Ryde Group Stock Alpha and Beta Analysis
| RYDE Stock | 0.41 0.02 4.65% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Ryde Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Ryde over a specified time horizon. Remember, high Ryde'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 Ryde's market risk premium analysis include:
Beta (2.42) | Alpha (1.95) | Risk 15.39 | Sharpe Ratio (0.15) | Expected Return (2.37) |
Enterprise Value |
|
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.
Ryde |
Ryde Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Ryde market risk premium is the additional return an investor will receive from holding Ryde 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 Ryde. 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 Ryde's performance over market.| α | -1.95 | β | -2.42 |
Ryde 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 Ryde's Buy-and-hold return. Our buy-and-hold chart shows how Ryde performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Ryde Market Price Analysis
Market price analysis indicators help investors to evaluate how Ryde stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ryde shares will generate the highest return on investment. By understating and applying Ryde stock market price indicators, traders can identify Ryde position entry and exit signals to maximize returns.
Ryde Return and Market Media
The median price of Ryde for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 0.69 with a coefficient of variation of 185.93. The daily time series for the period is distributed with a sample standard deviation of 4.6, arithmetic mean of 2.48, and mean deviation of 2.93. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Ryde Group Ltd Addresses Share Price Volatility, Reaffirms Strong Business Fundamentals | 09/20/2024 |
2 | Ryde Announces Closing of 4.5 Million Public Offering | 09/27/2024 |
3 | Ryde Celebrates Driver-Partners with Annual MakanwithRyde Initiative | 11/29/2024 |
About Ryde 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 Ryde or other stocks. Alpha measures the amount that position in Ryde Group 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.
| 2010 | 2023 | 2024 (projected) | Inventory Turnover | 2.2M | 2.0M | 1.8M | ROIC | 0.73 | 28.43 | 14.25 |
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 Ryde 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, Ryde's short interest history, or implied volatility extrapolated from Ryde options trading.
Build Portfolio with Ryde
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
Check out Ryde Backtesting, Ryde Valuation, Ryde Correlation, Ryde Hype Analysis, Ryde Volatility, Ryde History and analyze Ryde Performance. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Ryde 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.