Granada Gold Mine Stock Alpha and Beta Analysis
| GGM Stock | CAD 0.04 0.01 20.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Granada Gold Mine. It also helps investors analyze the systematic and unsystematic risks associated with investing in Granada Gold over a specified time horizon. Remember, high Granada Gold'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 Granada Gold's market risk premium analysis include:
Beta 2.11 | Alpha 2.49 | Risk 20.2 | Sharpe Ratio 0.14 | Expected Return 2.85 |
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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.
Granada |
Granada Gold Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Granada Gold market risk premium is the additional return an investor will receive from holding Granada Gold 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 Granada Gold. 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 Granada Gold's performance over market.| α | 2.49 | β | 2.11 |
Granada Gold 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 Granada Gold's Buy-and-hold return. Our buy-and-hold chart shows how Granada Gold performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Granada Gold Market Price Analysis
Market price analysis indicators help investors to evaluate how Granada Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Granada Gold shares will generate the highest return on investment. By understating and applying Granada Gold stock market price indicators, traders can identify Granada Gold position entry and exit signals to maximize returns.
Granada Gold Return and Market Media
The median price of Granada Gold for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 0.02 with a coefficient of variation of 35.55. 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 received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Coniagas Battery Metals Investor Overview INN - Investing News Network | 03/25/2024 |
2 | Closing Bell Granada Gold Mine Inc flat on Tuesday - The Globe and Mail | 04/16/2024 |
About Granada Gold 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 Granada or other stocks. Alpha measures the amount that position in Granada Gold Mine 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 Granada Gold 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, Granada Gold's short interest history, or implied volatility extrapolated from Granada Gold options trading.
Build Portfolio with Granada Gold
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
Check out Granada Gold Backtesting, Granada Gold Valuation, Granada Gold Correlation, Granada Gold Hype Analysis, Granada Gold Volatility, Granada Gold History and analyze Granada Gold Performance. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Granada Stock analysis
When running Granada Gold's price analysis, check to measure Granada Gold'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 Granada Gold is operating at the current time. Most of Granada Gold's value examination focuses on studying past and present price action to predict the probability of Granada Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granada Gold's price. Additionally, you may evaluate how the addition of Granada Gold to your portfolios can decrease your overall portfolio volatility.
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Granada Gold 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.