Birks Group Stock Alpha and Beta Analysis
| BGI Stock | USD 1.61 0.20 11.05% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Birks Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Birks over a specified time horizon. Remember, high Birks' 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 Birks' market risk premium analysis include:
Beta 0.31 | Alpha (0.76) | Risk 2.91 | Sharpe Ratio (0.26) | Expected Return (0.74) |
Birks Quarterly Cash And Equivalents |
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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.
Birks |
Birks Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Birks market risk premium is the additional return an investor will receive from holding Birks 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 Birks. 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 Birks' performance over market.| α | -0.76 | β | 0.31 |
Birks 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 Birks' Buy-and-hold return. Our buy-and-hold chart shows how Birks performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Birks Market Price Analysis
Market price analysis indicators help investors to evaluate how Birks stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Birks shares will generate the highest return on investment. By understating and applying Birks stock market price indicators, traders can identify Birks position entry and exit signals to maximize returns.
Birks Return and Market Media
The median price of Birks for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 2.21 with a coefficient of variation of 10.77. The daily time series for the period is distributed with a sample standard deviation of 0.24, arithmetic mean of 2.26, and mean deviation of 0.17. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | US bill to restrict business with Chinas WuXi AppTec, BGI passes House | 09/09/2024 |
2 | BIRKS ANNOUNCES THE GRAND OPENING OF ITS NEW CONCEPT STORE IN ROYALMOUNT, EXCLUSIVELY FEATURING BIRKS JEWELLERY COLLECTIONS | 09/10/2024 |
3 | Metabolomics Services Market Emerging Market Trends, Size, and Demand Forecast 2031 MS-OMICS, metaSysX, BASF SE, BGI | 10/07/2024 |
4 | Birks Group Coverage Initiated by Analysts at StockNews.com | 11/11/2024 |
About Birks 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 Birks or other stocks. Alpha measures the amount that position in Birks Group 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.
| 2010 | 2024 (projected) | null | 2.6 | 2.52 | null | 323.66 | 339.51 |
Birks Upcoming Company Events
As portrayed in its financial statements, the presentation of Birks' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Birks' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Birks' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Birks. Please utilize our Beneish M Score to check the likelihood of Birks' management manipulating its earnings.
| 28th of September 2023 Upcoming Quarterly Report | View | |
| 30th of June 2023 Next Fiscal Quarter End | View |
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Check out Birks Backtesting, Birks Valuation, Birks Correlation, Birks Hype Analysis, Birks Volatility, Birks History and analyze Birks Performance. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Birks 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.