Sixty Six Oilfield Stock Alpha and Beta Analysis
| SSOF Stock | USD 0.0001 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sixty Six Oilfield. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sixty Six over a specified time horizon. Remember, high Sixty Six'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 Sixty Six's market risk premium analysis include:
Beta (3.44) | Alpha 1.14 | Risk 14.18 | Sharpe Ratio 0.056 | Expected Return 0.79 |
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.
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Sixty Six Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sixty Six market risk premium is the additional return an investor will receive from holding Sixty Six 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 Sixty Six. 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 Sixty Six's performance over market.| α | 1.14 | β | -3.44 |
Sixty Six 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 Sixty Six's Buy-and-hold return. Our buy-and-hold chart shows how Sixty Six performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Sixty Six Market Price Analysis
Market price analysis indicators help investors to evaluate how Sixty Six pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sixty Six shares will generate the highest return on investment. By understating and applying Sixty Six pink sheet market price indicators, traders can identify Sixty Six position entry and exit signals to maximize returns.
Sixty Six Return and Market Media
The median price of Sixty Six for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 1.0E-4 with a coefficient of variation of 32.89. The daily time series for the period is distributed with a sample standard deviation of 0.0, arithmetic mean of 0.0, and mean deviation of 0.0. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Sixty Six 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 Sixty or other pink sheets. Alpha measures the amount that position in Sixty Six Oilfield 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 Sixty Six 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, Sixty Six's short interest history, or implied volatility extrapolated from Sixty Six options trading.
Build Portfolio with Sixty Six
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Other Information on Investing in Sixty Pink Sheet
Sixty Six financial ratios help investors to determine whether Sixty Pink Sheet 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 Sixty with respect to the benefits of owning Sixty Six security.