Carpenter Technology (Germany) Alpha and Beta Analysis
| XTY Stock | EUR 161.00 1.00 0.62% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Carpenter Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in Carpenter Technology over a specified time horizon. Remember, high Carpenter Technology'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 Carpenter Technology's market risk premium analysis include:
Beta 1 | Alpha 0.21 | Risk 2.83 | Sharpe Ratio 0.0828 | Expected Return 0.23 |
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.
Carpenter |
Carpenter Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Carpenter Technology market risk premium is the additional return an investor will receive from holding Carpenter Technology 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 Carpenter Technology. 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 Carpenter Technology's performance over market.| α | 0.21 | β | 1.00 |
Carpenter Technology 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 Carpenter Technology's Buy-and-hold return. Our buy-and-hold chart shows how Carpenter Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Carpenter Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Carpenter Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carpenter Technology shares will generate the highest return on investment. By understating and applying Carpenter Technology stock market price indicators, traders can identify Carpenter Technology position entry and exit signals to maximize returns.
Carpenter Technology Return and Market Media
The median price of Carpenter Technology for the period between Wed, Sep 25, 2024 and Tue, Dec 24, 2024 is 158.0 with a coefficient of variation of 9.88. The daily time series for the period is distributed with a sample standard deviation of 15.65, arithmetic mean of 158.48, and mean deviation of 14.05. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Carpenter Technology 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 Carpenter or other stocks. Alpha measures the amount that position in Carpenter Technology 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 Carpenter Technology 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, Carpenter Technology's short interest history, or implied volatility extrapolated from Carpenter Technology options trading.
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Additional Information and Resources on Investing in Carpenter Stock
When determining whether Carpenter Technology is a strong investment it is important to analyze Carpenter Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Carpenter Technology's future performance. For an informed investment choice regarding Carpenter Stock, refer to the following important reports:Check out Carpenter Technology Backtesting, Carpenter Technology Valuation, Carpenter Technology Correlation, Carpenter Technology Hype Analysis, Carpenter Technology Volatility, Carpenter Technology History and analyze Carpenter Technology Performance. For more detail on how to invest in Carpenter Stock please use our How to Invest in Carpenter Technology guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Carpenter Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.