Top Choice (China) Alpha and Beta Analysis
| 600763 Stock | 48.17 0.65 1.33% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Top Choice Medical. It also helps investors analyze the systematic and unsystematic risks associated with investing in Top Choice over a specified time horizon. Remember, high Top Choice'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 Top Choice's market risk premium analysis include:
Beta (0.65) | Alpha 0.24 | Risk 3.57 | Sharpe Ratio 0.0871 | Expected Return 0.31 |
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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Top Choice Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Top Choice market risk premium is the additional return an investor will receive from holding Top Choice 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 Top Choice. 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 Top Choice's performance over market.| α | 0.24 | β | -0.65 |
Top Choice 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 Top Choice's Buy-and-hold return. Our buy-and-hold chart shows how Top Choice performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Top Choice Market Price Analysis
Market price analysis indicators help investors to evaluate how Top Choice stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Top Choice shares will generate the highest return on investment. By understating and applying Top Choice stock market price indicators, traders can identify Top Choice position entry and exit signals to maximize returns.
Top Choice Return and Market Media
The median price of Top Choice for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 49.98 with a coefficient of variation of 11.02. The daily time series for the period is distributed with a sample standard deviation of 5.3, arithmetic mean of 48.14, and mean deviation of 4.74. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Topchoice Medical Co., Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024 - Marketscreener.com | 08/27/2024 |
2 | 5 Top Stocks To Buy In October - Forbes | 09/11/2024 |
3 | 5 Top Stocks To Buy In December 2024 - Forbes | 11/13/2024 |
About Top Choice 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 Top or other stocks. Alpha measures the amount that position in Top Choice Medical 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 Top Choice 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, Top Choice's short interest history, or implied volatility extrapolated from Top Choice options trading.
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Other Information on Investing in Top Stock
Top Choice financial ratios help investors to determine whether Top 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 Top with respect to the benefits of owning Top Choice security.