AAZZF Stock Alpha and Beta Analysis

AAZZF -  USA Stock  

USD 9.15  0.17  1.89%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as A2Z SMART TECHNOLOGIES. It also helps investors analyze the systematic and unsystematic risks associated with investing in A2Z SMART over a specified time horizon. Remember, high A2Z SMART'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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AAZZF Beta 

 
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Please note that although A2Z SMART 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, A2Z SMART did 0.83  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 A2Z SMART TECHNOLOGIES stock's relative risk over its benchmark. A2Z SMART TECHNOLOGIES has a beta of 0.11  . Let's try to break down what AAZZF's beta means in this case. As returns on the market increase, returns on owning A2Z SMART are expected to decrease at a much lower rate. During the bear market, A2Z SMART is likely to outperform the market.
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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.

A2Z SMART Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. A2Z SMART market risk premium is the additional return an investor will receive from holding A2Z SMART 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 A2Z SMART. 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 A2Z SMART's performance over market.
α0.83   β-0.11
90 days against DJI

A2Z SMART Fundamentals Vs Peers

Comparing A2Z SMART'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 A2Z SMART's direct or indirect competition across all of the common fundamentals between A2Z SMART and the related equities. This way, we can detect undervalued stocks with similar characteristics as A2Z SMART or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of A2Z SMART's fundamental indicators could also be used in its relative valuation, which is a method of valuing A2Z SMART by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare A2Z SMART to competition
FundamentalsA2Z SMARTPeer Average
Return On Equity(426.08) %(0.31) %
Return On Asset(33.75) %(0.14) %
Operating Margin(259.77) %(5.51) %
Current Valuation254.86 M16.62 B
Shares Outstanding23.97 M571.82 M
Shares Owned by Insiders41.30 %10.09 %
Price to Book23.80 X9.51 X

A2Z SMART Opportunities

A2Z SMART Return and Market Media

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

About A2Z SMART 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 A2Z SMART TECHNOLOGIES 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.

A2Z SMART Investors Sentiment

The influence of A2Z SMART's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AAZZF. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 A2Z SMART 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, A2Z SMART's short interest history, or implied volatility extrapolated from A2Z SMART options trading.

Current Sentiment - AAZZF

A2Z SMART TECHNOLOGIES Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in A2Z SMART TECHNOLOGIES. What is your sentiment towards investing in A2Z SMART TECHNOLOGIES? Are you bullish or bearish?
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Please continue to Trending Equities. Note that the A2Z SMART TECHNOLOGIES information on this page should be used as a complementary analysis to other A2Z SMART's 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Other Tools for AAZZF Stock

When running A2Z SMART TECHNOLOGIES price analysis, check to measure A2Z SMART'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 A2Z SMART is operating at the current time. Most of A2Z SMART's value examination focuses on studying past and present price action to predict the probability of A2Z SMART's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move A2Z SMART's price. Additionally, you may evaluate how the addition of A2Z SMART to your portfolios can decrease your overall portfolio volatility.
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