Majic Wheels Corp Stock Alpha and Beta Analysis
| MJWL Stock | USD 0.0001 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Majic Wheels Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Majic Wheels over a specified time horizon. Remember, high Majic Wheels' 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 Majic Wheels' market risk premium analysis include:
Beta (1.36) | Alpha (0.48) | Risk 10.4 | Sharpe Ratio (0.06) | Expected Return (0.66) |
Enterprise Value |
|
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.
Majic |
Majic Wheels Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Majic Wheels market risk premium is the additional return an investor will receive from holding Majic Wheels 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 Majic Wheels. 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 Majic Wheels' performance over market.| α | -0.48 | β | -1.36 |
Majic Wheels 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 Majic Wheels' Buy-and-hold return. Our buy-and-hold chart shows how Majic Wheels performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Majic Wheels Market Price Analysis
Market price analysis indicators help investors to evaluate how Majic Wheels stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Majic Wheels shares will generate the highest return on investment. By understating and applying Majic Wheels stock market price indicators, traders can identify Majic Wheels position entry and exit signals to maximize returns.
Majic Wheels Return and Market Media
The median price of Majic Wheels for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 1.0E-4 with a coefficient of variation of 54.98. The daily time series for the period is distributed with a sample standard deviation of 0.0, arithmetic mean of 0.0, and mean deviation of 0.0. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Majic Wheels 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 Majic or other stocks. Alpha measures the amount that position in Majic Wheels Corp 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 Majic Wheels 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, Majic Wheels' short interest history, or implied volatility extrapolated from Majic Wheels options trading.
Build Portfolio with Majic Wheels
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 Majic Wheels Backtesting, Majic Wheels Valuation, Majic Wheels Correlation, Majic Wheels Hype Analysis, Majic Wheels Volatility, Majic Wheels History and analyze Majic Wheels Performance. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Majic Wheels 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.