HCL Technologies (India) Alpha and Beta Analysis
| HCLTECH Stock | 1,892 6.70 0.35% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as HCL Technologies Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in HCL Technologies over a specified time horizon. Remember, high HCL Technologies' 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 HCL Technologies' market risk premium analysis include:
Beta 0.0959 | Alpha 0.18 | Risk 1.34 | Sharpe Ratio 0.13 | Expected Return 0.18 |
HCL Technologies Quarterly Cash And Equivalents |
|
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.
HCL |
HCL Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. HCL Technologies market risk premium is the additional return an investor will receive from holding HCL Technologies 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 HCL Technologies. 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 HCL Technologies' performance over market.| α | 0.18 | β | 0.1 |
HCL Technologies 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 HCL Technologies' Buy-and-hold return. Our buy-and-hold chart shows how HCL Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.HCL Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how HCL Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HCL Technologies shares will generate the highest return on investment. By understating and applying HCL Technologies stock market price indicators, traders can identify HCL Technologies position entry and exit signals to maximize returns.
HCL Technologies Return and Market Media
The median price of HCL Technologies for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 1795.83 with a coefficient of variation of 3.23. The daily time series for the period is distributed with a sample standard deviation of 57.93, arithmetic mean of 1792.98, and mean deviation of 47.33. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | HCL Tech shares are too hot to hold, says this analyst - CNBCTV18 | 09/18/2024 |
2 | HCL Tech, Infosys, Tech Mahindra shares approach 52-week high as Accenture raises annual guidance - Business Today | 09/26/2024 |
3 | Dividend stock 2024 HCL Tech share in focus as stock trades ex-dividend today Stock Market News - Mint | 10/22/2024 |
4 | HCL Tech Share Price Live Updates HCL Tech wraps up the day with solid performance - The Economic Times | 11/22/2024 |
About HCL Technologies 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 HCL or other stocks. Alpha measures the amount that position in HCL Technologies 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 HCL Technologies 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, HCL Technologies' short interest history, or implied volatility extrapolated from HCL Technologies options trading.
Build Portfolio with HCL Technologies
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
Align your risk with return expectations
Other Information on Investing in HCL Stock
HCL Technologies financial ratios help investors to determine whether HCL 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 HCL with respect to the benefits of owning HCL Technologies security.