G Bits (China) Alpha and Beta Analysis

603444 Stock   204.90  2.73  1.31%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as G bits Network Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in G Bits over a specified time horizon. Remember, high G Bits' 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 G Bits' market risk premium analysis include:
Beta
0.3
Alpha
0.21
Risk
3.62
Sharpe Ratio
0.0982
Expected Return
0.36
Please note that although G Bits 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, G Bits did 0.21  better 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 G bits Network Technology stock's relative risk over its benchmark. G bits Network has a beta of 0.30  . As returns on the market increase, G Bits' returns are expected to increase less than the market. However, during the bear market, the loss of holding G Bits 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 G Bits Backtesting, G Bits Valuation, G Bits Correlation, G Bits Hype Analysis, G Bits Volatility, G Bits History and analyze G Bits Performance.

G Bits Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. G Bits market risk premium is the additional return an investor will receive from holding G Bits 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 G Bits. 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 G Bits' performance over market.
α0.21   β0.30

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

G Bits Market Price Analysis

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

G Bits Return and Market Media

The median price of G Bits for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 203.9 with a coefficient of variation of 9.25. The daily time series for the period is distributed with a sample standard deviation of 19.09, arithmetic mean of 206.39, and mean deviation of 15.14. The Stock received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
Gold rebounds as dollar, bond yields retreat after US data - Yahoo Finance
09/02/2024

About G Bits 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 603444 or other stocks. Alpha measures the amount that position in G bits Network 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 G Bits 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, G Bits' short interest history, or implied volatility extrapolated from G Bits options trading.

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Other Information on Investing in 603444 Stock

G Bits financial ratios help investors to determine whether 603444 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 603444 with respect to the benefits of owning G Bits security.