Concord Securities (Taiwan) Alpha and Beta Analysis
| 6016 Stock | TWD 13.45 0.05 0.37% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Concord Securities Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in Concord Securities over a specified time horizon. Remember, high Concord Securities' 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 Concord Securities' market risk premium analysis include:
Beta 0.13 | Alpha (0.03) | Risk 0.66 | Sharpe Ratio (0.11) | Expected Return (0.07) |
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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Concord Securities Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Concord Securities market risk premium is the additional return an investor will receive from holding Concord Securities 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 Concord Securities. 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 Concord Securities' performance over market.| α | -0.03 | β | 0.13 |
Concord Securities 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 Concord Securities' Buy-and-hold return. Our buy-and-hold chart shows how Concord Securities performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Concord Securities Market Price Analysis
Market price analysis indicators help investors to evaluate how Concord Securities stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Concord Securities shares will generate the highest return on investment. By understating and applying Concord Securities stock market price indicators, traders can identify Concord Securities position entry and exit signals to maximize returns.
Concord Securities Return and Market Media
The median price of Concord Securities for the period between Wed, Sep 18, 2024 and Tue, Dec 17, 2024 is 13.95 with a coefficient of variation of 1.51. The daily time series for the period is distributed with a sample standard deviation of 0.21, arithmetic mean of 13.91, and mean deviation of 0.17. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Concord Securities 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 Concord or other stocks. Alpha measures the amount that position in Concord Securities 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 Concord Securities 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, Concord Securities' short interest history, or implied volatility extrapolated from Concord Securities options trading.
Build Portfolio with Concord Securities
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Additional Tools for Concord Stock Analysis
When running Concord Securities' price analysis, check to measure Concord Securities' 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 Concord Securities is operating at the current time. Most of Concord Securities' value examination focuses on studying past and present price action to predict the probability of Concord Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concord Securities' price. Additionally, you may evaluate how the addition of Concord Securities to your portfolios can decrease your overall portfolio volatility.