Scandium Canada Stock Alpha and Beta Analysis
| SCD Stock | CAD 0.03 0.01 66.67% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Scandium Canada. It also helps investors analyze the systematic and unsystematic risks associated with investing in Scandium Canada over a specified time horizon. Remember, high Scandium Canada'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 Scandium Canada's market risk premium analysis include:
Beta (2.58) | Alpha 0.78 | Risk 15.52 | Sharpe Ratio 0.0485 | Expected Return 0.75 |
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.
Scandium |
Scandium Canada Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Scandium Canada market risk premium is the additional return an investor will receive from holding Scandium Canada 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 Scandium Canada. 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 Scandium Canada's performance over market.| α | 0.78 | β | -2.58 |
Scandium Canada 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 Scandium Canada's Buy-and-hold return. Our buy-and-hold chart shows how Scandium Canada performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Scandium Canada Market Price Analysis
Market price analysis indicators help investors to evaluate how Scandium Canada stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scandium Canada shares will generate the highest return on investment. By understating and applying Scandium Canada stock market price indicators, traders can identify Scandium Canada position entry and exit signals to maximize returns.
Scandium Canada Return and Market Media
The median price of Scandium Canada for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 0.025 with a coefficient of variation of 16.28. The daily time series for the period is distributed with a sample standard deviation of 0.0, arithmetic mean of 0.02, and mean deviation of 0.0. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Scandium Canada Ltd. provides an update on its activities - TheNewswire.ca | 10/21/2024 |
2 | Scandium Canada Spreading the good news Down Under - Mining.com.au | 10/24/2024 |
3 | Scandium Canada Announces Diamond Drilling Results from Crater Lake - Junior Mining Network | 11/21/2024 |
4 | Imperial Mining Announces Grant of Options - Marketscreener.com | 11/22/2024 |
About Scandium Canada 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 Scandium or other stocks. Alpha measures the amount that position in Scandium Canada 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 Scandium Canada 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, Scandium Canada's short interest history, or implied volatility extrapolated from Scandium Canada options trading.
Build Portfolio with Scandium Canada
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Additional Tools for Scandium Stock Analysis
When running Scandium Canada's price analysis, check to measure Scandium Canada's 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 Scandium Canada is operating at the current time. Most of Scandium Canada's value examination focuses on studying past and present price action to predict the probability of Scandium Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scandium Canada's price. Additionally, you may evaluate how the addition of Scandium Canada to your portfolios can decrease your overall portfolio volatility.