LALPATHLAB Alpha and Beta Analysis

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LALPATHLAB -- India Stock  

INR 1,571  46.85  2.90%

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

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Please note that although DR LAL 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, DR LAL did 0.037901  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 DR LAL PATHLABS stock's relative risk over its benchmark. DR LAL PATHLABS has a beta of 0.26  . Let's try to break down what LALPATHLAB's beta means in this case. As returns on the market increase, DR LAL returns are expected to increase less than the market. However, during the bear market, the loss on holding DR LAL 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.

DR LAL Market Premiums

α-0.04   β0.26
30 days against DJI

DR LAL expected buy-and-hold returns

DR LAL Market Price Analysis

DR LAL Return and Market Media

The median price of DR LAL for the period between Sun, Apr 5, 2020 and Sat, Jul 4, 2020 is 1543.6 with a coefficient of variation of 4.92. The daily time series for the period is distributed with a sample standard deviation of 74.92, arithmetic mean of 1523.34, and mean deviation of 58.07. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
      Timeline 

About DR LAL 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 DR LAL PATHLABS 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.

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