ASPIRE Stock Alpha and Beta Analysis

ASPGF
 Stock
  

USD 9.55  0.00  0.00%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ASPIRE GLOBAL PLC. It also helps investors analyze the systematic and unsystematic risks associated with investing in ASPIRE GLOBAL over a specified time horizon. Remember, high ASPIRE GLOBAL'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 ASPIRE GLOBAL 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, ASPIRE GLOBAL did 0.27  worse 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 ASPIRE GLOBAL PLC stock's relative risk over its benchmark. ASPIRE GLOBAL PLC has a beta of 0.37  . Let's try to break down what ASPIRE's beta means in this case. As returns on the market increase, returns on owning ASPIRE GLOBAL are expected to decrease at a much lower rate. During the bear market, ASPIRE GLOBAL 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.

ASPIRE GLOBAL Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ASPIRE GLOBAL market risk premium is the additional return an investor will receive from holding ASPIRE GLOBAL 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 ASPIRE GLOBAL. 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 ASPIRE GLOBAL's performance over market.
α-0.27   β-0.37
90 days against DJI

ASPIRE GLOBAL Fundamentals Vs Peers

Comparing ASPIRE GLOBAL'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 ASPIRE GLOBAL's direct or indirect competition across all of the common fundamentals between ASPIRE GLOBAL and the related equities. This way, we can detect undervalued stocks with similar characteristics as ASPIRE GLOBAL or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ASPIRE GLOBAL's fundamental indicators could also be used in its relative valuation, which is a method of valuing ASPIRE GLOBAL by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare ASPIRE GLOBAL to competition
FundamentalsASPIRE GLOBALPeer Average
Return On Equity25.31 %(0.31) %
Return On Asset9.16 %(0.14) %
Profit Margin39.14 %(1.27) %
Operating Margin12.49 %(5.51) %
Current Valuation462.72 M16.62 B
Shares Outstanding46.55 M571.82 M
Shares Owned by Insiders76.84 %10.09 %

ASPIRE GLOBAL Opportunities

ASPIRE GLOBAL Return and Market Media

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

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

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Please continue to Trending Equities. Note that the ASPIRE GLOBAL PLC information on this page should be used as a complementary analysis to other ASPIRE GLOBAL'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Other Tools for ASPIRE Stock

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