Journey Medical Corp Stock Alpha and Beta Analysis
| DERM Stock | USD 5.20 0.03 0.57% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Journey Medical Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Journey Medical over a specified time horizon. Remember, high Journey Medical'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 Journey Medical's market risk premium analysis include:
Beta 1.36 | Alpha 0.19 | Risk 4.14 | Sharpe Ratio 0.0461 | Expected Return 0.19 |
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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.
Journey |
Journey Medical Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Journey Medical market risk premium is the additional return an investor will receive from holding Journey Medical 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 Journey Medical. 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 Journey Medical's performance over market.| α | 0.19 | β | 1.36 |
Journey Medical 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 Journey Medical's Buy-and-hold return. Our buy-and-hold chart shows how Journey Medical performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Journey Medical Market Price Analysis
Market price analysis indicators help investors to evaluate how Journey Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Journey Medical shares will generate the highest return on investment. By understating and applying Journey Medical stock market price indicators, traders can identify Journey Medical position entry and exit signals to maximize returns.
Journey Medical Return and Market Media
The median price of Journey Medical for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 5.42 with a coefficient of variation of 9.43. The daily time series for the period is distributed with a sample standard deviation of 0.51, arithmetic mean of 5.45, and mean deviation of 0.43. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | NHS report touts effectiveness of Skin Analytics DERM AI melanoma tool | 08/29/2024 |
2 | Journey Medical Corporation Announces DFD-29 Data Presented at 44th Fall Clinical Dermatology Conference | 10/25/2024 |
3 | Journey Medical Soars 7.3 percent Is Further Upside Left in the Stock | 11/04/2024 |
4 | Journey Medical Corp Q3 2024 Earnings Revenue Hits 14.6M, EPS Loss of 0.12 Beats Estimates | 11/12/2024 |
5 | FY2024 EPS Forecast for Journey Medical Lowered by Analyst - MarketBeat | 11/21/2024 |
About Journey Medical 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 Journey or other stocks. Alpha measures the amount that position in Journey Medical 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) | Payables Turnover | 1.41 | 0.83 | 1.47 | 1.4 | Days Of Inventory On Hand | 112.19 | 167.93 | 139.73 | 132.74 |
Journey Medical Upcoming Company Events
As portrayed in its financial statements, the presentation of Journey Medical's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Journey Medical's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Journey Medical's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Journey Medical. Please utilize our Beneish M Score to check the likelihood of Journey Medical's management manipulating its earnings.
| 3rd of April 2024 Upcoming Quarterly Report | View | |
| 27th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 3rd of April 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 Journey Medical Backtesting, Journey Medical Valuation, Journey Medical Correlation, Journey Medical Hype Analysis, Journey Medical Volatility, Journey Medical History and analyze Journey Medical Performance. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Journey Medical 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.