ADDUS HOMECARE (Germany) Alpha and Beta Analysis
| A41 Stock | EUR 122.00 1.00 0.83% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ADDUS HOMECARE. It also helps investors analyze the systematic and unsystematic risks associated with investing in ADDUS HOMECARE over a specified time horizon. Remember, high ADDUS HOMECARE'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 ADDUS HOMECARE's market risk premium analysis include:
Beta 0.37 | Alpha 0.0417 | Risk 1.81 | Sharpe Ratio 0.0321 | Expected Return 0.0581 |
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.
ADDUS |
ADDUS HOMECARE Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ADDUS HOMECARE market risk premium is the additional return an investor will receive from holding ADDUS HOMECARE 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 ADDUS HOMECARE. 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 ADDUS HOMECARE's performance over market.| α | 0.04 | β | 0.37 |
ADDUS HOMECARE 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 ADDUS HOMECARE's Buy-and-hold return. Our buy-and-hold chart shows how ADDUS HOMECARE performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ADDUS HOMECARE Market Price Analysis
Market price analysis indicators help investors to evaluate how ADDUS HOMECARE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ADDUS HOMECARE shares will generate the highest return on investment. By understating and applying ADDUS HOMECARE stock market price indicators, traders can identify ADDUS HOMECARE position entry and exit signals to maximize returns.
ADDUS HOMECARE Return and Market Media
The median price of ADDUS HOMECARE for the period between Fri, Oct 11, 2024 and Thu, Jan 9, 2025 is 119.0 with a coefficient of variation of 2.9. The daily time series for the period is distributed with a sample standard deviation of 3.44, arithmetic mean of 118.64, and mean deviation of 2.86. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About ADDUS HOMECARE 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 ADDUS or other stocks. Alpha measures the amount that position in ADDUS HOMECARE 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 ADDUS HOMECARE 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, ADDUS HOMECARE's short interest history, or implied volatility extrapolated from ADDUS HOMECARE options trading.
Build Portfolio with ADDUS HOMECARE
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Additional Information and Resources on Investing in ADDUS Stock
When determining whether ADDUS HOMECARE is a strong investment it is important to analyze ADDUS HOMECARE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ADDUS HOMECARE's future performance. For an informed investment choice regarding ADDUS Stock, refer to the following important reports:Check out ADDUS HOMECARE Backtesting, ADDUS HOMECARE Valuation, ADDUS HOMECARE Correlation, ADDUS HOMECARE Hype Analysis, ADDUS HOMECARE Volatility, ADDUS HOMECARE History and analyze ADDUS HOMECARE Performance. For information on how to trade ADDUS Stock refer to our How to Trade ADDUS Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
ADDUS HOMECARE technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.