Chromadex Corp Stock Alpha and Beta Analysis
| CDXC Stock | USD 7.44 0.19 2.49% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Chromadex Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Chromadex Corp over a specified time horizon. Remember, high Chromadex Corp'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 Chromadex Corp's market risk premium analysis include:
Beta 3.35 | Alpha 1.13 | Risk 9.17 | Sharpe Ratio 0.16 | Expected Return 1.49 |
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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.
Chromadex |
Chromadex Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Chromadex Corp market risk premium is the additional return an investor will receive from holding Chromadex Corp 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 Chromadex Corp. 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 Chromadex Corp's performance over market.| α | 1.13 | β | 3.35 |
Chromadex Corp 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 Chromadex Corp's Buy-and-hold return. Our buy-and-hold chart shows how Chromadex Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Chromadex Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how Chromadex Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chromadex Corp shares will generate the highest return on investment. By understating and applying Chromadex Corp stock market price indicators, traders can identify Chromadex Corp position entry and exit signals to maximize returns.
Chromadex Corp Return and Market Media
The median price of Chromadex Corp for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 is 3.51 with a coefficient of variation of 35.15. The daily time series for the period is distributed with a sample standard deviation of 1.52, arithmetic mean of 4.31, and mean deviation of 1.26. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 82734 shares by Lee Jeong James of Chromadex Corp at 1.52 subject to Rule 16b-3 | 08/30/2024 |
2 | Insider Trading | 10/21/2024 |
3 | ChromaDexs Solid Earnings Are Supported By Other Strong Factors | 11/07/2024 |
4 | What Makes ChromaDex a Strong Momentum Stock Buy Now | 11/08/2024 |
5 | ChromaDexs Patented Nicotinamide Riboside Ingredient, Niagen, Featured as the Hero Ingredient in Longevity.Technologys Inaugural Longevity Supplement | 11/14/2024 |
About Chromadex Corp 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 Chromadex or other stocks. Alpha measures the amount that position in Chromadex 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 28.28 | 42.97 | 22.86 | 21.72 | PTB Ratio | 7.92 | 4.09 | 3.77 | 3.58 |
Chromadex Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of Chromadex Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Chromadex Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Chromadex Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Chromadex Corp. Please utilize our Beneish M Score to check the likelihood of Chromadex Corp's management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Chromadex Corp
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
Align your risk with return expectations
Check out Chromadex Corp Backtesting, Chromadex Corp Valuation, Chromadex Corp Correlation, Chromadex Corp Hype Analysis, Chromadex Corp Volatility, Chromadex Corp History and analyze Chromadex Corp Performance. For information on how to trade Chromadex Stock refer to our How to Trade Chromadex Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Chromadex Corp 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.