Etrion OTC Stock Alpha and Beta Analysis

ETRXF -  USA Stock  

USD 0.02  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 Etrion Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Etrion Corp over a specified time horizon. Remember, high Etrion Corp'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 Etrion Corp Backtesting, Etrion Corp Valuation, Etrion Corp Correlation, Etrion Corp Hype Analysis, Etrion Corp Volatility, Etrion Corp History and analyze Etrion Corp Performance.

Etrion Beta 

 
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Please note that although Etrion Corp 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, Etrion Corp did 0.18  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 Etrion Corp stock's relative risk over its benchmark. Etrion Corp has a beta of 3.41  . Let's try to break down what Etrion's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Etrion Corp will likely underperform.
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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.

Etrion Corp Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Etrion Corp market risk premium is the additional return an investor will receive from holding Etrion Corp 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 Etrion Corp. 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 Etrion Corp's performance over market.
α-0.18   β3.41
90 days against DJI

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

Etrion Corp Market Price Analysis

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

Etrion Corp Return and Market Media

The median price of Etrion Corp for the period between Sun, Aug 29, 2021 and Sat, Nov 27, 2021 is 0.03 with a coefficient of variation of 45.62. The daily time series for the period is distributed with a sample standard deviation of 0.01, arithmetic mean of 0.03, and mean deviation of 0.01. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
      Timeline 

About Etrion Corp 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 Etrion Corp 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.

Etrion Corp Investors Sentiment

The influence of Etrion Corp'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 Etrion. 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 Etrion Corp 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, Etrion Corp's short interest history, or implied volatility extrapolated from Etrion Corp options trading.

Current Sentiment - ETRXF

Etrion Corp Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Etrion Corp. What is your opinion about investing in Etrion Corp? Are you bullish or bearish?
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Continue to Etrion Corp Backtesting, Etrion Corp Valuation, Etrion Corp Correlation, Etrion Corp Hype Analysis, Etrion Corp Volatility, Etrion Corp History and analyze Etrion Corp Performance. Note that the Etrion Corp information on this page should be used as a complementary analysis to other Etrion Corp'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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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