Freshworks Stock Alpha and Beta Analysis
| FRSH Stock | USD 16.54 1.26 8.25% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Freshworks. It also helps investors analyze the systematic and unsystematic risks associated with investing in Freshworks over a specified time horizon. Remember, high Freshworks' 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 Freshworks' market risk premium analysis include:
Beta 1.62 | Alpha 0.39 | Risk 4.17 | Sharpe Ratio 0.13 | Expected Return 0.56 |
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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.
Freshworks |
Freshworks Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Freshworks market risk premium is the additional return an investor will receive from holding Freshworks 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 Freshworks. 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 Freshworks' performance over market.| α | 0.39 | β | 1.62 |
Freshworks 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 Freshworks' Buy-and-hold return. Our buy-and-hold chart shows how Freshworks performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Freshworks Market Price Analysis
Market price analysis indicators help investors to evaluate how Freshworks stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Freshworks shares will generate the highest return on investment. By understating and applying Freshworks stock market price indicators, traders can identify Freshworks position entry and exit signals to maximize returns.
Freshworks Return and Market Media
The median price of Freshworks for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 11.53 with a coefficient of variation of 14.52. The daily time series for the period is distributed with a sample standard deviation of 1.78, arithmetic mean of 12.26, and mean deviation of 1.3. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Gandhi Sameer K of 13202 shares of Freshworks subject to Rule 16b-3 | 08/29/2024 |
2 | Disposition of 1560 shares by Flower Johanna of Freshworks subject to Rule 16b-3 | 08/30/2024 |
3 | Disposition of 8433 shares by Nelson Zachary of Freshworks at 11.54 subject to Rule 16b-3 | 09/03/2024 |
4 | Disposition of 1250000 shares by Accel India Iii Ltd. of Freshworks subject to Rule 16b-3 | 09/09/2024 |
5 | Freshworks Inc Shares Down 3.25 percent on Sep 10 | 09/10/2024 |
6 | Acquisition by Gandhi Sameer K of 1250000 shares of Freshworks subject to Rule 16b-3 | 09/20/2024 |
7 | Disposition of 1560 shares by Padgett Barry L. of Freshworks subject to Rule 16b-3 | 09/27/2024 |
8 | Acquisition by Gandhi Sameer K of 1163 shares of Freshworks subject to Rule 16b-3 | 10/01/2024 |
9 | Is Freshworks Inc. the Tech Stock with Biggest Upside Potential According to Analysts | 10/08/2024 |
10 | Disposition of 6303 shares by Austin Roxanne S of Freshworks at 11.1 subject to Rule 16b-3 | 10/09/2024 |
11 | Disposition of 4690 shares by Taylor Jennifer H of Freshworks at 11.06 subject to Rule 16b-3 | 10/10/2024 |
12 | Disposition of 1570 shares by Padgett Barry L. of Freshworks subject to Rule 16b-3 | 10/28/2024 |
13 | Freshworks Inc Shares Up 3.8 percent on Nov 1 | 11/01/2024 |
14 | Disposition of 8433 shares by Nelson Zachary of Freshworks at 12.19 subject to Rule 16b-3 | 11/04/2024 |
15 | Disposition of 2000000 shares by Gandhi Sameer K of Freshworks subject to Rule 16b-3 | 11/07/2024 |
16 | Freshworks Third Quarter 2024 Earnings Revenues Beat Expectations, EPS In Line | 11/08/2024 |
17 | Disposition of 6303 shares by Austin Roxanne S of Freshworks at 16.44 subject to Rule 16b-3 | 11/11/2024 |
18 | Freshworks director Jennifer Taylor sells shares for 77,021 | 11/12/2024 |
19 | Google Parent Alphabet Sold 79 percent of Its Stake in Snowflake and Is Piling Into This Supercharged Artificial Intelligence Stock Instead | 11/14/2024 |
20 | Freshworks Inc Shares Gap Down to 15.01 on Nov 19 | 11/19/2024 |
About Freshworks 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 Freshworks or other stocks. Alpha measures the amount that position in Freshworks 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 | 12.34 | 16.21 | 29.66 | 31.14 | Days Of Inventory On Hand | 68.48 | 76.75 | 69.08 | 72.53 |
Freshworks Upcoming Company Events
As portrayed in its financial statements, the presentation of Freshworks' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Freshworks' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Freshworks' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Freshworks. Please utilize our Beneish M Score to check the likelihood of Freshworks' management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th 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 Freshworks Backtesting, Freshworks Valuation, Freshworks Correlation, Freshworks Hype Analysis, Freshworks Volatility, Freshworks History and analyze Freshworks Performance. For more detail on how to invest in Freshworks Stock please use our How to Invest in Freshworks guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Freshworks 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.