Compugen (Israel) Alpha and Beta Analysis
| CGEN Stock | ILA 516.60 5.00 0.96% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Compugen. It also helps investors analyze the systematic and unsystematic risks associated with investing in Compugen over a specified time horizon. Remember, high Compugen'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 Compugen's market risk premium analysis include:
Beta 0.14 | Alpha (0.35) | Risk 3.01 | Sharpe Ratio (0.23) | Expected Return (0.70) |
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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Compugen Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Compugen market risk premium is the additional return an investor will receive from holding Compugen 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 Compugen. 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 Compugen's performance over market.| α | -0.35 | β | 0.14 |
Compugen 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 Compugen's Buy-and-hold return. Our buy-and-hold chart shows how Compugen performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Compugen Market Price Analysis
Market price analysis indicators help investors to evaluate how Compugen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Compugen shares will generate the highest return on investment. By understating and applying Compugen stock market price indicators, traders can identify Compugen position entry and exit signals to maximize returns.
Compugen Return and Market Media
The median price of Compugen for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 658.7 with a coefficient of variation of 9.0. The daily time series for the period is distributed with a sample standard deviation of 59.18, arithmetic mean of 657.86, and mean deviation of 45.65. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Compugen 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 Compugen or other stocks. Alpha measures the amount that position in Compugen 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.
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 Compugen 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, Compugen's short interest history, or implied volatility extrapolated from Compugen options trading.
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Additional Information and Resources on Investing in Compugen Stock
When determining whether Compugen offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Compugen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Compugen Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Compugen Stock:Check out Compugen Backtesting, Compugen Valuation, Compugen Correlation, Compugen Hype Analysis, Compugen Volatility, Compugen History and analyze Compugen Performance. For information on how to trade Compugen Stock refer to our How to Trade Compugen Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Compugen 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.