Triumph Gold Corp Stock Alpha and Beta Analysis
| TIG Stock | CAD 0.23 0.03 15.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Triumph Gold Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Triumph Gold over a specified time horizon. Remember, high Triumph Gold'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 Triumph Gold's market risk premium analysis include:
Beta (0.04) | Alpha 0.72 | Risk 7.69 | Sharpe Ratio 0.0868 | Expected Return 0.67 |
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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.
Triumph |
Triumph Gold Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Triumph Gold market risk premium is the additional return an investor will receive from holding Triumph Gold 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 Triumph Gold. 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 Triumph Gold's performance over market.| α | 0.72 | β | -0.04 |
Triumph Gold 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 Triumph Gold's Buy-and-hold return. Our buy-and-hold chart shows how Triumph Gold performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Triumph Gold Market Price Analysis
Market price analysis indicators help investors to evaluate how Triumph Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Triumph Gold shares will generate the highest return on investment. By understating and applying Triumph Gold stock market price indicators, traders can identify Triumph Gold position entry and exit signals to maximize returns.
Triumph Gold Return and Market Media
The median price of Triumph Gold for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 0.18 with a coefficient of variation of 11.43. The daily time series for the period is distributed with a sample standard deviation of 0.02, arithmetic mean of 0.18, and mean deviation of 0.02. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | The 20 percent return this week takes Triumph Groups shareholders one-year gains to 101 percent - Yahoo Canada Finance | 10/15/2024 |
2 | Triumph Gold Debt-to-EBITDA 0.00 - GuruFocus.com | 11/22/2024 |
About Triumph Gold 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 Triumph or other stocks. Alpha measures the amount that position in Triumph Gold 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.
| 2023 | 2024 (projected) | Days Sales Outstanding | 821.8 | 730.5 | PTB Ratio | 3.76 | 3.95 |
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 Triumph Gold 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, Triumph Gold's short interest history, or implied volatility extrapolated from Triumph Gold options trading.
Build Portfolio with Triumph Gold
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Additional Tools for Triumph Stock Analysis
When running Triumph Gold's price analysis, check to measure Triumph Gold'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 Triumph Gold is operating at the current time. Most of Triumph Gold's value examination focuses on studying past and present price action to predict the probability of Triumph Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Triumph Gold's price. Additionally, you may evaluate how the addition of Triumph Gold to your portfolios can decrease your overall portfolio volatility.