Welltend Technology (Taiwan) Alpha and Beta Analysis
| 3021 Stock | TWD 24.30 0.20 0.83% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Welltend Technology Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Welltend Technology over a specified time horizon. Remember, high Welltend Technology'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 Welltend Technology's market risk premium analysis include:
Beta 0.28 | Alpha (0.37) | Risk 2.53 | Sharpe Ratio (0.23) | Expected Return (0.59) |
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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Welltend Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Welltend Technology market risk premium is the additional return an investor will receive from holding Welltend Technology 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 Welltend Technology. 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 Welltend Technology's performance over market.| α | -0.37 | β | 0.28 |
Welltend Technology 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 Welltend Technology's Buy-and-hold return. Our buy-and-hold chart shows how Welltend Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Welltend Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Welltend Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Welltend Technology shares will generate the highest return on investment. By understating and applying Welltend Technology stock market price indicators, traders can identify Welltend Technology position entry and exit signals to maximize returns.
Welltend Technology Return and Market Media
The median price of Welltend Technology for the period between Thu, Dec 5, 2024 and Wed, Mar 5, 2025 is 26.85 with a coefficient of variation of 12.49. The daily time series for the period is distributed with a sample standard deviation of 3.48, arithmetic mean of 27.87, and mean deviation of 2.89. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Welltend Technology 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 Welltend or other stocks. Alpha measures the amount that position in Welltend Technology Corp 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 Welltend Technology 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, Welltend Technology's short interest history, or implied volatility extrapolated from Welltend Technology options trading.
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Additional Tools for Welltend Stock Analysis
When running Welltend Technology's price analysis, check to measure Welltend Technology's 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 Welltend Technology is operating at the current time. Most of Welltend Technology's value examination focuses on studying past and present price action to predict the probability of Welltend Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Welltend Technology's price. Additionally, you may evaluate how the addition of Welltend Technology to your portfolios can decrease your overall portfolio volatility.