Doman Building Materials Stock Alpha and Beta Analysis
| DBM Stock | 9.58 0.07 0.73% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Doman Building Materials. It also helps investors analyze the systematic and unsystematic risks associated with investing in Doman Building over a specified time horizon. Remember, high Doman Building'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 Doman Building's market risk premium analysis include:
Beta 0.2 | Alpha 0.51 | Risk 1.91 | Sharpe Ratio 0.27 | Expected Return 0.51 |
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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.
Doman |
Doman Building Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Doman Building market risk premium is the additional return an investor will receive from holding Doman Building 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 Doman Building. 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 Doman Building's performance over market.| α | 0.51 | β | 0.20 |
Doman Building 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 Doman Building's Buy-and-hold return. Our buy-and-hold chart shows how Doman Building performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Doman Building Market Price Analysis
Market price analysis indicators help investors to evaluate how Doman Building stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Doman Building shares will generate the highest return on investment. By understating and applying Doman Building stock market price indicators, traders can identify Doman Building position entry and exit signals to maximize returns.
Doman Building Return and Market Media
The median price of Doman Building for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 is 8.34 with a coefficient of variation of 10.78. The daily time series for the period is distributed with a sample standard deviation of 0.87, arithmetic mean of 8.11, and mean deviation of 0.78. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Doman Building Materials Group Is Looking To Continue Growing Its Returns On Capital - Yahoo Finance | 09/16/2024 |
2 | Doman Secures 265 Million in Private Placement - TipRanks | 09/20/2024 |
3 | Doman Building Materials Group Ltd. Surges 25 percent Yet Its Low PE Is No Reason For Excitement - Simply Wall St | 10/04/2024 |
4 | Doman Building Materials Group Sets New 52-Week High - Should You Buy - MarketBeat | 11/11/2024 |
About Doman Building 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 Doman or other stocks. Alpha measures the amount that position in Doman Building Materials 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0657 | 0.0973 | 0.0675 | 0.0641 | Price To Sales Ratio | 0.26 | 0.16 | 0.29 | 0.15 |
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 Doman Building 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, Doman Building's short interest history, or implied volatility extrapolated from Doman Building options trading.
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Other Information on Investing in Doman Stock
Doman Building financial ratios help investors to determine whether Doman 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 Doman with respect to the benefits of owning Doman Building security.