VANACHAI GROUP (Thailand) Alpha and Beta Analysis

VNG
 Stock
  

THB 5.65  0.15  2.59%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as VANACHAI GROUP PUBLIC. It also helps investors analyze the systematic and unsystematic risks associated with investing in VANACHAI GROUP over a specified time horizon. Remember, high VANACHAI GROUP'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.
Also, please take a look at VANACHAI GROUP Backtesting, VANACHAI GROUP Valuation, VANACHAI GROUP Correlation, VANACHAI GROUP Hype Analysis, VANACHAI GROUP Volatility, VANACHAI GROUP History and analyze VANACHAI GROUP Performance.
  
Please note that although VANACHAI GROUP 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, VANACHAI GROUP did 0.19  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 VANACHAI GROUP PUBLIC stock's relative risk over its benchmark. VANACHAI GROUP PUBLIC has a beta of 0.18  . Let's try to break down what VANACHAI's beta means in this case. As returns on the market increase, returns on owning VANACHAI GROUP are expected to decrease at a much lower rate. During the bear market, VANACHAI GROUP is likely to outperform the market.
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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.

VANACHAI GROUP Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. VANACHAI GROUP market risk premium is the additional return an investor will receive from holding VANACHAI GROUP 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 VANACHAI GROUP. 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 VANACHAI GROUP's performance over market.
α-0.19   β-0.18
90 days against DJI

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

VANACHAI GROUP Market Price Analysis

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

VANACHAI GROUP Return and Market Media

The median price of VANACHAI GROUP for the period between Mon, Aug 29, 2022 and Sun, Nov 27, 2022 is 5.95 with a coefficient of variation of 5.41. The daily time series for the period is distributed with a sample standard deviation of 0.33, arithmetic mean of 6.12, and mean deviation of 0.3. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

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

Build Portfolio with VANACHAI GROUP

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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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
Also, please take a look at VANACHAI GROUP Backtesting, VANACHAI GROUP Valuation, VANACHAI GROUP Correlation, VANACHAI GROUP Hype Analysis, VANACHAI GROUP Volatility, VANACHAI GROUP History and analyze VANACHAI GROUP Performance. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for analysis

When running VANACHAI GROUP PUBLIC price analysis, check to measure VANACHAI GROUP'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 VANACHAI GROUP is operating at the current time. Most of VANACHAI GROUP's value examination focuses on studying past and present price action to predict the probability of VANACHAI GROUP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move VANACHAI GROUP's price. Additionally, you may evaluate how the addition of VANACHAI GROUP to your portfolios can decrease your overall portfolio volatility.
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VANACHAI GROUP 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.
A focus of VANACHAI GROUP technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of VANACHAI GROUP 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...