Wipro (India) Alpha and Beta Analysis
| WIPRO Stock | 571.65 14.50 2.60% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Wipro Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in Wipro over a specified time horizon. Remember, high Wipro'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 Wipro's market risk premium analysis include:
Beta (0.29) | Alpha 0.16 | Risk 1.64 | Sharpe Ratio 0.0974 | Expected Return 0.16 |
Wipro 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.
Wipro |
Wipro Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Wipro market risk premium is the additional return an investor will receive from holding Wipro 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 Wipro. 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 Wipro's performance over market.| α | 0.16 | β | -0.29 |
Wipro 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 Wipro's Buy-and-hold return. Our buy-and-hold chart shows how Wipro performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Wipro Market Price Analysis
Market price analysis indicators help investors to evaluate how Wipro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wipro shares will generate the highest return on investment. By understating and applying Wipro stock market price indicators, traders can identify Wipro position entry and exit signals to maximize returns.
Wipro Return and Market Media
The median price of Wipro for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 is 539.95 with a coefficient of variation of 2.92. The daily time series for the period is distributed with a sample standard deviation of 15.81, arithmetic mean of 541.86, and mean deviation of 13.1. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Wipro Share Price Highlights Wipro closed today at 519.15, down -3.17 percent from yesterdays 536.15 Stock Market News - Mint | 09/04/2024 |
2 | Wipro share are down by -0.04, Nifty down by -0.14 percent - Mint | 09/26/2024 |
3 | Wipro Limited Among The 8 Best Information Technology Services Stocks to Invest in Now - Yahoo Finance | 10/31/2024 |
4 | Wipro underperforms Friday when compared to competitors despite daily gains - MarketWatch | 11/22/2024 |
About Wipro 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 Wipro or other stocks. Alpha measures the amount that position in Wipro Limited 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 Wipro 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, Wipro's short interest history, or implied volatility extrapolated from Wipro options trading.
Build Portfolio with Wipro
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Other Information on Investing in Wipro Stock
Wipro financial ratios help investors to determine whether Wipro 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 Wipro with respect to the benefits of owning Wipro security.