Euronav Nv Stock Alpha and Beta Analysis
| CMBT Stock | 11.02 0.03 0.27% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Euronav NV. It also helps investors analyze the systematic and unsystematic risks associated with investing in Euronav NV over a specified time horizon. Remember, high Euronav NV'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 Euronav NV's market risk premium analysis include:
Beta 0.49 | Alpha (0.66) | Risk 1.85 | Sharpe Ratio (0.29) | Expected Return (0.54) |
Enterprise Value |
|
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.
Euronav |
Euronav NV Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Euronav NV market risk premium is the additional return an investor will receive from holding Euronav NV 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 Euronav NV. 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 Euronav NV's performance over market.| α | -0.66 | β | 0.49 |
Euronav NV 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 Euronav NV's Buy-and-hold return. Our buy-and-hold chart shows how Euronav NV performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Euronav NV Market Price Analysis
Market price analysis indicators help investors to evaluate how Euronav NV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Euronav NV shares will generate the highest return on investment. By understating and applying Euronav NV stock market price indicators, traders can identify Euronav NV position entry and exit signals to maximize returns.
Euronav NV Return and Market Media
The median price of Euronav NV for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 15.64 with a coefficient of variation of 11.68. The daily time series for the period is distributed with a sample standard deviation of 1.75, arithmetic mean of 14.98, and mean deviation of 1.48. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Euronav to Rebrand as CMB.TECH in October - Marketscreener.com | 09/17/2024 |
2 | CMB.Tech NV Shares Gap Down to 16.48 on Oct 9 | 10/09/2024 |
3 | Contrasting Euronav and The Competition | 10/25/2024 |
4 | Euronav Reaches New 12-Month Low - Heres What Happened - MarketBeat | 11/05/2024 |
5 | Cmb.Tech Q3 2024 Earnings Preview | 11/06/2024 |
6 | Earnings call CMB.TECH reports solid Q3 profits, outlines growth strategy | 11/08/2024 |
7 | Crude Oil Carriers Industry Research Report 2024-2030 Growing Demand for ULCCs, Increasing Scrapping of Old Vessels, Expanding Oil Refining Capacities in Emergi... | 11/22/2024 |
About Euronav NV 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 Euronav or other stocks. Alpha measures the amount that position in Euronav NV 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 | 2023 | 2024 (projected) | Dividend Yield | 0.0135 | 0.007046 | 0.18 | 0.19 | Price To Sales Ratio | 4.27 | 4.02 | 2.82 | 1.7 |
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 Euronav NV 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, Euronav NV's short interest history, or implied volatility extrapolated from Euronav NV options trading.
Build Portfolio with Euronav NV
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 Tools for Euronav Stock Analysis
When running Euronav NV's price analysis, check to measure Euronav NV's 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 Euronav NV is operating at the current time. Most of Euronav NV's value examination focuses on studying past and present price action to predict the probability of Euronav NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronav NV's price. Additionally, you may evaluate how the addition of Euronav NV to your portfolios can decrease your overall portfolio volatility.