) Alpha and Beta Analysis
| IGPL Stock | 559.90 3.60 0.64% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as IG Petrochemicals Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in IG Petrochemicals over a specified time horizon. Remember, high IG Petrochemicals' 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 IG Petrochemicals' market risk premium analysis include:
Beta 0.65 | Alpha (0.14) | Risk 2.75 | Sharpe Ratio (0.02) | Expected Return (0.05) |
IG Petrochemicals Quarterly Cash And Equivalents |
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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.
IGPL |
IG Petrochemicals Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. IG Petrochemicals market risk premium is the additional return an investor will receive from holding IG Petrochemicals 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 IG Petrochemicals. 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 IG Petrochemicals' performance over market.| α | -0.14 | β | 0.65 |
IG Petrochemicals 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 IG Petrochemicals' Buy-and-hold return. Our buy-and-hold chart shows how IG Petrochemicals performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.IG Petrochemicals Market Price Analysis
Market price analysis indicators help investors to evaluate how IG Petrochemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IG Petrochemicals shares will generate the highest return on investment. By understating and applying IG Petrochemicals stock market price indicators, traders can identify IG Petrochemicals position entry and exit signals to maximize returns.
IG Petrochemicals Return and Market Media
The median price of IG Petrochemicals for the period between Thu, Sep 26, 2024 and Wed, Dec 25, 2024 is 575.55 with a coefficient of variation of 4.35. The daily time series for the period is distributed with a sample standard deviation of 24.95, arithmetic mean of 573.15, and mean deviation of 20.6. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Stocks To Buy For 5-15 Days Axis Direct recommends buying these 5 shares check targets, stop losses - Zee Business | 11/06/2024 |
2 | Do Its Financials Have Any Role To Play In Driving I G Petrochemicals Limiteds Stock Up Recently - Simply Wall St | 11/29/2024 |
About IG Petrochemicals 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 IGPL or other stocks. Alpha measures the amount that position in IG Petrochemicals 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 IG Petrochemicals 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, IG Petrochemicals' short interest history, or implied volatility extrapolated from IG Petrochemicals options trading.
Build Portfolio with IG Petrochemicals
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Additional Tools for IGPL Stock Analysis
When running IG Petrochemicals' price analysis, check to measure IG Petrochemicals' 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 IG Petrochemicals is operating at the current time. Most of IG Petrochemicals' value examination focuses on studying past and present price action to predict the probability of IG Petrochemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IG Petrochemicals' price. Additionally, you may evaluate how the addition of IG Petrochemicals to your portfolios can decrease your overall portfolio volatility.