Ontrak Inc Stock Alpha and Beta Analysis
| OTRK Stock | USD 1.80 0.05 2.70% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Ontrak Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Ontrak over a specified time horizon. Remember, high Ontrak'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 Ontrak's market risk premium analysis include:
Beta 0.65 | Alpha (0.65) | Risk 8.24 | Sharpe Ratio (0.06) | Expected Return (0.47) |
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.
Ontrak |
Ontrak Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Ontrak market risk premium is the additional return an investor will receive from holding Ontrak 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 Ontrak. 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 Ontrak's performance over market.| α | -0.65 | β | 0.65 |
Ontrak 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 Ontrak's Buy-and-hold return. Our buy-and-hold chart shows how Ontrak performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Ontrak Market Price Analysis
Market price analysis indicators help investors to evaluate how Ontrak stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ontrak shares will generate the highest return on investment. By understating and applying Ontrak stock market price indicators, traders can identify Ontrak position entry and exit signals to maximize returns.
Ontrak Return and Market Media
The median price of Ontrak for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 2.26 with a coefficient of variation of 23.88. The daily time series for the period is distributed with a sample standard deviation of 0.56, arithmetic mean of 2.35, and mean deviation of 0.49. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Brandon LaVerne of 7000000 shares of Ontrak at 0.2227 subject to Rule 16b-3 | 09/10/2024 |
2 | Acquisition by Terren Peizer of 8888889 shares of Ontrak at 0.45 subject to Rule 16b-3 | 09/11/2024 |
3 | Ontrak Health Demonstrates Significant Improvement in Members Quality of Life from ReQoL Mental Health Assessment | 09/12/2024 |
4 | Acquisition by Terren Peizer of 13333333 shares of Ontrak at 0.45 subject to Rule 16b-3 | 09/13/2024 |
5 | Ontrak, Inc. Announces Reverse Stock Split | 09/19/2024 |
6 | Acquisition by Terren Peizer of tradable shares of Ontrak subject to Rule 16b-3 | 09/30/2024 |
7 | Ontrak Health Collaborates with Major Northeast Regional Plan to Bridge HEDIS Care Gaps Using Ontrak Quality Solution | 10/09/2024 |
8 | Ontrak files offering of common stock | 10/18/2024 |
9 | Ontrak, Inc. May Report Negative Earnings Know the Trend Ahead of Next Weeks Release | 11/06/2024 |
10 | Ontrak Health Announces 2024 Third Quarter Financial Results | 11/13/2024 |
11 | ARMISTICE CAPITAL, LLC Acquires New Stake in Ontrak Inc | 11/15/2024 |
12 | Disposition of 173 shares by Sherman Michael Edward of Ontrak at 1.77 subject to Rule 16b-3 | 11/20/2024 |
About Ontrak 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 Ontrak or other stocks. Alpha measures the amount that position in Ontrak 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) | Dividend Yield | 0.005088 | 0.0175 | 0.0157 | 0.0165 | Price To Sales Ratio | 20.92 | 8.84 | 5.27 | 5.01 |
Ontrak Upcoming Company Events
As portrayed in its financial statements, the presentation of Ontrak's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ontrak's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Ontrak's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Ontrak. Please utilize our Beneish M Score to check the likelihood of Ontrak's management manipulating its earnings.
| 20th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th 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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Check out Ontrak Backtesting, Ontrak Valuation, Ontrak Correlation, Ontrak Hype Analysis, Ontrak Volatility, Ontrak History and analyze Ontrak Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Ontrak 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.