Grizzly Discoveries Stock Alpha and Beta Analysis
| GZD Stock | CAD 0.03 0.01 16.67% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Grizzly Discoveries. It also helps investors analyze the systematic and unsystematic risks associated with investing in Grizzly Discoveries over a specified time horizon. Remember, high Grizzly Discoveries' 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 Grizzly Discoveries' market risk premium analysis include:
Beta (3.72) | Alpha 1.65 | Risk 18.3 | Sharpe Ratio 0.0705 | Expected Return 1.29 |
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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.
Grizzly |
Grizzly Discoveries Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Grizzly Discoveries market risk premium is the additional return an investor will receive from holding Grizzly Discoveries 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 Grizzly Discoveries. 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 Grizzly Discoveries' performance over market.| α | 1.65 | β | -3.72 |
Grizzly Discoveries 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 Grizzly Discoveries' Buy-and-hold return. Our buy-and-hold chart shows how Grizzly Discoveries performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Grizzly Discoveries Market Price Analysis
Market price analysis indicators help investors to evaluate how Grizzly Discoveries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grizzly Discoveries shares will generate the highest return on investment. By understating and applying Grizzly Discoveries stock market price indicators, traders can identify Grizzly Discoveries position entry and exit signals to maximize returns.
Grizzly Discoveries Return and Market Media
The median price of Grizzly Discoveries for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 0.03 with a coefficient of variation of 17.19. 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 0.0. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Closing Bell Grizzly Discoveries Inc flat on Thursday - The Globe and Mail | 04/22/2024 |
About Grizzly Discoveries 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 Grizzly or other stocks. Alpha measures the amount that position in Grizzly Discoveries 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.
| 2023 | 2024 (projected) | Days Sales Outstanding | 1.2K | 1.2K | PTB Ratio | 1.35 | 1.18 |
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 Grizzly Discoveries 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, Grizzly Discoveries' short interest history, or implied volatility extrapolated from Grizzly Discoveries options trading.
Build Portfolio with Grizzly Discoveries
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 Grizzly Discoveries Backtesting, Grizzly Discoveries Valuation, Grizzly Discoveries Correlation, Grizzly Discoveries Hype Analysis, Grizzly Discoveries Volatility, Grizzly Discoveries History and analyze Grizzly Discoveries Performance. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Grizzly Stock analysis
When running Grizzly Discoveries' price analysis, check to measure Grizzly Discoveries' 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 Grizzly Discoveries is operating at the current time. Most of Grizzly Discoveries' value examination focuses on studying past and present price action to predict the probability of Grizzly Discoveries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grizzly Discoveries' price. Additionally, you may evaluate how the addition of Grizzly Discoveries to your portfolios can decrease your overall portfolio volatility.
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Grizzly Discoveries 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.