Element Global Stock Alpha and Beta Analysis
| ELGL Stock | USD 0.0001 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Element Global. It also helps investors analyze the systematic and unsystematic risks associated with investing in Element Global over a specified time horizon. Remember, high Element Global'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 Element Global's market risk premium analysis include:
Beta 0.0 | Alpha 0.0 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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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Element Global Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Element Global market risk premium is the additional return an investor will receive from holding Element Global 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 Element Global. 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 Element Global's performance over market.| α | 0.00 | β | 0.00 |
Element Global 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 Element Global's Buy-and-hold return. Our buy-and-hold chart shows how Element Global performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Element Global Market Price Analysis
Market price analysis indicators help investors to evaluate how Element Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Element Global shares will generate the highest return on investment. By understating and applying Element Global stock market price indicators, traders can identify Element Global position entry and exit signals to maximize returns.
Element Global Return and Market Media
The median price of Element Global for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 1.0E-4 with a coefficient of variation of 0.0. The daily time series for the period is distributed with a sample standard deviation of 0.0, arithmetic mean of 0.0, and mean deviation of 0.0. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Element Solutions An Improving Story - Seeking Alpha | 09/04/2024 |
2 | Newcomer of the Year Laura Dottori-Attanasio drives change at Element Fleet Management - The Globe and Mail | 11/22/2024 |
About Element Global 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 Element or other stocks. Alpha measures the amount that position in Element Global 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 Element Global 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, Element Global's short interest history, or implied volatility extrapolated from Element Global options trading.
Build Portfolio with Element Global
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 Element Global Backtesting, Element Global Valuation, Element Global Correlation, Element Global Hype Analysis, Element Global Volatility, Element Global History and analyze Element Global Performance. For more information on how to buy Element Stock please use our How to buy in Element Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Element Global 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.