Trio Petroleum Corp Stock Alpha and Beta Analysis
| TPET Stock | 1.01 0.08 7.34% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Trio Petroleum Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Trio Petroleum over a specified time horizon. Remember, high Trio Petroleum'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 Trio Petroleum's market risk premium analysis include:
Beta (0.23) | Alpha (1.61) | Risk 6.45 | Sharpe Ratio (0.31) | Expected Return (2.02) |
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.
Trio |
Trio Petroleum Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Trio Petroleum market risk premium is the additional return an investor will receive from holding Trio Petroleum 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 Trio Petroleum. 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 Trio Petroleum's performance over market.| α | -1.61 | β | -0.23 |
Trio Petroleum 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 Trio Petroleum's Buy-and-hold return. Our buy-and-hold chart shows how Trio Petroleum performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Trio Petroleum Market Price Analysis
Market price analysis indicators help investors to evaluate how Trio Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trio Petroleum shares will generate the highest return on investment. By understating and applying Trio Petroleum stock market price indicators, traders can identify Trio Petroleum position entry and exit signals to maximize returns.
Trio Petroleum Return and Market Media
The median price of Trio Petroleum for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 is 2.84 with a coefficient of variation of 39.34. The daily time series for the period is distributed with a sample standard deviation of 1.03, arithmetic mean of 2.61, and mean deviation of 0.91. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Trio Provides Operational Update - Yahoo Finance | 10/15/2024 |
2 | Disposition of 25000 shares by Pernice Thomas J of Trio Petroleum at 0.1535 subject to Rule 16b-3 | 10/17/2024 |
3 | Trio Petroleum director Thomas Pernice sells 3,837 in stock | 10/22/2024 |
4 | Trio Petroleum Announces Reverse Stock Split Plan - TipRanks | 11/04/2024 |
5 | Acquisition by Robin Ross of 100000 shares of Trio Petroleum subject to Rule 16b-3 | 11/15/2024 |
6 | Acquisition by Blake James Howard of 12500 shares of Trio Petroleum subject to Rule 16b-3 | 12/04/2024 |
About Trio Petroleum 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 Trio or other stocks. Alpha measures the amount that position in Trio Petroleum Corp 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) | PB Ratio | 29.31 | 27.85 | Capex To Depreciation | 752.09 | 668.52 |
Trio Petroleum Upcoming Company Events
As portrayed in its financial statements, the presentation of Trio Petroleum's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Trio Petroleum's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Trio Petroleum's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Trio Petroleum. Please utilize our Beneish M Score to check the likelihood of Trio Petroleum's management manipulating its earnings.
| 29th of April 2024 Upcoming Quarterly Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View |
Build Portfolio with Trio Petroleum
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
Additional Tools for Trio Stock Analysis
When running Trio Petroleum's price analysis, check to measure Trio Petroleum's 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 Trio Petroleum is operating at the current time. Most of Trio Petroleum's value examination focuses on studying past and present price action to predict the probability of Trio Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trio Petroleum's price. Additionally, you may evaluate how the addition of Trio Petroleum to your portfolios can decrease your overall portfolio volatility.