Mirion Technologies Stock Alpha and Beta Analysis
| MIR Stock | USD 15.84 0.27 1.73% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Mirion Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Mirion Technologies over a specified time horizon. Remember, high Mirion Technologies' 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 Mirion Technologies' market risk premium analysis include:
Beta 0.4 | Alpha 0.18 | Risk 3.51 | Sharpe Ratio 0.0511 | Expected Return 0.18 |
Mirion Technologies Quarterly Cash And Equivalents |
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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.
Mirion |
Mirion Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Mirion Technologies market risk premium is the additional return an investor will receive from holding Mirion Technologies 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 Mirion Technologies. 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 Mirion Technologies' performance over market.| α | 0.18 | β | 0.40 |
Mirion Technologies 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 Mirion Technologies' Buy-and-hold return. Our buy-and-hold chart shows how Mirion Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Mirion Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how Mirion Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mirion Technologies shares will generate the highest return on investment. By understating and applying Mirion Technologies stock market price indicators, traders can identify Mirion Technologies position entry and exit signals to maximize returns.
Mirion Technologies Return and Market Media
The median price of Mirion Technologies for the period between Sun, Nov 3, 2024 and Sat, Feb 1, 2025 is 16.54 with a coefficient of variation of 7.75. The daily time series for the period is distributed with a sample standard deviation of 1.28, arithmetic mean of 16.46, and mean deviation of 1.08. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 3150000 shares by Kingsley Lawrence D of Mirion Technologies subject to Rule 16b-3 | 11/05/2024 |
2 | Acquisition by Brian Schopfer of 175000 shares of Mirion Technologies at 14.0 subject to Rule 16b-3 | 11/12/2024 |
3 | Mirion to Present at Goldman Sachs Industrials and Materials Conference | 11/21/2024 |
4 | Mirion Technologies Seems To Use Debt Quite Sensibly | 12/04/2024 |
5 | Reflecting On Inspection Instruments Stocks Q3 Earnings Badger Meter | 12/06/2024 |
6 | Mirion Technologies Is a Great Choice for Trend Investors, Heres Why | 12/12/2024 |
7 | Disposition of 44000 shares by Loic Eloy of Mirion Technologies at 17.89 subject to Rule 16b-3 | 12/13/2024 |
8 | Disposition of 525000 shares by Brian Schopfer of Mirion Technologies subject to Rule 16b-3 | 12/17/2024 |
9 | Mirion Technologies Group President of Technologies Loic Eloy Sells 34 percent Of Holding | 12/20/2024 |
10 | Disposition of 5913 shares by Emmanuelle Lee of Mirion Technologies at 18.1 subject to Rule 16b-3 | 12/27/2024 |
11 | Acquisition by Markopoulos Jody of 1095 shares of Mirion Technologies subject to Rule 16b-3 | 12/31/2024 |
12 | Acquisition by Markopoulos Jody of 1730 shares of Mirion Technologies subject to Rule 16b-3 | 01/02/2025 |
13 | FARO Strongest Q3 Results from the Inspection Instruments Group | 01/14/2025 |
14 | Why Mirion Technologies Stocks Are Under the Spotlight - TipRanks | 01/27/2025 |
About Mirion Technologies 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 Mirion or other stocks. Alpha measures the amount that position in Mirion Technologies 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.
| 2022 | 2023 | 2024 | 2025 (projected) | Payables Turnover | 5.92 | 7.57 | 8.71 | 8.27 | Days Of Inventory On Hand | 130.57 | 118.33 | 136.08 | 150.17 |
Mirion Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of Mirion Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Mirion Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Mirion Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Mirion Technologies. Please utilize our Beneish M Score to check the likelihood of Mirion Technologies' management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Additional Tools for Mirion Stock Analysis
When running Mirion Technologies' price analysis, check to measure Mirion Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mirion Technologies is operating at the current time. Most of Mirion Technologies' value examination focuses on studying past and present price action to predict the probability of Mirion Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirion Technologies' price. Additionally, you may evaluate how the addition of Mirion Technologies to your portfolios can decrease your overall portfolio volatility.