Chemtrade Logistics Income Stock Alpha and Beta Analysis
| CHE-UN Stock | CAD 11.50 0.06 0.52% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Chemtrade Logistics Income. It also helps investors analyze the systematic and unsystematic risks associated with investing in Chemtrade Logistics over a specified time horizon. Remember, high Chemtrade Logistics' 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 Chemtrade Logistics' market risk premium analysis include:
Beta (0.15) | Alpha 0.24 | Risk 1.09 | Sharpe Ratio 0.23 | Expected Return 0.25 |
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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.
Chemtrade |
Chemtrade Logistics Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Chemtrade Logistics market risk premium is the additional return an investor will receive from holding Chemtrade Logistics 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 Chemtrade Logistics. 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 Chemtrade Logistics' performance over market.| α | 0.24 | β | -0.15 |
Chemtrade Logistics 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 Chemtrade Logistics' Buy-and-hold return. Our buy-and-hold chart shows how Chemtrade Logistics performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Chemtrade Logistics Market Price Analysis
Market price analysis indicators help investors to evaluate how Chemtrade Logistics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chemtrade Logistics shares will generate the highest return on investment. By understating and applying Chemtrade Logistics stock market price indicators, traders can identify Chemtrade Logistics position entry and exit signals to maximize returns.
Chemtrade Logistics Return and Market Media
The median price of Chemtrade Logistics for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 10.98 with a coefficient of variation of 5.29. The daily time series for the period is distributed with a sample standard deviation of 0.57, arithmetic mean of 10.68, and mean deviation of 0.5. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Chemtrade Logistics Income Fund Hits New 52-Week High at 10.12 - MarketBeat | 09/12/2024 |
2 | Chemtrade Logistics Income Fund Sets New 12-Month High at 11.12 - MarketBeat | 10/01/2024 |
3 | Chemtrade Logistics Income Fund Hits New 12-Month High - Still a Buy - MarketBeat | 11/15/2024 |
4 | Buy 2,990 Shares of This Stock for 165.25Month in Passive Income - MSN | 11/20/2024 |
About Chemtrade Logistics 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 Chemtrade or other stocks. Alpha measures the amount that position in Chemtrade Logistics 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.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.069 | 0.0563 | 0.1 | Price To Sales Ratio | 0.55 | 0.54 | 0.89 |
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 Chemtrade Logistics 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, Chemtrade Logistics' short interest history, or implied volatility extrapolated from Chemtrade Logistics options trading.
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Other Information on Investing in Chemtrade Stock
Chemtrade Logistics financial ratios help investors to determine whether Chemtrade 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 Chemtrade with respect to the benefits of owning Chemtrade Logistics security.