Mirae Asset (Korea) Alpha and Beta Analysis
| 200130 Stock | 13,080 20.00 0.15% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Mirae Asset No2. It also helps investors analyze the systematic and unsystematic risks associated with investing in Mirae Asset over a specified time horizon. Remember, high Mirae Asset'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 Mirae Asset's market risk premium analysis include:
Beta 0.12 | Alpha (0.25) | Risk 2.35 | Sharpe Ratio (0.11) | Expected Return (0.25) |
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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Mirae Asset Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Mirae Asset market risk premium is the additional return an investor will receive from holding Mirae Asset 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 Mirae Asset. 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 Mirae Asset's performance over market.| α | -0.25 | β | 0.12 |
Mirae Asset 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 Mirae Asset's Buy-and-hold return. Our buy-and-hold chart shows how Mirae Asset performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Mirae Asset Market Price Analysis
Market price analysis indicators help investors to evaluate how Mirae Asset stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mirae Asset shares will generate the highest return on investment. By understating and applying Mirae Asset stock market price indicators, traders can identify Mirae Asset position entry and exit signals to maximize returns.
Mirae Asset Return and Market Media
The median price of Mirae Asset for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 14440.0 with a coefficient of variation of 6.48. The daily time series for the period is distributed with a sample standard deviation of 921.26, arithmetic mean of 14212.73, and mean deviation of 722.98. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Mirae Asset 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 Mirae or other stocks. Alpha measures the amount that position in Mirae Asset No2 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 Mirae Asset 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, Mirae Asset's short interest history, or implied volatility extrapolated from Mirae Asset options trading.
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Other Information on Investing in Mirae Stock
Mirae Asset financial ratios help investors to determine whether Mirae Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mirae with respect to the benefits of owning Mirae Asset security.