ROUTE MOBILE (India) Alpha and Beta Analysis
| ROUTE Stock | 1,440 25.85 1.76% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ROUTE MOBILE LIMITED. It also helps investors analyze the systematic and unsystematic risks associated with investing in ROUTE MOBILE over a specified time horizon. Remember, high ROUTE MOBILE'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 ROUTE MOBILE's market risk premium analysis include:
Beta 0.17 | Alpha (0.16) | Risk 1.39 | Sharpe Ratio (0.09) | Expected Return (0.13) |
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.
ROUTE |
ROUTE MOBILE Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ROUTE MOBILE market risk premium is the additional return an investor will receive from holding ROUTE MOBILE 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 ROUTE MOBILE. 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 ROUTE MOBILE's performance over market.| α | -0.16 | β | 0.17 |
ROUTE MOBILE 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 ROUTE MOBILE's Buy-and-hold return. Our buy-and-hold chart shows how ROUTE MOBILE performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ROUTE MOBILE Market Price Analysis
Market price analysis indicators help investors to evaluate how ROUTE MOBILE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ROUTE MOBILE shares will generate the highest return on investment. By understating and applying ROUTE MOBILE stock market price indicators, traders can identify ROUTE MOBILE position entry and exit signals to maximize returns.
ROUTE MOBILE Return and Market Media
The median price of ROUTE MOBILE for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 1546.01 with a coefficient of variation of 4.59. The daily time series for the period is distributed with a sample standard deviation of 70.44, arithmetic mean of 1533.3, and mean deviation of 56.29. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Route Mobile Ltd Slides 1.04 percent - Business Standard | 09/09/2024 |
2 | High Growth Tech Stocks to Watch in India September 2024 - Simply Wall St | 09/19/2024 |
About ROUTE MOBILE 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 ROUTE or other stocks. Alpha measures the amount that position in ROUTE MOBILE LIMITED 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 ROUTE MOBILE 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, ROUTE MOBILE's short interest history, or implied volatility extrapolated from ROUTE MOBILE options trading.
Build Portfolio with ROUTE MOBILE
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Other Information on Investing in ROUTE Stock
ROUTE MOBILE financial ratios help investors to determine whether ROUTE 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 ROUTE with respect to the benefits of owning ROUTE MOBILE security.