Par Pacific (Germany) Alpha and Beta Analysis
| 61P Stock | EUR 16.30 0.10 0.61% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Par Pacific Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Par Pacific over a specified time horizon. Remember, high Par Pacific'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 Par Pacific's market risk premium analysis include:
Beta 0.93 | Alpha (0.37) | Risk 3.16 | Sharpe Ratio (0.09) | Expected Return (0.29) |
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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Par Pacific Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Par Pacific market risk premium is the additional return an investor will receive from holding Par Pacific 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 Par Pacific. 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 Par Pacific's performance over market.| α | -0.37 | β | 0.93 |
Par Pacific 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 Par Pacific's Buy-and-hold return. Our buy-and-hold chart shows how Par Pacific performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Par Pacific Market Price Analysis
Market price analysis indicators help investors to evaluate how Par Pacific stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Par Pacific shares will generate the highest return on investment. By understating and applying Par Pacific stock market price indicators, traders can identify Par Pacific position entry and exit signals to maximize returns.
Par Pacific Return and Market Media
The median price of Par Pacific for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 16.3 with a coefficient of variation of 8.18. The daily time series for the period is distributed with a sample standard deviation of 1.34, arithmetic mean of 16.35, and mean deviation of 0.93. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Par Pacific 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 Par or other stocks. Alpha measures the amount that position in Par Pacific Holdings 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 Par Pacific 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, Par Pacific's short interest history, or implied volatility extrapolated from Par Pacific options trading.
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Additional Information and Resources on Investing in Par Stock
When determining whether Par Pacific Holdings is a strong investment it is important to analyze Par Pacific'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 Par Pacific's future performance. For an informed investment choice regarding Par Stock, refer to the following important reports:Check out Par Pacific Backtesting, Par Pacific Valuation, Par Pacific Correlation, Par Pacific Hype Analysis, Par Pacific Volatility, Par Pacific History and analyze Par Pacific Performance. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Par Pacific 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.