Chembond Chemicals (India) Alpha and Beta Analysis
| CHEMBOND | 607.10 20.20 3.44% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Chembond Chemicals. It also helps investors analyze the systematic and unsystematic risks associated with investing in Chembond Chemicals over a specified time horizon. Remember, high Chembond Chemicals' 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 Chembond Chemicals' market risk premium analysis include:
Beta (0.03) | Alpha (0.06) | Risk 2.02 | Sharpe Ratio 0.0139 | Expected Return 0.0281 |
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.
Chembond |
Chembond Chemicals Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Chembond Chemicals market risk premium is the additional return an investor will receive from holding Chembond Chemicals 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 Chembond Chemicals. 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 Chembond Chemicals' performance over market.| α | -0.06 | β | -0.03 |
Chembond Chemicals 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 Chembond Chemicals' Buy-and-hold return. Our buy-and-hold chart shows how Chembond Chemicals performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Chembond Chemicals Market Price Analysis
Market price analysis indicators help investors to evaluate how Chembond Chemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chembond Chemicals shares will generate the highest return on investment. By understating and applying Chembond Chemicals stock market price indicators, traders can identify Chembond Chemicals position entry and exit signals to maximize returns.
Chembond Chemicals Return and Market Media
The median price of Chembond Chemicals for the period between Sat, Sep 21, 2024 and Fri, Dec 20, 2024 is 575.05 with a coefficient of variation of 3.31. The daily time series for the period is distributed with a sample standard deviation of 19.19, arithmetic mean of 579.21, and mean deviation of 16.49. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Chembond Chem Consolidated September 2024 Net Sales at Rs 123.53 crore, up 10.27 percent Y-o-Y - Moneycontrol | 10/29/2024 |
2 | MarketsMOJO Downgrades Chembond Chemicals to Sell Due to Poor Long-Term Growth and Flat Financial Results - MarketsMojo | 12/09/2024 |
About Chembond Chemicals 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 Chembond or other stocks. Alpha measures the amount that position in Chembond Chemicals 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 Chembond Chemicals 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, Chembond Chemicals' short interest history, or implied volatility extrapolated from Chembond Chemicals options trading.
Build Portfolio with Chembond Chemicals
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Other Information on Investing in Chembond Stock
Chembond Chemicals financial ratios help investors to determine whether Chembond 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 Chembond with respect to the benefits of owning Chembond Chemicals security.