Trigon Metals Stock Alpha and Beta Analysis
| TM Stock | CAD 0.76 0.08 9.52% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Trigon Metals. It also helps investors analyze the systematic and unsystematic risks associated with investing in Trigon Metals over a specified time horizon. Remember, high Trigon Metals' 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 Trigon Metals' market risk premium analysis include:
Beta 0.46 | Alpha 0.21 | Risk 3.64 | Sharpe Ratio 0.12 | Expected Return 0.44 |
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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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Trigon Metals Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Trigon Metals market risk premium is the additional return an investor will receive from holding Trigon Metals 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 Trigon Metals. 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 Trigon Metals' performance over market.| α | 0.21 | β | 0.46 |
Trigon Metals 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 Trigon Metals' Buy-and-hold return. Our buy-and-hold chart shows how Trigon Metals performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Trigon Metals Market Price Analysis
Market price analysis indicators help investors to evaluate how Trigon Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trigon Metals shares will generate the highest return on investment. By understating and applying Trigon Metals stock market price indicators, traders can identify Trigon Metals position entry and exit signals to maximize returns.
Trigon Metals Return and Market Media
The median price of Trigon Metals for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 0.84 with a coefficient of variation of 12.5. The daily time series for the period is distributed with a sample standard deviation of 0.1, arithmetic mean of 0.82, and mean deviation of 0.08. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Copper Co. Achieves Key Production Milestone - Streetwise Reports | 09/20/2024 |
2 | Trigon Metals Director Shaw Resigns, Grants Stock Options in Board Shake-up PNTZF Stock News - StockTitan | 11/14/2024 |
About Trigon Metals 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 Trigon or other stocks. Alpha measures the amount that position in Trigon Metals 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.
| 2023 | 2024 (projected) | Graham Number | 8.04E-4 | 7.63E-4 | Receivables Turnover | 5.76 | 3.96 |
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 Trigon Metals 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, Trigon Metals' short interest history, or implied volatility extrapolated from Trigon Metals options trading.
Build Portfolio with Trigon Metals
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
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Additional Tools for Trigon Stock Analysis
When running Trigon Metals' price analysis, check to measure Trigon Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trigon Metals is operating at the current time. Most of Trigon Metals' value examination focuses on studying past and present price action to predict the probability of Trigon Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trigon Metals' price. Additionally, you may evaluate how the addition of Trigon Metals to your portfolios can decrease your overall portfolio volatility.