Xtra Gold Resources Corp Stock Alpha and Beta Analysis
| XTGRF Stock | USD 2.54 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Xtra Gold Resources Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Xtra-Gold Resources over a specified time horizon. Remember, high Xtra-Gold Resources' 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 Xtra-Gold Resources' market risk premium analysis include:
Beta 0.37 | Alpha 0.26 | Risk 2.23 | Sharpe Ratio 0.13 | Expected Return 0.3 |
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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Xtra-Gold Resources Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Xtra-Gold Resources market risk premium is the additional return an investor will receive from holding Xtra-Gold Resources 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 Xtra-Gold Resources. 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 Xtra-Gold Resources' performance over market.| α | 0.26 | β | 0.37 |
Xtra-Gold Resources 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 Xtra-Gold Resources' Buy-and-hold return. Our buy-and-hold chart shows how Xtra-Gold Resources performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Xtra-Gold Resources Market Price Analysis
Market price analysis indicators help investors to evaluate how Xtra-Gold Resources otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xtra-Gold Resources shares will generate the highest return on investment. By understating and applying Xtra-Gold Resources otc stock market price indicators, traders can identify Xtra-Gold Resources position entry and exit signals to maximize returns.
Xtra-Gold Resources Return and Market Media
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About Xtra-Gold Resources 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 Xtra-Gold or other otcs. Alpha measures the amount that position in Xtra Gold Resources 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 Xtra-Gold Resources 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, Xtra-Gold Resources' short interest history, or implied volatility extrapolated from Xtra-Gold Resources options trading.
Build Portfolio with Xtra-Gold Resources
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Other Information on Investing in Xtra-Gold OTC Stock
Xtra-Gold Resources financial ratios help investors to determine whether Xtra-Gold OTC 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 Xtra-Gold with respect to the benefits of owning Xtra-Gold Resources security.