Olympia Financial Group Stock Alpha and Beta Analysis
| OLY Stock | CAD 100.10 0.65 0.65% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Olympia Financial Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Olympia Financial over a specified time horizon. Remember, high Olympia Financial'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 Olympia Financial's market risk premium analysis include:
Beta 0.19 | Alpha (0.09) | Risk 1.16 | Sharpe Ratio 0.0198 | Expected Return 0.0231 |
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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.
Olympia |
Olympia Financial Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Olympia Financial market risk premium is the additional return an investor will receive from holding Olympia Financial 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 Olympia Financial. 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 Olympia Financial's performance over market.| α | -0.09 | β | 0.19 |
Olympia Financial 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 Olympia Financial's Buy-and-hold return. Our buy-and-hold chart shows how Olympia Financial performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Olympia Financial Market Price Analysis
Market price analysis indicators help investors to evaluate how Olympia Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Olympia Financial shares will generate the highest return on investment. By understating and applying Olympia Financial stock market price indicators, traders can identify Olympia Financial position entry and exit signals to maximize returns.
Olympia Financial Return and Market Media
The median price of Olympia Financial for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 98.83 with a coefficient of variation of 2.65. The daily time series for the period is distributed with a sample standard deviation of 2.63, arithmetic mean of 99.38, and mean deviation of 2.11. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Olympia Financial Group Inc. Recognized in the 2024 TSX30 Annual Ranking - Newsfile | 09/10/2024 |
2 | 3 Top TSX Dividend Stocks Yielding Over 3.1 percent - Yahoo Finance | 09/24/2024 |
3 | Olympia Financial Group Has Announced A Dividend Of CA0.60 - Yahoo Finance UK | 11/12/2024 |
4 | This 7.3 percent Dividend Stock Pays Cash Every Month - MSN | 11/20/2024 |
About Olympia Financial 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 Olympia or other stocks. Alpha measures the amount that position in Olympia Financial 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 | 0.0593 | 0.0458 | 0.0604 | 0.0507 | Price To Sales Ratio | 2.32 | 2.33 | 2.31 | 2.2 |
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 Olympia Financial 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, Olympia Financial's short interest history, or implied volatility extrapolated from Olympia Financial options trading.
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Other Information on Investing in Olympia Stock
Olympia Financial financial ratios help investors to determine whether Olympia 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 Olympia with respect to the benefits of owning Olympia Financial security.