Agnico Eagle (Germany) Alpha and Beta Analysis
| AE9 Stock | EUR 78.60 0.62 0.78% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Agnico Eagle Mines. It also helps investors analyze the systematic and unsystematic risks associated with investing in Agnico Eagle over a specified time horizon. Remember, high Agnico Eagle'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 Agnico Eagle's market risk premium analysis include:
Beta 0.14 | Alpha 0.1 | Risk 1.92 | Sharpe Ratio 0.0568 | Expected Return 0.11 |
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.
Agnico |
Agnico Eagle Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Agnico Eagle market risk premium is the additional return an investor will receive from holding Agnico Eagle 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 Agnico Eagle. 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 Agnico Eagle's performance over market.| α | 0.10 | β | 0.14 |
Agnico Eagle 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 Agnico Eagle's Buy-and-hold return. Our buy-and-hold chart shows how Agnico Eagle performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Agnico Eagle Market Price Analysis
Market price analysis indicators help investors to evaluate how Agnico Eagle stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Agnico Eagle shares will generate the highest return on investment. By understating and applying Agnico Eagle stock market price indicators, traders can identify Agnico Eagle position entry and exit signals to maximize returns.
Agnico Eagle Return and Market Media
The median price of Agnico Eagle for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 is 74.04 with a coefficient of variation of 4.52. The daily time series for the period is distributed with a sample standard deviation of 3.39, arithmetic mean of 75.0, and mean deviation of 2.82. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Agnico Eagle 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 Agnico or other stocks. Alpha measures the amount that position in Agnico Eagle Mines 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 Agnico Eagle 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, Agnico Eagle's short interest history, or implied volatility extrapolated from Agnico Eagle options trading.
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Additional Information and Resources on Investing in Agnico Stock
When determining whether Agnico Eagle Mines is a strong investment it is important to analyze Agnico Eagle'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 Agnico Eagle's future performance. For an informed investment choice regarding Agnico Stock, refer to the following important reports:Check out Agnico Eagle Backtesting, Agnico Eagle Valuation, Agnico Eagle Correlation, Agnico Eagle Hype Analysis, Agnico Eagle Volatility, Agnico Eagle History and analyze Agnico Eagle Performance. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Agnico Eagle 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.