COSCO SHIPPING (China) Alpha and Beta Analysis


CNY 11.97  0.30  2.44%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as COSCO SHIPPING HOLDINGS. It also helps investors analyze the systematic and unsystematic risks associated with investing in COSCO SHIPPING over a specified time horizon. Remember, high COSCO SHIPPING'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.
Please continue to COSCO SHIPPING Backtesting, COSCO SHIPPING Valuation, COSCO SHIPPING Correlation, COSCO SHIPPING Hype Analysis, COSCO SHIPPING Volatility, COSCO SHIPPING History and analyze COSCO SHIPPING Performance.
Please note that although COSCO SHIPPING 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, COSCO SHIPPING did 0.38  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 COSCO SHIPPING HOLDINGS stock's relative risk over its benchmark. COSCO SHIPPING HOLDINGS has a beta of 0.30  . Let's try to break down what COSCO's beta means in this case. As returns on the market increase, returns on owning COSCO SHIPPING are expected to decrease at a much lower rate. During the bear market, COSCO SHIPPING 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.

COSCO SHIPPING Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. COSCO SHIPPING market risk premium is the additional return an investor will receive from holding COSCO SHIPPING 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 COSCO SHIPPING. 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 COSCO SHIPPING's performance over market.
α-0.38   β-0.3
90 days against DJI

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

COSCO SHIPPING Market Price Analysis

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

COSCO SHIPPING Return and Market Media

The median price of COSCO SHIPPING for the period between Wed, Jun 29, 2022 and Tue, Sep 27, 2022 is 13.78 with a coefficient of variation of 5.94. The daily time series for the period is distributed with a sample standard deviation of 0.82, arithmetic mean of 13.87, and mean deviation of 0.63. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  

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

Build Portfolio with COSCO SHIPPING

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.

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Align your risk with return expectations

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Other Tools for COSCO Stock

When running COSCO SHIPPING HOLDINGS price analysis, check to measure COSCO SHIPPING'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 COSCO SHIPPING is operating at the current time. Most of COSCO SHIPPING's value examination focuses on studying past and present price action to predict the probability of COSCO SHIPPING's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move COSCO SHIPPING's price. Additionally, you may evaluate how the addition of COSCO SHIPPING to your portfolios can decrease your overall portfolio volatility.
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