Runjian Communication (China) Alpha and Beta Analysis
| 002929 Stock | 29.29 0.90 2.98% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Runjian Communication Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in Runjian Communication over a specified time horizon. Remember, high Runjian Communication'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 Runjian Communication's market risk premium analysis include:
Beta (0.12) | Alpha 0.23 | Risk 3.26 | Sharpe Ratio 0.0968 | Expected Return 0.32 |
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.
Runjian |
Runjian Communication Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Runjian Communication market risk premium is the additional return an investor will receive from holding Runjian Communication 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 Runjian Communication. 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 Runjian Communication's performance over market.| α | 0.23 | β | -0.12 |
Runjian Communication 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 Runjian Communication's Buy-and-hold return. Our buy-and-hold chart shows how Runjian Communication performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Runjian Communication Market Price Analysis
Market price analysis indicators help investors to evaluate how Runjian Communication stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Runjian Communication shares will generate the highest return on investment. By understating and applying Runjian Communication stock market price indicators, traders can identify Runjian Communication position entry and exit signals to maximize returns.
Runjian Communication Return and Market Media
The median price of Runjian Communication for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 is 28.98 with a coefficient of variation of 9.83. The daily time series for the period is distributed with a sample standard deviation of 2.76, arithmetic mean of 28.02, and mean deviation of 2.52. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Investors one-year losses continue as Runjian dips a further 5.8 percent this week, earnings continue to decline - Simply Wall St | 08/26/2024 |
2 | Retail investors among Runjian Co., Ltd.s largest stockholders and were hit after last weeks 8.3 percent price drop - Simply Wall St | 11/18/2024 |
About Runjian Communication 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 Runjian or other stocks. Alpha measures the amount that position in Runjian Communication 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 Runjian Communication 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, Runjian Communication's short interest history, or implied volatility extrapolated from Runjian Communication options trading.
Build Portfolio with Runjian Communication
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Other Information on Investing in Runjian Stock
Runjian Communication financial ratios help investors to determine whether Runjian 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 Runjian with respect to the benefits of owning Runjian Communication security.