Harvey Norman (Australia) Alpha and Beta Analysis
| HVN Stock | 4.79 0.07 1.48% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Harvey Norman Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Harvey Norman over a specified time horizon. Remember, high Harvey Norman'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 Harvey Norman's market risk premium analysis include:
Beta 0.14 | Alpha (0.04) | Risk 1.47 | Sharpe Ratio 0.0117 | Expected Return 0.0172 |
Harvey Norman Quarterly Cash And Equivalents |
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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.
Harvey |
Harvey Norman Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Harvey Norman market risk premium is the additional return an investor will receive from holding Harvey Norman 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 Harvey Norman. 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 Harvey Norman's performance over market.| α | -0.04 | β | 0.14 |
Harvey Norman 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 Harvey Norman's Buy-and-hold return. Our buy-and-hold chart shows how Harvey Norman performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Harvey Norman Market Price Analysis
Market price analysis indicators help investors to evaluate how Harvey Norman stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Harvey Norman shares will generate the highest return on investment. By understating and applying Harvey Norman stock market price indicators, traders can identify Harvey Norman position entry and exit signals to maximize returns.
Harvey Norman Return and Market Media
The median price of Harvey Norman for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 4.71 with a coefficient of variation of 2.64. The daily time series for the period is distributed with a sample standard deviation of 0.12, arithmetic mean of 4.67, and mean deviation of 0.11. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | ASX 200 retail stock faces class action lawsuit. Whats next - MSN | 09/18/2024 |
2 | Harvey Norman Faces Court Ruling on Misleading Ads - TipRanks | 11/04/2024 |
About Harvey Norman 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 Harvey or other stocks. Alpha measures the amount that position in Harvey Norman 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 Harvey Norman 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, Harvey Norman's short interest history, or implied volatility extrapolated from Harvey Norman options trading.
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Additional Tools for Harvey Stock Analysis
When running Harvey Norman's price analysis, check to measure Harvey Norman'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 Harvey Norman is operating at the current time. Most of Harvey Norman's value examination focuses on studying past and present price action to predict the probability of Harvey Norman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harvey Norman's price. Additionally, you may evaluate how the addition of Harvey Norman to your portfolios can decrease your overall portfolio volatility.