Well Health Technologies Stock Alpha and Beta Analysis
| WELL Stock | CAD 5.86 0.31 5.59% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as WELL Health Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in WELL Health over a specified time horizon. Remember, high WELL Health'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 WELL Health's market risk premium analysis include:
Beta 1.45 | Alpha 0.16 | Risk 2.58 | Sharpe Ratio 0.2 | Expected Return 0.5 |
WELL Health Quarterly Cash And Equivalents |
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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.
WELL |
WELL Health Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. WELL Health market risk premium is the additional return an investor will receive from holding WELL Health 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 WELL Health. 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 WELL Health's performance over market.| α | 0.16 | β | 1.45 |
WELL Health 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 WELL Health's Buy-and-hold return. Our buy-and-hold chart shows how WELL Health performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.WELL Health Market Price Analysis
Market price analysis indicators help investors to evaluate how WELL Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WELL Health shares will generate the highest return on investment. By understating and applying WELL Health stock market price indicators, traders can identify WELL Health position entry and exit signals to maximize returns.
WELL Health Return and Market Media
The median price of WELL Health for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 4.43 with a coefficient of variation of 7.57. The daily time series for the period is distributed with a sample standard deviation of 0.35, arithmetic mean of 4.59, and mean deviation of 0.28. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Will Weakness in WELL Health Technologies Corp.s Stock Prove Temporary Given Strong Fundamentals - Yahoo Finance | 09/26/2024 |
2 | Stocks In Play WELL Health Technologies Corp. - Barchart | 11/07/2024 |
About WELL Health 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 WELL or other stocks. Alpha measures the amount that position in WELL Health Technologies 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 | 2024 (projected) | Graham Number | 3.42 | 2.54 | 0.15 | Receivables Turnover | 4.21 | 5.94 | 6.69 |
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 WELL Health 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, WELL Health's short interest history, or implied volatility extrapolated from WELL Health options trading.
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Other Information on Investing in WELL Stock
WELL Health financial ratios help investors to determine whether WELL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WELL with respect to the benefits of owning WELL Health security.