Homecast CoLtd (Korea) Alpha and Beta Analysis
| 064240 Stock | KRW 2,620 10.00 0.38% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Homecast CoLtd. It also helps investors analyze the systematic and unsystematic risks associated with investing in Homecast CoLtd over a specified time horizon. Remember, high Homecast CoLtd'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 Homecast CoLtd's market risk premium analysis include:
Beta (0.49) | Alpha (0.31) | Risk 2.58 | Sharpe Ratio (0.08) | Expected Return (0.20) |
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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Homecast CoLtd Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Homecast CoLtd market risk premium is the additional return an investor will receive from holding Homecast CoLtd 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 Homecast CoLtd. 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 Homecast CoLtd's performance over market.| α | -0.31 | β | -0.49 |
Homecast CoLtd 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 Homecast CoLtd's Buy-and-hold return. Our buy-and-hold chart shows how Homecast CoLtd performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Homecast CoLtd Market Price Analysis
Market price analysis indicators help investors to evaluate how Homecast CoLtd stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Homecast CoLtd shares will generate the highest return on investment. By understating and applying Homecast CoLtd stock market price indicators, traders can identify Homecast CoLtd position entry and exit signals to maximize returns.
Homecast CoLtd Return and Market Media
The median price of Homecast CoLtd for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 2740.0 with a coefficient of variation of 6.67. The daily time series for the period is distributed with a sample standard deviation of 186.6, arithmetic mean of 2797.35, and mean deviation of 143.38. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Homecast CoLtd 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 Homecast or other stocks. Alpha measures the amount that position in Homecast CoLtd 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 Homecast CoLtd 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, Homecast CoLtd's short interest history, or implied volatility extrapolated from Homecast CoLtd options trading.
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Other Information on Investing in Homecast Stock
Homecast CoLtd financial ratios help investors to determine whether Homecast 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 Homecast with respect to the benefits of owning Homecast CoLtd security.