Egain Stock Alpha and Beta Analysis
| EGAN Stock | USD 5.16 0.11 2.18% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as eGain. It also helps investors analyze the systematic and unsystematic risks associated with investing in EGain over a specified time horizon. Remember, high EGain'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 EGain's market risk premium analysis include:
Beta 2.68 | Alpha (0.75) | Risk 3.94 | Sharpe Ratio (0.13) | Expected Return (0.53) |
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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.
EGain |
EGain Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. EGain market risk premium is the additional return an investor will receive from holding EGain 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 EGain. 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 EGain's performance over market.| α | -0.75 | β | 2.68 |
EGain 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 EGain's Buy-and-hold return. Our buy-and-hold chart shows how EGain performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.EGain Market Price Analysis
Market price analysis indicators help investors to evaluate how EGain stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EGain shares will generate the highest return on investment. By understating and applying EGain stock market price indicators, traders can identify EGain position entry and exit signals to maximize returns.
EGain Return and Market Media
The median price of EGain for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 5.11 with a coefficient of variation of 15.5. The daily time series for the period is distributed with a sample standard deviation of 0.85, arithmetic mean of 5.48, and mean deviation of 0.65. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Top 3 Tech Stocks Youll Regret Missing In September | 09/12/2024 |
2 | Acquisition by Darukhanavala Phiroz P of 500 shares of EGain at 4.42 subject to Rule 16b-3 | 10/01/2024 |
3 | Insider Trading | 10/09/2024 |
4 | La conoscenza IA riunisce leader di pensiero e professionisti allevento eGain Solve 2024 | 10/15/2024 |
5 | eGain annonce des amliorations rvolutionnaires sa plateforme de gestions des connaissances base sur lIA, lors de la confrence Solve 24 | 10/30/2024 |
6 | eGain wins KMWorld Magazines Readers Choice Award for 2024 | 11/08/2024 |
7 | eGain earnings beat by 0.03, revenue fell short of estimates | 11/12/2024 |
8 | eGain to Showcase AI Knowledge Innovations and Best Practices at Stuttgart KM Days 2024 | 11/14/2024 |
About EGain 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 EGain or other stocks. Alpha measures the amount that position in eGain 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 14.38 | 13.36 | 10.13 | 6.59 | Days Of Inventory On Hand | 61.08 | 50.64 | 45.58 | 35.42 |
EGain Upcoming Company Events
As portrayed in its financial statements, the presentation of EGain's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, EGain's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of EGain's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of EGain. Please utilize our Beneish M Score to check the likelihood of EGain's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 12th of September 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Build Portfolio with EGain
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 EGain Backtesting, EGain Valuation, EGain Correlation, EGain Hype Analysis, EGain Volatility, EGain History and analyze EGain Performance. To learn how to invest in EGain Stock, please use our How to Invest in EGain guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
EGain 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.