Jin Medical International Stock Alpha and Beta Analysis
| ZJYL Stock | 0.91 0.07 7.14% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as JIN MEDICAL INTERNATIONAL. It also helps investors analyze the systematic and unsystematic risks associated with investing in JIN MEDICAL over a specified time horizon. Remember, high JIN MEDICAL'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 JIN MEDICAL's market risk premium analysis include:
Beta 1.67 | Alpha (1.54) | Risk 9.26 | Sharpe Ratio (0.14) | Expected Return (1.32) |
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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.
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JIN MEDICAL Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. JIN MEDICAL market risk premium is the additional return an investor will receive from holding JIN MEDICAL 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 JIN MEDICAL. 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 JIN MEDICAL's performance over market.| α | -1.54 | β | 1.67 |
JIN MEDICAL 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 JIN MEDICAL's Buy-and-hold return. Our buy-and-hold chart shows how JIN MEDICAL performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.JIN MEDICAL Market Price Analysis
Market price analysis indicators help investors to evaluate how JIN MEDICAL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JIN MEDICAL shares will generate the highest return on investment. By understating and applying JIN MEDICAL stock market price indicators, traders can identify JIN MEDICAL position entry and exit signals to maximize returns.
JIN MEDICAL Return and Market Media
The median price of JIN MEDICAL for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 2.5 with a coefficient of variation of 28.87. The daily time series for the period is distributed with a sample standard deviation of 0.64, arithmetic mean of 2.22, and mean deviation of 0.5. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Analyzing Jin Medical International and Milestone Scientific | 09/30/2024 |
2 | ZJYL Stock Dips 5.60 percent Amid Lack of Institutional Ratings | 10/09/2024 |
3 | ZJYL Stock Declines Amidst Broader Medical Device Sector Downturn | 10/23/2024 |
4 | Jin Medical International Ltd.s 27 percent Dip Still Leaving Some Shareholders Feeling Restless Over Its PSRatio | 10/30/2024 |
5 | Jin Medical International Ltd. Stocks Been Sliding But Fundamentals Look Decent Will The Market Correct The Share Price In The Future | 11/19/2024 |
About JIN MEDICAL 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 JIN or other stocks. Alpha measures the amount that position in JIN MEDICAL INTERNATIONAL 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 80.87 | 156.53 | 180.01 | 142.82 | PTB Ratio | 0.21 | 0.35 | 0.41 | 0.39 |
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 JIN MEDICAL 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, JIN MEDICAL's short interest history, or implied volatility extrapolated from JIN MEDICAL options trading.
Build Portfolio with JIN MEDICAL
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
Check out JIN MEDICAL Backtesting, JIN MEDICAL Valuation, JIN MEDICAL Correlation, JIN MEDICAL Hype Analysis, JIN MEDICAL Volatility, JIN MEDICAL History and analyze JIN MEDICAL Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
JIN MEDICAL 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.