Harmony Electronics (Taiwan) Alpha and Beta Analysis
| 8182 Stock | TWD 33.80 0.25 0.75% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Harmony Electronics. It also helps investors analyze the systematic and unsystematic risks associated with investing in Harmony Electronics over a specified time horizon. Remember, high Harmony Electronics' 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 Harmony Electronics' market risk premium analysis include:
Beta 0.18 | Alpha (0.13) | Risk 1.32 | Sharpe Ratio (0.12) | Expected Return (0.15) |
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.
Harmony |
Harmony Electronics Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Harmony Electronics market risk premium is the additional return an investor will receive from holding Harmony Electronics 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 Harmony Electronics. 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 Harmony Electronics' performance over market.| α | -0.13 | β | 0.18 |
Harmony Electronics 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 Harmony Electronics' Buy-and-hold return. Our buy-and-hold chart shows how Harmony Electronics performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Harmony Electronics Market Price Analysis
Market price analysis indicators help investors to evaluate how Harmony Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Harmony Electronics shares will generate the highest return on investment. By understating and applying Harmony Electronics stock market price indicators, traders can identify Harmony Electronics position entry and exit signals to maximize returns.
Harmony Electronics Return and Market Media
The median price of Harmony Electronics for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 35.85 with a coefficient of variation of 3.37. The daily time series for the period is distributed with a sample standard deviation of 1.2, arithmetic mean of 35.71, and mean deviation of 0.99. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Harmony Electronics 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 Harmony or other stocks. Alpha measures the amount that position in Harmony Electronics 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 Harmony Electronics 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, Harmony Electronics' short interest history, or implied volatility extrapolated from Harmony Electronics options trading.
Build Portfolio with Harmony Electronics
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
Align your risk with return expectations
Additional Tools for Harmony Stock Analysis
When running Harmony Electronics' price analysis, check to measure Harmony Electronics' 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 Harmony Electronics is operating at the current time. Most of Harmony Electronics' value examination focuses on studying past and present price action to predict the probability of Harmony Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmony Electronics' price. Additionally, you may evaluate how the addition of Harmony Electronics to your portfolios can decrease your overall portfolio volatility.