Hutchmed Drc Stock Alpha and Beta Analysis
| HCM Stock | USD 17.41 0.05 0.29% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as HUTCHMED DRC. It also helps investors analyze the systematic and unsystematic risks associated with investing in HUTCHMED DRC over a specified time horizon. Remember, high HUTCHMED DRC'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 HUTCHMED DRC's market risk premium analysis include:
Beta 0.47 | Alpha (0.06) | Risk 3.17 | Sharpe Ratio 0.0187 | Expected Return 0.0593 |
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.
HUTCHMED |
HUTCHMED DRC Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. HUTCHMED DRC market risk premium is the additional return an investor will receive from holding HUTCHMED DRC 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 HUTCHMED DRC. 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 HUTCHMED DRC's performance over market.| α | -0.06 | β | 0.47 |
HUTCHMED DRC 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 HUTCHMED DRC's Buy-and-hold return. Our buy-and-hold chart shows how HUTCHMED DRC performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.HUTCHMED DRC Market Price Analysis
Market price analysis indicators help investors to evaluate how HUTCHMED DRC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HUTCHMED DRC shares will generate the highest return on investment. By understating and applying HUTCHMED DRC stock market price indicators, traders can identify HUTCHMED DRC position entry and exit signals to maximize returns.
HUTCHMED DRC Return and Market Media
The median price of HUTCHMED DRC for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 17.95 with a coefficient of variation of 8.24. The daily time series for the period is distributed with a sample standard deviation of 1.52, arithmetic mean of 18.4, and mean deviation of 1.31. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | HCM obtains FDI approval and subscribes additional B-shares in Fingerprints partially guaranteed rights issue | 09/09/2024 |
2 | Lexicon to Present Phase 3 Trial Design for Sotagliflozin in Hypertrophic Cardiomyopathy at Upcoming Medical Congress | 09/27/2024 |
3 | Guidehouse Collaborates with Cal OES to Deploy Workday | 10/23/2024 |
4 | Oracle Named a Leader in Gartner Magic Quadrant for Cloud HCM Suites for 1,000 Employee Enterprises for Ninth Consecutive Year | 10/28/2024 |
5 | Dayforce Named a Leader in the 2024 Gartner Magic Quadrant for Cloud HCM Suites for 1,000 Employee Enterprises for Fifth Consecutive Year | 10/29/2024 |
6 | UKG Once Again Named a Leader in HCM by Gartner | 10/30/2024 |
7 | HUTCHMED Ltd Stock Price Up 3.89 percent on Nov 1 | 11/01/2024 |
8 | Paycor HCM, Inc. Q1 Earnings and Revenues Top Estimates | 11/06/2024 |
9 | HUTCHMED Ltd Stock Price Down 3.8 percent on Nov 8 | 11/08/2024 |
10 | TextUs Launches Oracle Taleo and HCM Integrations, Revolutionizing HR Communication Workflows and Streamlining Texting Adoption | 11/19/2024 |
11 | HUTCHMED appoints new independent director | 11/20/2024 |
12 | HUTCHMED Announces Launch by Takeda of FRUZAQLA | 11/22/2024 |
About HUTCHMED DRC 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 HUTCHMED or other stocks. Alpha measures the amount that position in HUTCHMED DRC 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.
HUTCHMED DRC Upcoming Company Events
As portrayed in its financial statements, the presentation of HUTCHMED DRC's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, HUTCHMED DRC's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of HUTCHMED DRC's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of HUTCHMED DRC. Please utilize our Beneish M Score to check the likelihood of HUTCHMED DRC's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 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 HUTCHMED DRC
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Check out HUTCHMED DRC Backtesting, HUTCHMED DRC Valuation, HUTCHMED DRC Correlation, HUTCHMED DRC Hype Analysis, HUTCHMED DRC Volatility, HUTCHMED DRC History and analyze HUTCHMED DRC Performance. To learn how to invest in HUTCHMED Stock, please use our How to Invest in HUTCHMED DRC guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
HUTCHMED DRC 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.