Deepak Nitrite (India) Alpha and Beta Analysis
| DEEPAKNTR | 2,727 21.25 0.79% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Deepak Nitrite Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in Deepak Nitrite over a specified time horizon. Remember, high Deepak Nitrite'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 Deepak Nitrite's market risk premium analysis include:
Beta 0.0479 | Alpha (0.07) | Risk 2.13 | Sharpe Ratio (0.04) | Expected Return (0.1) |
Deepak Nitrite 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.
Deepak |
Deepak Nitrite Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Deepak Nitrite market risk premium is the additional return an investor will receive from holding Deepak Nitrite 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 Deepak Nitrite. 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 Deepak Nitrite's performance over market.| α | -0.07 | β | 0.05 |
Deepak Nitrite 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 Deepak Nitrite's Buy-and-hold return. Our buy-and-hold chart shows how Deepak Nitrite performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Deepak Nitrite Market Price Analysis
Market price analysis indicators help investors to evaluate how Deepak Nitrite stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Deepak Nitrite shares will generate the highest return on investment. By understating and applying Deepak Nitrite stock market price indicators, traders can identify Deepak Nitrite position entry and exit signals to maximize returns.
Deepak Nitrite Return and Market Media
The median price of Deepak Nitrite for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 2828.5 with a coefficient of variation of 4.34. The daily time series for the period is distributed with a sample standard deviation of 121.49, arithmetic mean of 2798.65, and mean deviation of 104.98. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Stock Radar Why Deepak Nitrite is a top buy in chemical space - The Economic Times | 09/11/2024 |
2 | Hold Deepak Nitrite target of Rs 2596 CD Equisearch - Moneycontrol | 09/25/2024 |
3 | Deepak Nitrite Limiteds market cap touched 384b last week, benefiting both private companies who own 32 percent as well as institutions - Simply Wall St | 11/07/2024 |
About Deepak Nitrite 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 Deepak or other stocks. Alpha measures the amount that position in Deepak Nitrite 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 Deepak Nitrite 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, Deepak Nitrite's short interest history, or implied volatility extrapolated from Deepak Nitrite options trading.
Build Portfolio with Deepak Nitrite
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Other Information on Investing in Deepak Stock
Deepak Nitrite financial ratios help investors to determine whether Deepak 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 Deepak with respect to the benefits of owning Deepak Nitrite security.