Omniab Inc Stock Alpha and Beta Analysis
| OABIW Stock | USD 0.28 0.02 6.67% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as OmniAb Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in OmniAb over a specified time horizon. Remember, high OmniAb'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 OmniAb's market risk premium analysis include:
Beta (0.31) | Alpha 0.39 | Risk 9.86 | Sharpe Ratio (0.01) | Expected Return (0.13) |
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.
OmniAb |
OmniAb Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. OmniAb market risk premium is the additional return an investor will receive from holding OmniAb 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 OmniAb. 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 OmniAb's performance over market.| α | 0.39 | β | -0.31 |
OmniAb 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 OmniAb's Buy-and-hold return. Our buy-and-hold chart shows how OmniAb performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.OmniAb Market Price Analysis
Market price analysis indicators help investors to evaluate how OmniAb stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OmniAb shares will generate the highest return on investment. By understating and applying OmniAb stock market price indicators, traders can identify OmniAb position entry and exit signals to maximize returns.
OmniAb Return and Market Media
The median price of OmniAb for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 is 0.37 with a coefficient of variation of 31.82. The daily time series for the period is distributed with a sample standard deviation of 0.11, arithmetic mean of 0.36, and mean deviation of 0.07. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | OmniAb Shares Gap Up to 4.29 - MarketBeat | 08/09/2024 |
2 | Acquisition by Berkman Charles S of 15622 shares of OmniAb subject to Rule 16b-3 | 09/09/2024 |
3 | OmniAb, Inc. Just Reported And Analysts Have Been Cutting Their Estimates - Simply Wall St | 11/15/2024 |
About OmniAb 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 OmniAb or other stocks. Alpha measures the amount that position in OmniAb Inc 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 Outstanding | 222.02 | 187.14 | 41.07 | 39.01 | PTB Ratio | 3.53 | 0.9 | 1.96 | 3.58 |
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 OmniAb 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, OmniAb's short interest history, or implied volatility extrapolated from OmniAb options trading.
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Additional Tools for OmniAb Stock Analysis
When running OmniAb's price analysis, check to measure OmniAb'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 OmniAb is operating at the current time. Most of OmniAb's value examination focuses on studying past and present price action to predict the probability of OmniAb's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OmniAb's price. Additionally, you may evaluate how the addition of OmniAb to your portfolios can decrease your overall portfolio volatility.