8x8 Common Stock Stock Alpha and Beta Analysis

EGHT Stock  USD 3.10  0.04  1.27%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as 8x8 Common Stock. It also helps investors analyze the systematic and unsystematic risks associated with investing in 8x8 Common over a specified time horizon. Remember, high 8x8 Common'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 8x8 Common's market risk premium analysis include:
Beta
1.85
Alpha
0.59
Risk
3.91
Sharpe Ratio
0.24
Expected Return
0.92
Please note that although 8x8 Common alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, 8x8 Common did 0.59  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of 8x8 Common Stock stock's relative risk over its benchmark. 8x8 Common Stock has a beta of 1.85  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 8x8 Common will likely underperform. At this time, 8x8 Common's Book Value Per Share is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 4.97 in 2024, whereas Enterprise Value Multiple is likely to drop 24.90 in 2024.

Enterprise Value

3.9 Billion

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.
  
Check out 8x8 Common Backtesting, 8x8 Common Valuation, 8x8 Common Correlation, 8x8 Common Hype Analysis, 8x8 Common Volatility, 8x8 Common History and analyze 8x8 Common Performance.

8x8 Common Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. 8x8 Common market risk premium is the additional return an investor will receive from holding 8x8 Common 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 8x8 Common. 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 8x8 Common's performance over market.
α0.59   β1.85

8x8 Common 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 8x8 Common's Buy-and-hold return. Our buy-and-hold chart shows how 8x8 Common performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

8x8 Common Market Price Analysis

Market price analysis indicators help investors to evaluate how 8x8 Common stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 8x8 Common shares will generate the highest return on investment. By understating and applying 8x8 Common stock market price indicators, traders can identify 8x8 Common position entry and exit signals to maximize returns.

8x8 Common Return and Market Media

The median price of 8x8 Common for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 2.01 with a coefficient of variation of 20.42. The daily time series for the period is distributed with a sample standard deviation of 0.45, arithmetic mean of 2.22, and mean deviation of 0.39. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
Acquisition by Hunter Middleton of 180000 shares of 8x8 Common subject to Rule 16b-3
09/13/2024
2
Disposition of 14072 shares by Hunter Middleton of 8x8 Common at 1.8338 subject to Rule 16b-3
09/16/2024
3
Disposition of 7333 shares by Suzy Seandel of 8x8 Common at 2.0767 subject to Rule 16b-3
10/16/2024
4
8x8 chief accounting officer Seandel sells 15,228 in stock
10/17/2024
5
8x8 Inc Q2 2025 Earnings Call Highlights Strong Revenue Growth and Strategic Debt Reduction
11/05/2024
6
8x8 Second Quarter 2025 Earnings Revenues Beat Expectations, EPS Lags
11/06/2024
7
Analysts Have Made A Financial Statement On 8x8, Inc.s Second-Quarter Report
11/07/2024
8
Why Fast-paced Mover 8x8 Is a Great Choice for Value Investors
11/13/2024
9
Disposition of 564 shares by Kevin Kraus of 8x8 Common at 2.81 subject to Rule 16b-3
11/15/2024
10
Insider Trading
11/18/2024
11
Disposition of 23773 shares by Laurence Denny of 8x8 Common at 3.007 subject to Rule 16b-3
11/22/2024
12
Insider Sell Alert Laurence Denny Sells 35,000 Shares of 8x8 Inc
11/26/2024
13
EGHT vs. SMAR Which Stock Should Value Investors Buy Now
11/29/2024

About 8x8 Common 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 8x8 or other stocks. Alpha measures the amount that position in 8x8 Common Stock 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)
Days Sales Outstanding32.8330.5729.5427.75
PTB Ratio7.834.843.184.97

8x8 Common Upcoming Company Events

As portrayed in its financial statements, the presentation of 8x8 Common's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 8x8 Common's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of 8x8 Common's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of 8x8 Common. Please utilize our Beneish M Score to check the likelihood of 8x8 Common's management manipulating its earnings.
31st of January 2024
Upcoming Quarterly Report
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9th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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9th of May 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of March 2023
Last Financial Announcement
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Build Portfolio with 8x8 Common

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.

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Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Additional Tools for 8x8 Stock Analysis

When running 8x8 Common's price analysis, check to measure 8x8 Common'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 8x8 Common is operating at the current time. Most of 8x8 Common's value examination focuses on studying past and present price action to predict the probability of 8x8 Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 8x8 Common's price. Additionally, you may evaluate how the addition of 8x8 Common to your portfolios can decrease your overall portfolio volatility.