Canso Credit Trust Stock Alpha and Beta Analysis
| PBY-UN Stock | CAD 15.50 0.08 0.52% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Canso Credit Trust. It also helps investors analyze the systematic and unsystematic risks associated with investing in Canso Credit over a specified time horizon. Remember, high Canso Credit'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 Canso Credit's market risk premium analysis include:
Beta (0.10) | Alpha 0.0415 | Risk 0.45 | Sharpe Ratio 0.074 | Expected Return 0.0331 |
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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.
Canso |
Canso Credit Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Canso Credit market risk premium is the additional return an investor will receive from holding Canso Credit 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 Canso Credit. 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 Canso Credit's performance over market.| α | 0.04 | β | -0.1 |
Canso Credit 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 Canso Credit's Buy-and-hold return. Our buy-and-hold chart shows how Canso Credit performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Canso Credit Market Price Analysis
Market price analysis indicators help investors to evaluate how Canso Credit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canso Credit shares will generate the highest return on investment. By understating and applying Canso Credit stock market price indicators, traders can identify Canso Credit position entry and exit signals to maximize returns.
Canso Credit Return and Market Media
The median price of Canso Credit for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 15.33 with a coefficient of variation of 0.84. The daily time series for the period is distributed with a sample standard deviation of 0.13, arithmetic mean of 15.3, and mean deviation of 0.11. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
| Canso Credit dividend paid on 10th of September 2024 | 09/10/2024 |
1 | Canso Credit Trust - Canso Credit Income Fund Stock Price Crosses Below 50 Day Moving Average of 15.15 - MarketBeat | 09/13/2024 |
| Canso Credit dividend paid on 10th of October 2024 | 10/10/2024 |
2 | Canso Credit Trust - Canso Credit Income Fund Shares Pass Below 50-Day Moving Average - Heres What Happened - MarketBeat | 11/07/2024 |
| Canso Credit dividend paid on 11th of November 2024 | 11/11/2024 |
About Canso Credit 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 Canso or other stocks. Alpha measures the amount that position in Canso Credit Trust 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.
| 2010 | 2023 | 2024 (projected) | Payables Turnover | 15.75 | 733.23 | 769.9 | Days Of Inventory On Hand | 1.0K | 940.2 | 835.74 |
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 Canso Credit 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, Canso Credit's short interest history, or implied volatility extrapolated from Canso Credit options trading.
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Other Information on Investing in Canso Stock
Canso Credit financial ratios help investors to determine whether Canso 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 Canso with respect to the benefits of owning Canso Credit security.