Yifeng Pharmacy (China) Alpha and Beta Analysis
| 603939 Stock | 23.42 0.12 0.52% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Yifeng Pharmacy. It also helps investors analyze the systematic and unsystematic risks associated with investing in Yifeng Pharmacy over a specified time horizon. Remember, high Yifeng Pharmacy'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 Yifeng Pharmacy's market risk premium analysis include:
Beta (0.11) | Alpha 0.4 | Risk 4.04 | Sharpe Ratio 0.12 | Expected Return 0.49 |
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.
Yifeng |
Yifeng Pharmacy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Yifeng Pharmacy market risk premium is the additional return an investor will receive from holding Yifeng Pharmacy 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 Yifeng Pharmacy. 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 Yifeng Pharmacy's performance over market.| α | 0.40 | β | -0.11 |
Yifeng Pharmacy 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 Yifeng Pharmacy's Buy-and-hold return. Our buy-and-hold chart shows how Yifeng Pharmacy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Yifeng Pharmacy Market Price Analysis
Market price analysis indicators help investors to evaluate how Yifeng Pharmacy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yifeng Pharmacy shares will generate the highest return on investment. By understating and applying Yifeng Pharmacy stock market price indicators, traders can identify Yifeng Pharmacy position entry and exit signals to maximize returns.
Yifeng Pharmacy Return and Market Media
The median price of Yifeng Pharmacy for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 22.96 with a coefficient of variation of 13.11. The daily time series for the period is distributed with a sample standard deviation of 2.91, arithmetic mean of 22.17, and mean deviation of 2.59. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Yifeng Pharmacy Chain Second Quarter 2024 Earnings Misses Expectations - Simply Wall St | 09/02/2024 |
About Yifeng Pharmacy 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 Yifeng or other stocks. Alpha measures the amount that position in Yifeng Pharmacy 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 Yifeng Pharmacy 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, Yifeng Pharmacy's short interest history, or implied volatility extrapolated from Yifeng Pharmacy options trading.
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Other Information on Investing in Yifeng Stock
Yifeng Pharmacy financial ratios help investors to determine whether Yifeng 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 Yifeng with respect to the benefits of owning Yifeng Pharmacy security.