Global Engine Group Stock Alpha and Beta Analysis
| GLE Stock | 3.94 0.43 9.84% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Global Engine Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Global Engine over a specified time horizon. Remember, high Global Engine'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 Global Engine's market risk premium analysis include:
Beta 0.39 | Alpha 0.0975 | Risk 7.4 | Sharpe Ratio 0.0204 | Expected Return 0.15 |
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.
Global |
Global Engine Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Global Engine market risk premium is the additional return an investor will receive from holding Global Engine 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 Global Engine. 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 Global Engine's performance over market.| α | 0.1 | β | 0.39 |
Global Engine 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 Global Engine's Buy-and-hold return. Our buy-and-hold chart shows how Global Engine performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Global Engine Market Price Analysis
Market price analysis indicators help investors to evaluate how Global Engine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Global Engine shares will generate the highest return on investment. By understating and applying Global Engine stock market price indicators, traders can identify Global Engine position entry and exit signals to maximize returns.
Global Engine Return and Market Media
The median price of Global Engine for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 4.37 with a coefficient of variation of 7.62. The daily time series for the period is distributed with a sample standard deviation of 0.33, arithmetic mean of 4.29, and mean deviation of 0.27. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Global Engine prices 8M IPO at 4share | 09/20/2024 |
2 | Global Engine Group Holding Limited Rings the Nasdaq Stock Market Opening Bell - Nasdaq | 09/27/2024 |
3 | Global Engine Group Holding Limited AnnouncesClosingof the Underwriters Over-Allotment Option in Connection with itsInitial Public Offering | 10/18/2024 |
4 | Global Engine Group Holding Limited Announces Financial Results for Fiscal Year 2024 | 11/01/2024 |
5 | These Return Metrics Dont Make GLG Look Too Strong | 11/18/2024 |
About Global Engine 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 Global or other stocks. Alpha measures the amount that position in Global Engine Group 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 Global Engine 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, Global Engine's short interest history, or implied volatility extrapolated from Global Engine options trading.
Build Portfolio with Global Engine
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 Global Engine Backtesting, Global Engine Valuation, Global Engine Correlation, Global Engine Hype Analysis, Global Engine Volatility, Global Engine History and analyze Global Engine Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Global Engine technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.