Shenzhen Inovance (China) Alpha and Beta Analysis
| 300124 Stock | 59.39 0.69 1.15% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Shenzhen Inovance Tech. It also helps investors analyze the systematic and unsystematic risks associated with investing in Shenzhen Inovance over a specified time horizon. Remember, high Shenzhen Inovance'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 Shenzhen Inovance's market risk premium analysis include:
Beta 0.0228 | Alpha 0.55 | Risk 3.99 | Sharpe Ratio 0.0029 | Expected Return 0.0115 |
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.
Shenzhen |
Shenzhen Inovance Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Shenzhen Inovance market risk premium is the additional return an investor will receive from holding Shenzhen Inovance 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 Shenzhen Inovance. 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 Shenzhen Inovance's performance over market.| α | 0.55 | β | 0.02 |
Shenzhen Inovance 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 Shenzhen Inovance's Buy-and-hold return. Our buy-and-hold chart shows how Shenzhen Inovance performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Shenzhen Inovance Market Price Analysis
Market price analysis indicators help investors to evaluate how Shenzhen Inovance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenzhen Inovance shares will generate the highest return on investment. By understating and applying Shenzhen Inovance stock market price indicators, traders can identify Shenzhen Inovance position entry and exit signals to maximize returns.
Shenzhen Inovance Return and Market Media
The median price of Shenzhen Inovance for the period between Sat, Sep 28, 2024 and Fri, Dec 27, 2024 is 59.3 with a coefficient of variation of 8.56. The daily time series for the period is distributed with a sample standard deviation of 5.01, arithmetic mean of 58.51, and mean deviation of 3.29. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Shenzhen Inovance TechnologyLtd Eyes Growth with New Energy Vehicles and Global Expansion - Simply Wall St | 12/05/2024 |
About Shenzhen Inovance 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 Shenzhen or other stocks. Alpha measures the amount that position in Shenzhen Inovance Tech 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 Shenzhen Inovance 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, Shenzhen Inovance's short interest history, or implied volatility extrapolated from Shenzhen Inovance options trading.
Build Portfolio with Shenzhen Inovance
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.Build Diversified Portfolios
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Other Information on Investing in Shenzhen Stock
Shenzhen Inovance financial ratios help investors to determine whether Shenzhen 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 Shenzhen with respect to the benefits of owning Shenzhen Inovance security.