Bynd Cannasoft Enterprises Stock Alpha and Beta Analysis
| BCAN Stock | USD 8.00 0.20 2.44% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as BYND Cannasoft Enterprises. It also helps investors analyze the systematic and unsystematic risks associated with investing in BYND Cannasoft over a specified time horizon. Remember, high BYND Cannasoft'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 BYND Cannasoft's market risk premium analysis include:
Beta (0.07) | Alpha (0.11) | Risk 1.31 | Sharpe Ratio (0.02) | Expected Return (0.03) |
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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BYND Cannasoft Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. BYND Cannasoft market risk premium is the additional return an investor will receive from holding BYND Cannasoft 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 BYND Cannasoft. 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 BYND Cannasoft's performance over market.| α | -0.11 | β | -0.07 |
BYND Cannasoft 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 BYND Cannasoft's Buy-and-hold return. Our buy-and-hold chart shows how BYND Cannasoft performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.BYND Cannasoft Market Price Analysis
Market price analysis indicators help investors to evaluate how BYND Cannasoft stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BYND Cannasoft shares will generate the highest return on investment. By understating and applying BYND Cannasoft stock market price indicators, traders can identify BYND Cannasoft position entry and exit signals to maximize returns.
BYND Cannasoft Return and Market Media
The median price of BYND Cannasoft for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 8.05 with a coefficient of variation of 2.26. The daily time series for the period is distributed with a sample standard deviation of 0.18, arithmetic mean of 8.13, and mean deviation of 0.12. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Femtos AI Based Flagship Product to Enter a 3 Stages Consumer Feedback Survey Including a Total of 120 Women | 09/03/2024 |
2 | BYND Cannasoft Enterprises announces reverse split - MSN | 09/11/2024 |
3 | Flora Growth Corp. Appoints Harold Wolkin to Board of Directors Clifford Starke Named Chairman | 09/12/2024 |
4 | Stock Traders Purchase Large Volume of Call Options on Beyond Meat - MarketBeat | 09/20/2024 |
5 | Femto Technologies reports Q3 results | 11/14/2024 |
About BYND Cannasoft 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 BYND or other stocks. Alpha measures the amount that position in BYND Cannasoft Enter 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.
| 2023 | 2024 (projected) | Dividend Yield | 2.18E-4 | 2.29E-4 | Price To Sales Ratio | 16.21 | 15.4 |
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 BYND Cannasoft 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, BYND Cannasoft's short interest history, or implied volatility extrapolated from BYND Cannasoft options trading.
Build Portfolio with BYND Cannasoft
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out BYND Cannasoft Backtesting, BYND Cannasoft Valuation, BYND Cannasoft Correlation, BYND Cannasoft Hype Analysis, BYND Cannasoft Volatility, BYND Cannasoft History and analyze BYND Cannasoft Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
BYND Cannasoft 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.