Adverum Biotechnologies Stock Alpha and Beta Analysis
| ADVM Stock | USD 6.45 0.29 4.71% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Adverum Biotechnologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Adverum Biotechnologies over a specified time horizon. Remember, high Adverum Biotechnologies' 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 Adverum Biotechnologies' market risk premium analysis include:
Beta 1.57 | Alpha (0.24) | Risk 3.53 | Sharpe Ratio (0.02) | Expected Return (0.05) |
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.
Adverum |
Adverum Biotechnologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Adverum Biotechnologies market risk premium is the additional return an investor will receive from holding Adverum Biotechnologies 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 Adverum Biotechnologies. 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 Adverum Biotechnologies' performance over market.| α | -0.24 | β | 1.56 |
Adverum Biotechnologies 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 Adverum Biotechnologies' Buy-and-hold return. Our buy-and-hold chart shows how Adverum Biotechnologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Adverum Biotechnologies Market Price Analysis
Market price analysis indicators help investors to evaluate how Adverum Biotechnologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Adverum Biotechnologies shares will generate the highest return on investment. By understating and applying Adverum Biotechnologies stock market price indicators, traders can identify Adverum Biotechnologies position entry and exit signals to maximize returns.
Adverum Biotechnologies Return and Market Media
The median price of Adverum Biotechnologies for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 7.3 with a coefficient of variation of 8.54. The daily time series for the period is distributed with a sample standard deviation of 0.62, arithmetic mean of 7.27, and mean deviation of 0.51. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Adverum Biotechnologies 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 Adverum or other stocks. Alpha measures the amount that position in Adverum Biotechnologies 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.
Adverum Biotechnologies Upcoming Company Events
As portrayed in its financial statements, the presentation of Adverum Biotechnologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Adverum Biotechnologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Adverum Biotechnologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Adverum Biotechnologies. Please utilize our Beneish M Score to check the likelihood of Adverum Biotechnologies' management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of April 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 Adverum Biotechnologies Backtesting, Adverum Biotechnologies Valuation, Adverum Biotechnologies Correlation, Adverum Biotechnologies Hype Analysis, Adverum Biotechnologies Volatility, Adverum Biotechnologies History and analyze Adverum Biotechnologies Performance. To learn how to invest in Adverum Stock, please use our How to Invest in Adverum Biotechnologies guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Adverum Biotechnologies 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.