Turcas Petrol (Turkey) Alpha and Beta Analysis
| TRCAS Stock | TRY 26.98 0.50 1.89% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Turcas Petrol AS. It also helps investors analyze the systematic and unsystematic risks associated with investing in Turcas Petrol over a specified time horizon. Remember, high Turcas Petrol'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 Turcas Petrol's market risk premium analysis include:
Beta (1.06) | Alpha 0.3 | Risk 3.39 | Sharpe Ratio 0.0553 | Expected Return 0.19 |
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.
Turcas |
Turcas Petrol Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Turcas Petrol market risk premium is the additional return an investor will receive from holding Turcas Petrol 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 Turcas Petrol. 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 Turcas Petrol's performance over market.| α | 0.30 | β | -1.06 |
Turcas Petrol 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 Turcas Petrol's Buy-and-hold return. Our buy-and-hold chart shows how Turcas Petrol performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Turcas Petrol Market Price Analysis
Market price analysis indicators help investors to evaluate how Turcas Petrol stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Turcas Petrol shares will generate the highest return on investment. By understating and applying Turcas Petrol stock market price indicators, traders can identify Turcas Petrol position entry and exit signals to maximize returns.
Turcas Petrol Return and Market Media
The median price of Turcas Petrol for the period between Tue, Jan 30, 2024 and Mon, Apr 29, 2024 is 26.4 with a coefficient of variation of 6.73. The daily time series for the period is distributed with a sample standard deviation of 1.79, arithmetic mean of 26.58, and mean deviation of 1.36. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Turcas Petrol 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 Turcas or other stocks. Alpha measures the amount that position in Turcas Petrol AS 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 Turcas Petrol 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, Turcas Petrol's short interest history, or implied volatility extrapolated from Turcas Petrol options trading.
Build Portfolio with Turcas Petrol
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 Turcas Petrol Backtesting, Turcas Petrol Valuation, Turcas Petrol Correlation, Turcas Petrol Hype Analysis, Turcas Petrol Volatility, Turcas Petrol History and analyze Turcas Petrol Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Turcas Stock analysis
When running Turcas Petrol's price analysis, check to measure Turcas Petrol'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 Turcas Petrol is operating at the current time. Most of Turcas Petrol's value examination focuses on studying past and present price action to predict the probability of Turcas Petrol's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turcas Petrol's price. Additionally, you may evaluate how the addition of Turcas Petrol to your portfolios can decrease your overall portfolio volatility.
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Turcas Petrol 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.