OD6 Metals (Australia) Alpha and Beta Analysis
| OD6 Stock | 0.03 0 8.57% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as OD6 Metals. It also helps investors analyze the systematic and unsystematic risks associated with investing in OD6 Metals over a specified time horizon. Remember, high OD6 Metals' 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 OD6 Metals' market risk premium analysis include:
Beta (1.77) | Alpha 0.36 | Risk 11.33 | Sharpe Ratio 0.0058 | Expected Return 0.0661 |
OD6 Metals 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.
OD6 |
OD6 Metals Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. OD6 Metals market risk premium is the additional return an investor will receive from holding OD6 Metals 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 OD6 Metals. 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 OD6 Metals' performance over market.| α | 0.36 | β | -1.77 |
OD6 Metals 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 OD6 Metals' Buy-and-hold return. Our buy-and-hold chart shows how OD6 Metals performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.OD6 Metals Market Price Analysis
Market price analysis indicators help investors to evaluate how OD6 Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OD6 Metals shares will generate the highest return on investment. By understating and applying OD6 Metals stock market price indicators, traders can identify OD6 Metals position entry and exit signals to maximize returns.
OD6 Metals Return and Market Media
The median price of OD6 Metals for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 0.041 with a coefficient of variation of 13.46. The daily time series for the period is distributed with a sample standard deviation of 0.01, arithmetic mean of 0.04, and mean deviation of 0.0. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | OD6 fast tracks move into other future facing metals - Mining.com.au | 10/23/2024 |
2 | OD6 Metals Unveils Promising Copper Findings at Gulf Creek - TipRanks | 11/05/2024 |
About OD6 Metals 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 OD6 or other stocks. Alpha measures the amount that position in OD6 Metals 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 OD6 Metals 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, OD6 Metals' short interest history, or implied volatility extrapolated from OD6 Metals options trading.
Build Portfolio with OD6 Metals
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Additional Tools for OD6 Stock Analysis
When running OD6 Metals' price analysis, check to measure OD6 Metals' 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 OD6 Metals is operating at the current time. Most of OD6 Metals' value examination focuses on studying past and present price action to predict the probability of OD6 Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OD6 Metals' price. Additionally, you may evaluate how the addition of OD6 Metals to your portfolios can decrease your overall portfolio volatility.