Entertainment Network (India) Alpha and Beta Analysis
| ENIL Stock | 180.02 0.16 0.09% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Entertainment Network Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in Entertainment Network over a specified time horizon. Remember, high Entertainment Network'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 Entertainment Network's market risk premium analysis include:
Beta (0.16) | Alpha (0.22) | Risk 2.95 | Sharpe Ratio (0.07) | Expected Return (0.22) |
Entertainment Network Quarterly Cash And Equivalents |
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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.
Entertainment |
Entertainment Network Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Entertainment Network market risk premium is the additional return an investor will receive from holding Entertainment Network 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 Entertainment Network. 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 Entertainment Network's performance over market.| α | -0.22 | β | -0.16 |
Entertainment Network 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 Entertainment Network's Buy-and-hold return. Our buy-and-hold chart shows how Entertainment Network performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Entertainment Network Market Price Analysis
Market price analysis indicators help investors to evaluate how Entertainment Network stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Entertainment Network shares will generate the highest return on investment. By understating and applying Entertainment Network stock market price indicators, traders can identify Entertainment Network position entry and exit signals to maximize returns.
Entertainment Network Return and Market Media
The median price of Entertainment Network for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 202.51 with a coefficient of variation of 6.6. The daily time series for the period is distributed with a sample standard deviation of 13.28, arithmetic mean of 201.1, and mean deviation of 11.09. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Zee Entertainment shares surge over 6 percent as MD Punit Goenka resigns - The Economic Times | 11/18/2024 |
About Entertainment Network 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 Entertainment or other stocks. Alpha measures the amount that position in Entertainment Network 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 Entertainment Network 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, Entertainment Network's short interest history, or implied volatility extrapolated from Entertainment Network options trading.
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Additional Tools for Entertainment Stock Analysis
When running Entertainment Network's price analysis, check to measure Entertainment Network'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 Entertainment Network is operating at the current time. Most of Entertainment Network's value examination focuses on studying past and present price action to predict the probability of Entertainment Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entertainment Network's price. Additionally, you may evaluate how the addition of Entertainment Network to your portfolios can decrease your overall portfolio volatility.