Generation Mining Stock Alpha and Beta Analysis

GENM Stock  CAD 0.24  0.02  9.09%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Generation Mining. It also helps investors analyze the systematic and unsystematic risks associated with investing in Generation Mining over a specified time horizon. Remember, high Generation Mining'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 Generation Mining's market risk premium analysis include:
Beta
6.19
Alpha
(0.47)
Risk
9.79
Sharpe Ratio
0.0514
Expected Return
0.5
Please note that although Generation Mining 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, Generation Mining did 0.47  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 Generation Mining stock's relative risk over its benchmark. Generation Mining has a beta of 6.19  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Generation Mining will likely underperform. .
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 Generation Mining Backtesting, Generation Mining Valuation, Generation Mining Correlation, Generation Mining Hype Analysis, Generation Mining Volatility, Generation Mining History and analyze Generation Mining Performance.

Generation Mining Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Generation Mining market risk premium is the additional return an investor will receive from holding Generation Mining 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 Generation Mining. 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 Generation Mining's performance over market.
α-0.47   β6.19

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

Generation Mining Market Price Analysis

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

Generation Mining Return and Market Media

The median price of Generation Mining for the period between Fri, Nov 24, 2023 and Thu, Feb 22, 2024 is 0.23 with a coefficient of variation of 15.76. The daily time series for the period is distributed with a sample standard deviation of 0.04, arithmetic mean of 0.23, and mean deviation of 0.02. The Stock received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
NOVA ANNOUNCES SHAREHOLDER APPROVAL OF ... - Marketscreener.com
11/27/2023
2
TeraWulf Announces November 2023 Production and Operations ... - Marketscreener.com
12/04/2023
3
Hut 8 Mining downgraded to Sell by analyst, merger with USBTC a shotgun wedding By Investing.com - Investing.com
02/06/2024

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

Build Portfolio with Generation Mining

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Complementary Tools for Generation Stock analysis

When running Generation Mining's price analysis, check to measure Generation Mining'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 Generation Mining is operating at the current time. Most of Generation Mining's value examination focuses on studying past and present price action to predict the probability of Generation Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Generation Mining's price. Additionally, you may evaluate how the addition of Generation Mining to your portfolios can decrease your overall portfolio volatility.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Generation Mining 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.
A focus of Generation Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Generation Mining 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...