Enterprise Group Stock Alpha and Beta Analysis
| E Stock | CAD 1.11 0.01 0.91% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Enterprise Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eni SPA over a specified time horizon. Remember, high Eni SPA'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 Eni SPA's market risk premium analysis include:
Beta 0.31 | Alpha 0.59 | Risk 4.98 | Sharpe Ratio 0.12 | Expected Return 0.62 |
Eni SPA Quarterly Cash And Equivalents |
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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.
Eni |
Eni SPA Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Eni SPA market risk premium is the additional return an investor will receive from holding Eni SPA 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 Eni SPA. 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 Eni SPA's performance over market.| α | 0.59 | β | 0.31 |
Eni SPA 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 Eni SPA's Buy-and-hold return. Our buy-and-hold chart shows how Eni SPA performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Eni SPA Market Price Analysis
Market price analysis indicators help investors to evaluate how Eni SPA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eni SPA shares will generate the highest return on investment. By understating and applying Eni SPA stock market price indicators, traders can identify Eni SPA position entry and exit signals to maximize returns.
Eni SPA Return and Market Media
The median price of Eni SPA for the period between Mon, Jan 29, 2024 and Sun, Apr 28, 2024 is 0.86 with a coefficient of variation of 12.34. The daily time series for the period is distributed with a sample standard deviation of 0.11, arithmetic mean of 0.92, and mean deviation of 0.09. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Public Service Enterprise Group Issues FY 2024 Earnings Guidance - MarketBeat | 02/27/2024 |
2 | Impressive Earnings May Not Tell The Whole Story For Enterprise Group - Simply Wall St | 03/15/2024 |
3 | Wells Fargo Company Increases Public Service Enterprise Group Price Target to 70.00 - MarketBeat | 03/19/2024 |
4 | Insider Selling Public Service Enterprise Group Incorporated VP Sells 200 Shares of Stock - Defense World | 03/25/2024 |
5 | Public Service Enterprise Group Incorporated Revenue Breakdown NYSEPEG TradingView - TradingView | 03/28/2024 |
6 | Public Service Enterprise Group Incorporated Given Average Recommendation of Moderate Buy by ... - MarketBeat | 04/01/2024 |
7 | Enterprise Group Announces Agreement to Expand and Further Develop Its Business in Collaboration with Treaty 8 ... - The Globe and Mail | 04/23/2024 |
About Eni SPA 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 Eni or other stocks. Alpha measures the amount that position in Enterprise Group 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 111.35 | 109.25 | 81.28 | 125.68 | PTB Ratio | 0.47 | 0.55 | 0.92 | 0.86 |
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 Eni SPA 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, Eni SPA's short interest history, or implied volatility extrapolated from Eni SPA options trading.
Build Portfolio with Eni SPA
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
Check out Eni SPA Backtesting, Eni SPA Valuation, Eni SPA Correlation, Eni SPA Hype Analysis, Eni SPA Volatility, Eni SPA History and analyze Eni SPA Performance. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Eni Stock analysis
When running Eni SPA's price analysis, check to measure Eni SPA'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 Eni SPA is operating at the current time. Most of Eni SPA's value examination focuses on studying past and present price action to predict the probability of Eni SPA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eni SPA's price. Additionally, you may evaluate how the addition of Eni SPA to your portfolios can decrease your overall portfolio volatility.
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