Saigon Machinery (Vietnam) Alpha and Beta Analysis
| SMA Stock | 11,400 500.00 4.59% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Saigon Machinery Spare. It also helps investors analyze the systematic and unsystematic risks associated with investing in Saigon Machinery over a specified time horizon. Remember, high Saigon Machinery'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 Saigon Machinery's market risk premium analysis include:
Beta (0.02) | Alpha 0.29 | Risk 4.78 | Sharpe Ratio 0.13 | Expected Return 0.63 |
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.
Saigon |
Saigon Machinery Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Saigon Machinery market risk premium is the additional return an investor will receive from holding Saigon Machinery 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 Saigon Machinery. 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 Saigon Machinery's performance over market.| α | 0.29 | β | -0.02 |
Saigon Machinery Opportunities
Saigon Machinery Return and Market Media
The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Saigon Machinery 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 Saigon or other stocks. Alpha measures the amount that position in Saigon Machinery Spare 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 Saigon Machinery 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, Saigon Machinery's short interest history, or implied volatility extrapolated from Saigon Machinery options trading.
Build Portfolio with Saigon Machinery
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 Saigon Stock
Saigon Machinery financial ratios help investors to determine whether Saigon 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 Saigon with respect to the benefits of owning Saigon Machinery security.