Mitek Systems Stock Alpha and Beta Analysis
| MITK Stock | USD 9.59 0.25 2.68% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Mitek Systems. It also helps investors analyze the systematic and unsystematic risks associated with investing in Mitek Systems over a specified time horizon. Remember, high Mitek Systems' 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 Mitek Systems' market risk premium analysis include:
Beta 1.61 | Alpha (0.20) | Risk 2.27 | Sharpe Ratio 0.0402 | Expected Return 0.0912 |
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.
Mitek |
Mitek Systems Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Mitek Systems market risk premium is the additional return an investor will receive from holding Mitek Systems 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 Mitek Systems. 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 Mitek Systems' performance over market.| α | -0.2 | β | 1.61 |
Mitek Systems 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 Mitek Systems' Buy-and-hold return. Our buy-and-hold chart shows how Mitek Systems performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Mitek Systems Market Price Analysis
Market price analysis indicators help investors to evaluate how Mitek Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mitek Systems shares will generate the highest return on investment. By understating and applying Mitek Systems stock market price indicators, traders can identify Mitek Systems position entry and exit signals to maximize returns.
Mitek Systems Return and Market Media
The median price of Mitek Systems for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 8.76 with a coefficient of variation of 4.27. The daily time series for the period is distributed with a sample standard deviation of 0.38, arithmetic mean of 8.84, and mean deviation of 0.32. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Concerned Stockholder Group Votes Against the Re-Election of Mitek Systems Board of Directors | 09/05/2024 |
2 | Acquisition by Gupta Rahul of 20988 shares of Mitek Systems at 8.1 subject to Rule 16b-3 | 09/10/2024 |
3 | EVR Research LP Acquires Shares of 264,466 Mitek Systems, Inc. - MarketBeat | 09/26/2024 |
4 | Mitek Announces Inducement Grants Under Nasdaq Listing Rule 5635 | 10/01/2024 |
5 | Insider Trading | 10/03/2024 |
6 | Disposition of 40000 shares by Hale James C Iii of Mitek Systems at 2.66 subject to Rule 16b-3 | 10/11/2024 |
7 | Is Mitek Systems, Inc. the Best Oversold Tech Stock to Buy Right Now | 10/28/2024 |
8 | Acquisition by Fay James Daniel of 18867 shares of Mitek Systems subject to Rule 16b-3 | 11/08/2024 |
9 | Blue Grotto Capital, LLC Reduces Stake in Mitek Systems Inc | 11/13/2024 |
About Mitek Systems 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 Mitek or other stocks. Alpha measures the amount that position in Mitek Systems 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 | 108.93 | 106.8 | 122.81 | 100.43 | PTB Ratio | 2.4 | 2.38 | 2.14 | 2.03 |
Mitek Systems Upcoming Company Events
As portrayed in its financial statements, the presentation of Mitek Systems' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Mitek Systems' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Mitek Systems' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Mitek Systems. Please utilize our Beneish M Score to check the likelihood of Mitek Systems' management manipulating its earnings.
| 3rd of September 2024 Upcoming Quarterly Report | View | |
| 12th of September 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of July 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2022 Last Financial Announcement | View |
Build Portfolio with Mitek Systems
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 Mitek Systems Backtesting, Mitek Systems Valuation, Mitek Systems Correlation, Mitek Systems Hype Analysis, Mitek Systems Volatility, Mitek Systems History and analyze Mitek Systems Performance. For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Mitek Systems 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.