Savola (Saudi Arabia) Alpha and Beta Analysis

Stocks Saudi Arabia . 
Stock . Savola Group
2050 Stock  SAR 26.35  0.25  0.94%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Savola Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Savola over a specified time horizon. Remember, high Savola'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.
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Please note that although Savola 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., NYSE Composite index.) So in this particular case, Savola did 0.00  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 Savola Group stock's relative risk over its benchmark. Savola Group has a beta of 0.00  . Let's try to break down what Savola's beta means in this case. The returns on NYSE COMPOSITE and Savola are completely uncorrelated.
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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.

Savola Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Savola market risk premium is the additional return an investor will receive from holding Savola 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 Savola. 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 Savola's performance over market.
α0.00   β0.00
90 days against NYA

Savola Fundamentals Vs Peers

Comparing Savola's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Savola's direct or indirect competition across all of the common fundamentals between Savola and the related equities. This way, we can detect undervalued stocks with similar characteristics as Savola or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Savola's fundamental indicators could also be used in its relative valuation, which is a method of valuing Savola by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Savola to competition
FundamentalsSavolaPeer Average
Return On Equity0.06 %(0.31) %
Return On Asset0.0244 %(0.14) %
Profit Margin0.014 %(1.27) %
Operating Margin0.0405 %(5.51) %
Current Valuation25.69 B16.62 B
Shares Outstanding533.34 M571.82 M
Shares Owned by Insiders19.45 %10.09 %

Savola Opportunities

Savola Return and Market Media

The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

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

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

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