Dexcom Inc Stock Alpha and Beta Analysis
| DXCM Stock | USD 77.83 5.00 6.87% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as DexCom Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in DexCom over a specified time horizon. Remember, high DexCom'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 DexCom's market risk premium analysis include:
Beta 0.16 | Alpha 0.000922 | Risk 1.94 | Sharpe Ratio 0.016 | Expected Return 0.0311 |
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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.
DexCom |
DexCom Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. DexCom market risk premium is the additional return an investor will receive from holding DexCom 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 DexCom. 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 DexCom's performance over market.| α | 0.0009 | β | 0.16 |
DexCom 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 DexCom's Buy-and-hold return. Our buy-and-hold chart shows how DexCom performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.DexCom Market Price Analysis
Market price analysis indicators help investors to evaluate how DexCom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DexCom shares will generate the highest return on investment. By understating and applying DexCom stock market price indicators, traders can identify DexCom position entry and exit signals to maximize returns.
DexCom Return and Market Media
The median price of DexCom for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 69.82 with a coefficient of variation of 3.58. The daily time series for the period is distributed with a sample standard deviation of 2.53, arithmetic mean of 70.56, and mean deviation of 2.1. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | DexCom Q3 earnings beat estimates, but stock tumbles 16 percent on weak growth | 10/24/2024 |
2 | DexCom Q3 2024 Earnings Call Transcript | 10/25/2024 |
3 | Multiple Headwinds Dragged DexCom in Q3 | 10/30/2024 |
4 | Ashton Thomas Securities LLC Reduces Stock Position in DexCom, Inc. | 11/13/2024 |
5 | Dexcom Helps People With Diabetes Take the First Step to Discover What Theyre Made Of on World Diabetes Day | 11/14/2024 |
6 | DexCom, Inc. Among 12 High Growth Large Cap Stocks to Buy Now | 11/15/2024 |
7 | DexComs Options Frenzy What You Need to Know | 11/18/2024 |
8 | Dexcom and URA Announce Strategic Partnership | 11/19/2024 |
9 | Disposition of 4259 shares by Sadie Stern of DexCom at 74.73 subject to Rule 16b-3 | 11/20/2024 |
10 | Acquisition by Matthew Dolan of 21711 shares of DexCom subject to Rule 16b-3 | 11/22/2024 |
About DexCom 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 DexCom or other stocks. Alpha measures the amount that position in DexCom Inc 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 | 4.05 | 4.32 | 4.82 | 4.58 | Days Of Inventory On Hand | 169.81 | 109.03 | 153.18 | 160.84 |
DexCom Upcoming Company Events
As portrayed in its financial statements, the presentation of DexCom's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, DexCom's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of DexCom's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of DexCom. Please utilize our Beneish M Score to check the likelihood of DexCom's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th 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 DexCom Backtesting, DexCom Valuation, DexCom Correlation, DexCom Hype Analysis, DexCom Volatility, DexCom History and analyze DexCom Performance. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
DexCom 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.