DG Innovate (UK) Alpha and Beta Analysis

DGI Stock   0.08  0  5.77%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as DG Innovate PLC. It also helps investors analyze the systematic and unsystematic risks associated with investing in DG Innovate over a specified time horizon. Remember, high DG Innovate'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 DG Innovate's market risk premium analysis include:
Beta
(1.23)
Alpha
0.22
Risk
5.29
Sharpe Ratio
0.0248
Expected Return
0.13
Please note that although DG Innovate alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, DG Innovate did 0.22  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of DG Innovate PLC stock's relative risk over its benchmark. DG Innovate PLC has a beta of 1.23  . As returns on the market increase, returns on owning DG Innovate are expected to decrease by larger amounts. On the other hand, during market turmoil, DG Innovate is expected to outperform it. .
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.
  
Check out DG Innovate Backtesting, DG Innovate Valuation, DG Innovate Correlation, DG Innovate Hype Analysis, DG Innovate Volatility, DG Innovate History and analyze DG Innovate Performance.

DG Innovate Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. DG Innovate market risk premium is the additional return an investor will receive from holding DG Innovate 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 DG Innovate. 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 DG Innovate's performance over market.
α0.22   β-1.23

DG Innovate 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 DG Innovate's Buy-and-hold return. Our buy-and-hold chart shows how DG Innovate performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

DG Innovate Market Price Analysis

Market price analysis indicators help investors to evaluate how DG Innovate stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DG Innovate shares will generate the highest return on investment. By understating and applying DG Innovate stock market price indicators, traders can identify DG Innovate position entry and exit signals to maximize returns.

DG Innovate Return and Market Media

The median price of DG Innovate for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 is 0.075 with a coefficient of variation of 15.31. The daily time series for the period is distributed with a sample standard deviation of 0.01, arithmetic mean of 0.08, and mean deviation of 0.01. The Stock received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
DG Innovate Successfully Raises 0.62 Million - TipRanks
09/17/2024

About DG Innovate 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 DGI or other stocks. Alpha measures the amount that position in DG Innovate PLC 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 DG Innovate 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, DG Innovate's short interest history, or implied volatility extrapolated from DG Innovate options trading.

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Other Information on Investing in DGI Stock

DG Innovate financial ratios help investors to determine whether DGI 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 DGI with respect to the benefits of owning DG Innovate security.