Hengli Petrochemical (China) Alpha and Beta Analysis
| 600346 Stock | 15.55 0.51 3.39% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Hengli Petrochemical Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in Hengli Petrochemical over a specified time horizon. Remember, high Hengli Petrochemical'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 Hengli Petrochemical's market risk premium analysis include:
Beta (0.1) | Alpha 0.27 | Risk 2.59 | Sharpe Ratio 0.17 | Expected Return 0.45 |
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.
Hengli |
Hengli Petrochemical Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Hengli Petrochemical market risk premium is the additional return an investor will receive from holding Hengli Petrochemical 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 Hengli Petrochemical. 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 Hengli Petrochemical's performance over market.| α | 0.27 | β | -0.1 |
Hengli Petrochemical 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 Hengli Petrochemical's Buy-and-hold return. Our buy-and-hold chart shows how Hengli Petrochemical performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Hengli Petrochemical Market Price Analysis
Market price analysis indicators help investors to evaluate how Hengli Petrochemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hengli Petrochemical shares will generate the highest return on investment. By understating and applying Hengli Petrochemical stock market price indicators, traders can identify Hengli Petrochemical position entry and exit signals to maximize returns.
Hengli Petrochemical Return and Market Media
The median price of Hengli Petrochemical for the period between Sat, Sep 14, 2024 and Fri, Dec 13, 2024 is 14.41 with a coefficient of variation of 6.81. The daily time series for the period is distributed with a sample standard deviation of 0.97, arithmetic mean of 14.2, and mean deviation of 0.76. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Aramco signs deal with Chinas Rongsheng Petrochemical and Hengli Group - ZAWYA | 09/11/2024 |
2 | Aramco cancels local projects, moves towards expansion in Asia - | 10/15/2024 |
3 | Chinas Hengli uses extra import quota to buy Mideast oil from Total, traders say - Marketscreener.com | 12/09/2024 |
About Hengli Petrochemical 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 Hengli or other stocks. Alpha measures the amount that position in Hengli Petrochemical 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 Hengli Petrochemical 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, Hengli Petrochemical's short interest history, or implied volatility extrapolated from Hengli Petrochemical options trading.
Build Portfolio with Hengli Petrochemical
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Other Information on Investing in Hengli Stock
Hengli Petrochemical financial ratios help investors to determine whether Hengli 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 Hengli with respect to the benefits of owning Hengli Petrochemical security.