Patel Engineering (India) Alpha and Beta Analysis
| PATELENG | 53.21 0.10 0.19% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Patel Engineering Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in Patel Engineering over a specified time horizon. Remember, high Patel Engineering'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 Patel Engineering's market risk premium analysis include:
Beta 0.35 | Alpha (0.07) | Risk 2.21 | Sharpe Ratio (0.07) | Expected Return (0.16) |
Patel Engineering 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.
Patel |
Patel Engineering Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Patel Engineering market risk premium is the additional return an investor will receive from holding Patel Engineering 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 Patel Engineering. 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 Patel Engineering's performance over market.| α | -0.07 | β | 0.35 |
Patel Engineering 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 Patel Engineering's Buy-and-hold return. Our buy-and-hold chart shows how Patel Engineering performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Patel Engineering Market Price Analysis
Market price analysis indicators help investors to evaluate how Patel Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Patel Engineering shares will generate the highest return on investment. By understating and applying Patel Engineering stock market price indicators, traders can identify Patel Engineering position entry and exit signals to maximize returns.
Patel Engineering Return and Market Media
The median price of Patel Engineering for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 54.6 with a coefficient of variation of 6.42. The daily time series for the period is distributed with a sample standard deviation of 3.5, arithmetic mean of 54.58, and mean deviation of 2.99. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Patel Engineering offloads remaining 9.99 percent equity stake in Welspun Michigan Engineers - The Economic Times | 10/30/2024 |
2 | Additional Considerations Required While Assessing Patel Engineerings Strong Earnings - Simply Wall St | 11/20/2024 |
About Patel Engineering 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 Patel or other stocks. Alpha measures the amount that position in Patel Engineering 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 Patel Engineering 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, Patel Engineering's short interest history, or implied volatility extrapolated from Patel Engineering options trading.
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Other Information on Investing in Patel Stock
Patel Engineering financial ratios help investors to determine whether Patel 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 Patel with respect to the benefits of owning Patel Engineering security.