Aldeyra Stock Alpha and Beta Analysis
| ALDX Stock | USD 4.90 0.04 0.81% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Aldeyra. It also helps investors analyze the systematic and unsystematic risks associated with investing in Aldeyra over a specified time horizon. Remember, high Aldeyra'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 Aldeyra's market risk premium analysis include:
Beta 1.61 | Alpha (0.25) | Risk 3.79 | Sharpe Ratio (0.05) | Expected Return (0.19) |
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.
Aldeyra |
Aldeyra Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Aldeyra market risk premium is the additional return an investor will receive from holding Aldeyra 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 Aldeyra. 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 Aldeyra's performance over market.| α | -0.25 | β | 1.61 |
Aldeyra 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 Aldeyra's Buy-and-hold return. Our buy-and-hold chart shows how Aldeyra performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Aldeyra Market Price Analysis
Market price analysis indicators help investors to evaluate how Aldeyra stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aldeyra shares will generate the highest return on investment. By understating and applying Aldeyra stock market price indicators, traders can identify Aldeyra position entry and exit signals to maximize returns.
Aldeyra Return and Market Media
The median price of Aldeyra for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 5.38 with a coefficient of variation of 8.48. The daily time series for the period is distributed with a sample standard deviation of 0.46, arithmetic mean of 5.41, and mean deviation of 0.34. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Aldeyra Therapeutics to Participate in the H.C. Wainwright 26th Annual Global Investment Conference | 09/05/2024 |
2 | Disposition of 48021 shares by Brady Todd C of Aldeyra at 0.552 subject to Rule 16b-3 | 09/16/2024 |
3 | Lexington biotech resubmits dry eye drug for FDA approval a year after rejection | 10/03/2024 |
4 | Aldeyra Therapeutics Selected to Present at the Disruptive Innovations Symposium during the OSN New York Retina 2024 Meeting | 10/31/2024 |
5 | Aldeyra Therapeutics Insiders Who Sold Avert US58m Market Cap Dip | 11/14/2024 |
6 | BTIG sets shares target with buy rating on Aldeyra, cites FDA read | 11/18/2024 |
7 | Perceptive Advisors buys 200,000 shares of Aldeyra Therapeutics Incs common stock on Sept 19 - Reuters | 11/20/2024 |
About Aldeyra 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 Aldeyra or other stocks. Alpha measures the amount that position in Aldeyra 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.
Aldeyra Upcoming Company Events
As portrayed in its financial statements, the presentation of Aldeyra's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Aldeyra's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Aldeyra's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Aldeyra. Please utilize our Beneish M Score to check the likelihood of Aldeyra's management manipulating its earnings.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th 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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Additional Tools for Aldeyra Stock Analysis
When running Aldeyra's price analysis, check to measure Aldeyra's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aldeyra is operating at the current time. Most of Aldeyra's value examination focuses on studying past and present price action to predict the probability of Aldeyra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aldeyra's price. Additionally, you may evaluate how the addition of Aldeyra to your portfolios can decrease your overall portfolio volatility.