Jindal Drilling (India) Alpha and Beta Analysis
| JINDRILL | 789.10 28.55 3.75% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Jindal Drilling And. It also helps investors analyze the systematic and unsystematic risks associated with investing in Jindal Drilling over a specified time horizon. Remember, high Jindal Drilling'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 Jindal Drilling's market risk premium analysis include:
Beta (0.08) | Alpha 0.21 | Risk 2.44 | Sharpe Ratio 0.14 | Expected Return 0.34 |
Jindal Drilling 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.
Jindal |
Jindal Drilling Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Jindal Drilling market risk premium is the additional return an investor will receive from holding Jindal Drilling 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 Jindal Drilling. 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 Jindal Drilling's performance over market.| α | 0.21 | β | -0.08 |
Jindal Drilling 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 Jindal Drilling's Buy-and-hold return. Our buy-and-hold chart shows how Jindal Drilling performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Jindal Drilling Market Price Analysis
Market price analysis indicators help investors to evaluate how Jindal Drilling stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jindal Drilling shares will generate the highest return on investment. By understating and applying Jindal Drilling stock market price indicators, traders can identify Jindal Drilling position entry and exit signals to maximize returns.
Jindal Drilling Return and Market Media
The median price of Jindal Drilling for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 642.35 with a coefficient of variation of 7.99. The daily time series for the period is distributed with a sample standard deviation of 52.31, arithmetic mean of 654.98, and mean deviation of 43.09. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Jindal Drilling Industries Ltds Stock Price Soars 7.97 percent in One Day, Outperforms Sector - MarketsMojo | 10/30/2024 |
2 | Breakout stocks to buy or sell Sumeet Bagadia recommends five shares to buy today Stock Market News - Mint | 11/18/2024 |
About Jindal Drilling 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 Jindal or other stocks. Alpha measures the amount that position in Jindal Drilling And 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 Jindal Drilling 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, Jindal Drilling's short interest history, or implied volatility extrapolated from Jindal Drilling options trading.
Build Portfolio with Jindal Drilling
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Other Information on Investing in Jindal Stock
Jindal Drilling financial ratios help investors to determine whether Jindal 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 Jindal with respect to the benefits of owning Jindal Drilling security.