Akero Therapeutics Stock Alpha and Beta Analysis
| AKRO Stock | USD 32.18 0.98 3.14% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Akero Therapeutics. It also helps investors analyze the systematic and unsystematic risks associated with investing in Akero Therapeutics over a specified time horizon. Remember, high Akero Therapeutics' 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 Akero Therapeutics' market risk premium analysis include:
Beta 2.01 | Alpha 0.0923 | Risk 3.06 | Sharpe Ratio 0.0826 | Expected Return 0.25 |
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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.
Akero |
Akero Therapeutics Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Akero Therapeutics market risk premium is the additional return an investor will receive from holding Akero Therapeutics 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 Akero Therapeutics. 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 Akero Therapeutics' performance over market.| α | 0.09 | β | 2.01 |
Akero Therapeutics 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 Akero Therapeutics' Buy-and-hold return. Our buy-and-hold chart shows how Akero Therapeutics performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Akero Therapeutics Market Price Analysis
Market price analysis indicators help investors to evaluate how Akero Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akero Therapeutics shares will generate the highest return on investment. By understating and applying Akero Therapeutics stock market price indicators, traders can identify Akero Therapeutics position entry and exit signals to maximize returns.
Akero Therapeutics Return and Market Media
The median price of Akero Therapeutics for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 28.69 with a coefficient of variation of 8.09. The daily time series for the period is distributed with a sample standard deviation of 2.35, arithmetic mean of 29.01, and mean deviation of 1.91. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 949 shares by Catriona Yale of Akero Therapeutics at 0.615 subject to Rule 16b-3 | 09/03/2024 |
2 | Disposition of 1738 shares by Cheng Andrew of Akero Therapeutics at 26.18 subject to Rule 16b-3 | 09/10/2024 |
3 | Disposition of 2485 shares by Catriona Yale of Akero Therapeutics at 0.615 subject to Rule 16b-3 | 09/16/2024 |
4 | Disposition of 2037 shares by Catriona Yale of Akero Therapeutics at 0.615 subject to Rule 16b-3 | 09/17/2024 |
5 | Disposition of 3871 shares by Catriona Yale of Akero Therapeutics at 0.615 subject to Rule 16b-3 | 09/18/2024 |
6 | Disposition of 10000 shares by Young Jonathan of Akero Therapeutics at 28.177 subject to Rule 16b-3 | 10/01/2024 |
7 | Disposition of 5000 shares by Catriona Yale of Akero Therapeutics at 0.615 subject to Rule 16b-3 | 10/14/2024 |
8 | State Street Corps Strategic Reduction in Akero Therapeutics Inc Shares | 10/17/2024 |
9 | Disposition of 635 shares by Cheng Andrew of Akero Therapeutics at 21.1 subject to Rule 16b-3 | 10/18/2024 |
10 | Disposition of 4515 shares by Catriona Yale of Akero Therapeutics at 21.1 subject to Rule 16b-3 | 10/30/2024 |
11 | Disposition of 15485 shares by Catriona Yale of Akero Therapeutics at 21.1 subject to Rule 16b-3 | 11/01/2024 |
12 | Disposition of 8890 shares by Catriona Yale of Akero Therapeutics at 0.615 subject to Rule 16b-3 | 11/06/2024 |
13 | Akero Therapeutics executive sells 351,890 in stock | 11/08/2024 |
14 | Akero Therapeutics to Present at the Jefferies London Healthcare Conference | 11/13/2024 |
15 | Disposition of 9061 shares by Catriona Yale of Akero Therapeutics at 21.1 subject to Rule 16b-3 | 11/15/2024 |
16 | Akero Therapeutics Buy Rating Reiterated at HC Wainwright | 11/18/2024 |
17 | Akero Therapeutics chief development officer sells 251,274 in stock | 11/20/2024 |
About Akero Therapeutics 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 Akero or other stocks. Alpha measures the amount that position in Akero Therapeutics 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) | Current Ratio | 7.7 | 18.61 | 29.27 | 30.74 | Net Debt To EBITDA | 1.48 | 2.15 | 1.4 | 2.21 |
Akero Therapeutics Upcoming Company Events
As portrayed in its financial statements, the presentation of Akero Therapeutics' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Akero Therapeutics' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Akero Therapeutics' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Akero Therapeutics. Please utilize our Beneish M Score to check the likelihood of Akero Therapeutics' management manipulating its earnings.
| 15th of March 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th 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 Akero Therapeutics Backtesting, Akero Therapeutics Valuation, Akero Therapeutics Correlation, Akero Therapeutics Hype Analysis, Akero Therapeutics Volatility, Akero Therapeutics History and analyze Akero Therapeutics Performance. To learn how to invest in Akero Stock, please use our How to Invest in Akero Therapeutics guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Akero Therapeutics 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.