Signature Resources Stock Alpha and Beta Analysis
| SGU Stock | CAD 0.04 0.01 14.29% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Signature Resources. It also helps investors analyze the systematic and unsystematic risks associated with investing in Signature Resources over a specified time horizon. Remember, high Signature Resources' 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 Signature Resources' market risk premium analysis include:
Beta 0.11 | Alpha (0.13) | Risk 8.74 | Sharpe Ratio (0.03) | Expected Return (0.26) |
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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.
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Signature Resources Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Signature Resources market risk premium is the additional return an investor will receive from holding Signature Resources 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 Signature Resources. 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 Signature Resources' performance over market.| α | -0.13 | β | 0.11 |
Signature Resources 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 Signature Resources' Buy-and-hold return. Our buy-and-hold chart shows how Signature Resources performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Signature Resources Market Price Analysis
Market price analysis indicators help investors to evaluate how Signature Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Signature Resources shares will generate the highest return on investment. By understating and applying Signature Resources stock market price indicators, traders can identify Signature Resources position entry and exit signals to maximize returns.
Signature Resources Return and Market Media
The median price of Signature Resources for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 is 0.05 with a coefficient of variation of 17.9. The daily time series for the period is distributed with a sample standard deviation of 0.01, arithmetic mean of 0.05, and mean deviation of 0.01. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Signature Resources Announces Results of 2024 Annual General Special Meeting of Shareholders and Engages Renmark Financial Communications Inc. - Newsfile | 09/06/2024 |
2 | Signature Resources Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended July 31, 2024 - Marketscreener.com | 09/27/2024 |
3 | Thrivent Financial for Lutherans Has 81.76 Million Stake in UnitedHealth Group Incorporated - MarketBeat | 11/18/2024 |
4 | Intech Investment Management LLC Decreases Stake in UnitedHealth Group Incorporated - MarketBeat | 11/21/2024 |
About Signature Resources 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 Signature or other stocks. Alpha measures the amount that position in Signature Resources 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.
| 2020 | 2021 | 2024 (projected) | Current Ratio | 1.25 | 0.13 | 0.19 | Net Debt To EBITDA | 0.009277 | 8.04E-4 | 0.17 |
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 Signature Resources 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, Signature Resources' short interest history, or implied volatility extrapolated from Signature Resources options trading.
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Additional Tools for Signature Stock Analysis
When running Signature Resources' price analysis, check to measure Signature Resources' 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 Signature Resources is operating at the current time. Most of Signature Resources' value examination focuses on studying past and present price action to predict the probability of Signature Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Signature Resources' price. Additionally, you may evaluate how the addition of Signature Resources to your portfolios can decrease your overall portfolio volatility.