Elcora Advanced Materials Stock Alpha and Beta Analysis
| ECORF Stock | USD 0.03 0 9.33% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Elcora Advanced Materials. It also helps investors analyze the systematic and unsystematic risks associated with investing in Elcora Advanced over a specified time horizon. Remember, high Elcora Advanced'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 Elcora Advanced's market risk premium analysis include:
Beta 2.65 | Alpha 0.74 | Risk 9.02 | Sharpe Ratio 0.11 | Expected Return 0.95 |
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.
Elcora |
Elcora Advanced Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Elcora Advanced market risk premium is the additional return an investor will receive from holding Elcora Advanced 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 Elcora Advanced. 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 Elcora Advanced's performance over market.| α | 0.74 | β | 2.65 |
Elcora Advanced 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 Elcora Advanced's Buy-and-hold return. Our buy-and-hold chart shows how Elcora Advanced performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Elcora Advanced Market Price Analysis
Market price analysis indicators help investors to evaluate how Elcora Advanced 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 Elcora Advanced shares will generate the highest return on investment. By understating and applying Elcora Advanced pink sheet market price indicators, traders can identify Elcora Advanced position entry and exit signals to maximize returns.
Elcora Advanced Return and Market Media
The median price of Elcora Advanced for the period between Mon, Feb 5, 2024 and Sun, May 5, 2024 is 0.0236 with a coefficient of variation of 20.64. The daily time series for the period is distributed with a sample standard deviation of 0.0, arithmetic mean of 0.02, and mean deviation of 0.0. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Elcora Advanced 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 Elcora or other pink sheets. Alpha measures the amount that position in Elcora Advanced Materials 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 Elcora Advanced 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, Elcora Advanced's short interest history, or implied volatility extrapolated from Elcora Advanced options trading.
Build Portfolio with Elcora Advanced
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Check out Elcora Advanced Backtesting, Elcora Advanced Valuation, Elcora Advanced Correlation, Elcora Advanced Hype Analysis, Elcora Advanced Volatility, Elcora Advanced History and analyze Elcora Advanced Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Elcora Pink Sheet analysis
When running Elcora Advanced's price analysis, check to measure Elcora Advanced'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 Elcora Advanced is operating at the current time. Most of Elcora Advanced's value examination focuses on studying past and present price action to predict the probability of Elcora Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elcora Advanced's price. Additionally, you may evaluate how the addition of Elcora Advanced to your portfolios can decrease your overall portfolio volatility.
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Elcora Advanced 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, pink sheet market cycles, or different charting patterns.