Jindal Stainless (India) Alpha and Beta Analysis
| JSL Stock | 719.80 21.20 2.86% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Jindal Stainless Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in Jindal Stainless over a specified time horizon. Remember, high Jindal Stainless' 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 Jindal Stainless' market risk premium analysis include:
Beta 0.26 | Alpha (0.07) | Risk 1.93 | Sharpe Ratio (0.05) | Expected Return (0.10) |
Jindal Stainless Quarterly Cash And Equivalents |
|
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.
Jindal |
Jindal Stainless Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Jindal Stainless market risk premium is the additional return an investor will receive from holding Jindal Stainless 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 Jindal Stainless. 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 Jindal Stainless' performance over market.| α | -0.07 | β | 0.26 |
Jindal Stainless 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 Jindal Stainless' Buy-and-hold return. Our buy-and-hold chart shows how Jindal Stainless performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Jindal Stainless Market Price Analysis
Market price analysis indicators help investors to evaluate how Jindal Stainless stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jindal Stainless shares will generate the highest return on investment. By understating and applying Jindal Stainless stock market price indicators, traders can identify Jindal Stainless position entry and exit signals to maximize returns.
Jindal Stainless Return and Market Media
The median price of Jindal Stainless for the period between Mon, Sep 23, 2024 and Sun, Dec 22, 2024 is 735.0 with a coefficient of variation of 5.47. The daily time series for the period is distributed with a sample standard deviation of 39.53, arithmetic mean of 723.01, and mean deviation of 35.2. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Jindal Stainless Q2 Results FY2024-25 BSE 200 stock to declare July-September quarterly earnings today - ET Now | 10/17/2024 |
2 | Jindal Stainless Ltd spurts 0.59, rises for fifth straight session - Business Standard | 11/06/2024 |
3 | Jindal Stainless Stock Sees Dip in Line with Sector Performance on December 5th - MarketsMojo | 12/04/2024 |
4 | Stock market Santa rally next 8 stocks to watch in next 3 weeks - Business Today | 12/16/2024 |
About Jindal Stainless 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 Jindal or other stocks. Alpha measures the amount that position in Jindal Stainless 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 Jindal Stainless 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, Jindal Stainless' short interest history, or implied volatility extrapolated from Jindal Stainless options trading.
Build Portfolio with Jindal Stainless
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Other Information on Investing in Jindal Stock
Jindal Stainless financial ratios help investors to determine whether Jindal 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 Jindal with respect to the benefits of owning Jindal Stainless security.