PARAGON GROUP (Germany) Alpha and Beta Analysis
| 46P1 Stock | EUR 7.95 0.20 2.58% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PARAGON GROUP. It also helps investors analyze the systematic and unsystematic risks associated with investing in PARAGON GROUP over a specified time horizon. Remember, high PARAGON GROUP'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 PARAGON GROUP's market risk premium analysis include:
Beta 0.0294 | Alpha (0.01) | Risk 1.24 | Sharpe Ratio 0.0143 | Expected Return 0.0177 |
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.
PARAGON |
PARAGON GROUP Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. PARAGON GROUP market risk premium is the additional return an investor will receive from holding PARAGON GROUP 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 PARAGON GROUP. 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 PARAGON GROUP's performance over market.| α | -0.01 | β | 0.03 |
PARAGON GROUP 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 PARAGON GROUP's Buy-and-hold return. Our buy-and-hold chart shows how PARAGON GROUP performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.PARAGON GROUP Market Price Analysis
Market price analysis indicators help investors to evaluate how PARAGON GROUP stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PARAGON GROUP shares will generate the highest return on investment. By understating and applying PARAGON GROUP stock market price indicators, traders can identify PARAGON GROUP position entry and exit signals to maximize returns.
PARAGON GROUP Return and Market Media
The median price of PARAGON GROUP for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 is 7.79 with a coefficient of variation of 2.61. The daily time series for the period is distributed with a sample standard deviation of 0.2, arithmetic mean of 7.74, and mean deviation of 0.17. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About PARAGON GROUP 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 PARAGON or other stocks. Alpha measures the amount that position in PARAGON 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 PARAGON GROUP 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, PARAGON GROUP's short interest history, or implied volatility extrapolated from PARAGON GROUP options trading.
Build Portfolio with PARAGON GROUP
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 PARAGON GROUP Backtesting, PARAGON GROUP Valuation, PARAGON GROUP Correlation, PARAGON GROUP Hype Analysis, PARAGON GROUP Volatility, PARAGON GROUP History and analyze PARAGON GROUP Performance. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for PARAGON Stock analysis
When running PARAGON GROUP's price analysis, check to measure PARAGON GROUP'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 PARAGON GROUP is operating at the current time. Most of PARAGON GROUP's value examination focuses on studying past and present price action to predict the probability of PARAGON GROUP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PARAGON GROUP's price. Additionally, you may evaluate how the addition of PARAGON GROUP to your portfolios can decrease your overall portfolio volatility.
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PARAGON GROUP 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.