Sportking India (India) Alpha and Beta Analysis
| SPORTKING | 95.06 1.79 1.92% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sportking India Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sportking India over a specified time horizon. Remember, high Sportking India'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 Sportking India's market risk premium analysis include:
Beta 0.33 | Alpha (0.58) | Risk 3.37 | Sharpe Ratio (0.18) | Expected Return (0.61) |
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.
Sportking |
Sportking India Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sportking India market risk premium is the additional return an investor will receive from holding Sportking India 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 Sportking India. 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 Sportking India's performance over market.| α | -0.58 | β | 0.33 |
Sportking India 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 Sportking India's Buy-and-hold return. Our buy-and-hold chart shows how Sportking India performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Sportking India Market Price Analysis
Market price analysis indicators help investors to evaluate how Sportking India stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sportking India shares will generate the highest return on investment. By understating and applying Sportking India stock market price indicators, traders can identify Sportking India position entry and exit signals to maximize returns.
Sportking India Return and Market Media
The median price of Sportking India for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 113.8 with a coefficient of variation of 16.6. The daily time series for the period is distributed with a sample standard deviation of 19.66, arithmetic mean of 118.44, and mean deviation of 16.15. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | KIMS, Sportking India shares to turn ex-date for stock split BEML, GRSE, IGL dividend today - Business Today | 09/12/2024 |
About Sportking India 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 Sportking or other stocks. Alpha measures the amount that position in Sportking India 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 Sportking India 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, Sportking India's short interest history, or implied volatility extrapolated from Sportking India options trading.
Build Portfolio with Sportking India
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Other Information on Investing in Sportking Stock
Sportking India financial ratios help investors to determine whether Sportking 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 Sportking with respect to the benefits of owning Sportking India security.