Boyd Gaming (Germany) Alpha and Beta Analysis
| BO5 Stock | EUR 68.00 0.50 0.74% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Boyd Gaming. It also helps investors analyze the systematic and unsystematic risks associated with investing in Boyd Gaming over a specified time horizon. Remember, high Boyd Gaming'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 Boyd Gaming's market risk premium analysis include:
Beta 0.43 | Alpha 0.26 | Risk 1.62 | Sharpe Ratio 0.18 | Expected Return 0.28 |
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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Boyd Gaming Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Boyd Gaming market risk premium is the additional return an investor will receive from holding Boyd Gaming 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 Boyd Gaming. 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 Boyd Gaming's performance over market.| α | 0.26 | β | 0.43 |
Boyd Gaming 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 Boyd Gaming's Buy-and-hold return. Our buy-and-hold chart shows how Boyd Gaming performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Boyd Gaming Market Price Analysis
Market price analysis indicators help investors to evaluate how Boyd Gaming stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Boyd Gaming shares will generate the highest return on investment. By understating and applying Boyd Gaming stock market price indicators, traders can identify Boyd Gaming position entry and exit signals to maximize returns.
Boyd Gaming Return and Market Media
The median price of Boyd Gaming for the period between Mon, Sep 23, 2024 and Sun, Dec 22, 2024 is 65.84 with a coefficient of variation of 8.25. The daily time series for the period is distributed with a sample standard deviation of 5.28, arithmetic mean of 64.05, and mean deviation of 4.88. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Boyd Gaming 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 Boyd or other stocks. Alpha measures the amount that position in Boyd Gaming 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 Boyd Gaming 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, Boyd Gaming's short interest history, or implied volatility extrapolated from Boyd Gaming options trading.
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Additional Information and Resources on Investing in Boyd Stock
When determining whether Boyd Gaming is a strong investment it is important to analyze Boyd Gaming'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 Boyd Gaming's future performance. For an informed investment choice regarding Boyd Stock, refer to the following important reports:Check out Boyd Gaming Backtesting, Boyd Gaming Valuation, Boyd Gaming Correlation, Boyd Gaming Hype Analysis, Boyd Gaming Volatility, Boyd Gaming History and analyze Boyd Gaming Performance. For more detail on how to invest in Boyd Stock please use our How to Invest in Boyd Gaming guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Boyd Gaming 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.