Bristol Myers Squibb Stock Alpha and Beta Analysis
| BMYMP Stock | USD 1,006 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Bristol Myers Squibb. It also helps investors analyze the systematic and unsystematic risks associated with investing in Bristol-Myers Squibb over a specified time horizon. Remember, high Bristol-Myers Squibb'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 Bristol-Myers Squibb's market risk premium analysis include:
Beta (0.04) | Alpha 0.45 | Risk 3.49 | Sharpe Ratio 0.14 | Expected Return 0.49 |
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.
Bristol-Myers |
Bristol-Myers Squibb Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Bristol-Myers Squibb market risk premium is the additional return an investor will receive from holding Bristol-Myers Squibb 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 Bristol-Myers Squibb. 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 Bristol-Myers Squibb's performance over market.| α | 0.45 | β | -0.04 |
Bristol-Myers Squibb 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 Bristol-Myers Squibb's Buy-and-hold return. Our buy-and-hold chart shows how Bristol-Myers Squibb performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Bristol-Myers Squibb Market Price Analysis
Market price analysis indicators help investors to evaluate how Bristol-Myers Squibb pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bristol-Myers Squibb shares will generate the highest return on investment. By understating and applying Bristol-Myers Squibb pink sheet market price indicators, traders can identify Bristol-Myers Squibb position entry and exit signals to maximize returns.
Bristol-Myers Squibb Return and Market Media
The median price of Bristol-Myers Squibb for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 801.56 with a coefficient of variation of 10.01. The daily time series for the period is distributed with a sample standard deviation of 83.46, arithmetic mean of 834.01, and mean deviation of 65.44. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Bristol-Myers Squibb 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 Bristol-Myers or other pink sheets. Alpha measures the amount that position in Bristol Myers Squibb 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.
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 Bristol-Myers Squibb 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, Bristol-Myers Squibb's short interest history, or implied volatility extrapolated from Bristol-Myers Squibb options trading.
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Additional Tools for Bristol-Myers Pink Sheet Analysis
When running Bristol-Myers Squibb's price analysis, check to measure Bristol-Myers Squibb'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 Bristol-Myers Squibb is operating at the current time. Most of Bristol-Myers Squibb's value examination focuses on studying past and present price action to predict the probability of Bristol-Myers Squibb's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bristol-Myers Squibb's price. Additionally, you may evaluate how the addition of Bristol-Myers Squibb to your portfolios can decrease your overall portfolio volatility.