Surge Copper Corp Stock Alpha and Beta Analysis
| SURG Stock | CAD 0.1 0.01 5.56% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Surge Copper Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Surge Copper over a specified time horizon. Remember, high Surge Copper'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 Surge Copper's market risk premium analysis include:
Beta (0.97) | Alpha (0.44) | Risk 5.02 | Sharpe Ratio (0.08) | Expected Return (0.38) |
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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.
Surge |
Surge Copper Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Surge Copper market risk premium is the additional return an investor will receive from holding Surge Copper 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 Surge Copper. 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 Surge Copper's performance over market.| α | -0.44 | β | -0.97 |
Surge Copper 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 Surge Copper's Buy-and-hold return. Our buy-and-hold chart shows how Surge Copper performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Surge Copper Market Price Analysis
Market price analysis indicators help investors to evaluate how Surge Copper stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Surge Copper shares will generate the highest return on investment. By understating and applying Surge Copper stock market price indicators, traders can identify Surge Copper position entry and exit signals to maximize returns.
Surge Copper Return and Market Media
The median price of Surge Copper for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 0.13 with a coefficient of variation of 12.79. The daily time series for the period is distributed with a sample standard deviation of 0.02, arithmetic mean of 0.12, and mean deviation of 0.01. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Surge Copper Completes 2024 Field Program and Provides Corporate Update - StockTitan | 09/26/2024 |
2 | Surge Copper Drills 320m of 0.46 percent CuEq, Hits High-Grade Zone at Berg Project SRGXF Stock News - StockTitan | 11/12/2024 |
About Surge Copper 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 Surge or other stocks. Alpha measures the amount that position in Surge Copper 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.
| 2021 | 2022 | 2024 (projected) | PB Ratio | 1.15 | 0.5 | 0.12 | Capex To Depreciation | 0.78 | 0.0853 | 0.12 |
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 Surge Copper 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, Surge Copper's short interest history, or implied volatility extrapolated from Surge Copper options trading.
Build Portfolio with Surge Copper
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Additional Tools for Surge Stock Analysis
When running Surge Copper's price analysis, check to measure Surge Copper'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 Surge Copper is operating at the current time. Most of Surge Copper's value examination focuses on studying past and present price action to predict the probability of Surge Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Copper's price. Additionally, you may evaluate how the addition of Surge Copper to your portfolios can decrease your overall portfolio volatility.