Chugai Pink Sheet Alpha and Beta Analysis

CHGCF
 Stock
  

USD 22.86  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 Chugai Pharmaceutical Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in Chugai Pharmaceutical over a specified time horizon. Remember, high Chugai Pharmaceutical'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.
Continue to Chugai Pharmaceutical Backtesting, Chugai Pharmaceutical Valuation, Chugai Pharmaceutical Correlation, Chugai Pharmaceutical Hype Analysis, Chugai Pharmaceutical Volatility, Chugai Pharmaceutical History and analyze Chugai Pharmaceutical Performance.
  
Please note that although Chugai Pharmaceutical 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, Chugai Pharmaceutical did 0.30  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 Chugai Pharmaceutical Co stock's relative risk over its benchmark. Chugai Pharmaceutical has a beta of 0.15  . Let's try to break down what Chugai's beta means in this case. As returns on the market increase, Chugai Pharmaceutical returns are expected to increase less than the market. However, during the bear market, the loss on holding Chugai Pharmaceutical will be expected to be smaller as well.
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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.

Chugai Pharmaceutical Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Chugai Pharmaceutical market risk premium is the additional return an investor will receive from holding Chugai Pharmaceutical 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 Chugai Pharmaceutical. 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 Chugai Pharmaceutical's performance over market.
α-0.3   β0.15
90 days against NYA

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

Chugai Pharmaceutical Market Price Analysis

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

Chugai Pharmaceutical Return and Market Media

The median price of Chugai Pharmaceutical for the period between Sat, Sep 10, 2022 and Fri, Dec 9, 2022 is 25.55 with a coefficient of variation of 7.79. The daily time series for the period is distributed with a sample standard deviation of 1.99, arithmetic mean of 25.48, and mean deviation of 1.66. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Chugai Pharmaceutical 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 Chugai or other otcs. Alpha measures the amount that position in Chugai Pharmaceutical 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 Chugai Pharmaceutical 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, Chugai Pharmaceutical's short interest history, or implied volatility extrapolated from Chugai Pharmaceutical options trading.

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Continue to Chugai Pharmaceutical Backtesting, Chugai Pharmaceutical Valuation, Chugai Pharmaceutical Correlation, Chugai Pharmaceutical Hype Analysis, Chugai Pharmaceutical Volatility, Chugai Pharmaceutical History and analyze Chugai Pharmaceutical Performance. Note that the Chugai Pharmaceutical information on this page should be used as a complementary analysis to other Chugai Pharmaceutical'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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