Howmet Aerospace (Brazil) Alpha and Beta Analysis
| ARNC34 Stock | BRL 703.12 11.05 1.60% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Howmet Aerospace. It also helps investors analyze the systematic and unsystematic risks associated with investing in Howmet Aerospace over a specified time horizon. Remember, high Howmet Aerospace'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 Howmet Aerospace's market risk premium analysis include:
Beta (0.04) | Alpha 0.37 | Risk 1.98 | Sharpe Ratio 0.17 | Expected Return 0.33 |
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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Howmet Aerospace Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Howmet Aerospace market risk premium is the additional return an investor will receive from holding Howmet Aerospace 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 Howmet Aerospace. 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 Howmet Aerospace's performance over market.| α | 0.37 | β | -0.04 |
Howmet Aerospace 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 Howmet Aerospace's Buy-and-hold return. Our buy-and-hold chart shows how Howmet Aerospace performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Howmet Aerospace Market Price Analysis
Market price analysis indicators help investors to evaluate how Howmet Aerospace stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Howmet Aerospace shares will generate the highest return on investment. By understating and applying Howmet Aerospace stock market price indicators, traders can identify Howmet Aerospace position entry and exit signals to maximize returns.
Howmet Aerospace Return and Market Media
The median price of Howmet Aerospace for the period between Sun, Oct 13, 2024 and Sat, Jan 11, 2025 is 668.85 with a coefficient of variation of 8.66. The daily time series for the period is distributed with a sample standard deviation of 55.68, arithmetic mean of 643.13, and mean deviation of 51.13. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Howmet Aerospace 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 Howmet or other stocks. Alpha measures the amount that position in Howmet Aerospace 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 Howmet Aerospace 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, Howmet Aerospace's short interest history, or implied volatility extrapolated from Howmet Aerospace options trading.
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Additional Information and Resources on Investing in Howmet Stock
When determining whether Howmet Aerospace is a strong investment it is important to analyze Howmet Aerospace's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Howmet Aerospace's future performance. For an informed investment choice regarding Howmet Stock, refer to the following important reports:Check out Howmet Aerospace Backtesting, Howmet Aerospace Valuation, Howmet Aerospace Correlation, Howmet Aerospace Hype Analysis, Howmet Aerospace Volatility, Howmet Aerospace History and analyze Howmet Aerospace Performance. For information on how to trade Howmet Stock refer to our How to Trade Howmet Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Howmet Aerospace 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.