Alpha Teknova Stock Alpha and Beta Analysis
| TKNO Stock | USD 7.35 0.34 4.85% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Alpha Teknova. It also helps investors analyze the systematic and unsystematic risks associated with investing in Alpha Teknova over a specified time horizon. Remember, high Alpha Teknova'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 Alpha Teknova's market risk premium analysis include:
Beta 1.65 | Alpha 0.7 | Risk 6.36 | Sharpe Ratio 0.15 | Expected Return 0.96 |
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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.
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Alpha Teknova Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Alpha Teknova market risk premium is the additional return an investor will receive from holding Alpha Teknova 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 Alpha Teknova. 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 Alpha Teknova's performance over market.| α | 0.70 | β | 1.65 |
Alpha Teknova 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 Alpha Teknova's Buy-and-hold return. Our buy-and-hold chart shows how Alpha Teknova performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Alpha Teknova Market Price Analysis
Market price analysis indicators help investors to evaluate how Alpha Teknova stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alpha Teknova shares will generate the highest return on investment. By understating and applying Alpha Teknova stock market price indicators, traders can identify Alpha Teknova position entry and exit signals to maximize returns.
Alpha Teknova Return and Market Media
The median price of Alpha Teknova for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 5.69 with a coefficient of variation of 18.98. The daily time series for the period is distributed with a sample standard deviation of 1.09, arithmetic mean of 5.74, and mean deviation of 1.01. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Alpha Teknova, Inc. Short Interest Update - MarketBeat | 09/27/2024 |
2 | Revenues Tell The Story For Alpha Teknova, Inc. As Its Stock Soars 42 | 10/15/2024 |
3 | Acquisition by Ken Gelhaus of 72500 shares of Alpha Teknova subject to Rule 16b-3 | 10/18/2024 |
4 | Several Factors Lifted Alpha Teknova in Q3 | 10/23/2024 |
5 | Conestoga Capital Advisors LLC Has 1.48 Million Position in Alpha Teknova, Inc. | 11/01/2024 |
6 | Alpha Teknova Inc Q3 2024 Earnings Report Preview What To Look For | 11/06/2024 |
7 | Alpha Teknova, Inc. Q3 2024 Earnings Call Transcript | 11/11/2024 |
8 | Acquisition by Telegraph Hill Partners Iv, L.p. of 6917837 shares of Alpha Teknova at 1.85 subject to Rule 16b-3 | 11/29/2024 |
About Alpha Teknova 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 Alpha or other stocks. Alpha measures the amount that position in Alpha Teknova 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 | 57.92 | 37.74 | 39.28 | 53.48 | PTB Ratio | 4.01 | 1.59 | 1.32 | 1.25 |
Alpha Teknova Upcoming Company Events
As portrayed in its financial statements, the presentation of Alpha Teknova's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alpha Teknova's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Alpha Teknova's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Alpha Teknova. Please utilize our Beneish M Score to check the likelihood of Alpha Teknova'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 Alpha Teknova Backtesting, Alpha Teknova Valuation, Alpha Teknova Correlation, Alpha Teknova Hype Analysis, Alpha Teknova Volatility, Alpha Teknova History and analyze Alpha Teknova Performance. To learn how to invest in Alpha Stock, please use our How to Invest in Alpha Teknova guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Alpha Teknova 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.