Tencent Holdings Stock Alpha and Beta Analysis
| TCTZF Stock | USD 38.61 1.03 2.60% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Tencent Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Tencent Holdings over a specified time horizon. Remember, high Tencent Holdings' 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 Tencent Holdings' market risk premium analysis include:
Beta 0.39 | Alpha 0.0873 | Risk 1.92 | Sharpe Ratio 0.0855 | Expected Return 0.16 |
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.
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Tencent Holdings Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Tencent Holdings market risk premium is the additional return an investor will receive from holding Tencent Holdings 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 Tencent Holdings. 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 Tencent Holdings' performance over market.| α | 0.09 | β | 0.39 |
Tencent Holdings 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 Tencent Holdings' Buy-and-hold return. Our buy-and-hold chart shows how Tencent Holdings performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Tencent Holdings Market Price Analysis
Market price analysis indicators help investors to evaluate how Tencent Holdings pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tencent Holdings shares will generate the highest return on investment. By understating and applying Tencent Holdings pink sheet market price indicators, traders can identify Tencent Holdings position entry and exit signals to maximize returns.
Tencent Holdings Return and Market Media
The median price of Tencent Holdings for the period between Wed, Jan 17, 2024 and Tue, Apr 16, 2024 is 36.5 with a coefficient of variation of 4.19. The daily time series for the period is distributed with a sample standard deviation of 1.54, arithmetic mean of 36.66, and mean deviation of 1.19. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Tencent Holdings 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 Tencent or other pink sheets. Alpha measures the amount that position in Tencent Holdings 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 Tencent Holdings 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, Tencent Holdings' short interest history, or implied volatility extrapolated from Tencent Holdings options trading.
Build Portfolio with Tencent Holdings
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.Build Diversified Portfolios
Align your risk with return expectations
Check out Tencent Holdings Backtesting, Tencent Holdings Valuation, Tencent Holdings Correlation, Tencent Holdings Hype Analysis, Tencent Holdings Volatility, Tencent Holdings History and analyze Tencent Holdings Performance. Note that the Tencent Holdings information on this page should be used as a complementary analysis to other Tencent Holdings' 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Tencent Pink Sheet analysis
When running Tencent Holdings' price analysis, check to measure Tencent Holdings' 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 Tencent Holdings is operating at the current time. Most of Tencent Holdings' value examination focuses on studying past and present price action to predict the probability of Tencent Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tencent Holdings' price. Additionally, you may evaluate how the addition of Tencent Holdings to your portfolios can decrease your overall portfolio volatility.
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Tencent Holdings technical pink sheet 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, pink sheet market cycles, or different charting patterns.