Zhongchao Stock Alpha and Beta Analysis
| ZCMD Stock | USD 1.34 0.04 3.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Zhongchao. It also helps investors analyze the systematic and unsystematic risks associated with investing in Zhongchao over a specified time horizon. Remember, high Zhongchao'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 Zhongchao's market risk premium analysis include:
Beta (0.15) | Alpha 0.36 | Risk 11.47 | Sharpe Ratio 0.0279 | Expected Return 0.32 |
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.
Zhongchao |
Zhongchao Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Zhongchao market risk premium is the additional return an investor will receive from holding Zhongchao 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 Zhongchao. 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 Zhongchao's performance over market.| α | 0.36 | β | -0.15 |
Zhongchao 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 Zhongchao's Buy-and-hold return. Our buy-and-hold chart shows how Zhongchao performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Zhongchao Market Price Analysis
Market price analysis indicators help investors to evaluate how Zhongchao stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhongchao shares will generate the highest return on investment. By understating and applying Zhongchao stock market price indicators, traders can identify Zhongchao position entry and exit signals to maximize returns.
Zhongchao Return and Market Media
The median price of Zhongchao for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 1.34 with a coefficient of variation of 26.59. The daily time series for the period is distributed with a sample standard deviation of 0.39, arithmetic mean of 1.48, and mean deviation of 0.29. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Whats Going On With Zhongchao Stock Today | 09/30/2024 |
2 | Zhongchao Inc. Readies Share Offering - TipRanks | 10/02/2024 |
3 | ZCMD Stock Surges Amid Market Volatility in Healthcare Sector | 10/28/2024 |
4 | ZCMD Stock Rises Significantly Amidst Market Fluctuations | 11/13/2024 |
5 | ZCMD Stock Surges Amidst Health Information Services Sector Rally | 11/25/2024 |
About Zhongchao 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 Zhongchao or other stocks. Alpha measures the amount that position in Zhongchao 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 | 276.62 | 235.58 | 56.64 | 53.81 | PTB Ratio | 1.36 | 1.0 | 0.46 | 0.44 |
Zhongchao Upcoming Company Events
As portrayed in its financial statements, the presentation of Zhongchao's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Zhongchao's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Zhongchao's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Zhongchao. Please utilize our Beneish M Score to check the likelihood of Zhongchao's management manipulating its earnings.
| 9th of May 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out Zhongchao Backtesting, Zhongchao Valuation, Zhongchao Correlation, Zhongchao Hype Analysis, Zhongchao Volatility, Zhongchao History and analyze Zhongchao Performance. For information on how to trade Zhongchao Stock refer to our How to Trade Zhongchao Stock guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Zhongchao 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.