Netbay Public (Thailand) Alpha and Beta Analysis
| NETBAY Stock | THB 20.20 0.10 0.50% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Netbay Public. It also helps investors analyze the systematic and unsystematic risks associated with investing in Netbay Public over a specified time horizon. Remember, high Netbay Public'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 Netbay Public's market risk premium analysis include:
Beta (0.20) | Alpha (0.33) | Risk 1.91 | Sharpe Ratio (0.15) | Expected Return (0.29) |
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.
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Netbay Public Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Netbay Public market risk premium is the additional return an investor will receive from holding Netbay Public 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 Netbay Public. 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 Netbay Public's performance over market.| α | -0.33 | β | -0.2 |
Netbay Public 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 Netbay Public's Buy-and-hold return. Our buy-and-hold chart shows how Netbay Public performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Netbay Public Market Price Analysis
Market price analysis indicators help investors to evaluate how Netbay Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Netbay Public shares will generate the highest return on investment. By understating and applying Netbay Public stock market price indicators, traders can identify Netbay Public position entry and exit signals to maximize returns.
Netbay Public Return and Market Media
The median price of Netbay Public for the period between Wed, Jan 31, 2024 and Tue, Apr 30, 2024 is 21.2 with a coefficient of variation of 8.76. The daily time series for the period is distributed with a sample standard deviation of 1.92, arithmetic mean of 21.93, and mean deviation of 1.72. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Netbay Public 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 Netbay or other stocks. Alpha measures the amount that position in Netbay 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 Netbay Public 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, Netbay Public's short interest history, or implied volatility extrapolated from Netbay Public options trading.
Build Portfolio with Netbay Public
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 Netbay Public Backtesting, Netbay Public Valuation, Netbay Public Correlation, Netbay Public Hype Analysis, Netbay Public Volatility, Netbay Public History and analyze Netbay Public Performance. Note that the Netbay Public information on this page should be used as a complementary analysis to other Netbay Public'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Netbay Stock analysis
When running Netbay Public's price analysis, check to measure Netbay Public'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 Netbay Public is operating at the current time. Most of Netbay Public's value examination focuses on studying past and present price action to predict the probability of Netbay Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netbay Public's price. Additionally, you may evaluate how the addition of Netbay Public to your portfolios can decrease your overall portfolio volatility.
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Netbay Public 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.