Spirax Sarco Engineering Plc Stock Alpha and Beta Analysis
| SPXSY Stock | USD 41.85 1.46 3.37% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Spirax Sarco Engineering PLC. It also helps investors analyze the systematic and unsystematic risks associated with investing in Spirax-Sarco Engineering over a specified time horizon. Remember, high Spirax-Sarco Engineering'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 Spirax-Sarco Engineering's market risk premium analysis include:
Beta 0.16 | Alpha (0.20) | Risk 1.98 | Sharpe Ratio (0.1) | Expected Return (0.19) |
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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Spirax-Sarco Engineering Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Spirax-Sarco Engineering market risk premium is the additional return an investor will receive from holding Spirax-Sarco Engineering 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 Spirax-Sarco Engineering. 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 Spirax-Sarco Engineering's performance over market.| α | -0.2 | β | 0.16 |
Spirax-Sarco Engineering 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 Spirax-Sarco Engineering's Buy-and-hold return. Our buy-and-hold chart shows how Spirax-Sarco Engineering performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Spirax-Sarco Engineering Market Price Analysis
Market price analysis indicators help investors to evaluate how Spirax-Sarco Engineering pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spirax-Sarco Engineering shares will generate the highest return on investment. By understating and applying Spirax-Sarco Engineering pink sheet market price indicators, traders can identify Spirax-Sarco Engineering position entry and exit signals to maximize returns.
Spirax-Sarco Engineering Return and Market Media
The median price of Spirax-Sarco Engineering for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 is 46.16 with a coefficient of variation of 5.96. The daily time series for the period is distributed with a sample standard deviation of 2.74, arithmetic mean of 45.98, and mean deviation of 2.49. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Spirax-Sarco Engineering 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 Spirax-Sarco or other pink sheets. Alpha measures the amount that position in Spirax-Sarco Engineering 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 Spirax-Sarco Engineering 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, Spirax-Sarco Engineering's short interest history, or implied volatility extrapolated from Spirax-Sarco Engineering options trading.
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Additional Tools for Spirax-Sarco Pink Sheet Analysis
When running Spirax-Sarco Engineering's price analysis, check to measure Spirax-Sarco Engineering'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 Spirax-Sarco Engineering is operating at the current time. Most of Spirax-Sarco Engineering's value examination focuses on studying past and present price action to predict the probability of Spirax-Sarco Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirax-Sarco Engineering's price. Additionally, you may evaluate how the addition of Spirax-Sarco Engineering to your portfolios can decrease your overall portfolio volatility.