Electra Battery Materials Stock Alpha and Beta Analysis
| ELBM Stock | USD 0.49 0.01 2.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Electra Battery Materials. It also helps investors analyze the systematic and unsystematic risks associated with investing in Electra Battery over a specified time horizon. Remember, high Electra Battery'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 Electra Battery's market risk premium analysis include:
Beta 0.66 | Alpha 0.00112 | Risk 4.66 | Sharpe Ratio (0.02) | Expected Return (0.10) |
Enterprise Value |
|
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.
Electra |
Electra Battery Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Electra Battery market risk premium is the additional return an investor will receive from holding Electra Battery 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 Electra Battery. 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 Electra Battery's performance over market.| α | 0 | β | 0.66 |
Electra Battery 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 Electra Battery's Buy-and-hold return. Our buy-and-hold chart shows how Electra Battery performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Electra Battery Market Price Analysis
Market price analysis indicators help investors to evaluate how Electra Battery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Electra Battery shares will generate the highest return on investment. By understating and applying Electra Battery stock market price indicators, traders can identify Electra Battery position entry and exit signals to maximize returns.
Electra Battery Return and Market Media
The median price of Electra Battery for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 0.59 with a coefficient of variation of 8.91. The daily time series for the period is distributed with a sample standard deviation of 0.05, arithmetic mean of 0.58, and mean deviation of 0.04. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Electra Battery Materials Bolsters Strategic Market Position - TipRanks | 08/29/2024 |
2 | ELBM - Electra Battery Materials Corporation Latest Stock News Market Updates - StockTitan | 09/03/2024 |
3 | Electra Commercial Team to Attend LME Week - StockTitan | 09/26/2024 |
4 | Electra reports 5 million financing, stock climbs | 10/25/2024 |
5 | Electra Secures 10-Year Permit to Advance Exploration for Idaho Copper and Cobalt Properties | 11/19/2024 |
About Electra Battery 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 Electra or other stocks. Alpha measures the amount that position in Electra Battery Materials 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.
Electra Battery Upcoming Company Events
As portrayed in its financial statements, the presentation of Electra Battery's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Electra Battery's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Electra Battery's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Electra Battery. Please utilize our Beneish M Score to check the likelihood of Electra Battery's management manipulating its earnings.
| 2nd of April 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 2nd of April 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 Electra Battery
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 Electra Battery Backtesting, Electra Battery Valuation, Electra Battery Correlation, Electra Battery Hype Analysis, Electra Battery Volatility, Electra Battery History and analyze Electra Battery Performance. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Electra Battery 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.