ALBEMARLE CODRN (Brazil) Alpha and Beta Analysis

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ALBEMARLE CODRN. It also helps investors analyze the systematic and unsystematic risks associated with investing in ALBEMARLE CODRN over a specified time horizon. Remember, high ALBEMARLE CODRN'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.
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Please note that although ALBEMARLE CODRN 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, ALBEMARLE CODRN did 0.48  better 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 ALBEMARLE CODRN stock's relative risk over its benchmark. ALBEMARLE CODRN has a beta of 0.0289  . Let's try to break down what ALBEMARLE's beta means in this case. As returns on the market increase, ALBEMARLE CODRN returns are expected to increase less than the market. However, during the bear market, the loss on holding ALBEMARLE CODRN will be expected to be smaller as well.
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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.

ALBEMARLE CODRN Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ALBEMARLE CODRN market risk premium is the additional return an investor will receive from holding ALBEMARLE CODRN 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 ALBEMARLE CODRN. 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 ALBEMARLE CODRN's performance over market.
α0.48   β0.0289
90 days against DJI

ALBEMARLE CODRN Fundamentals Vs Peers

Comparing ALBEMARLE CODRN's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ALBEMARLE CODRN's direct or indirect competition across all of the common fundamentals between ALBEMARLE CODRN and the related equities. This way, we can detect undervalued stocks with similar characteristics as ALBEMARLE CODRN or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ALBEMARLE CODRN's fundamental indicators could also be used in its relative valuation, which is a method of valuing ALBEMARLE CODRN by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare ALBEMARLE CODRN to competition
FundamentalsALBEMARLE CODRNPeer Average
Return On Equity8.83 %(0.31) %
Return On Asset3.61 %(0.14) %
Profit Margin11.31 %(1.27) %
Operating Margin18.05 %(5.51) %
Current Valuation104.66 B16.62 B
Shares Outstanding116.72 M571.82 M
Price to Earning78.46 X28.72 X

ALBEMARLE CODRN Opportunities

ALBEMARLE CODRN Return and Market Media

The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

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

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Please continue to Trending Equities. Note that the ALBEMARLE CODRN information on this page should be used as a complementary analysis to other ALBEMARLE CODRN's 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Other Tools for ALBEMARLE Stock

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