Butterfly Network Stock Alpha and Beta Analysis
| BFLY Stock | USD 3.29 0.03 0.90% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Butterfly Network. It also helps investors analyze the systematic and unsystematic risks associated with investing in Butterfly Network over a specified time horizon. Remember, high Butterfly Network'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 Butterfly Network's market risk premium analysis include:
Beta 2.33 | Alpha 1.97 | Risk 6.95 | Sharpe Ratio 0.31 | Expected Return 2.18 |
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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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Butterfly Network Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Butterfly Network market risk premium is the additional return an investor will receive from holding Butterfly Network 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 Butterfly Network. 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 Butterfly Network's performance over market.| α | 1.97 | β | 2.33 |
Butterfly Network 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 Butterfly Network's Buy-and-hold return. Our buy-and-hold chart shows how Butterfly Network performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Butterfly Network Market Price Analysis
Market price analysis indicators help investors to evaluate how Butterfly Network stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Butterfly Network shares will generate the highest return on investment. By understating and applying Butterfly Network stock market price indicators, traders can identify Butterfly Network position entry and exit signals to maximize returns.
Butterfly Network Return and Market Media
The median price of Butterfly Network for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 1.82 with a coefficient of variation of 27.98. The daily time series for the period is distributed with a sample standard deviation of 0.51, arithmetic mean of 1.83, and mean deviation of 0.35. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Larry Robbins of 429919 shares of Butterfly Network at 1.0746 subject to Rule 16b-3 | 08/29/2024 |
2 | Acquisition by Larry Robbins of 244774 shares of Butterfly Network at 1.0714 subject to Rule 16b-3 | 08/30/2024 |
3 | Acquisition by Andrei Stoica of 89656 shares of Butterfly Network subject to Rule 16b-3 | 09/06/2024 |
4 | Disposition of 60049 shares by S Phanstiel of Butterfly Network at 1.9616 subject to Rule 16b-3 | 09/13/2024 |
5 | Disposition of 3296 shares by Andrei Stoica of Butterfly Network at 1.74 subject to Rule 16b-3 | 09/24/2024 |
6 | Disposition of 1696 shares by Andrei Stoica of Butterfly Network at 1.789 subject to Rule 16b-3 | 10/01/2024 |
7 | HeartFocus Unveils AI-powered Education App for Conducting Clinical-Grade Heart Scans, Available on Butterfly Networks Handheld Ultrasound Devices | 10/28/2024 |
8 | Butterfly Network Reports Third Quarter 2024 Financial Results | 11/01/2024 |
9 | Butterfly Network, Inc. Analysts Are Pretty Bullish On The Stock After Recent Results | 11/06/2024 |
10 | Butterfly Network, Inc. Stocks Shoot Up 37 percent But Its PS Still Looks Reasonable | 11/07/2024 |
11 | Butterfly Network to Participate at the Virtual BTIG Digital Health Forum on November 25, 2024 | 11/11/2024 |
12 | Butterfly Network Trading Up 6.8 percent Whats Next | 11/20/2024 |
About Butterfly Network 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 Butterfly or other stocks. Alpha measures the amount that position in Butterfly Network 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 | 7.85 | 4.71 | 9.64 | 5.2 | Days Of Inventory On Hand | 290.67 | 645.12 | 543.45 | 619.77 |
Butterfly Network Upcoming Company Events
As portrayed in its financial statements, the presentation of Butterfly Network's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Butterfly Network's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Butterfly Network's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Butterfly Network. Please utilize our Beneish M Score to check the likelihood of Butterfly Network's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 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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Additional Tools for Butterfly Stock Analysis
When running Butterfly Network's price analysis, check to measure Butterfly Network'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 Butterfly Network is operating at the current time. Most of Butterfly Network's value examination focuses on studying past and present price action to predict the probability of Butterfly Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Butterfly Network's price. Additionally, you may evaluate how the addition of Butterfly Network to your portfolios can decrease your overall portfolio volatility.