Accord Financial Corp Stock Alpha and Beta Analysis
| ACD Stock | CAD 4.72 0.05 1.05% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Accord Financial Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Accord Financial over a specified time horizon. Remember, high Accord Financial'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. Key technical indicators related to Accord Financial's market risk premium analysis include:
Beta 0.49 | Alpha (0.01) | Risk 2.69 | Sharpe Ratio 0.0034 | Expected Return 0.009 |
Enterprise Value |
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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.
Accord |
Accord Financial Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Accord Financial market risk premium is the additional return an investor will receive from holding Accord Financial 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 Accord Financial. 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 Accord Financial's performance over market.| α | -0.0089 | β | 0.49 |
Accord Financial 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 Accord Financial's Buy-and-hold return. Our buy-and-hold chart shows how Accord Financial performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Accord Financial Market Price Analysis
Market price analysis indicators help investors to evaluate how Accord Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Accord Financial shares will generate the highest return on investment. By understating and applying Accord Financial stock market price indicators, traders can identify Accord Financial position entry and exit signals to maximize returns.
Accord Financial Return and Market Media
The median price of Accord Financial for the period between Fri, Jan 19, 2024 and Thu, Apr 18, 2024 is 4.95 with a coefficient of variation of 4.03. The daily time series for the period is distributed with a sample standard deviation of 0.2, arithmetic mean of 4.95, and mean deviation of 0.16. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Accord Financial Share Price Crosses Below Two Hundred Day Moving Average of 5.16 - AmericanBankingNEWS | 02/29/2024 |
2 | BKM Wealth Management LLC Buys Shares of 182 Broadridge Financial Solutions, Inc. - Defense World | 03/26/2024 |
3 | Closing Bell Accord Financial Corp 7.00 Pct Debs down on Thursday - The Globe and Mail | 04/05/2024 |
4 | Closing Bell Accord Financial Corp 7.00 Pct Debs down on Wednesday - The Globe and Mail | 04/16/2024 |
About Accord Financial 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 Accord or other stocks. Alpha measures the amount that position in Accord Financial Corp 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0238 | 0.039 | 0.0488 | 0.0307 | Price To Sales Ratio | 1.51 | 1.52 | 0.5 | 0.47 |
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 Accord Financial 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, Accord Financial's short interest history, or implied volatility extrapolated from Accord Financial options trading.
Build Portfolio with Accord Financial
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Check out Accord Financial Backtesting, Accord Financial Valuation, Accord Financial Correlation, Accord Financial Hype Analysis, Accord Financial Volatility, Accord Financial History and analyze Accord Financial Performance. Note that the Accord Financial Corp information on this page should be used as a complementary analysis to other Accord Financial'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 the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Accord Stock analysis
When running Accord Financial's price analysis, check to measure Accord Financial'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 Accord Financial is operating at the current time. Most of Accord Financial's value examination focuses on studying past and present price action to predict the probability of Accord Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accord Financial's price. Additionally, you may evaluate how the addition of Accord Financial to your portfolios can decrease your overall portfolio volatility.
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Accord Financial 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.