Intertek Group Plc Stock Alpha and Beta Analysis
| IKTSY Stock | USD 61.97 0.14 0.23% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Intertek Group Plc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Intertek Group over a specified time horizon. Remember, high Intertek Group'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 Intertek Group's market risk premium analysis include:
Beta 0.64 | Alpha 0.0844 | Risk 1.35 | Sharpe Ratio 0.09 | Expected Return 0.12 |
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.
Intertek |
Intertek Group Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Intertek Group market risk premium is the additional return an investor will receive from holding Intertek Group 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 Intertek Group. 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 Intertek Group's performance over market.| α | 0.08 | β | 0.64 |
Intertek Group 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 Intertek Group's Buy-and-hold return. Our buy-and-hold chart shows how Intertek Group performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Intertek Group Market Price Analysis
Market price analysis indicators help investors to evaluate how Intertek Group pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Intertek Group shares will generate the highest return on investment. By understating and applying Intertek Group pink sheet market price indicators, traders can identify Intertek Group position entry and exit signals to maximize returns.
Intertek Group Return and Market Media
The median price of Intertek Group for the period between Wed, Jan 31, 2024 and Tue, Apr 30, 2024 is 60.78 with a coefficient of variation of 4.6. The daily time series for the period is distributed with a sample standard deviation of 2.76, arithmetic mean of 60.09, and mean deviation of 2.4. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Intertek Group 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 Intertek or other pink sheets. Alpha measures the amount that position in Intertek Group Plc 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 Intertek Group 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, Intertek Group's short interest history, or implied volatility extrapolated from Intertek Group options trading.
Build Portfolio with Intertek Group
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 Intertek Group Backtesting, Intertek Group Valuation, Intertek Group Correlation, Intertek Group Hype Analysis, Intertek Group Volatility, Intertek Group History and analyze Intertek Group Performance. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Intertek Pink Sheet analysis
When running Intertek Group's price analysis, check to measure Intertek Group'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 Intertek Group is operating at the current time. Most of Intertek Group's value examination focuses on studying past and present price action to predict the probability of Intertek Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intertek Group's price. Additionally, you may evaluate how the addition of Intertek Group to your portfolios can decrease your overall portfolio volatility.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |
Intertek Group technical pink sheet 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, pink sheet market cycles, or different charting patterns.