Thirumalai Chemicals (India) Alpha and Beta Analysis
| TIRUMALCHM | 315.35 7.75 2.40% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Thirumalai Chemicals Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in Thirumalai Chemicals over a specified time horizon. Remember, high Thirumalai Chemicals' 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 Thirumalai Chemicals' market risk premium analysis include:
Beta 0.12 | Alpha (0.06) | Risk 2.25 | Sharpe Ratio (0.04) | Expected Return (0.09) |
Thirumalai Chemicals 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.
Thirumalai |
Thirumalai Chemicals Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Thirumalai Chemicals market risk premium is the additional return an investor will receive from holding Thirumalai Chemicals 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 Thirumalai Chemicals. 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 Thirumalai Chemicals' performance over market.| α | -0.06 | β | 0.12 |
Thirumalai Chemicals 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 Thirumalai Chemicals' Buy-and-hold return. Our buy-and-hold chart shows how Thirumalai Chemicals performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Thirumalai Chemicals Market Price Analysis
Market price analysis indicators help investors to evaluate how Thirumalai Chemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thirumalai Chemicals shares will generate the highest return on investment. By understating and applying Thirumalai Chemicals stock market price indicators, traders can identify Thirumalai Chemicals position entry and exit signals to maximize returns.
Thirumalai Chemicals Return and Market Media
The median price of Thirumalai Chemicals for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 324.5 with a coefficient of variation of 4.5. The daily time series for the period is distributed with a sample standard deviation of 14.55, arithmetic mean of 323.22, and mean deviation of 12.11. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Thirumalai Chemicals reports consolidated net profit of Rs 4.89 crore in the September 2024 quarter - Business Standard | 10/30/2024 |
About Thirumalai Chemicals 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 Thirumalai or other stocks. Alpha measures the amount that position in Thirumalai Chemicals 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 Thirumalai Chemicals 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, Thirumalai Chemicals' short interest history, or implied volatility extrapolated from Thirumalai Chemicals options trading.
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Other Information on Investing in Thirumalai Stock
Thirumalai Chemicals financial ratios help investors to determine whether Thirumalai Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thirumalai with respect to the benefits of owning Thirumalai Chemicals security.