Millennium Group International Stock Alpha and Beta Analysis
| MGIH Stock | 1.63 0.04 2.52% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Millennium Group International. It also helps investors analyze the systematic and unsystematic risks associated with investing in Millennium Group over a specified time horizon. Remember, high Millennium 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 Millennium Group's market risk premium analysis include:
Beta 1.62 | Alpha 0.0252 | Risk 3.83 | Sharpe Ratio 0.0189 | Expected Return 0.0722 |
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.
Millennium |
Millennium Group Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Millennium Group market risk premium is the additional return an investor will receive from holding Millennium 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 Millennium 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 Millennium Group's performance over market.| α | 0.03 | β | 1.62 |
Millennium 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 Millennium Group's Buy-and-hold return. Our buy-and-hold chart shows how Millennium Group performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Millennium Group Market Price Analysis
Market price analysis indicators help investors to evaluate how Millennium Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Millennium Group shares will generate the highest return on investment. By understating and applying Millennium Group stock market price indicators, traders can identify Millennium Group position entry and exit signals to maximize returns.
Millennium Group Return and Market Media
The median price of Millennium Group for the period between Mon, Aug 19, 2024 and Sun, Nov 17, 2024 is 1.68 with a coefficient of variation of 6.14. The daily time series for the period is distributed with a sample standard deviation of 0.1, arithmetic mean of 1.66, and mean deviation of 0.08. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Millennium Shuts Two Trading Pods in Asia, Managers to Leave - BNN Bloomberg | 08/26/2024 |
2 | Millennium Group International Holdings Full Year 2024 Earnings US0.78 loss per share | 11/01/2024 |
About Millennium 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 Millennium or other stocks. Alpha measures the amount that position in Millennium Group Int 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.22 | 0.2 | Price To Sales Ratio | 0.45 | 0.73 |
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 Millennium 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, Millennium Group's short interest history, or implied volatility extrapolated from Millennium Group options trading.
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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 Millennium Group Backtesting, Millennium Group Valuation, Millennium Group Correlation, Millennium Group Hype Analysis, Millennium Group Volatility, Millennium Group History and analyze Millennium Group Performance. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Millennium Group 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.