This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as EDP Renovaveis. It also helps investors analyze the systematic and unsystematic risks associated with investing in EDP Renovaveis over a specified time horizon. Remember, high EDP Renovaveis' 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.
Please note that although EDP Renovaveis 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, EDP Renovaveis did 0.23 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 EDP Renovaveis stock's relative risk over its benchmark. EDP Renovaveis has a beta of 0.42 . As returns on the market increase, EDP Renovaveis returns are expected to increase less than the market. However, during the bear market, the loss on holding EDP Renovaveis will be 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 EDP Renovaveis Backtesting, EDP Renovaveis Valuation, EDP Renovaveis Correlation, EDP Renovaveis Hype Analysis, EDP Renovaveis Volatility, EDP Renovaveis History and analyze EDP Renovaveis Performance.
EDP Renovaveis Market PremiumsInvestors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. EDP Renovaveis market risk premium is the additional return an investor will receive from holding EDP Renovaveis 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 EDP Renovaveis. 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 EDP Renovaveis' performance over market.
EDP Renovaveis expected buy-and-hold returnsAlthough buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of EDP Renovaveis' Buy-and-hold return. Our buy-and-hold chart shows how EDP Renovaveis performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.
EDP Renovaveis Market Price Analysis
Market price analysis indicators help investors to evaluate how EDP Renovaveis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EDP Renovaveis shares will generate the highest return on investment. By understating and applying EDP Renovaveis stock market price indicators, traders can identify EDP Renovaveis position entry and exit signals to maximize returns.
EDP Renovaveis Return and Market MediaThe median price of EDP Renovaveis for the period between Tue, Jul 4, 2023 and Mon, Oct 2, 2023 is 17.1 with a coefficient of variation of 4.37. The daily time series for the period is distributed with a sample standard deviation of 0.74, arithmetic mean of 17.04, and mean deviation of 0.59. The Stock did not receive any noticable media coverage during the period.
About EDP Renovaveis Beta and Alpha
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 EDP Renovaveis 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, EDP Renovaveis' short interest history, or implied volatility extrapolated from EDP Renovaveis options trading.
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Check out EDP Renovaveis Backtesting, EDP Renovaveis Valuation, EDP Renovaveis Correlation, EDP Renovaveis Hype Analysis, EDP Renovaveis Volatility, EDP Renovaveis History and analyze EDP Renovaveis Performance. You can also try the CEO Directory module to screen CEOs from public companies around the world.
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When running EDP Renovaveis' price analysis, check to measure EDP Renovaveis' 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 EDP Renovaveis is operating at the current time. Most of EDP Renovaveis' value examination focuses on studying past and present price action to predict the probability of EDP Renovaveis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDP Renovaveis' price. Additionally, you may evaluate how the addition of EDP Renovaveis to your portfolios can decrease your overall portfolio volatility.
EDP Renovaveis 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.