Poly Medicure (India) Alpha and Beta Analysis
| POLYMED Stock | 2,692 72.10 2.61% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Poly Medicure Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in Poly Medicure over a specified time horizon. Remember, high Poly Medicure'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 Poly Medicure's market risk premium analysis include:
Beta (0.70) | Alpha 0.47 | Risk 3.57 | Sharpe Ratio 0.0813 | Expected Return 0.29 |
Poly Medicure 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.
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Poly Medicure Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Poly Medicure market risk premium is the additional return an investor will receive from holding Poly Medicure 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 Poly Medicure. 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 Poly Medicure's performance over market.| α | 0.47 | β | -0.7 |
Poly Medicure 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 Poly Medicure's Buy-and-hold return. Our buy-and-hold chart shows how Poly Medicure performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Poly Medicure Market Price Analysis
Market price analysis indicators help investors to evaluate how Poly Medicure stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Poly Medicure shares will generate the highest return on investment. By understating and applying Poly Medicure stock market price indicators, traders can identify Poly Medicure position entry and exit signals to maximize returns.
Poly Medicure Return and Market Media
The median price of Poly Medicure for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 2500.05 with a coefficient of variation of 7.72. The daily time series for the period is distributed with a sample standard deviation of 194.46, arithmetic mean of 2520.0, and mean deviation of 153.06. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Poly Medicure Ltds Stock Performance Soars, Receives Buy Call from MarketsMOJO - MarketsMojo | 11/13/2024 |
About Poly Medicure 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 Poly or other stocks. Alpha measures the amount that position in Poly Medicure Limited 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 Poly Medicure 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, Poly Medicure's short interest history, or implied volatility extrapolated from Poly Medicure options trading.
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Other Information on Investing in Poly Stock
Poly Medicure financial ratios help investors to determine whether Poly 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 Poly with respect to the benefits of owning Poly Medicure security.