Companhia Siderrgica (Brazil) Alpha and Beta Analysis
| CSNA3 Stock | BRL 11.46 0.37 3.34% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Companhia Siderrgica Nacional. It also helps investors analyze the systematic and unsystematic risks associated with investing in Companhia Siderrgica over a specified time horizon. Remember, high Companhia Siderrgica'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 Companhia Siderrgica's market risk premium analysis include:
Beta 0.68 | Alpha (0.07) | Risk 3 | Sharpe Ratio 0.0066 | Expected Return 0.0198 |
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.
Companhia |
Companhia Siderrgica Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Companhia Siderrgica market risk premium is the additional return an investor will receive from holding Companhia Siderrgica 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 Companhia Siderrgica. 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 Companhia Siderrgica's performance over market.| α | -0.07 | β | 0.68 |
Companhia Siderrgica 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 Companhia Siderrgica's Buy-and-hold return. Our buy-and-hold chart shows how Companhia Siderrgica performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Companhia Siderrgica Market Price Analysis
Market price analysis indicators help investors to evaluate how Companhia Siderrgica stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Companhia Siderrgica shares will generate the highest return on investment. By understating and applying Companhia Siderrgica stock market price indicators, traders can identify Companhia Siderrgica position entry and exit signals to maximize returns.
Companhia Siderrgica Return and Market Media
The median price of Companhia Siderrgica for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 11.87 with a coefficient of variation of 4.61. The daily time series for the period is distributed with a sample standard deviation of 0.55, arithmetic mean of 11.9, and mean deviation of 0.39. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Companhia Siderrgica 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 Companhia or other stocks. Alpha measures the amount that position in Companhia Siderrgica 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 Companhia Siderrgica 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, Companhia Siderrgica's short interest history, or implied volatility extrapolated from Companhia Siderrgica options trading.
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Additional Tools for Companhia Stock Analysis
When running Companhia Siderrgica's price analysis, check to measure Companhia Siderrgica'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 Companhia Siderrgica is operating at the current time. Most of Companhia Siderrgica's value examination focuses on studying past and present price action to predict the probability of Companhia Siderrgica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia Siderrgica's price. Additionally, you may evaluate how the addition of Companhia Siderrgica to your portfolios can decrease your overall portfolio volatility.