Bannix Acquisition Corp Stock Alpha and Beta Analysis
| BNIX Stock | USD 11.18 0.06 0.53% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Bannix Acquisition Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Bannix Acquisition over a specified time horizon. Remember, high Bannix Acquisition'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 Bannix Acquisition's market risk premium analysis include:
Beta 0.0361 | Alpha (0.01) | Risk 0.24 | Sharpe Ratio 0.0125 | Expected Return 0.003 |
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.
Bannix |
Bannix Acquisition Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Bannix Acquisition market risk premium is the additional return an investor will receive from holding Bannix Acquisition 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 Bannix Acquisition. 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 Bannix Acquisition's performance over market.| α | -0.0086 | β | 0.04 |
Bannix Acquisition 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 Bannix Acquisition's Buy-and-hold return. Our buy-and-hold chart shows how Bannix Acquisition performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Bannix Acquisition Market Price Analysis
Market price analysis indicators help investors to evaluate how Bannix Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bannix Acquisition shares will generate the highest return on investment. By understating and applying Bannix Acquisition stock market price indicators, traders can identify Bannix Acquisition position entry and exit signals to maximize returns.
Bannix Acquisition Return and Market Media
The median price of Bannix Acquisition for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 11.15 with a coefficient of variation of 0.54. The daily time series for the period is distributed with a sample standard deviation of 0.06, arithmetic mean of 11.16, and mean deviation of 0.05. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Discretionary transaction by Douglas Davis of 9000 shares of Bannix Acquisition subject to Rule 16b-3 | 11/15/2024 |
2 | Bannix Acquisition Corp. Extends Business Combination Deadline to December 2024 BNIX Stock News - StockTitan | 11/19/2024 |
About Bannix Acquisition 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 Bannix or other stocks. Alpha measures the amount that position in Bannix Acquisition Corp 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 | 2023 | 2024 (projected) | Current Ratio | 2.53 | 0.0603 | 0.0573 | Net Debt To EBITDA | 2.72 | 2.45 | 2.18 |
Bannix Acquisition Upcoming Company Events
As portrayed in its financial statements, the presentation of Bannix Acquisition's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bannix Acquisition's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Bannix Acquisition's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Bannix Acquisition. Please utilize our Beneish M Score to check the likelihood of Bannix Acquisition's management manipulating its earnings.
| 3rd of January 2024 Upcoming Quarterly Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View |
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Additional Tools for Bannix Stock Analysis
When running Bannix Acquisition's price analysis, check to measure Bannix Acquisition'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 Bannix Acquisition is operating at the current time. Most of Bannix Acquisition's value examination focuses on studying past and present price action to predict the probability of Bannix Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bannix Acquisition's price. Additionally, you may evaluate how the addition of Bannix Acquisition to your portfolios can decrease your overall portfolio volatility.