Electrocore Llc Stock Alpha and Beta Analysis
| ECOR Stock | USD 11.21 1.29 13.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Electrocore LLC. It also helps investors analyze the systematic and unsystematic risks associated with investing in Electrocore LLC over a specified time horizon. Remember, high Electrocore LLC'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 Electrocore LLC's market risk premium analysis include:
Beta (0.66) | Alpha 1.15 | Risk 5.22 | Sharpe Ratio 0.22 | Expected Return 1.14 |
Enterprise Value |
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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.
Electrocore |
Electrocore LLC Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Electrocore LLC market risk premium is the additional return an investor will receive from holding Electrocore LLC 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 Electrocore LLC. 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 Electrocore LLC's performance over market.| α | 1.15 | β | -0.66 |
Electrocore LLC 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 Electrocore LLC's Buy-and-hold return. Our buy-and-hold chart shows how Electrocore LLC performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Electrocore LLC Market Price Analysis
Market price analysis indicators help investors to evaluate how Electrocore LLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Electrocore LLC shares will generate the highest return on investment. By understating and applying Electrocore LLC stock market price indicators, traders can identify Electrocore LLC position entry and exit signals to maximize returns.
Electrocore LLC Return and Market Media
The median price of Electrocore LLC for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 7.84 with a coefficient of variation of 29.66. The daily time series for the period is distributed with a sample standard deviation of 2.52, arithmetic mean of 8.5, and mean deviation of 2.21. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Joseph Errico of 100000 shares of Electrocore LLC at 0.5578 subject to Rule 16b-3 | 08/30/2024 |
2 | Acquisition by Theofilos Charles Steve of 16582 shares of Electrocore LLC subject to Rule 16b-3 | 09/03/2024 |
3 | We Think electroCore Can Afford To Drive Business Growth | 09/25/2024 |
4 | Insider Trading | 10/04/2024 |
5 | electroCore Inc Q2 2024 Earnings Call Highlights Record Revenue Growth and Strategic ... | 10/09/2024 |
6 | ElectroCore, Inc. A Bull Case Theory | 10/22/2024 |
7 | Insiders Rewarded With US488k Addition To Investment As electroCore Stock Hits US73m | 10/29/2024 |
8 | electroCore Announces Inducement Grant under NASDAQ Listing Rule 5635 | 11/08/2024 |
9 | ElectroCore GAAP EPS of -0.31 beats by 0.02, revenue of 6.55M misses by 0.16M | 11/13/2024 |
10 | electroCore to Participate at the Canaccord Genuity MedTech, Diagnostics and Digital Health Services Forum on November 21 | 11/14/2024 |
11 | electroCore, Inc. Q3 2024 Earnings Call Transcript | 11/15/2024 |
12 | electroCore Donates gammaCore Sapphire for Real World Evaluation of nVNS in Trauma Among Israelis | 11/19/2024 |
13 | electroCores Truvaga Plus Wins Womans World Magazine 50 over 50 Award | 11/20/2024 |
About Electrocore LLC 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 Electrocore or other stocks. Alpha measures the amount that position in Electrocore LLC 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 | 17.83 | 15.85 | Price To Sales Ratio | 2.05 | 1.94 |
Electrocore LLC Upcoming Company Events
As portrayed in its financial statements, the presentation of Electrocore LLC's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Electrocore LLC's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Electrocore LLC's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Electrocore LLC. Please utilize our Beneish M Score to check the likelihood of Electrocore LLC's management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Electrocore Stock Analysis
When running Electrocore LLC's price analysis, check to measure Electrocore LLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Electrocore LLC is operating at the current time. Most of Electrocore LLC's value examination focuses on studying past and present price action to predict the probability of Electrocore LLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrocore LLC's price. Additionally, you may evaluate how the addition of Electrocore LLC to your portfolios can decrease your overall portfolio volatility.