The Alpha of a stock is another important investing metric that stock investors need to know about. In this article, we look at what it is and why investors need to know it.
What is the alpha of a stock?
Alpha, also known as the Jensen's alpha (after the famous American economist who devised the concept…
Xero (ASX:XRO) is one of the ASX’s best-performing tech stocks over the last decade, offering accounting software helping SMEs do business. After halving between November 2021 and November 2022 amidst the Tech Wreck, it has gained 150% since then and is still sitting in positive territory in CY25. Xero (ASX:XRO) share price chart, log scale (Source:…
This week's Australian stock of the week is Cleanaway Waste Management (ASX:CWY). Capitalised at $6bn, it is Australia's biggest waste management company and the only one that is listed, since Bingo was bought by Macquarie.Cleanaway has big ambitions for the future, wanting to play a role in recycling. And not just the 'stick paper and…
Core Lithium's (ASX:CXO) planned re-start of Finniss has got plenty of investors excited. Shares closed yesterday 35% higher than the day before, making the company one of the biggest gainers on the bourse. This is not just because investors in this company can see light at the end of the tunnel, but it bodes hope…
When thinking of who are the most successful ASX mining executives, it is those who hit paydirt and have exited their company having created substantial wealth - either through an M&A deal or departing of their own accord.But there's a question of where to next? Will they go to another sector, to another company or…
Some investors may think the only Directors duties are to 'create shareholder value'. Maybe in their eyes, but not the eyes of the law. Things happen in business that are outside the control of a company and its directors and the law acknowledges that. But of course, there are occasions when directors can act to…
Gorilla Gold Mines (ASX:GG8) has had a run in 12 months that its shareholders could only have dreamed of.The company wasn't even known as Gorilla Gold Mines a year ago. It was called Labyrinth Resources, so-called after one of two projects in Canada it held and would sell in early 2024 for a paltry US$3.5m.…
Every now and then in the mining game you meet people with a knack of finding more than one good project which eventually goes into production. While those people are always bankable, they're particularly bankable when the upside of their earlier discoveries is reaped by other companies, because that makes the original developers extra-motivated to…
ASX resources stocks with a DFS (Definitive Feasibility Study) have the best possible chance for investors to profit. Companies in such a position have a good idea of just how much money they can make if they bring their project into production. But they also have an idea of how much time and money it…
How will stocks be impacted by tariffs?
Its a long story, but few stocks can say that there'll be no impact. Even companies which could arguably be beneficiaries (like ship builder Austal (ASX:ASB)) are benefiting because of the tariffs.Stocks that do business in the USA could be impacted, particularly if they manufacture and ship goods…
