Color Star Technology Stock Alpha and Beta Analysis
| ADD Stock | USD 3.94 0.25 5.97% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Color Star Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in Color Star over a specified time horizon. Remember, high Color Star'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 Color Star's market risk premium analysis include:
Beta 3.49 | Alpha (3.54) | Risk 15.78 | Sharpe Ratio (0.18) | Expected Return (2.80) |
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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.
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Color Star Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Color Star market risk premium is the additional return an investor will receive from holding Color Star 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 Color Star. 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 Color Star's performance over market.| α | -3.54 | β | 3.49 |
Color Star 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 Color Star's Buy-and-hold return. Our buy-and-hold chart shows how Color Star performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Color Star Market Price Analysis
Market price analysis indicators help investors to evaluate how Color Star stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Color Star shares will generate the highest return on investment. By understating and applying Color Star stock market price indicators, traders can identify Color Star position entry and exit signals to maximize returns.
Color Star Return and Market Media
The median price of Color Star for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 20.0 with a coefficient of variation of 100.4. The daily time series for the period is distributed with a sample standard deviation of 50.84, arithmetic mean of 50.63, and mean deviation of 43.0. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Color Star Technology Announces Pricing of Initial 7.0 Million Tranche of up to 33.0 Million Registered Senior Secured Convertible Notes | 09/27/2024 |
2 | Color Star Technology Announces Major Securities Offering - TipRanks | 10/02/2024 |
3 | Short Interest in Color Star Technology Co., Ltd. Expands By 49.3 | 10/14/2024 |
4 | Color Star Technology Announces 100-for-1 Reverse Share Split | 11/13/2024 |
5 | Color Star Technology receives Nasdaqs letter regarding bid price deficiency - MSN | 11/20/2024 |
About Color Star 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 Color or other stocks. Alpha measures the amount that position in Color Star Technology 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.
| 2018 | 2023 | 2024 (projected) | Payables Turnover | 2.27 | 0.61 | 0.58 | Days Of Inventory On Hand | 4.77 | 0.9 | 0.86 |
Color Star Upcoming Company Events
As portrayed in its financial statements, the presentation of Color Star's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Color Star's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Color Star's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Color Star. Please utilize our Beneish M Score to check the likelihood of Color Star's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View |
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Check out Color Star Backtesting, Color Star Valuation, Color Star Correlation, Color Star Hype Analysis, Color Star Volatility, Color Star History and analyze Color Star Performance. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Color Star 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.