Playgon Games Stock Alpha and Beta Analysis
| DEAL Stock | CAD 0.01 0.01 50.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Playgon Games. It also helps investors analyze the systematic and unsystematic risks associated with investing in Playgon Games over a specified time horizon. Remember, high Playgon Games' 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 Playgon Games' market risk premium analysis include:
Beta 6.05 | Alpha 0.37 | Risk 24.81 | Sharpe Ratio 0.064 | Expected Return 1.59 |
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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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Playgon Games Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Playgon Games market risk premium is the additional return an investor will receive from holding Playgon Games 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 Playgon Games. 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 Playgon Games' performance over market.| α | 0.37 | β | 6.05 |
Playgon Games 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 Playgon Games' Buy-and-hold return. Our buy-and-hold chart shows how Playgon Games performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Playgon Games Market Price Analysis
Market price analysis indicators help investors to evaluate how Playgon Games stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Playgon Games shares will generate the highest return on investment. By understating and applying Playgon Games stock market price indicators, traders can identify Playgon Games position entry and exit signals to maximize returns.
Playgon Games Return and Market Media
The median price of Playgon Games for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 is 0.02 with a coefficient of variation of 33.61. The daily time series for the period is distributed with a sample standard deviation of 0.01, arithmetic mean of 0.02, and mean deviation of 0.01. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Playgon Games Secures Funding Through Promissory Note - TipRanks | 10/30/2024 |
About Playgon Games 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 Playgon or other stocks. Alpha measures the amount that position in Playgon Games 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.
| 2020 | 2022 | 2023 (projected) | Graham Number | 0.28 | 0.12 | 0.3 | Receivables Turnover | 0.65 | 2.26 | 3.36 |
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 Playgon Games 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, Playgon Games' short interest history, or implied volatility extrapolated from Playgon Games options trading.
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Additional Tools for Playgon Stock Analysis
When running Playgon Games' price analysis, check to measure Playgon Games' 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 Playgon Games is operating at the current time. Most of Playgon Games' value examination focuses on studying past and present price action to predict the probability of Playgon Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Playgon Games' price. Additionally, you may evaluate how the addition of Playgon Games to your portfolios can decrease your overall portfolio volatility.