Avanos Medical (Germany) Alpha and Beta Analysis
| 8HH Stock | 17.50 0.60 3.55% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Avanos Medical. It also helps investors analyze the systematic and unsystematic risks associated with investing in Avanos Medical over a specified time horizon. Remember, high Avanos Medical'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 Avanos Medical's market risk premium analysis include:
Beta 2.15 | Alpha (0.49) | Risk 2.85 | Sharpe Ratio (0.08) | Expected Return (0.23) |
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.
Avanos |
Avanos Medical Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Avanos Medical market risk premium is the additional return an investor will receive from holding Avanos Medical 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 Avanos Medical. 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 Avanos Medical's performance over market.| α | -0.49 | β | 2.15 |
Avanos Medical 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 Avanos Medical's Buy-and-hold return. Our buy-and-hold chart shows how Avanos Medical performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Avanos Medical Market Price Analysis
Market price analysis indicators help investors to evaluate how Avanos Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avanos Medical shares will generate the highest return on investment. By understating and applying Avanos Medical stock market price indicators, traders can identify Avanos Medical position entry and exit signals to maximize returns.
Avanos Medical Return and Market Media
The median price of Avanos Medical for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 20.8 with a coefficient of variation of 7.47. The daily time series for the period is distributed with a sample standard deviation of 1.5, arithmetic mean of 20.11, and mean deviation of 1.2. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Avanos Medical 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 Avanos or other stocks. Alpha measures the amount that position in Avanos Medical 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 Avanos Medical 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, Avanos Medical's short interest history, or implied volatility extrapolated from Avanos Medical options trading.
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Additional Tools for Avanos Stock Analysis
When running Avanos Medical's price analysis, check to measure Avanos Medical'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 Avanos Medical is operating at the current time. Most of Avanos Medical's value examination focuses on studying past and present price action to predict the probability of Avanos Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avanos Medical's price. Additionally, you may evaluate how the addition of Avanos Medical to your portfolios can decrease your overall portfolio volatility.