Biohit Oyj (Finland) Alpha and Beta Analysis
| BIOBV Stock | EUR 2.23 0.10 4.29% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Biohit Oyj B. It also helps investors analyze the systematic and unsystematic risks associated with investing in Biohit Oyj over a specified time horizon. Remember, high Biohit Oyj'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 Biohit Oyj's market risk premium analysis include:
Beta 0.58 | Alpha 0.007839 | Risk 2.13 | Sharpe Ratio 0.0302 | Expected Return 0.0642 |
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.
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Biohit Oyj Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Biohit Oyj market risk premium is the additional return an investor will receive from holding Biohit Oyj 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 Biohit Oyj. 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 Biohit Oyj's performance over market.| α | 0.01 | β | 0.58 |
Biohit Oyj 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 Biohit Oyj's Buy-and-hold return. Our buy-and-hold chart shows how Biohit Oyj performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Biohit Oyj Market Price Analysis
Market price analysis indicators help investors to evaluate how Biohit Oyj stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biohit Oyj shares will generate the highest return on investment. By understating and applying Biohit Oyj stock market price indicators, traders can identify Biohit Oyj position entry and exit signals to maximize returns.
Biohit Oyj Return and Market Media
The median price of Biohit Oyj for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 2.3 with a coefficient of variation of 5.35. The daily time series for the period is distributed with a sample standard deviation of 0.12, arithmetic mean of 2.29, and mean deviation of 0.11. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Biohit Oyj 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 Biohit or other stocks. Alpha measures the amount that position in Biohit Oyj B 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 Biohit Oyj 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, Biohit Oyj's short interest history, or implied volatility extrapolated from Biohit Oyj options trading.
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Other Information on Investing in Biohit Stock
Biohit Oyj financial ratios help investors to determine whether Biohit 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 Biohit with respect to the benefits of owning Biohit Oyj security.