Eversource Energy (Germany) Alpha and Beta Analysis
| NWJ Stock | EUR 57.50 1.00 1.77% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eversource Energy. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eversource Energy over a specified time horizon. Remember, high Eversource Energy'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 Eversource Energy's market risk premium analysis include:
Beta 0.46 | Alpha (0.11) | Risk 1.67 | Sharpe Ratio (0.04) | Expected Return (0.06) |
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.
Eversource |
Eversource Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Eversource Energy market risk premium is the additional return an investor will receive from holding Eversource Energy 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 Eversource Energy. 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 Eversource Energy's performance over market.| α | -0.11 | β | 0.46 |
Eversource Energy 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 Eversource Energy's Buy-and-hold return. Our buy-and-hold chart shows how Eversource Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Eversource Energy Market Price Analysis
Market price analysis indicators help investors to evaluate how Eversource Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eversource Energy shares will generate the highest return on investment. By understating and applying Eversource Energy stock market price indicators, traders can identify Eversource Energy position entry and exit signals to maximize returns.
Eversource Energy Return and Market Media
The median price of Eversource Energy for the period between Sat, Sep 14, 2024 and Fri, Dec 13, 2024 is 59.5 with a coefficient of variation of 2.58. The daily time series for the period is distributed with a sample standard deviation of 1.53, arithmetic mean of 59.37, and mean deviation of 1.32. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Eversource Energy 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 Eversource or other stocks. Alpha measures the amount that position in Eversource Energy 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 Eversource Energy 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, Eversource Energy's short interest history, or implied volatility extrapolated from Eversource Energy options trading.
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Additional Information and Resources on Investing in Eversource Stock
When determining whether Eversource Energy is a strong investment it is important to analyze Eversource Energy'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 Eversource Energy's future performance. For an informed investment choice regarding Eversource Stock, refer to the following important reports:Check out Eversource Energy Backtesting, Eversource Energy Valuation, Eversource Energy Correlation, Eversource Energy Hype Analysis, Eversource Energy Volatility, Eversource Energy History and analyze Eversource Energy Performance. For more detail on how to invest in Eversource Stock please use our How to Invest in Eversource Energy guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Eversource Energy 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.