Evergreen Marine (Taiwan) Alpha and Beta Analysis
| 2603 Stock | TWD 236.00 3.00 1.26% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Evergreen Marine Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Evergreen Marine over a specified time horizon. Remember, high Evergreen Marine'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 Evergreen Marine's market risk premium analysis include:
Beta 0.5 | Alpha 0.3 | Risk 2.27 | Sharpe Ratio 0.16 | Expected Return 0.37 |
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.
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Evergreen Marine Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Evergreen Marine market risk premium is the additional return an investor will receive from holding Evergreen Marine 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 Evergreen Marine. 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 Evergreen Marine's performance over market.| α | 0.30 | β | 0.50 |
Evergreen Marine 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 Evergreen Marine's Buy-and-hold return. Our buy-and-hold chart shows how Evergreen Marine performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Evergreen Marine Market Price Analysis
Market price analysis indicators help investors to evaluate how Evergreen Marine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evergreen Marine shares will generate the highest return on investment. By understating and applying Evergreen Marine stock market price indicators, traders can identify Evergreen Marine position entry and exit signals to maximize returns.
Evergreen Marine Return and Market Media
The median price of Evergreen Marine for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 201.0 with a coefficient of variation of 8.15. The daily time series for the period is distributed with a sample standard deviation of 16.31, arithmetic mean of 200.08, and mean deviation of 13.95. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Evergreen Marine 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 Evergreen or other stocks. Alpha measures the amount that position in Evergreen Marine Corp 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 Evergreen Marine 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, Evergreen Marine's short interest history, or implied volatility extrapolated from Evergreen Marine options trading.
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Additional Tools for Evergreen Stock Analysis
When running Evergreen Marine's price analysis, check to measure Evergreen Marine'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 Evergreen Marine is operating at the current time. Most of Evergreen Marine's value examination focuses on studying past and present price action to predict the probability of Evergreen Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergreen Marine's price. Additionally, you may evaluate how the addition of Evergreen Marine to your portfolios can decrease your overall portfolio volatility.