Galaxy Payroll Group Stock Alpha and Beta Analysis
| GLXG Stock | 1.18 0.01 0.85% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Galaxy Payroll Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Galaxy Payroll over a specified time horizon. Remember, high Galaxy Payroll'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 Galaxy Payroll's market risk premium analysis include:
Beta 3.68 | Alpha (1.26) | Risk 133.47 | Sharpe Ratio 0.13 | Expected Return 16.78 |
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.
Galaxy |
Galaxy Payroll Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Galaxy Payroll market risk premium is the additional return an investor will receive from holding Galaxy Payroll 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 Galaxy Payroll. 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 Galaxy Payroll's performance over market.| α | -1.26 | β | 3.68 |
Galaxy Payroll 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 Galaxy Payroll's Buy-and-hold return. Our buy-and-hold chart shows how Galaxy Payroll performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Galaxy Payroll Market Price Analysis
Market price analysis indicators help investors to evaluate how Galaxy Payroll stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Galaxy Payroll shares will generate the highest return on investment. By understating and applying Galaxy Payroll stock market price indicators, traders can identify Galaxy Payroll position entry and exit signals to maximize returns.
Galaxy Payroll Return and Market Media
The median price of Galaxy Payroll for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 7.62 with a coefficient of variation of 52.36. The daily time series for the period is distributed with a sample standard deviation of 4.21, arithmetic mean of 8.05, and mean deviation of 3.59. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Galaxy Payroll prices its IPO at 4share | 09/12/2024 |
2 | Why Aehr Test Systems Shares Are Trading Higher By Around 14 Here Are 20 Stocks Moving Premarket | 10/11/2024 |
3 | Stocks Showing Rising Market Leadership Upwork Earns 82 RS Rating - Investors Business Daily | 11/04/2024 |
4 | United States shares higher at close of trade Dow Jones Industrial Average up 3.56 percent - MSN | 11/21/2024 |
About Galaxy Payroll 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 Galaxy or other stocks. Alpha measures the amount that position in Galaxy Payroll 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 Galaxy Payroll 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, Galaxy Payroll's short interest history, or implied volatility extrapolated from Galaxy Payroll options trading.
Build Portfolio with Galaxy Payroll
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 Galaxy Payroll Backtesting, Galaxy Payroll Valuation, Galaxy Payroll Correlation, Galaxy Payroll Hype Analysis, Galaxy Payroll Volatility, Galaxy Payroll History and analyze Galaxy Payroll Performance. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Galaxy Payroll 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.