PCL Technologies (Taiwan) Alpha and Beta Analysis
| 4977 Stock | TWD 72.00 0.70 0.96% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PCL Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in PCL Technologies over a specified time horizon. Remember, high PCL Technologies' 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 PCL Technologies' market risk premium analysis include:
Beta (0.57) | Alpha 0.0666 | Risk 1.74 | Sharpe Ratio (0.02) | Expected Return (0.03) |
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.
PCL |
PCL Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. PCL Technologies market risk premium is the additional return an investor will receive from holding PCL Technologies 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 PCL Technologies. 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 PCL Technologies' performance over market.| α | 0.07 | β | -0.57 |
PCL Technologies 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 PCL Technologies' Buy-and-hold return. Our buy-and-hold chart shows how PCL Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.PCL Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how PCL Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PCL Technologies shares will generate the highest return on investment. By understating and applying PCL Technologies stock market price indicators, traders can identify PCL Technologies position entry and exit signals to maximize returns.
PCL Technologies Return and Market Media
The median price of PCL Technologies for the period between Mon, Feb 5, 2024 and Sun, May 5, 2024 is 73.9 with a coefficient of variation of 3.55. The daily time series for the period is distributed with a sample standard deviation of 2.64, arithmetic mean of 74.44, and mean deviation of 2.01. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About PCL Technologies 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 PCL or other stocks. Alpha measures the amount that position in PCL Technologies 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 PCL Technologies 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, PCL Technologies' short interest history, or implied volatility extrapolated from PCL Technologies options trading.
Build Portfolio with PCL Technologies
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 PCL Technologies Backtesting, PCL Technologies Valuation, PCL Technologies Correlation, PCL Technologies Hype Analysis, PCL Technologies Volatility, PCL Technologies History and analyze PCL Technologies Performance. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for PCL Stock analysis
When running PCL Technologies' price analysis, check to measure PCL Technologies' 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 PCL Technologies is operating at the current time. Most of PCL Technologies' value examination focuses on studying past and present price action to predict the probability of PCL Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PCL Technologies' price. Additionally, you may evaluate how the addition of PCL Technologies to your portfolios can decrease your overall portfolio volatility.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
PCL Technologies 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.