Chung Hsin (Taiwan) Alpha and Beta Analysis

1513 Stock  TWD 161.50  2.50  1.57%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Chung Hsin Electric Machinery. It also helps investors analyze the systematic and unsystematic risks associated with investing in Chung Hsin over a specified time horizon. Remember, high Chung Hsin'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 Chung Hsin's market risk premium analysis include:
Beta
0.41
Alpha
(0.19)
Risk
1.95
Sharpe Ratio
(0.05)
Expected Return
(0.09)
Please note that although Chung Hsin alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Chung Hsin did 0.19  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Chung Hsin Electric Machinery stock's relative risk over its benchmark. Chung Hsin Electric has a beta of 0.41  . As returns on the market increase, Chung Hsin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chung Hsin is expected to be smaller as well. .
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.
  
Check out Chung Hsin Backtesting, Chung Hsin Valuation, Chung Hsin Correlation, Chung Hsin Hype Analysis, Chung Hsin Volatility, Chung Hsin History and analyze Chung Hsin Performance.

Chung Hsin Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Chung Hsin market risk premium is the additional return an investor will receive from holding Chung Hsin 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 Chung Hsin. 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 Chung Hsin's performance over market.
α-0.19   β0.41

Chung Hsin 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 Chung Hsin's Buy-and-hold return. Our buy-and-hold chart shows how Chung Hsin performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Chung Hsin Market Price Analysis

Market price analysis indicators help investors to evaluate how Chung Hsin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chung Hsin shares will generate the highest return on investment. By understating and applying Chung Hsin stock market price indicators, traders can identify Chung Hsin position entry and exit signals to maximize returns.

Chung Hsin Return and Market Media

The median price of Chung Hsin for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 164.5 with a coefficient of variation of 3.81. The daily time series for the period is distributed with a sample standard deviation of 6.32, arithmetic mean of 165.77, and mean deviation of 5.39. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Chung Hsin 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 Chung or other stocks. Alpha measures the amount that position in Chung Hsin Electric 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 Chung Hsin 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, Chung Hsin's short interest history, or implied volatility extrapolated from Chung Hsin options trading.

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Additional Tools for Chung Stock Analysis

When running Chung Hsin's price analysis, check to measure Chung Hsin's 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 Chung Hsin is operating at the current time. Most of Chung Hsin's value examination focuses on studying past and present price action to predict the probability of Chung Hsin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chung Hsin's price. Additionally, you may evaluate how the addition of Chung Hsin to your portfolios can decrease your overall portfolio volatility.