Authid Inc Stock Alpha and Beta Analysis
| AUID Stock | USD 6.74 0.11 1.66% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as authID Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in AuthID over a specified time horizon. Remember, high AuthID'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 AuthID's market risk premium analysis include:
Beta 1.65 | Alpha (0.36) | Risk 5.11 | Sharpe Ratio (0.05) | Expected Return (0.26) |
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.
AuthID |
AuthID Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. AuthID market risk premium is the additional return an investor will receive from holding AuthID 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 AuthID. 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 AuthID's performance over market.| α | -0.36 | β | 1.65 |
AuthID 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 AuthID's Buy-and-hold return. Our buy-and-hold chart shows how AuthID performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.AuthID Market Price Analysis
Market price analysis indicators help investors to evaluate how AuthID stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AuthID shares will generate the highest return on investment. By understating and applying AuthID stock market price indicators, traders can identify AuthID position entry and exit signals to maximize returns.
AuthID Return and Market Media
The median price of AuthID for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 7.41 with a coefficient of variation of 9.22. The daily time series for the period is distributed with a sample standard deviation of 0.68, arithmetic mean of 7.34, and mean deviation of 0.6. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 3000 shares by Thomas Szoke of AuthID at 8.113 subject to Rule 16b-3 | 08/30/2024 |
2 | Disposition of 200 shares by Thomas Szoke of AuthID at 7.88 subject to Rule 16b-3 | 09/05/2024 |
3 | authID Publishes New White Paper The Spread of Deepfakes and How to Protect Your Enterprise Against Them | 09/11/2024 |
4 | authID Stock Price Down 1.5 percent - MarketBeat | 09/18/2024 |
5 | Insider Trading | 09/23/2024 |
6 | Acquisition by Garchik Stephen Jeffrey of 5394 shares of AuthID at 9.0 subject to Rule 16b-3 | 09/25/2024 |
7 | AuthID Inc Q2 2024 Earnings Call Highlights Revenue Surge and Strategic Partnerships ... | 10/09/2024 |
8 | authID Announces Launch of its Biometric Identity Services with Imperial Technologies | 10/23/2024 |
9 | authID Signs 10 Million Agreement to Deliver Next Generation Authentication Security in India | 11/04/2024 |
10 | authID GAAP EPS of -0.31, revenue of 0.25M | 11/08/2024 |
11 | authID Inc. Q3 2024 Earnings Call Transcript | 11/11/2024 |
12 | Acquisition by Erick Soto of 100000 shares of AuthID at 6.94 subject to Rule 16b-3 | 11/12/2024 |
13 | authID Inc. CTO Thomas Szoke sells 10,365 in stock | 11/18/2024 |
About AuthID 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 AuthID or other stocks. Alpha measures the amount that position in authID 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) | Payables Turnover | 1.21 | 1.07 | 0.75 | 0.72 | Days Of Inventory On Hand | 84.59 | 273.27 | 245.94 | 258.24 |
AuthID Upcoming Company Events
As portrayed in its financial statements, the presentation of AuthID's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, AuthID's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of AuthID's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of AuthID. Please utilize our Beneish M Score to check the likelihood of AuthID's management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out AuthID Backtesting, AuthID Valuation, AuthID Correlation, AuthID Hype Analysis, AuthID Volatility, AuthID History and analyze AuthID Performance. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
AuthID 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.