Compugen Stock Alpha and Beta Analysis
| CGEN Stock | USD 1.61 0.09 5.92% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Compugen. It also helps investors analyze the systematic and unsystematic risks associated with investing in Compugen over a specified time horizon. Remember, high Compugen'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 Compugen's market risk premium analysis include:
Beta 2.28 | Alpha (0.67) | Risk 3.58 | Sharpe Ratio (0.08) | Expected Return (0.30) |
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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.
Compugen |
Compugen Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Compugen market risk premium is the additional return an investor will receive from holding Compugen 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 Compugen. 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 Compugen's performance over market.| α | -0.67 | β | 2.28 |
Compugen 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 Compugen's Buy-and-hold return. Our buy-and-hold chart shows how Compugen performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Compugen Market Price Analysis
Market price analysis indicators help investors to evaluate how Compugen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Compugen shares will generate the highest return on investment. By understating and applying Compugen stock market price indicators, traders can identify Compugen position entry and exit signals to maximize returns.
Compugen Return and Market Media
The median price of Compugen for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 1.74 with a coefficient of variation of 9.68. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 1.75, and mean deviation of 0.13. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Compugen Upgraded to Strong Buy What Does It Mean for the Stock | 09/11/2024 |
2 | Compugen to Present New Clinical Data at SITC 2024 - StockTitan | 10/07/2024 |
3 | Compugen Strengthens Defence Security Industry with Strategic Acquisition of SynerSolutions | 11/04/2024 |
4 | Compugen shareholder returns have been stellar, earning 204 percent in 1 year | 11/08/2024 |
5 | Compugen earnings beat by 0.11, revenue topped estimates | 11/12/2024 |
6 | Compugen Ltd. Q3 2024 Earnings Call Transcript | 11/13/2024 |
7 | Compugen Releases Earnings Results | 11/14/2024 |
8 | Compugen Stock Dips Amidst Biotech Sector Movements | 11/22/2024 |
About Compugen 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 Compugen or other stocks. Alpha measures the amount that position in Compugen 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) | PB Ratio | 3.39 | 0.8 | 2.67 | 3.68 | Capex To Depreciation | 0.63 | 1.01 | 0.36 | 0.66 |
Compugen Upcoming Company Events
As portrayed in its financial statements, the presentation of Compugen's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Compugen's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Compugen's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Compugen. Please utilize our Beneish M Score to check the likelihood of Compugen's management manipulating its earnings.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th 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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Check out Compugen Backtesting, Compugen Valuation, Compugen Correlation, Compugen Hype Analysis, Compugen Volatility, Compugen History and analyze Compugen Performance. To learn how to invest in Compugen Stock, please use our How to Invest in Compugen guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Compugen 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.