Oblong Inc Stock Alpha and Beta Analysis
| OBLG Stock | USD 3.51 0.02 0.57% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Oblong Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Oblong over a specified time horizon. Remember, high Oblong'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 Oblong's market risk premium analysis include:
Beta (0.91) | Alpha 0.8 | Risk 13.83 | Sharpe Ratio 0.051 | Expected Return 0.71 |
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.
Oblong |
Oblong Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Oblong market risk premium is the additional return an investor will receive from holding Oblong 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 Oblong. 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 Oblong's performance over market.| α | 0.80 | β | -0.91 |
Oblong 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 Oblong's Buy-and-hold return. Our buy-and-hold chart shows how Oblong performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Oblong Market Price Analysis
Market price analysis indicators help investors to evaluate how Oblong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oblong shares will generate the highest return on investment. By understating and applying Oblong stock market price indicators, traders can identify Oblong position entry and exit signals to maximize returns.
Oblong Return and Market Media
The median price of Oblong for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 3.77 with a coefficient of variation of 13.25. The daily time series for the period is distributed with a sample standard deviation of 0.51, arithmetic mean of 3.83, and mean deviation of 0.3. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Oblong 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 Oblong or other stocks. Alpha measures the amount that position in Oblong 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.
Oblong Upcoming Company Events
As portrayed in its financial statements, the presentation of Oblong's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Oblong's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Oblong's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Oblong. Please utilize our Beneish M Score to check the likelihood of Oblong's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out Oblong Backtesting, Oblong Valuation, Oblong Correlation, Oblong Hype Analysis, Oblong Volatility, Oblong History and analyze Oblong Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Oblong 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.