Transocean (Brazil) Alpha and Beta Analysis
| RIGG34 Stock | BRL 24.22 1.05 4.16% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Transocean. It also helps investors analyze the systematic and unsystematic risks associated with investing in Transocean over a specified time horizon. Remember, high Transocean'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 Transocean's market risk premium analysis include:
Beta 0.37 | Alpha 0.16 | Risk 3.33 | Sharpe Ratio 0.0208 | Expected Return 0.0692 |
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.
Transocean |
Transocean Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Transocean market risk premium is the additional return an investor will receive from holding Transocean 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 Transocean. 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 Transocean's performance over market.| α | 0.16 | β | 0.37 |
Transocean 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 Transocean's Buy-and-hold return. Our buy-and-hold chart shows how Transocean performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Transocean Market Price Analysis
Market price analysis indicators help investors to evaluate how Transocean stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Transocean shares will generate the highest return on investment. By understating and applying Transocean stock market price indicators, traders can identify Transocean position entry and exit signals to maximize returns.
Transocean Return and Market Media
The median price of Transocean for the period between Fri, Oct 11, 2024 and Thu, Jan 9, 2025 is 24.4 with a coefficient of variation of 5.46. The daily time series for the period is distributed with a sample standard deviation of 1.34, arithmetic mean of 24.5, and mean deviation of 1.11. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Transocean 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 Transocean or other stocks. Alpha measures the amount that position in Transocean 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 Transocean 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, Transocean's short interest history, or implied volatility extrapolated from Transocean options trading.
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Additional Information and Resources on Investing in Transocean Stock
When determining whether Transocean is a strong investment it is important to analyze Transocean'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 Transocean's future performance. For an informed investment choice regarding Transocean Stock, refer to the following important reports:Check out Transocean Backtesting, Transocean Valuation, Transocean Correlation, Transocean Hype Analysis, Transocean Volatility, Transocean History and analyze Transocean Performance. For information on how to trade Transocean Stock refer to our How to Trade Transocean Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Transocean 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.