Qantas OTC Stock Alpha and Beta Analysis


USD 15.16  0.37  2.38%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Qantas Airways ADR. It also helps investors analyze the systematic and unsystematic risks associated with investing in Qantas Airways over a specified time horizon. Remember, high Qantas Airways' 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.
Please see Qantas Airways Backtesting, Qantas Airways Valuation, Qantas Airways Correlation, Qantas Airways Hype Analysis, Qantas Airways Volatility, Qantas Airways History and analyze Qantas Airways Performance.
Please note that although Qantas Airways 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 index.) So in this particular case, Qantas Airways did 0.003  worse 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 Qantas Airways ADR stock's relative risk over its benchmark. Qantas Airways ADR has a beta of 0.92  . Let's try to break down what Qantas's beta means in this case. Qantas Airways returns are very sensitive to returns on the market. As the market goes up or down, Qantas Airways is expected to follow.
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.

Qantas Airways Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Qantas Airways market risk premium is the additional return an investor will receive from holding Qantas Airways 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 Qantas Airways. 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 Qantas Airways' performance over market.
α-0.003   β0.92
90 days against DJI

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

Qantas Airways Market Price Analysis

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

Qantas Airways Return and Market Media

The median price of Qantas Airways for the period between Sun, Jul 12, 2020 and Sat, Jul 2, 2022 is 18.37 with a coefficient of variation of 12.96. The daily time series for the period is distributed with a sample standard deviation of 2.31, arithmetic mean of 17.8, and mean deviation of 1.83. The Stock received some media coverage during the period.
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About Qantas Airways 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 equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Qantas Airways ADR 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.

Qantas Airways Investors Sentiment

The influence of Qantas Airways' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Qantas. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Qantas Airways 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, Qantas Airways' short interest history, or implied volatility extrapolated from Qantas Airways options trading.

Current Sentiment - QABSY

Qantas Airways ADR Investor Sentiment

Macroaxis portfolio users are evenly split in their perspective on investing in Qantas Airways ADR. What is your perspective on investing in Qantas Airways ADR? Are you bullish or bearish?
50% Bullish
50% Bearish

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Please see Qantas Airways Backtesting, Qantas Airways Valuation, Qantas Airways Correlation, Qantas Airways Hype Analysis, Qantas Airways Volatility, Qantas Airways History and analyze Qantas Airways Performance. Note that the Qantas Airways ADR information on this page should be used as a complementary analysis to other Qantas Airways' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Complementary Tools for Qantas OTC Stock analysis

When running Qantas Airways ADR price analysis, check to measure Qantas Airways' 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 Qantas Airways is operating at the current time. Most of Qantas Airways' value examination focuses on studying past and present price action to predict the probability of Qantas Airways' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Qantas Airways' price. Additionally, you may evaluate how the addition of Qantas Airways to your portfolios can decrease your overall portfolio volatility.
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Qantas Airways technical otc 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.
A focus of Qantas Airways technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Qantas Airways trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...