Pyxis Tankers Stock Alpha and Beta Analysis
| PXS Stock | USD 3.98 0.10 2.45% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Pyxis Tankers. It also helps investors analyze the systematic and unsystematic risks associated with investing in Pyxis Tankers over a specified time horizon. Remember, high Pyxis Tankers' 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 Pyxis Tankers' market risk premium analysis include:
Beta 0.34 | Alpha (0.41) | Risk 1.74 | Sharpe Ratio (0.21) | Expected Return (0.36) |
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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.
Pyxis |
Pyxis Tankers Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Pyxis Tankers market risk premium is the additional return an investor will receive from holding Pyxis Tankers 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 Pyxis Tankers. 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 Pyxis Tankers' performance over market.| α | -0.41 | β | 0.34 |
Pyxis Tankers 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 Pyxis Tankers' Buy-and-hold return. Our buy-and-hold chart shows how Pyxis Tankers performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Pyxis Tankers Market Price Analysis
Market price analysis indicators help investors to evaluate how Pyxis Tankers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pyxis Tankers shares will generate the highest return on investment. By understating and applying Pyxis Tankers stock market price indicators, traders can identify Pyxis Tankers position entry and exit signals to maximize returns.
Pyxis Tankers Return and Market Media
The median price of Pyxis Tankers for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 4.94 with a coefficient of variation of 7.77. The daily time series for the period is distributed with a sample standard deviation of 0.37, arithmetic mean of 4.75, and mean deviation of 0.32. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Easterly Clear Ocean Announces Sale of Three Chemical Tankers and Capitalizes on Maritime Market Opportunity | 09/26/2024 |
2 | Teekay Tankers Laps the Stock Market Heres Why | 10/16/2024 |
3 | Insider Buyers At Okeanis Eco Tankers Sitting On US1.4m Profit | 10/31/2024 |
4 | Okeanis Eco Tankers Non-GAAP EPS of 0.45, revenue of 84.9M beats by 23.02M | 11/08/2024 |
5 | Okeanis Eco Tankers Corp. 2023 ESG Report | 11/11/2024 |
6 | Okeanis Eco Tankers reports insider share transfer | 11/14/2024 |
7 | Okeanis Eco Tankers Corp. Ex Dividend Date | 11/15/2024 |
8 | Okeanis Eco Tankers Sees High Trading Volume Key Insights | 11/19/2024 |
9 | Pyxis Tankers Announces Date for the Release of the Third Quarter 2024 Results and Related Conference Call Webcast | 11/20/2024 |
10 | Institutional investors in Pyxis Oncology, Inc. lost 11 percent last week but have reaped the benefits of longer-term growth | 11/21/2024 |
11 | Pyxis Tankers GAAP EPS of 0.31, revenue of 13.8M | 11/22/2024 |
About Pyxis Tankers 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 Pyxis or other stocks. Alpha measures the amount that position in Pyxis Tankers 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) | Dividend Yield | 0.007774 | 0.017 | 0.0179 | 0.0188 | Price To Sales Ratio | 2.73 | 0.88 | 0.98 | 0.93 |
Pyxis Tankers Upcoming Company Events
As portrayed in its financial statements, the presentation of Pyxis Tankers' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Pyxis Tankers' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Pyxis Tankers' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Pyxis Tankers. Please utilize our Beneish M Score to check the likelihood of Pyxis Tankers' management manipulating its earnings.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Additional Tools for Pyxis Stock Analysis
When running Pyxis Tankers' price analysis, check to measure Pyxis Tankers' 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 Pyxis Tankers is operating at the current time. Most of Pyxis Tankers' value examination focuses on studying past and present price action to predict the probability of Pyxis Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pyxis Tankers' price. Additionally, you may evaluate how the addition of Pyxis Tankers to your portfolios can decrease your overall portfolio volatility.