Techtronic Industries Ltd Stock Alpha and Beta Analysis
| TTNDY Stock | USD 70.50 0.76 1.07% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Techtronic Industries Ltd. It also helps investors analyze the systematic and unsystematic risks associated with investing in Techtronic Industries over a specified time horizon. Remember, high Techtronic Industries' 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 Techtronic Industries' market risk premium analysis include:
Beta 0.21 | Alpha 0.0776 | Risk 2.08 | Sharpe Ratio 0.0535 | Expected Return 0.11 |
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.
Techtronic |
Techtronic Industries Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Techtronic Industries market risk premium is the additional return an investor will receive from holding Techtronic Industries 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 Techtronic Industries. 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 Techtronic Industries' performance over market.| α | 0.08 | β | 0.21 |
Techtronic Industries 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 Techtronic Industries' Buy-and-hold return. Our buy-and-hold chart shows how Techtronic Industries performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Techtronic Industries Market Price Analysis
Market price analysis indicators help investors to evaluate how Techtronic Industries pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Techtronic Industries shares will generate the highest return on investment. By understating and applying Techtronic Industries pink sheet market price indicators, traders can identify Techtronic Industries position entry and exit signals to maximize returns.
Techtronic Industries Return and Market Media
The median price of Techtronic Industries for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 72.0 with a coefficient of variation of 5.17. The daily time series for the period is distributed with a sample standard deviation of 3.68, arithmetic mean of 71.15, and mean deviation of 3.21. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Techtronic Industries 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 Techtronic or other pink sheets. Alpha measures the amount that position in Techtronic Industries 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 Techtronic Industries 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, Techtronic Industries' short interest history, or implied volatility extrapolated from Techtronic Industries options trading.
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Additional Tools for Techtronic Pink Sheet Analysis
When running Techtronic Industries' price analysis, check to measure Techtronic Industries' 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 Techtronic Industries is operating at the current time. Most of Techtronic Industries' value examination focuses on studying past and present price action to predict the probability of Techtronic Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Techtronic Industries' price. Additionally, you may evaluate how the addition of Techtronic Industries to your portfolios can decrease your overall portfolio volatility.