Evolent Health (Germany) Alpha and Beta Analysis
| 9EH Stock | EUR 12.20 0.40 3.17% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Evolent Health. It also helps investors analyze the systematic and unsystematic risks associated with investing in Evolent Health over a specified time horizon. Remember, high Evolent Health'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 Evolent Health's market risk premium analysis include:
Beta (0.60) | Alpha (0.95) | Risk 6.05 | Sharpe Ratio (0.18) | Expected Return (1.10) |
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.
Evolent |
Evolent Health Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Evolent Health market risk premium is the additional return an investor will receive from holding Evolent Health 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 Evolent Health. 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 Evolent Health's performance over market.| α | -0.95 | β | -0.6 |
Evolent Health 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 Evolent Health's Buy-and-hold return. Our buy-and-hold chart shows how Evolent Health performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Evolent Health Market Price Analysis
Market price analysis indicators help investors to evaluate how Evolent Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evolent Health shares will generate the highest return on investment. By understating and applying Evolent Health stock market price indicators, traders can identify Evolent Health position entry and exit signals to maximize returns.
Evolent Health Return and Market Media
The median price of Evolent Health for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 23.8 with a coefficient of variation of 26.48. The daily time series for the period is distributed with a sample standard deviation of 5.82, arithmetic mean of 21.97, and mean deviation of 4.63. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Evolent Health 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 Evolent or other stocks. Alpha measures the amount that position in Evolent Health 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 Evolent Health 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, Evolent Health's short interest history, or implied volatility extrapolated from Evolent Health options trading.
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Additional Information and Resources on Investing in Evolent Stock
When determining whether Evolent Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evolent Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evolent Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evolent Health Stock:Check out Evolent Health Backtesting, Evolent Health Valuation, Evolent Health Correlation, Evolent Health Hype Analysis, Evolent Health Volatility, Evolent Health History and analyze Evolent Health Performance. For more detail on how to invest in Evolent Stock please use our How to Invest in Evolent Health guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Evolent Health 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.