NEW PACIFIC (Germany) Alpha and Beta Analysis
| 3N7A Stock | EUR 1.16 0.01 0.85% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NEW PACIFIC METALS. It also helps investors analyze the systematic and unsystematic risks associated with investing in NEW PACIFIC over a specified time horizon. Remember, high NEW PACIFIC'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 NEW PACIFIC's market risk premium analysis include:
Beta 0.82 | Alpha 0.0292 | Risk 3.89 | Sharpe Ratio 0.0018 | Expected Return 0.0071 |
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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NEW PACIFIC Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NEW PACIFIC market risk premium is the additional return an investor will receive from holding NEW PACIFIC 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 NEW PACIFIC. 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 NEW PACIFIC's performance over market.| α | 0.03 | β | 0.82 |
NEW PACIFIC 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 NEW PACIFIC's Buy-and-hold return. Our buy-and-hold chart shows how NEW PACIFIC performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NEW PACIFIC Market Price Analysis
Market price analysis indicators help investors to evaluate how NEW PACIFIC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NEW PACIFIC shares will generate the highest return on investment. By understating and applying NEW PACIFIC stock market price indicators, traders can identify NEW PACIFIC position entry and exit signals to maximize returns.
NEW PACIFIC Return and Market Media
The median price of NEW PACIFIC for the period between Sat, Sep 21, 2024 and Fri, Dec 20, 2024 is 1.39 with a coefficient of variation of 10.07. The daily time series for the period is distributed with a sample standard deviation of 0.14, arithmetic mean of 1.4, and mean deviation of 0.1. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About NEW PACIFIC 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 NEW or other stocks. Alpha measures the amount that position in NEW PACIFIC METALS 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 NEW PACIFIC 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, NEW PACIFIC's short interest history, or implied volatility extrapolated from NEW PACIFIC options trading.
Build Portfolio with NEW PACIFIC
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
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Additional Information and Resources on Investing in NEW Stock
When determining whether NEW PACIFIC METALS is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NEW Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about New Pacific Metals Stock. Highlighted below are key reports to facilitate an investment decision about New Pacific Metals Stock:Check out NEW PACIFIC Backtesting, NEW PACIFIC Valuation, NEW PACIFIC Correlation, NEW PACIFIC Hype Analysis, NEW PACIFIC Volatility, NEW PACIFIC History and analyze NEW PACIFIC Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
NEW PACIFIC 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.