Contango Ore Stock Alpha and Beta Analysis
| CTGO Stock | USD 18.25 0.15 0.83% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Contango ORE. It also helps investors analyze the systematic and unsystematic risks associated with investing in Contango ORE over a specified time horizon. Remember, high Contango ORE'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 Contango ORE's market risk premium analysis include:
Beta 0.8 | Alpha (0.28) | Risk 3.39 | Sharpe Ratio (0.03) | Expected Return (0.11) |
Enterprise Value |
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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.
Contango |
Contango ORE Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Contango ORE market risk premium is the additional return an investor will receive from holding Contango ORE 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 Contango ORE. 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 Contango ORE's performance over market.| α | -0.28 | β | 0.80 |
Contango ORE 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 Contango ORE's Buy-and-hold return. Our buy-and-hold chart shows how Contango ORE performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Contango ORE Market Price Analysis
Market price analysis indicators help investors to evaluate how Contango ORE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Contango ORE shares will generate the highest return on investment. By understating and applying Contango ORE stock market price indicators, traders can identify Contango ORE position entry and exit signals to maximize returns.
Contango ORE Return and Market Media
The median price of Contango ORE for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 19.94 with a coefficient of variation of 7.35. The daily time series for the period is distributed with a sample standard deviation of 1.48, arithmetic mean of 20.1, and mean deviation of 1.2. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Greenberg Joseph G. of 10000 shares of Contango ORE subject to Rule 16b-3 | 09/03/2024 |
2 | Disposition of 2390 shares by Green Darwin of Contango ORE at 21.25 subject to Rule 16b-3 | 09/10/2024 |
3 | Disposition of 7460 shares by Compofelice Joseph S of Contango ORE at 21.14 subject to Rule 16b-3 | 09/11/2024 |
4 | Disposition of 697 shares by Shortz Richard of Contango ORE at 21.56 subject to Rule 16b-3 | 09/12/2024 |
5 | Contango ORE director Richard Shortz sells shares worth over 15k - Investing.com | 09/13/2024 |
6 | Contango Ore Inc Stock Price Up 4.93 percent on Sep 24 | 09/24/2024 |
7 | Contango Ore Stock The Company Is Going To Finally Generate Revenue - Seeking Alpha | 11/11/2024 |
8 | Contango Ore files for 200M mixed securities shelf | 11/15/2024 |
9 | Contango Ore Inc Q3 2024 Earnings Call Highlights Strong - GuruFocus.com | 11/19/2024 |
10 | Contango Ore Inc Shares Down 3.7 percent on Nov 20 | 11/20/2024 |
11 | How the price action is used to our Advantage - Stock Traders Daily | 11/22/2024 |
About Contango ORE 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 Contango or other stocks. Alpha measures the amount that position in Contango ORE 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.
Contango ORE Upcoming Company Events
As portrayed in its financial statements, the presentation of Contango ORE's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Contango ORE's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Contango ORE's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Contango ORE. Please utilize our Beneish M Score to check the likelihood of Contango ORE's management manipulating its earnings.
| 5th of February 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 11th of September 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Build Portfolio with Contango ORE
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Check out Contango ORE Backtesting, Contango ORE Valuation, Contango ORE Correlation, Contango ORE Hype Analysis, Contango ORE Volatility, Contango ORE History and analyze Contango ORE Performance. To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Contango ORE 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.