Tucows Inc Stock Alpha and Beta Analysis
| TC Stock | CAD 24.82 0.54 2.13% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Tucows Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Tucows over a specified time horizon. Remember, high Tucows' 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 Tucows' market risk premium analysis include:
Beta 0.35 | Alpha (0.27) | Risk 3.08 | Sharpe Ratio (0.04) | Expected Return (0.11) |
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.
Tucows |
Tucows Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Tucows market risk premium is the additional return an investor will receive from holding Tucows 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 Tucows. 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 Tucows' performance over market.| α | -0.27 | β | 0.35 |
Tucows 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 Tucows' Buy-and-hold return. Our buy-and-hold chart shows how Tucows performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Tucows Market Price Analysis
Market price analysis indicators help investors to evaluate how Tucows stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tucows shares will generate the highest return on investment. By understating and applying Tucows stock market price indicators, traders can identify Tucows position entry and exit signals to maximize returns.
Tucows Return and Market Media
The median price of Tucows for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 26.83 with a coefficient of variation of 9.98. The daily time series for the period is distributed with a sample standard deviation of 2.66, arithmetic mean of 26.61, and mean deviation of 2.11. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | With Tucows Up 17, Insider Buyers Count Their Returns - Simply Wall St | 09/11/2024 |
2 | Tucows CEO Elliot Noss sells shares worth over 33,000 - Investing.com | 10/03/2024 |
3 | Tucows Announces Timing for Q3 2024 Financial Results News Release and Management Commentary - StockTitan | 10/24/2024 |
4 | Tucows Reports Narrower YY Loss In Q3 And 6.1 percent Revenue Increase - Barchart | 11/08/2024 |
About Tucows 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 Tucows or other stocks. Alpha measures the amount that position in Tucows Inc 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) | Days Sales Outstanding | 22.58 | 29.59 | 25.41 | 35.83 | PTB Ratio | 7.77 | 3.78 | 29.7 | 31.19 |
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 Tucows 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, Tucows' short interest history, or implied volatility extrapolated from Tucows options trading.
Build Portfolio with Tucows
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Align your risk with return expectations
Check out Tucows Backtesting, Tucows Valuation, Tucows Correlation, Tucows Hype Analysis, Tucows Volatility, Tucows History and analyze Tucows Performance. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Tucows 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.