Thanachart Capital (Thailand) Alpha and Beta Analysis
| TCAP Stock | THB 49.00 0.25 0.51% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Thanachart Capital Public. It also helps investors analyze the systematic and unsystematic risks associated with investing in Thanachart Capital over a specified time horizon. Remember, high Thanachart Capital'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 Thanachart Capital's market risk premium analysis include:
Beta 0.0783 | Alpha (0) | Risk 1.01 | Sharpe Ratio 0.0404 | Expected Return 0.0408 |
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.
Thanachart |
Thanachart Capital Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Thanachart Capital market risk premium is the additional return an investor will receive from holding Thanachart Capital 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 Thanachart Capital. 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 Thanachart Capital's performance over market.| α | -0.0031 | β | 0.08 |
Thanachart Capital 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 Thanachart Capital's Buy-and-hold return. Our buy-and-hold chart shows how Thanachart Capital performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Thanachart Capital Market Price Analysis
Market price analysis indicators help investors to evaluate how Thanachart Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thanachart Capital shares will generate the highest return on investment. By understating and applying Thanachart Capital stock market price indicators, traders can identify Thanachart Capital position entry and exit signals to maximize returns.
Thanachart Capital Return and Market Media
The median price of Thanachart Capital for the period between Sat, Feb 10, 2024 and Fri, May 10, 2024 is 48.25 with a coefficient of variation of 1.29. The daily time series for the period is distributed with a sample standard deviation of 0.63, arithmetic mean of 48.41, and mean deviation of 0.51. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Thanachart Capital 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 Thanachart or other stocks. Alpha measures the amount that position in Thanachart Capital Public 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 Thanachart Capital 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, Thanachart Capital's short interest history, or implied volatility extrapolated from Thanachart Capital options trading.
Build Portfolio with Thanachart Capital
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 Thanachart Capital Backtesting, Thanachart Capital Valuation, Thanachart Capital Correlation, Thanachart Capital Hype Analysis, Thanachart Capital Volatility, Thanachart Capital History and analyze Thanachart Capital Performance. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Thanachart Stock analysis
When running Thanachart Capital's price analysis, check to measure Thanachart Capital'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 Thanachart Capital is operating at the current time. Most of Thanachart Capital's value examination focuses on studying past and present price action to predict the probability of Thanachart Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thanachart Capital's price. Additionally, you may evaluate how the addition of Thanachart Capital to your portfolios can decrease your overall portfolio volatility.
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