Eminent Luggage (Taiwan) Alpha and Beta Analysis
| 9950 Stock | TWD 14.80 0.40 2.78% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eminent Luggage. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eminent Luggage over a specified time horizon. Remember, high Eminent Luggage'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 Eminent Luggage's market risk premium analysis include:
Beta (0.11) | Alpha (0.01) | Risk 1.51 | Sharpe Ratio 0.0212 | Expected Return 0.032 |
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.
Eminent |
Eminent Luggage Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Eminent Luggage market risk premium is the additional return an investor will receive from holding Eminent Luggage 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 Eminent Luggage. 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 Eminent Luggage's performance over market.| α | -0.0052 | β | -0.11 |
Eminent Luggage 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 Eminent Luggage's Buy-and-hold return. Our buy-and-hold chart shows how Eminent Luggage performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Eminent Luggage Market Price Analysis
Market price analysis indicators help investors to evaluate how Eminent Luggage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eminent Luggage shares will generate the highest return on investment. By understating and applying Eminent Luggage stock market price indicators, traders can identify Eminent Luggage position entry and exit signals to maximize returns.
Eminent Luggage Return and Market Media
The median price of Eminent Luggage for the period between Sun, Sep 15, 2024 and Sat, Dec 14, 2024 is 13.85 with a coefficient of variation of 3.92. The daily time series for the period is distributed with a sample standard deviation of 0.54, arithmetic mean of 13.83, and mean deviation of 0.43. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Eminent Luggage 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 Eminent or other stocks. Alpha measures the amount that position in Eminent Luggage 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 Eminent Luggage 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, Eminent Luggage's short interest history, or implied volatility extrapolated from Eminent Luggage options trading.
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Additional Tools for Eminent Stock Analysis
When running Eminent Luggage's price analysis, check to measure Eminent Luggage'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 Eminent Luggage is operating at the current time. Most of Eminent Luggage's value examination focuses on studying past and present price action to predict the probability of Eminent Luggage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eminent Luggage's price. Additionally, you may evaluate how the addition of Eminent Luggage to your portfolios can decrease your overall portfolio volatility.