Turcas Petrol (Turkey) Alpha and Beta Analysis

TRCAS Stock  TRY 26.40  0.58  2.15%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Turcas Petrol AS. It also helps investors analyze the systematic and unsystematic risks associated with investing in Turcas Petrol over a specified time horizon. Remember, high Turcas Petrol'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 Turcas Petrol's market risk premium analysis include:
Beta
(0.29)
Alpha
0.22
Risk
2.2
Sharpe Ratio
0.0602
Expected Return
0.13
Please note that although Turcas Petrol alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Turcas Petrol did 0.22  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Turcas Petrol AS stock's relative risk over its benchmark. Turcas Petrol AS has a beta of 0.29  . As returns on the market increase, returns on owning Turcas Petrol are expected to decrease at a much lower rate. During the bear market, Turcas Petrol is likely to outperform the market. .
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.
  
Check out Turcas Petrol Backtesting, Turcas Petrol Valuation, Turcas Petrol Correlation, Turcas Petrol Hype Analysis, Turcas Petrol Volatility, Turcas Petrol History and analyze Turcas Petrol Performance.

Turcas Petrol Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Turcas Petrol market risk premium is the additional return an investor will receive from holding Turcas Petrol 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 Turcas Petrol. 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 Turcas Petrol's performance over market.
α0.22   β-0.29

Turcas Petrol 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 Turcas Petrol's Buy-and-hold return. Our buy-and-hold chart shows how Turcas Petrol performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Turcas Petrol Market Price Analysis

Market price analysis indicators help investors to evaluate how Turcas Petrol stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Turcas Petrol shares will generate the highest return on investment. By understating and applying Turcas Petrol stock market price indicators, traders can identify Turcas Petrol position entry and exit signals to maximize returns.

Turcas Petrol Return and Market Media

The median price of Turcas Petrol for the period between Mon, Sep 23, 2024 and Sun, Dec 22, 2024 is 23.1 with a coefficient of variation of 7.54. The daily time series for the period is distributed with a sample standard deviation of 1.77, arithmetic mean of 23.45, and mean deviation of 1.35. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Turcas Petrol 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 Turcas or other stocks. Alpha measures the amount that position in Turcas Petrol AS 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 Turcas Petrol 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, Turcas Petrol's short interest history, or implied volatility extrapolated from Turcas Petrol options trading.

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Other Information on Investing in Turcas Stock

Turcas Petrol financial ratios help investors to determine whether Turcas 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 Turcas with respect to the benefits of owning Turcas Petrol security.