Indian Renewable (India) Alpha and Beta Analysis

IREDA Stock   205.16  3.25  1.56%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Indian Renewable Energy. It also helps investors analyze the systematic and unsystematic risks associated with investing in Indian Renewable over a specified time horizon. Remember, high Indian Renewable'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 Indian Renewable's market risk premium analysis include:
Beta
0.51
Alpha
(0.37)
Risk
2.4
Sharpe Ratio
(0.09)
Expected Return
(0.21)
Please note that although Indian Renewable 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, Indian Renewable did 0.37  worse 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 Indian Renewable Energy stock's relative risk over its benchmark. Indian Renewable Energy has a beta of 0.51  . As returns on the market increase, Indian Renewable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Indian Renewable is expected to be smaller as well. .
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 Indian Renewable Backtesting, Indian Renewable Valuation, Indian Renewable Correlation, Indian Renewable Hype Analysis, Indian Renewable Volatility, Indian Renewable History and analyze Indian Renewable Performance.

Indian Renewable Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Indian Renewable market risk premium is the additional return an investor will receive from holding Indian Renewable 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 Indian Renewable. 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 Indian Renewable's performance over market.
α-0.37   β0.51

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

Indian Renewable Market Price Analysis

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

Indian Renewable Return and Market Media

The median price of Indian Renewable for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 221.5 with a coefficient of variation of 8.22. The daily time series for the period is distributed with a sample standard deviation of 17.76, arithmetic mean of 216.06, and mean deviation of 15.44. The Stock received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
Indian Renewable Energy Development Agency share are down by -1.27, Nifty up by 0.07 percent - Mint
09/17/2024
2
4 Stocks that delivers hybrid energy projects to keep an eye on - Trade Brains
11/19/2024
3
Adani Green Energy stock sinks 25 percent after SEC alleges 250 million bribery scheme - Nairametrics
11/22/2024

About Indian Renewable 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 Indian or other stocks. Alpha measures the amount that position in Indian Renewable Energy 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 Indian Renewable 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, Indian Renewable's short interest history, or implied volatility extrapolated from Indian Renewable options trading.

Build Portfolio with Indian Renewable

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 Indian Stock

Indian Renewable financial ratios help investors to determine whether Indian 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 Indian with respect to the benefits of owning Indian Renewable security.