Okeanis Eco Tankers Stock Alpha and Beta Analysis
| ECO Stock | 23.71 2.11 8.17% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Okeanis Eco Tankers. It also helps investors analyze the systematic and unsystematic risks associated with investing in Okeanis Eco over a specified time horizon. Remember, high Okeanis Eco'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 Okeanis Eco's market risk premium analysis include:
Beta 0.71 | Alpha (0.37) | Risk 2.5 | Sharpe Ratio (0.12) | Expected Return (0.29) |
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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.
Okeanis |
Okeanis Eco Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Okeanis Eco market risk premium is the additional return an investor will receive from holding Okeanis Eco 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 Okeanis Eco. 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 Okeanis Eco's performance over market.| α | -0.37 | β | 0.71 |
Okeanis Eco 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 Okeanis Eco's Buy-and-hold return. Our buy-and-hold chart shows how Okeanis Eco performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Okeanis Eco Market Price Analysis
Market price analysis indicators help investors to evaluate how Okeanis Eco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Okeanis Eco shares will generate the highest return on investment. By understating and applying Okeanis Eco stock market price indicators, traders can identify Okeanis Eco position entry and exit signals to maximize returns.
Okeanis Eco Return and Market Media
The median price of Okeanis Eco for the period between Tue, Aug 13, 2024 and Mon, Nov 11, 2024 is 30.71 with a coefficient of variation of 8.67. The daily time series for the period is distributed with a sample standard deviation of 2.67, arithmetic mean of 30.82, and mean deviation of 2.12. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Okeanis Eco dividend paid on 10th of September 2024 | 09/10/2024 |
1 | Okeanis Eco Tankers Top Management, Long-Term Double-Digit Yield Potential - Seeking Alpha | 09/23/2024 |
2 | Codexis Licenses Genomics Life Science Enzyme Portfolio to Alphazyme LLC, part of Maravai LifeSciences | 10/01/2024 |
3 | Q2 2024 Okeanis Eco Tankers Corp Earnings Call Transcript | 10/09/2024 |
4 | Okeanis Eco Tankers Corp Stock Price Down 3. percent on Oct 23 | 10/23/2024 |
5 | Sch Environnement volution de la gouvernance dECO | 11/04/2024 |
6 | Okeanis Eco Tankers Corp. Invitation to Q3 2024 Results Conference Call and Webcast | 11/05/2024 |
7 | Okeanis Eco Tankers GAAP EPS of 0.45 | 11/08/2024 |
About Okeanis Eco 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 Okeanis or other stocks. Alpha measures the amount that position in Okeanis Eco Tankers 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0115 | 0.0367 | 0.18 | 0.19 | Price To Sales Ratio | 1.66 | 1.97 | 2.14 | 2.48 |
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 Okeanis Eco 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, Okeanis Eco's short interest history, or implied volatility extrapolated from Okeanis Eco options trading.
Build Portfolio with Okeanis Eco
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 Okeanis Eco Backtesting, Okeanis Eco Valuation, Okeanis Eco Correlation, Okeanis Eco Hype Analysis, Okeanis Eco Volatility, Okeanis Eco History and analyze Okeanis Eco Performance. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Okeanis Eco 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.