Steel Authority (India) Alpha and Beta Analysis
| SAIL Stock | 114.09 1.26 1.12% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Steel Authority of. It also helps investors analyze the systematic and unsystematic risks associated with investing in Steel Authority over a specified time horizon. Remember, high Steel Authority'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 Steel Authority's market risk premium analysis include:
Beta (0.06) | Alpha (0.22) | Risk 2.09 | Sharpe Ratio (0.12) | Expected Return (0.24) |
Steel Authority 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.
Steel |
Steel Authority Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Steel Authority market risk premium is the additional return an investor will receive from holding Steel Authority 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 Steel Authority. 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 Steel Authority's performance over market.| α | -0.22 | β | -0.06 |
Steel Authority 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 Steel Authority's Buy-and-hold return. Our buy-and-hold chart shows how Steel Authority performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Steel Authority Market Price Analysis
Market price analysis indicators help investors to evaluate how Steel Authority stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Steel Authority shares will generate the highest return on investment. By understating and applying Steel Authority stock market price indicators, traders can identify Steel Authority position entry and exit signals to maximize returns.
Steel Authority Return and Market Media
The median price of Steel Authority for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 129.92 with a coefficient of variation of 6.93. The daily time series for the period is distributed with a sample standard deviation of 8.79, arithmetic mean of 126.9, and mean deviation of 7.45. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Jsw Steel Share Price Highlights Jsw Steel closed today at 931, down -0.97 percent from yesterdays 940.15 Stock Market News - Mint | 09/03/2024 |
2 | Jsw Steel share are down by -0.67, Nifty up by 0.25 percent - Mint | 09/24/2024 |
3 | Steel Authority of Indias Stock Price Declines for Second Consecutive Day - MarketsMojo | 10/22/2024 |
4 | Steel Authority Of India Share Price Today on 12-11-2024 Steel Authority Of India share price are down by -1.51, Nifty down by -1.07 percent Stock Market News -... | 11/11/2024 |
5 | Steel Authority Of India Share Price Today on 22-11-2024 Steel Authority Of India share price are up by 1.04, Nifty up by 0.71 percent Stock Market News - Mint | 11/21/2024 |
About Steel Authority 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 Steel or other stocks. Alpha measures the amount that position in Steel Authority 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 Steel Authority 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, Steel Authority's short interest history, or implied volatility extrapolated from Steel Authority options trading.
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Additional Tools for Steel Stock Analysis
When running Steel Authority's price analysis, check to measure Steel Authority's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steel Authority is operating at the current time. Most of Steel Authority's value examination focuses on studying past and present price action to predict the probability of Steel Authority's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Authority's price. Additionally, you may evaluate how the addition of Steel Authority to your portfolios can decrease your overall portfolio volatility.