Jindal Steel (India) Alpha and Beta Analysis
| JINDALSTEL | 889.55 3.25 0.36% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Jindal Steel Power. It also helps investors analyze the systematic and unsystematic risks associated with investing in Jindal Steel over a specified time horizon. Remember, high Jindal Steel'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 Jindal Steel's market risk premium analysis include:
Beta 0.34 | Alpha (0.14) | Risk 1.76 | Sharpe Ratio (0.07) | Expected Return (0.12) |
Jindal Steel Quarterly Cash And Equivalents |
|
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.
Jindal |
Jindal Steel Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Jindal Steel market risk premium is the additional return an investor will receive from holding Jindal Steel 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 Jindal Steel. 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 Jindal Steel's performance over market.| α | -0.14 | β | 0.34 |
Jindal Steel 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 Jindal Steel's Buy-and-hold return. Our buy-and-hold chart shows how Jindal Steel performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Jindal Steel Market Price Analysis
Market price analysis indicators help investors to evaluate how Jindal Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jindal Steel shares will generate the highest return on investment. By understating and applying Jindal Steel stock market price indicators, traders can identify Jindal Steel position entry and exit signals to maximize returns.
Jindal Steel Return and Market Media
The median price of Jindal Steel for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 957.8 with a coefficient of variation of 5.56. The daily time series for the period is distributed with a sample standard deviation of 53.33, arithmetic mean of 958.36, and mean deviation of 43.83. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Metal Stocks To Buy Brokerage bullish on these scrips - Check targets - Zee Business | 09/19/2024 |
2 | Indian steel stocks get a Chinese stimulus - The Economic Times | 10/03/2024 |
3 | JINDALSTEL Outlook for the Week - EquityPandit | 11/14/2024 |
About Jindal Steel 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 Jindal or other stocks. Alpha measures the amount that position in Jindal Steel Power 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 Jindal Steel 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, Jindal Steel's short interest history, or implied volatility extrapolated from Jindal Steel options trading.
Build Portfolio with Jindal Steel
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 Jindal Stock Analysis
When running Jindal Steel's price analysis, check to measure Jindal Steel'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 Jindal Steel is operating at the current time. Most of Jindal Steel's value examination focuses on studying past and present price action to predict the probability of Jindal Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jindal Steel's price. Additionally, you may evaluate how the addition of Jindal Steel to your portfolios can decrease your overall portfolio volatility.