ICICI Prudential (India) Alpha and Beta Analysis
| ICICIM150 | 21.66 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ICICI Prudential Amc. It also helps investors analyze the systematic and unsystematic risks associated with investing in ICICI Prudential over a specified time horizon. Remember, high ICICI Prudential'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 ICICI Prudential's market risk premium analysis include:
Beta (2.04) | Alpha (1.07) | Risk 11.1 | Sharpe Ratio (0.13) | Expected Return (1.41) |
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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ICICI Prudential Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ICICI Prudential market risk premium is the additional return an investor will receive from holding ICICI Prudential 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 ICICI Prudential. 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 ICICI Prudential's performance over market.| α | -1.07 | β | -2.04 |
ICICI Prudential Return and Market Media
The median price of ICICI Prudential for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 172.32 with a coefficient of variation of 51.52. The daily time series for the period is distributed with a sample standard deviation of 67.61, arithmetic mean of 131.23, and mean deviation of 59.77. The Etf did not receive any noticable media coverage during the period. Price Growth (%) |
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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 ICICI Prudential 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, ICICI Prudential's short interest history, or implied volatility extrapolated from ICICI Prudential options trading.