Eastern Water (Thailand) Alpha and Beta Analysis
| EASTW Stock | THB 3.50 0.02 0.57% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eastern Water Resources. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eastern Water over a specified time horizon. Remember, high Eastern Water'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 Eastern Water's market risk premium analysis include:
Beta (0.03) | Alpha (0.25) | Risk 1.29 | Sharpe Ratio (0.18) | Expected Return (0.23) |
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.
Eastern |
Eastern Water Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Eastern Water market risk premium is the additional return an investor will receive from holding Eastern Water 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 Eastern Water. 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 Eastern Water's performance over market.| α | -0.25 | β | -0.03 |
Eastern Water 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 Eastern Water's Buy-and-hold return. Our buy-and-hold chart shows how Eastern Water performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Eastern Water Market Price Analysis
Market price analysis indicators help investors to evaluate how Eastern Water stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eastern Water shares will generate the highest return on investment. By understating and applying Eastern Water stock market price indicators, traders can identify Eastern Water position entry and exit signals to maximize returns.
Eastern Water Return and Market Media
The median price of Eastern Water for the period between Fri, Feb 2, 2024 and Thu, May 2, 2024 is 3.54 with a coefficient of variation of 6.96. The daily time series for the period is distributed with a sample standard deviation of 0.26, arithmetic mean of 3.73, and mean deviation of 0.25. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Eastern Water 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 Eastern or other stocks. Alpha measures the amount that position in Eastern Water Resources 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 Eastern Water 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, Eastern Water's short interest history, or implied volatility extrapolated from Eastern Water options trading.
Build Portfolio with Eastern Water
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 Eastern Water Backtesting, Eastern Water Valuation, Eastern Water Correlation, Eastern Water Hype Analysis, Eastern Water Volatility, Eastern Water History and analyze Eastern Water Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Eastern Stock analysis
When running Eastern Water's price analysis, check to measure Eastern Water'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 Eastern Water is operating at the current time. Most of Eastern Water's value examination focuses on studying past and present price action to predict the probability of Eastern Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern Water's price. Additionally, you may evaluate how the addition of Eastern Water to your portfolios can decrease your overall portfolio volatility.
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Eastern Water technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.