OnMobile Global (India) Alpha and Beta Analysis
| ONMOBILE | 77.79 0.40 0.52% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as OnMobile Global Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in OnMobile Global over a specified time horizon. Remember, high OnMobile Global'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 OnMobile Global's market risk premium analysis include:
Beta 0.64 | Alpha (0.20) | Risk 3.38 | Sharpe Ratio (0.02) | Expected Return (0.06) |
OnMobile Global 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.
OnMobile |
OnMobile Global Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. OnMobile Global market risk premium is the additional return an investor will receive from holding OnMobile Global 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 OnMobile Global. 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 OnMobile Global's performance over market.| α | -0.2 | β | 0.64 |
OnMobile Global 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 OnMobile Global's Buy-and-hold return. Our buy-and-hold chart shows how OnMobile Global performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.OnMobile Global Market Price Analysis
Market price analysis indicators help investors to evaluate how OnMobile Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OnMobile Global shares will generate the highest return on investment. By understating and applying OnMobile Global stock market price indicators, traders can identify OnMobile Global position entry and exit signals to maximize returns.
OnMobile Global Return and Market Media
The median price of OnMobile Global for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 82.08 with a coefficient of variation of 5.08. The daily time series for the period is distributed with a sample standard deviation of 4.15, arithmetic mean of 81.7, and mean deviation of 3.45. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | OnMobile Global Limiteds Revenues Are Not Doing Enough For Some Investors - Simply Wall St | 10/11/2024 |
About OnMobile Global 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 OnMobile or other stocks. Alpha measures the amount that position in OnMobile Global 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 OnMobile Global 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, OnMobile Global's short interest history, or implied volatility extrapolated from OnMobile Global options trading.
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Other Information on Investing in OnMobile Stock
OnMobile Global financial ratios help investors to determine whether OnMobile 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 OnMobile with respect to the benefits of owning OnMobile Global security.