SDI (Australia) Alpha and Beta Analysis
| SDI Stock | 0.79 0.03 3.95% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SDI. It also helps investors analyze the systematic and unsystematic risks associated with investing in SDI over a specified time horizon. Remember, high SDI'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 SDI's market risk premium analysis include:
Beta 0.19 | Alpha 0.003606 | Risk 1.78 | Sharpe Ratio (0.01) | Expected Return (0.02) |
SDI Quarterly Cash And Equivalents |
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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.
SDI |
SDI Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SDI market risk premium is the additional return an investor will receive from holding SDI 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 SDI. 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 SDI's performance over market.| α | 0 | β | 0.19 |
SDI 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 SDI's Buy-and-hold return. Our buy-and-hold chart shows how SDI performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.SDI Market Price Analysis
Market price analysis indicators help investors to evaluate how SDI stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SDI shares will generate the highest return on investment. By understating and applying SDI stock market price indicators, traders can identify SDI position entry and exit signals to maximize returns.
SDI Return and Market Media
The median price of SDI for the period between Fri, Mar 1, 2024 and Thu, May 30, 2024 is 0.85 with a coefficient of variation of 4.26. The daily time series for the period is distributed with a sample standard deviation of 0.04, arithmetic mean of 0.84, and mean deviation of 0.03. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Steel Dynamics Has Announced That It Will Be Increasing Its Dividend To 0.46 - Simply Wall St | 03/15/2024 |
2 | State of Michigan Retirement System Decreases Stake in Steel Dynamics, Inc. - Defense World | 04/04/2024 |
3 | Analysts Estimate Steel Dynamics to Report a Decline in Earnings What to Look Out for - Yahoo Finance | 04/16/2024 |
4 | Louisiana State Employees Retirement System Makes New 1.09 Million Investment in Steel Dynamics, Inc. NASDAQ ... - MarketBeat | 04/24/2024 |
5 | Is SDI Limiteds Recent Stock Performance Influenced By Its Fundamentals In Any Way - Yahoo Movies Canada | 05/06/2024 |
6 | National Bank of Canada FI Sells 15,537 Shares of Steel Dynamics, Inc. - MarketBeat | 05/10/2024 |
7 | SDI profit expected to slump 32 percent despite trading uptick in second half - Marketscreener.com | 05/20/2024 |
About SDI 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 SDI or other stocks. Alpha measures the amount that position in SDI 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 SDI 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, SDI's short interest history, or implied volatility extrapolated from SDI options trading.
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Check out SDI Backtesting, SDI Valuation, SDI Correlation, SDI Hype Analysis, SDI Volatility, SDI History and analyze SDI Performance. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for SDI Stock analysis
When running SDI's price analysis, check to measure SDI'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 SDI is operating at the current time. Most of SDI's value examination focuses on studying past and present price action to predict the probability of SDI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SDI's price. Additionally, you may evaluate how the addition of SDI to your portfolios can decrease your overall portfolio volatility.
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