PFIZER DRN (Brazil) Alpha and Beta Analysis


BRL 57.02  0.02  0.0351%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PFIZER DRN. It also helps investors analyze the systematic and unsystematic risks associated with investing in PFIZER DRN over a specified time horizon. Remember, high PFIZER DRN'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 check PFIZER DRN Backtesting, PFIZER DRN Valuation, PFIZER DRN Correlation, PFIZER DRN Hype Analysis, PFIZER DRN Volatility, PFIZER DRN History and analyze PFIZER DRN Performance.
Please note that although PFIZER DRN 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, PFIZER DRN did 0.29  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 PFIZER DRN stock's relative risk over its benchmark. PFIZER DRN has a beta of 0.16  . Let's try to break down what PFIZER's beta means in this case. As returns on the market increase, PFIZER DRN returns are expected to increase less than the market. However, during the bear market, the loss on holding PFIZER DRN will be expected to be smaller as well.
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.

PFIZER DRN Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. PFIZER DRN market risk premium is the additional return an investor will receive from holding PFIZER DRN 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 PFIZER DRN. 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 PFIZER DRN's performance over market.
α-0.29   β0.16
90 days against DJI

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

PFIZER DRN Market Price Analysis

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

PFIZER DRN Return and Market Media

The median price of PFIZER DRN for the period between Fri, Jul 8, 2022 and Thu, Oct 6, 2022 is 62.97 with a coefficient of variation of 7.2. The daily time series for the period is distributed with a sample standard deviation of 4.55, arithmetic mean of 63.26, and mean deviation of 3.87. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  

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

Build Portfolio with PFIZER DRN

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
Please check PFIZER DRN Backtesting, PFIZER DRN Valuation, PFIZER DRN Correlation, PFIZER DRN Hype Analysis, PFIZER DRN Volatility, PFIZER DRN History and analyze PFIZER DRN Performance. Note that the PFIZER DRN information on this page should be used as a complementary analysis to other PFIZER DRN'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for PFIZER Stock

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