Weride American Depositary Stock Alpha and Beta Analysis
| WRD Stock | 13.25 0.63 4.99% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as WeRide American Depositary. It also helps investors analyze the systematic and unsystematic risks associated with investing in WeRide American over a specified time horizon. Remember, high WeRide American'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 WeRide American's market risk premium analysis include:
Beta (0.33) | Alpha (0.17) | Risk 8.32 | Sharpe Ratio (0.02) | Expected Return (0.16) |
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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WeRide American Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. WeRide American market risk premium is the additional return an investor will receive from holding WeRide American 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 WeRide American. 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 WeRide American's performance over market.| α | -0.17 | β | -0.33 |
WeRide American 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 WeRide American's Buy-and-hold return. Our buy-and-hold chart shows how WeRide American performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.WeRide American Market Price Analysis
Market price analysis indicators help investors to evaluate how WeRide American stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WeRide American shares will generate the highest return on investment. By understating and applying WeRide American stock market price indicators, traders can identify WeRide American position entry and exit signals to maximize returns.
WeRide American Return and Market Media
The median price of WeRide American for the period between Sun, Oct 20, 2024 and Sat, Jan 18, 2025 is 15.66 with a coefficient of variation of 13.04. The daily time series for the period is distributed with a sample standard deviation of 2.05, arithmetic mean of 15.74, and mean deviation of 1.58. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About WeRide American 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 WeRide or other stocks. Alpha measures the amount that position in WeRide American Depo 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 WeRide American 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, WeRide American's short interest history, or implied volatility extrapolated from WeRide American options trading.
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Check out WeRide American Backtesting, WeRide American Valuation, WeRide American Correlation, WeRide American Hype Analysis, WeRide American Volatility, WeRide American History and analyze WeRide American Performance. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
WeRide American technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.