Pasofino Gold Limited Stock Alpha and Beta Analysis

VEIN Stock  CAD 0.37  0.01  2.78%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Pasofino Gold Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in Pasofino Gold over a specified time horizon. Remember, high Pasofino 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 Pasofino Gold's market risk premium analysis include:
Sharpe Ratio
Expected Return
Please note that although Pasofino Gold 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, Pasofino Gold did 0.11  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 Pasofino Gold Limited stock's relative risk over its benchmark. Pasofino Gold Limited has a beta of 0.54  . As returns on the market increase, Pasofino Gold returns are expected to increase less than the market. However, during the bear market, the loss on holding Pasofino Gold will be expected to be smaller as well. .
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 Pasofino Gold Backtesting, Pasofino Gold Valuation, Pasofino Gold Correlation, Pasofino Gold Hype Analysis, Pasofino Gold Volatility, Pasofino Gold History and analyze Pasofino Gold Performance.

Pasofino Gold Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Pasofino Gold market risk premium is the additional return an investor will receive from holding Pasofino 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 Pasofino 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 Pasofino Gold's performance over market.
α-0.11   β0.54

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

Pasofino Gold Market Price Analysis

Market price analysis indicators help investors to evaluate how Pasofino 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 Pasofino Gold shares will generate the highest return on investment. By understating and applying Pasofino Gold stock market price indicators, traders can identify Pasofino Gold position entry and exit signals to maximize returns.

Pasofino Gold Return and Market Media

The median price of Pasofino Gold for the period between Tue, Sep 5, 2023 and Mon, Dec 4, 2023 is 0.41 with a coefficient of variation of 10.83. The daily time series for the period is distributed with a sample standard deviation of 0.05, arithmetic mean of 0.42, and mean deviation of 0.04. The Stock received some media coverage during the period.
 Price Growth (%)  
Li3 Lithium Corp. Appoints Robert Metcalfe LL.B. to Board of Directors -

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

Build Portfolio with Pasofino 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

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
Check out Pasofino Gold Backtesting, Pasofino Gold Valuation, Pasofino Gold Correlation, Pasofino Gold Hype Analysis, Pasofino Gold Volatility, Pasofino Gold History and analyze Pasofino Gold Performance.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Pasofino Stock analysis

When running Pasofino Gold's price analysis, check to measure Pasofino 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 Pasofino Gold is operating at the current time. Most of Pasofino Gold's value examination focuses on studying past and present price action to predict the probability of Pasofino 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 Pasofino Gold's price. Additionally, you may evaluate how the addition of Pasofino Gold to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
CEOs Directory
Screen CEOs from public companies around the world
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Find actively traded Exchange Traded Funds (ETF) from around the world
Pasofino 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.
A focus of Pasofino Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pasofino Gold 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...