Cartrade Tech (India) Alpha and Beta Analysis
| CARTRADE | 1,341 48.40 3.74% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Cartrade Tech Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in Cartrade Tech over a specified time horizon. Remember, high Cartrade Tech'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 Cartrade Tech's market risk premium analysis include:
Beta 0.17 | Alpha 0.53 | Risk 3.17 | Sharpe Ratio 0.25 | Expected Return 0.78 |
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.
Cartrade |
Cartrade Tech Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Cartrade Tech market risk premium is the additional return an investor will receive from holding Cartrade Tech 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 Cartrade Tech. 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 Cartrade Tech's performance over market.| α | 0.53 | β | 0.17 |
Cartrade Tech 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 Cartrade Tech's Buy-and-hold return. Our buy-and-hold chart shows how Cartrade Tech performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Cartrade Tech Market Price Analysis
Market price analysis indicators help investors to evaluate how Cartrade Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cartrade Tech shares will generate the highest return on investment. By understating and applying Cartrade Tech stock market price indicators, traders can identify Cartrade Tech position entry and exit signals to maximize returns.
Cartrade Tech Return and Market Media
The median price of Cartrade Tech for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 982.4 with a coefficient of variation of 12.58. The daily time series for the period is distributed with a sample standard deviation of 127.52, arithmetic mean of 1013.96, and mean deviation of 100.97. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Warburg Pincus exits Indias CarTrade Tech in 45 million share sale - Marketscreener.com | 09/24/2024 |
2 | CarTrade Tech Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com | 10/28/2024 |
3 | CarTrade Tech shares hit 52-week high after strong festive sales in October - CNBCTV18 | 11/05/2024 |
About Cartrade Tech 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 Cartrade or other stocks. Alpha measures the amount that position in Cartrade Tech Limited 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 Cartrade Tech 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, Cartrade Tech's short interest history, or implied volatility extrapolated from Cartrade Tech options trading.
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Other Information on Investing in Cartrade Stock
Cartrade Tech financial ratios help investors to determine whether Cartrade 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 Cartrade with respect to the benefits of owning Cartrade Tech security.