Hitech Development (Sweden) Alpha and Beta Analysis
| HDW-B Stock | SEK 0.01 0.01 45.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Hitech Development Wireless. It also helps investors analyze the systematic and unsystematic risks associated with investing in Hitech Development over a specified time horizon. Remember, high Hitech Development'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 Hitech Development's market risk premium analysis include:
Beta 2.97 | Alpha (1.45) | Risk 12.42 | Sharpe Ratio (0.11) | Expected Return (1.41) |
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.
Hitech |
Hitech Development Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Hitech Development market risk premium is the additional return an investor will receive from holding Hitech Development 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 Hitech Development. 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 Hitech Development's performance over market.| α | -1.45 | β | 2.97 |
Hitech Development 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 Hitech Development's Buy-and-hold return. Our buy-and-hold chart shows how Hitech Development performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Hitech Development Market Price Analysis
Market price analysis indicators help investors to evaluate how Hitech Development stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hitech Development shares will generate the highest return on investment. By understating and applying Hitech Development stock market price indicators, traders can identify Hitech Development position entry and exit signals to maximize returns.
Hitech Development Return and Market Media
The median price of Hitech Development for the period between Fri, Feb 23, 2024 and Thu, May 23, 2024 is 0.027 with a coefficient of variation of 37.33. 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 did not receive any noticable media coverage during the period. Price Growth (%) |
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About Hitech Development 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 Hitech or other stocks. Alpha measures the amount that position in Hitech Development 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 Hitech Development 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, Hitech Development's short interest history, or implied volatility extrapolated from Hitech Development options trading.
Build Portfolio with Hitech Development
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
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Check out Hitech Development Backtesting, Hitech Development Valuation, Hitech Development Correlation, Hitech Development Hype Analysis, Hitech Development Volatility, Hitech Development History and analyze Hitech Development Performance. Note that the Hitech Development information on this page should be used as a complementary analysis to other Hitech Development's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Hitech Stock analysis
When running Hitech Development's price analysis, check to measure Hitech Development'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 Hitech Development is operating at the current time. Most of Hitech Development's value examination focuses on studying past and present price action to predict the probability of Hitech Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitech Development's price. Additionally, you may evaluate how the addition of Hitech Development to your portfolios can decrease your overall portfolio volatility.
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Hitech Development 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.