Korea Refractories (Korea) Alpha and Beta Analysis
| 010040 Stock | 2,135 35.00 1.67% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Korea Refractories Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in Korea Refractories over a specified time horizon. Remember, high Korea Refractories' 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 Korea Refractories' market risk premium analysis include:
Beta (0.09) | Alpha (0.14) | Risk 1.54 | Sharpe Ratio (0.05) | Expected Return (0.07) |
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.
Korea |
Korea Refractories Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Korea Refractories market risk premium is the additional return an investor will receive from holding Korea Refractories 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 Korea Refractories. 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 Korea Refractories' performance over market.| α | -0.14 | β | -0.09 |
Korea Refractories 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 Korea Refractories' Buy-and-hold return. Our buy-and-hold chart shows how Korea Refractories performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Korea Refractories Market Price Analysis
Market price analysis indicators help investors to evaluate how Korea Refractories stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Korea Refractories shares will generate the highest return on investment. By understating and applying Korea Refractories stock market price indicators, traders can identify Korea Refractories position entry and exit signals to maximize returns.
Korea Refractories Return and Market Media
The median price of Korea Refractories for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 2250.0 with a coefficient of variation of 3.61. The daily time series for the period is distributed with a sample standard deviation of 81.05, arithmetic mean of 2244.77, and mean deviation of 66.29. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Korea Refractories 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 Korea or other stocks. Alpha measures the amount that position in Korea Refractories 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 Korea Refractories 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, Korea Refractories' short interest history, or implied volatility extrapolated from Korea Refractories options trading.
Build Portfolio with Korea Refractories
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Other Information on Investing in Korea Stock
Korea Refractories financial ratios help investors to determine whether Korea 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 Korea with respect to the benefits of owning Korea Refractories security.