Genesis Technology (Taiwan) Alpha and Beta Analysis

6221 Stock  TWD 80.20  0.10  0.12%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Genesis Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in Genesis Technology over a specified time horizon. Remember, high Genesis Technology'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 Genesis Technology's market risk premium analysis include:
Beta
0.0173
Alpha
0.31
Risk
1.12
Sharpe Ratio
0.34
Expected Return
0.38
Please note that although Genesis Technology 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, Genesis Technology did 0.31  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 Genesis Technology stock's relative risk over its benchmark. Genesis Technology has a beta of 0.02  . As returns on the market increase, Genesis Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Genesis Technology is 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.
  
Check out Genesis Technology Backtesting, Genesis Technology Valuation, Genesis Technology Correlation, Genesis Technology Hype Analysis, Genesis Technology Volatility, Genesis Technology History and analyze Genesis Technology Performance.

Genesis Technology Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Genesis Technology market risk premium is the additional return an investor will receive from holding Genesis Technology 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 Genesis Technology. 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 Genesis Technology's performance over market.
α0.31   β0.02

Genesis Technology 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 Genesis Technology's Buy-and-hold return. Our buy-and-hold chart shows how Genesis Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Genesis Technology Market Price Analysis

Market price analysis indicators help investors to evaluate how Genesis Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Genesis Technology shares will generate the highest return on investment. By understating and applying Genesis Technology stock market price indicators, traders can identify Genesis Technology position entry and exit signals to maximize returns.

Genesis Technology Return and Market Media

The median price of Genesis Technology for the period between Tue, Jan 16, 2024 and Mon, Apr 15, 2024 is 69.5 with a coefficient of variation of 7.7. The daily time series for the period is distributed with a sample standard deviation of 5.43, arithmetic mean of 70.53, and mean deviation of 4.53. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

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

Build Portfolio with Genesis Technology

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

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Genesis Technology Backtesting, Genesis Technology Valuation, Genesis Technology Correlation, Genesis Technology Hype Analysis, Genesis Technology Volatility, Genesis Technology History and analyze Genesis Technology Performance.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Genesis Stock analysis

When running Genesis Technology's price analysis, check to measure Genesis Technology'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 Genesis Technology is operating at the current time. Most of Genesis Technology's value examination focuses on studying past and present price action to predict the probability of Genesis Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genesis Technology's price. Additionally, you may evaluate how the addition of Genesis Technology to your portfolios can decrease your overall portfolio volatility.
Commodity Directory
Find actively traded commodities issued by global exchanges
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Money Managers
Screen money managers from public funds and ETFs managed around the world
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Genesis Technology 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.
A focus of Genesis Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Genesis Technology 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...