Golden Heaven Group Stock Alpha and Beta Analysis
| GDHG Stock | 1.65 0.06 3.77% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Golden Heaven Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Golden Heaven over a specified time horizon. Remember, high Golden Heaven'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 Golden Heaven's market risk premium analysis include:
Beta 1.78 | Alpha (1.88) | Risk 6.98 | Sharpe Ratio (0.25) | Expected Return (1.74) |
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.
Golden |
Golden Heaven Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Golden Heaven market risk premium is the additional return an investor will receive from holding Golden Heaven 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 Golden Heaven. 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 Golden Heaven's performance over market.| α | -1.88 | β | 1.78 |
Golden Heaven 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 Golden Heaven's Buy-and-hold return. Our buy-and-hold chart shows how Golden Heaven performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Golden Heaven Market Price Analysis
Market price analysis indicators help investors to evaluate how Golden Heaven stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golden Heaven shares will generate the highest return on investment. By understating and applying Golden Heaven stock market price indicators, traders can identify Golden Heaven position entry and exit signals to maximize returns.
Golden Heaven Return and Market Media
The median price of Golden Heaven for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 2.53 with a coefficient of variation of 45.84. The daily time series for the period is distributed with a sample standard deviation of 1.41, arithmetic mean of 3.07, and mean deviation of 1.17. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Golden Heaven Group Announces Share Consolidation - TipRanks | 09/16/2024 |
2 | GDHG Stock Surges 5.70 percent Amid Positive Earnings Report | 10/07/2024 |
3 | GDHG Stock Plummets 7.46 percent Amidst Industry Gains | 11/07/2024 |
4 | Golden Heaven Group secures investment of 25.2M | 11/19/2024 |
5 | Johns Lyng Group Issues New Performance Rights - MSN | 11/20/2024 |
6 | GDHG Stock Dips Amidst Leisure Industry Fluctuations | 11/25/2024 |
About Golden Heaven 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 Golden or other stocks. Alpha measures the amount that position in Golden Heaven Group 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) | Days Sales Outstanding | 0.46 | 0.66 | 0.76 | 0.69 | PTB Ratio | 209.16 | 333.98 | 384.07 | 335.51 |
Golden Heaven Upcoming Company Events
As portrayed in its financial statements, the presentation of Golden Heaven's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Golden Heaven's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Golden Heaven's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Golden Heaven. Please utilize our Beneish M Score to check the likelihood of Golden Heaven's management manipulating its earnings.
| 3rd of August 2023 Upcoming Quarterly Report | View | |
| 30th of June 2023 Next Fiscal Quarter End | View |
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Check out Golden Heaven Backtesting, Golden Heaven Valuation, Golden Heaven Correlation, Golden Heaven Hype Analysis, Golden Heaven Volatility, Golden Heaven History and analyze Golden Heaven Performance. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Golden Heaven 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.