Primech Holdings Ltd Stock Alpha and Beta Analysis
| PMEC Stock | 0.69 0.01 1.43% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Primech Holdings Ltd. It also helps investors analyze the systematic and unsystematic risks associated with investing in Primech Holdings over a specified time horizon. Remember, high Primech Holdings' 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 Primech Holdings' market risk premium analysis include:
Beta 0.28 | Alpha 0.0277 | Risk 5.03 | Sharpe Ratio 0.0056 | Expected Return 0.028 |
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.
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Primech Holdings Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Primech Holdings market risk premium is the additional return an investor will receive from holding Primech Holdings 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 Primech Holdings. 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 Primech Holdings' performance over market.| α | 0.03 | β | 0.28 |
Primech Holdings 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 Primech Holdings' Buy-and-hold return. Our buy-and-hold chart shows how Primech Holdings performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Primech Holdings Market Price Analysis
Market price analysis indicators help investors to evaluate how Primech Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Primech Holdings shares will generate the highest return on investment. By understating and applying Primech Holdings stock market price indicators, traders can identify Primech Holdings position entry and exit signals to maximize returns.
Primech Holdings Return and Market Media
The median price of Primech Holdings for the period between Fri, Nov 8, 2024 and Thu, Feb 6, 2025 is 0.73 with a coefficient of variation of 5.49. The daily time series for the period is distributed with a sample standard deviation of 0.04, arithmetic mean of 0.73, and mean deviation of 0.03. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Primech Holdings 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 Primech or other stocks. Alpha measures the amount that position in Primech Holdings 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 | 2022 | 2024 (projected) | Dividend Yield | 0.0352 | 0.006016 | 0.005415 | Price To Sales Ratio | 0.97 | 0.76 | 0.56 |
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 Primech Holdings 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, Primech Holdings' short interest history, or implied volatility extrapolated from Primech Holdings options trading.
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Check out Primech Holdings Backtesting, Primech Holdings Valuation, Primech Holdings Correlation, Primech Holdings Hype Analysis, Primech Holdings Volatility, Primech Holdings History and analyze Primech Holdings Performance. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Primech Holdings 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.