Sitronix Technology (Taiwan) Alpha and Beta Analysis

8016 Stock  TWD 212.50  3.50  1.62%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sitronix Technology Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sitronix Technology over a specified time horizon. Remember, high Sitronix Technology'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 Sitronix Technology's market risk premium analysis include:
Beta
0.0071
Alpha
(0.11)
Risk
1.47
Sharpe Ratio
(0.06)
Expected Return
(0.09)
Please note that although Sitronix Technology 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, Sitronix Technology did 0.11  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 Sitronix Technology Corp stock's relative risk over its benchmark. Sitronix Technology Corp has a beta of 0.01  . As returns on the market increase, Sitronix Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sitronix Technology 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 Sitronix Technology Backtesting, Sitronix Technology Valuation, Sitronix Technology Correlation, Sitronix Technology Hype Analysis, Sitronix Technology Volatility, Sitronix Technology History and analyze Sitronix Technology Performance.

Sitronix Technology Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sitronix Technology market risk premium is the additional return an investor will receive from holding Sitronix Technology 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 Sitronix Technology. 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 Sitronix Technology's performance over market.
α-0.11   β0.01

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

Sitronix Technology Market Price Analysis

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

Sitronix Technology Return and Market Media

The median price of Sitronix Technology for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 is 227.5 with a coefficient of variation of 3.29. The daily time series for the period is distributed with a sample standard deviation of 7.4, arithmetic mean of 225.27, and mean deviation of 6.66. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

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

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Additional Tools for Sitronix Stock Analysis

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