Astral Resources (Australia) Alpha and Beta Analysis
| AAR Stock | 0.13 0.01 7.14% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Astral Resources NL. It also helps investors analyze the systematic and unsystematic risks associated with investing in Astral Resources over a specified time horizon. Remember, high Astral Resources' 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 Astral Resources' market risk premium analysis include:
Beta (1.87) | Alpha 0.8 | Risk 5.37 | Sharpe Ratio 0.11 | Expected Return 0.58 |
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.
Astral |
Astral Resources Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Astral Resources market risk premium is the additional return an investor will receive from holding Astral Resources 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 Astral Resources. 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 Astral Resources' performance over market.| α | 0.80 | β | -1.87 |
Astral Resources 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 Astral Resources' Buy-and-hold return. Our buy-and-hold chart shows how Astral Resources performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Astral Resources Market Price Analysis
Market price analysis indicators help investors to evaluate how Astral Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Astral Resources shares will generate the highest return on investment. By understating and applying Astral Resources stock market price indicators, traders can identify Astral Resources position entry and exit signals to maximize returns.
Astral Resources Return and Market Media
The median price of Astral Resources for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 0.12 with a coefficient of variation of 12.91. The daily time series for the period is distributed with a sample standard deviation of 0.02, arithmetic mean of 0.12, and mean deviation of 0.01. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Astral Resources NL Delivers Promising High-Grade Gold Intercepts Across Kamperman and Mandilla Projects - Colitco | 11/14/2024 |
2 | Astral Resources NL Announces New Securities Issue - TipRanks | 11/21/2024 |
About Astral Resources 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 Astral or other stocks. Alpha measures the amount that position in Astral Resources 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 Astral Resources 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, Astral Resources' short interest history, or implied volatility extrapolated from Astral Resources options trading.
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Additional Tools for Astral Stock Analysis
When running Astral Resources' price analysis, check to measure Astral Resources' 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 Astral Resources is operating at the current time. Most of Astral Resources' value examination focuses on studying past and present price action to predict the probability of Astral Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astral Resources' price. Additionally, you may evaluate how the addition of Astral Resources to your portfolios can decrease your overall portfolio volatility.