22nd Century Group Stock Alpha and Beta Analysis
| XXII Stock | USD 0.09 0 4.04% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as 22nd Century Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in 22nd Century over a specified time horizon. Remember, high 22nd Century'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 22nd Century's market risk premium analysis include:
Beta 0.85 | Alpha (2.30) | Risk 8.91 | Sharpe Ratio (0.21) | Expected Return (1.91) |
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.
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22nd Century Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. 22nd Century market risk premium is the additional return an investor will receive from holding 22nd Century 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 22nd Century. 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 22nd Century's performance over market.| α | -2.3 | β | 0.85 |
22nd Century 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 22nd Century's Buy-and-hold return. Our buy-and-hold chart shows how 22nd Century performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.22nd Century Market Price Analysis
Market price analysis indicators help investors to evaluate how 22nd Century stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 22nd Century shares will generate the highest return on investment. By understating and applying 22nd Century stock market price indicators, traders can identify 22nd Century position entry and exit signals to maximize returns.
22nd Century Return and Market Media
The median price of 22nd Century for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 0.17 with a coefficient of variation of 53.74. The daily time series for the period is distributed with a sample standard deviation of 0.11, arithmetic mean of 0.2, and mean deviation of 0.09. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Marijuana Stock Movers For September 4, 2024 | 09/04/2024 |
2 | 22nd Century Satisfies IP Licensing and Sponsored Research Obligations to NCSU Through 2025 in an Equity Transaction | 09/09/2024 |
3 | 22nd Century Group, Inc. CEO Lawrence Firestone Purchases ,000 Shares | 09/13/2024 |
4 | 22nd Century Group Research Coverage Started at StockNews.com | 09/24/2024 |
5 | 22nd Century Group meets NASDAQ equity requirement - Investing.com | 09/30/2024 |
6 | 22nd Century Regains Compliance with Nasdaq Stockholders Equity Requirement | 10/08/2024 |
7 | 22nd Century Group, Inc. Short Interest Down 80.2 percent in September | 10/11/2024 |
8 | 22nd Century Group to Present at the LD Micro Main Event XVII on October 30 in Los Angeles | 10/21/2024 |
9 | Disposition of 350000 shares by Fleet Clifford B of 22nd Century subject to Rule 16b-3 | 10/31/2024 |
10 | 22nd Century Group Inc Q3 2024 Earnings Call Highlights Navigating Challenges and ... | 11/13/2024 |
About 22nd Century 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 22nd or other stocks. Alpha measures the amount that position in 22nd Century Group 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) | Payables Turnover | 13.29 | 29.71 | 9.2 | 7.63 | Days Of Inventory On Hand | 36.41 | 59.95 | 38.78 | 36.85 |
22nd Century Upcoming Company Events
As portrayed in its financial statements, the presentation of 22nd Century's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 22nd Century's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of 22nd Century's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of 22nd Century. Please utilize our Beneish M Score to check the likelihood of 22nd Century's management manipulating its earnings.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out 22nd Century Backtesting, 22nd Century Valuation, 22nd Century Correlation, 22nd Century Hype Analysis, 22nd Century Volatility, 22nd Century History and analyze 22nd Century Performance. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
22nd Century 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.