Emcore Stock Alpha and Beta Analysis
| EMKR Stock | USD 2.98 0.01 0.34% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as EMCORE. It also helps investors analyze the systematic and unsystematic risks associated with investing in EMCORE over a specified time horizon. Remember, high EMCORE'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 EMCORE's market risk premium analysis include:
Beta 1.46 | Alpha 1.85 | Risk 11.55 | Sharpe Ratio 0.19 | Expected Return 2.15 |
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.
EMCORE |
EMCORE Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. EMCORE market risk premium is the additional return an investor will receive from holding EMCORE 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 EMCORE. 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 EMCORE's performance over market.| α | 1.85 | β | 1.46 |
EMCORE 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 EMCORE's Buy-and-hold return. Our buy-and-hold chart shows how EMCORE performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.EMCORE Market Price Analysis
Market price analysis indicators help investors to evaluate how EMCORE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EMCORE shares will generate the highest return on investment. By understating and applying EMCORE stock market price indicators, traders can identify EMCORE position entry and exit signals to maximize returns.
EMCORE Return and Market Media
The median price of EMCORE for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 2.17 with a coefficient of variation of 36.93. The daily time series for the period is distributed with a sample standard deviation of 0.74, arithmetic mean of 1.99, and mean deviation of 0.64. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 1880 shares by Matthew Vargas of EMCORE subject to Rule 16b-3 | 09/19/2024 |
2 | Disposition of 2956 shares by Iain Black of EMCORE at 1.15 subject to Rule 16b-3 | 10/22/2024 |
3 | Velocity One Signs Merger Agreement with EMCORE | 11/08/2024 |
About EMCORE 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 EMCORE or other stocks. Alpha measures the amount that position in EMCORE 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) | Dividend Yield | 0.0238 | 0.025 | Price To Sales Ratio | 0.29 | 0.27 |
EMCORE Upcoming Company Events
As portrayed in its financial statements, the presentation of EMCORE's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, EMCORE's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of EMCORE's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of EMCORE. Please utilize our Beneish M Score to check the likelihood of EMCORE's management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 10th of December 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
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Additional Tools for EMCORE Stock Analysis
When running EMCORE's price analysis, check to measure EMCORE'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 EMCORE is operating at the current time. Most of EMCORE's value examination focuses on studying past and present price action to predict the probability of EMCORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMCORE's price. Additionally, you may evaluate how the addition of EMCORE to your portfolios can decrease your overall portfolio volatility.