Homerun Resources Stock Alpha and Beta Analysis
| HMR Stock | 1.28 0.01 0.79% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Homerun Resources. It also helps investors analyze the systematic and unsystematic risks associated with investing in Homerun Resources over a specified time horizon. Remember, high Homerun 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 Homerun Resources' market risk premium analysis include:
Beta 0.84 | Alpha 0.36 | Risk 4.78 | Sharpe Ratio 0.0182 | Expected Return 0.0869 |
Enterprise Value |
|
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.
Homerun |
Homerun Resources Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Homerun Resources market risk premium is the additional return an investor will receive from holding Homerun 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 Homerun 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 Homerun Resources' performance over market.| α | 0.36 | β | 0.84 |
Homerun 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 Homerun Resources' Buy-and-hold return. Our buy-and-hold chart shows how Homerun Resources performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Homerun Resources Market Price Analysis
Market price analysis indicators help investors to evaluate how Homerun Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Homerun Resources shares will generate the highest return on investment. By understating and applying Homerun Resources stock market price indicators, traders can identify Homerun Resources position entry and exit signals to maximize returns.
Homerun Resources Return and Market Media
The median price of Homerun Resources for the period between Tue, Oct 8, 2024 and Mon, Jan 6, 2025 is 1.39 with a coefficient of variation of 12.81. The daily time series for the period is distributed with a sample standard deviation of 0.19, arithmetic mean of 1.45, and mean deviation of 0.17. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Homerun Resources Launches 1M Private Financing - TipRanks | 10/09/2024 |
2 | Homerun Resources Inc. Memorandum of Understanding with Local Partner for the Processing of High Purity Silica Sands Originating from the Belmonte Silica Distri... | 11/04/2024 |
3 | Homerun Resources Partners with Veracel Celulose - TipRanks | 11/13/2024 |
4 | Homerun Resources identifies major silica sand resource in Brazil - MSN | 11/21/2024 |
5 | Homerun Resources Strengthens Solar Glass Project with Industry Veterans 37-Year Expertise HMRFF Stock News - StockTitan | 12/05/2024 |
6 | Homerun Resources Acquires Halocell Europe for Solar Innovation - TipRanks | 12/17/2024 |
About Homerun 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 Homerun or other stocks. Alpha measures the amount that position in Homerun 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 Homerun 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, Homerun Resources' short interest history, or implied volatility extrapolated from Homerun Resources options trading.
Build Portfolio with Homerun Resources
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Additional Tools for Homerun Stock Analysis
When running Homerun Resources' price analysis, check to measure Homerun Resources' 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 Homerun Resources is operating at the current time. Most of Homerun Resources' value examination focuses on studying past and present price action to predict the probability of Homerun Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Homerun Resources' price. Additionally, you may evaluate how the addition of Homerun Resources to your portfolios can decrease your overall portfolio volatility.