TES Co (Korea) Alpha and Beta Analysis
| 095610 Stock | KRW 24,100 200.00 0.82% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as TES Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in TES Co over a specified time horizon. Remember, high TES Co'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 TES Co's market risk premium analysis include:
Beta (0.20) | Alpha 0.38 | Risk 4.24 | Sharpe Ratio 0.12 | Expected Return 0.52 |
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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TES Co Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. TES Co market risk premium is the additional return an investor will receive from holding TES Co 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 TES Co. 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 TES Co's performance over market.| α | 0.38 | β | -0.2 |
TES Co 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 TES Co's Buy-and-hold return. Our buy-and-hold chart shows how TES Co performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.TES Co Market Price Analysis
Market price analysis indicators help investors to evaluate how TES Co stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TES Co shares will generate the highest return on investment. By understating and applying TES Co stock market price indicators, traders can identify TES Co position entry and exit signals to maximize returns.
TES Co Return and Market Media
The median price of TES Co for the period between Sun, Feb 4, 2024 and Sat, May 4, 2024 is 20100.0 with a coefficient of variation of 15.09. The daily time series for the period is distributed with a sample standard deviation of 3247.13, arithmetic mean of 21521.82, and mean deviation of 2740.66. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About TES Co 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 TES or other stocks. Alpha measures the amount that position in TES Co 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 TES Co 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, TES Co's short interest history, or implied volatility extrapolated from TES Co options trading.
Build Portfolio with TES Co
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 TES Co Backtesting, TES Co Valuation, TES Co Correlation, TES Co Hype Analysis, TES Co Volatility, TES Co History and analyze TES Co Performance. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for TES Stock analysis
When running TES Co's price analysis, check to measure TES Co'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 TES Co is operating at the current time. Most of TES Co's value examination focuses on studying past and present price action to predict the probability of TES Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TES Co's price. Additionally, you may evaluate how the addition of TES Co to your portfolios can decrease your overall portfolio volatility.
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TES Co 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.