Energem Corp Alpha and Beta Analysis
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Energem Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Energem Corp over a specified time horizon. Remember, high Energem Corp'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 Energem Corp's market risk premium analysis include:
Beta (3.96) | Alpha 1.45 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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.
Energem |
Energem Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Energem Corp market risk premium is the additional return an investor will receive from holding Energem Corp 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 Energem Corp. 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 Energem Corp's performance over market.| α | 1.45 | β | -3.96 |
Energem Corp Fundamentals Vs Peers
Comparing Energem Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Energem Corp's direct or indirect competition across all of the common fundamentals between Energem Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Energem Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Energem Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Energem Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Energem Corp to competition |
| Fundamentals | Energem Corp | Peer Average |
| Return On Asset | -0.0118 | -0.14 |
| Current Valuation | 65.54 M | 16.62 B |
| Shares Outstanding | 2.42 M | 571.82 M |
| Shares Owned By Insiders | 43.39 % | 10.09 % |
| Shares Owned By Institutions | 56.90 % | 39.21 % |
| Number Of Shares Shorted | 8.94 K | 4.71 M |
| Price To Book | 8.49 X | 9.51 X |
Energem Corp Opportunities
Energem Corp Return and Market Media
The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Energem Corp. Advances Merger with Graphjet Technology - TipRanks.com - TipRanks | 02/07/2024 |
2 | Graphjet Technology Accelerates Production Timeline at State-of-the-Art Manufacturing Plant in Malaysia | 03/04/2024 |
3 | Reviewing Energem Ballard Power Systems | 03/11/2024 |
About Energem Corp 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 Energem or other delisted stocks. Alpha measures the amount that position in Energem Corp 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.
Energem Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of Energem Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Energem Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Energem Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Energem Corp. Please utilize our Beneish M Score to check the likelihood of Energem Corp's management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Energem Corp
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
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in Energem Stock
If you are still planning to invest in Energem Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Energem Corp's history and understand the potential risks before investing.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |