Great West Lifeco Stock Alpha and Beta Analysis
| GWO Stock | CAD 50.04 0.18 0.36% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Great West Lifeco. It also helps investors analyze the systematic and unsystematic risks associated with investing in Great West over a specified time horizon. Remember, high Great West'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 Great West's market risk premium analysis include:
Beta (0.02) | Alpha 0.23 | Risk 0.73 | Sharpe Ratio 0.28 | Expected Return 0.21 |
Great West 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.
Great |
Great West Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Great West market risk premium is the additional return an investor will receive from holding Great West 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 Great West. 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 Great West's performance over market.| α | 0.23 | β | -0.02 |
Great West 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 Great West's Buy-and-hold return. Our buy-and-hold chart shows how Great West performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Great West Market Price Analysis
Market price analysis indicators help investors to evaluate how Great West stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Great West shares will generate the highest return on investment. By understating and applying Great West stock market price indicators, traders can identify Great West position entry and exit signals to maximize returns.
Great West Return and Market Media
The median price of Great West for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 46.25 with a coefficient of variation of 3.8. The daily time series for the period is distributed with a sample standard deviation of 1.77, arithmetic mean of 46.54, and mean deviation of 1.41. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Great-West Lifeco Inc. Director Richard Henry Linton Sells 35,800 Shares - MarketBeat | 10/07/2024 |
2 | Great-West Lifeco cautions investors regarding Ocehan LLCs mini-tender offer for shares in Canada - Yahoo Finance | 11/08/2024 |
3 | Great-West Lifeco Inc.s Stock Is Going Strong Have Financials A Role To Play - Simply Wall St | 11/21/2024 |
About Great West 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 Great or other stocks. Alpha measures the amount that position in Great West Lifeco 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.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0513 | 0.0506 | 0.0334 | Price To Sales Ratio | 0.55 | 1.62 | 0.95 |
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 Great West 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, Great West's short interest history, or implied volatility extrapolated from Great West options trading.
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Other Information on Investing in Great Stock
Great West financial ratios help investors to determine whether Great 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 Great with respect to the benefits of owning Great West security.