Honeywell Automation (India) Alpha and Beta Analysis
| HONAUT Stock | 41,196 805.40 1.92% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Honeywell Automation India. It also helps investors analyze the systematic and unsystematic risks associated with investing in Honeywell Automation over a specified time horizon. Remember, high Honeywell Automation'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 Honeywell Automation's market risk premium analysis include:
Beta (0.1) | Alpha (0.29) | Risk 1.59 | Sharpe Ratio (0.23) | Expected Return (0.37) |
Honeywell Automation 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.
Honeywell |
Honeywell Automation Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Honeywell Automation market risk premium is the additional return an investor will receive from holding Honeywell Automation 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 Honeywell Automation. 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 Honeywell Automation's performance over market.| α | -0.29 | β | -0.1 |
Honeywell Automation 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 Honeywell Automation's Buy-and-hold return. Our buy-and-hold chart shows how Honeywell Automation performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Honeywell Automation Market Price Analysis
Market price analysis indicators help investors to evaluate how Honeywell Automation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Honeywell Automation shares will generate the highest return on investment. By understating and applying Honeywell Automation stock market price indicators, traders can identify Honeywell Automation position entry and exit signals to maximize returns.
Honeywell Automation Return and Market Media
The median price of Honeywell Automation for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 49620.8 with a coefficient of variation of 5.86. The daily time series for the period is distributed with a sample standard deviation of 2865.35, arithmetic mean of 48875.56, and mean deviation of 2176.39. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Honeywell Automation India Limiteds Share Price Could Signal Some Risk - Simply Wall St | 08/29/2024 |
2 | Honeywell Automation India Limited most popular amongst public companies who own 75 percent of the shares, institutions hold 13 percent - Simply Wall St | 09/16/2024 |
3 | Honeywell Automation Indias Stock Price Declines by -3.24 percent on November 13, 2024 - MarketsMojo | 11/12/2024 |
About Honeywell Automation 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 Honeywell or other stocks. Alpha measures the amount that position in Honeywell Automation 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 Honeywell Automation 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, Honeywell Automation's short interest history, or implied volatility extrapolated from Honeywell Automation options trading.
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Other Information on Investing in Honeywell Stock
Honeywell Automation financial ratios help investors to determine whether Honeywell 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 Honeywell with respect to the benefits of owning Honeywell Automation security.