HINDUSTAN Alpha and Beta Analysis

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HINDUNILVR -- India Stock  

INR 2,107  14.60  0.69%

This module allows you to check different measures of market premium (i.e. an alpha and beta) for all equities including HINDUSTAN UNILEVER, as well as systematic risk associated with investing in HINDUSTAN UNILEVER over a specified time horizon. Please check HINDUSTAN UNILEVER Backtesting, HINDUSTAN UNILEVER Valuation, HINDUSTAN UNILEVER Correlation, HINDUSTAN UNILEVER Hype Analysis, HINDUSTAN UNILEVER Volatility, HINDUSTAN UNILEVER History and analyze HINDUSTAN UNILEVER Performance.

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Please note that although HINDUSTAN UNILEVER alpha is a measure of relative return and represented here as a single number, it actually indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, HINDUSTAN UNILEVER did 0.1  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 HINDUSTAN UNILEVER relative risk over its benchmark. HINDUSTAN UNILEVER has beta of 0.07  . As returns on market increase, returns on owning HINDUSTAN UNILEVER are expected to decrease at a much smaller rate. During bear market, HINDUSTAN UNILEVER is likely to outperform the market. . Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility againt 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 a benchmark but still not compensate for the assumption of the volatility risk.

HINDUSTAN UNILEVER Market Premiums

α0.1   β-0.07
30 days against DJI

HINDUSTAN UNILEVER expected buy-and-hold returns

HINDUSTAN UNILEVER Market Price Analysis

HINDUSTAN UNILEVER Return and Market Media

The median price of HINDUSTAN UNILEVER for the period between Sat, Mar 7, 2020 and Fri, Jun 5, 2020 is 2154.1 with a coefficient of variation of 6.78. The daily time series for the period is distributed with a sample standard deviation of 145.43, arithmetic mean of 2145.41, and mean deviation of 119.24. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
      Timeline 

About HINDUSTAN UNILEVER 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 equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in HINDUSTAN UNILEVER 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.
Hindustan Unilever Limited, a consumer goods company, manufactures and sells home and personal care, food, and refreshment products in India and internationally. The company was founded in 1931 and is based in Mumbai, India. HINDUSTAN UNILEVER operates under Household Personal Products classification in India and is traded on National Stock Exchange of India.

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