Azincourt Uranium Stock Alpha and Beta Analysis
| AAZ Stock | CAD 0.01 0.01 50.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Azincourt Uranium. It also helps investors analyze the systematic and unsystematic risks associated with investing in Azincourt Uranium over a specified time horizon. Remember, high Azincourt Uranium'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 Azincourt Uranium's market risk premium analysis include:
Beta (1.51) | Alpha 2.12 | Risk 20.76 | Sharpe Ratio 0.0961 | Expected Return 2 |
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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.
Azincourt |
Azincourt Uranium Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Azincourt Uranium market risk premium is the additional return an investor will receive from holding Azincourt Uranium 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 Azincourt Uranium. 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 Azincourt Uranium's performance over market.| α | 2.12 | β | -1.51 |
Azincourt Uranium 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 Azincourt Uranium's Buy-and-hold return. Our buy-and-hold chart shows how Azincourt Uranium performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Azincourt Uranium Market Price Analysis
Market price analysis indicators help investors to evaluate how Azincourt Uranium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Azincourt Uranium shares will generate the highest return on investment. By understating and applying Azincourt Uranium stock market price indicators, traders can identify Azincourt Uranium position entry and exit signals to maximize returns.
Azincourt Uranium Return and Market Media
The median price of Azincourt Uranium for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 0.015 with a coefficient of variation of 15.33. The daily time series for the period is distributed with a sample standard deviation of 0.0, arithmetic mean of 0.01, and mean deviation of 0.0. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Azincourt Energy Begins Data Compilation at the Snegamook Uranium Project - GlobeNewswire | 11/13/2024 |
About Azincourt Uranium 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 Azincourt or other stocks. Alpha measures the amount that position in Azincourt Uranium 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) | Current Ratio | 61.29 | 11.53 | 10.38 | 10.98 | Net Debt To EBITDA | 1.03 | 0.41 | 0.37 | 0.65 |
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 Azincourt Uranium 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, Azincourt Uranium's short interest history, or implied volatility extrapolated from Azincourt Uranium options trading.
Build Portfolio with Azincourt Uranium
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
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Additional Tools for Azincourt Stock Analysis
When running Azincourt Uranium's price analysis, check to measure Azincourt Uranium'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 Azincourt Uranium is operating at the current time. Most of Azincourt Uranium's value examination focuses on studying past and present price action to predict the probability of Azincourt Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azincourt Uranium's price. Additionally, you may evaluate how the addition of Azincourt Uranium to your portfolios can decrease your overall portfolio volatility.