Alterity Therapeutics Stock Alpha and Beta Analysis
| ATHE Stock | USD 1.06 0.01 0.95% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Alterity Therapeutics. It also helps investors analyze the systematic and unsystematic risks associated with investing in Alterity Therapeutics over a specified time horizon. Remember, high Alterity Therapeutics' 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 Alterity Therapeutics' market risk premium analysis include:
Beta 1.82 | Alpha (0.47) | Risk 3.26 | Sharpe Ratio (0.16) | Expected Return (0.51) |
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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.
Alterity |
Alterity Therapeutics Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Alterity Therapeutics market risk premium is the additional return an investor will receive from holding Alterity Therapeutics 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 Alterity Therapeutics. 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 Alterity Therapeutics' performance over market.| α | -0.47 | β | 1.82 |
Alterity Therapeutics 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 Alterity Therapeutics' Buy-and-hold return. Our buy-and-hold chart shows how Alterity Therapeutics performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Alterity Therapeutics Market Price Analysis
Market price analysis indicators help investors to evaluate how Alterity Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alterity Therapeutics shares will generate the highest return on investment. By understating and applying Alterity Therapeutics stock market price indicators, traders can identify Alterity Therapeutics position entry and exit signals to maximize returns.
Alterity Therapeutics Return and Market Media
The median price of Alterity Therapeutics for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 1.24 with a coefficient of variation of 8.71. The daily time series for the period is distributed with a sample standard deviation of 0.11, arithmetic mean of 1.25, and mean deviation of 0.08. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Alterity Therapeutics Unveils 2024 Annual Report - TipRanks | 09/25/2024 |
2 | Alterity Therapeutics Appoints Abby Macnish Niven as Chief Financial Officer - StockTitan | 09/30/2024 |
3 | 5 Beginner Breathing Exercises to Help Banish Stress | 10/24/2024 |
4 | Alterity Therapeutics Limited Short Interest Down 41.9 percent in October | 11/13/2024 |
5 | Alterity Therapeutics reports annual general meeting results | 11/22/2024 |
About Alterity Therapeutics 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 Alterity or other stocks. Alpha measures the amount that position in Alterity Therapeutics 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.
| 2023 | 2024 (projected) | Net Debt To EBITDA | 0.64 | 0.61 | Intangibles To Total Assets | 0.32 | 0.3 |
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 Alterity Therapeutics 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, Alterity Therapeutics' short interest history, or implied volatility extrapolated from Alterity Therapeutics options trading.
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Check out Alterity Therapeutics Backtesting, Alterity Therapeutics Valuation, Alterity Therapeutics Correlation, Alterity Therapeutics Hype Analysis, Alterity Therapeutics Volatility, Alterity Therapeutics History and analyze Alterity Therapeutics Performance. For information on how to trade Alterity Stock refer to our How to Trade Alterity Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Alterity Therapeutics 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.