Encore Energy Corp Etf Alpha and Beta Analysis
| EU Etf | USD 4.60 0.14 3.14% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as enCore Energy Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in EnCore Energy over a specified time horizon. Remember, high EnCore Energy'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 EnCore Energy's market risk premium analysis include:
Beta 2.21 | Alpha (0.14) | Risk 3 | Sharpe Ratio 0.0137 | Expected Return 0.041 |
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.
EnCore |
EnCore Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. EnCore Energy market risk premium is the additional return an investor will receive from holding EnCore Energy 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 EnCore Energy. 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 EnCore Energy's performance over market.| α | -0.14 | β | 2.21 |
EnCore Energy 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 EnCore Energy's Buy-and-hold return. Our buy-and-hold chart shows how EnCore Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.EnCore Energy Market Price Analysis
Market price analysis indicators help investors to evaluate how EnCore Energy etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EnCore Energy shares will generate the highest return on investment. By understating and applying EnCore Energy etf market price indicators, traders can identify EnCore Energy position entry and exit signals to maximize returns.
EnCore Energy Return and Market Media
The median price of EnCore Energy for the period between Wed, Jan 31, 2024 and Tue, Apr 30, 2024 is 4.33 with a coefficient of variation of 6.31. The daily time series for the period is distributed with a sample standard deviation of 0.27, arithmetic mean of 4.3, and mean deviation of 0.23. The Etf received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Ukraines War Effort May Get Boost from Frozen Russian Assets | 04/09/2024 |
2 | Oil inches up after U.S. reimposes Venezuela oil sanctions | 04/17/2024 |
3 | EU Regulator Claims Europe Cant Afford to Ditch Russian LNG Yet | 04/19/2024 |
4 | Is a Full-Blown Trade War Between the U.S. and China Looming | 04/22/2024 |
5 | EU Pressures ByteDance to Provide More Information on TikTok Lites Launch in France, Spain | 04/23/2024 |
6 | TikTok Lite rewards programme suspended after EU probe | 04/24/2024 |
7 | 10 Years Ago Today, Star Wars Changed Forever | 04/25/2024 |
8 | Has Europes Capital Markets Union Plan Stalled | 04/26/2024 |
About EnCore Energy 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 EnCore or other etfs. Alpha measures the amount that position in enCore Energy Corp 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.
EnCore Energy Upcoming Company Events
As portrayed in its financial statements, the presentation of EnCore Energy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, EnCore Energy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of EnCore Energy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of EnCore Energy. Please utilize our Beneish M Score to check the likelihood of EnCore Energy's management manipulating its earnings.
| 26th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with EnCore Energy
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 EnCore Energy Backtesting, Portfolio Optimization, EnCore Energy Correlation, EnCore Energy Hype Analysis, EnCore Energy Volatility, EnCore Energy History and analyze EnCore Energy Performance. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
EnCore Energy technical etf 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, etf market cycles, or different charting patterns.