Movano Inc Stock Alpha and Beta Analysis
| MOVE Stock | USD 3.59 0.15 4.36% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Movano Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Movano over a specified time horizon. Remember, high Movano'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 Movano's market risk premium analysis include:
Beta 2.13 | Alpha (0.73) | Risk 5.64 | Sharpe Ratio (0.07) | Expected Return (0.38) |
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.
Movano |
Movano Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Movano market risk premium is the additional return an investor will receive from holding Movano 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 Movano. 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 Movano's performance over market.| α | -0.73 | β | 2.13 |
Movano 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 Movano's Buy-and-hold return. Our buy-and-hold chart shows how Movano performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Movano Market Price Analysis
Market price analysis indicators help investors to evaluate how Movano stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Movano shares will generate the highest return on investment. By understating and applying Movano stock market price indicators, traders can identify Movano position entry and exit signals to maximize returns.
Movano Return and Market Media
The median price of Movano for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 4.81 with a coefficient of variation of 15.88. The daily time series for the period is distributed with a sample standard deviation of 0.73, arithmetic mean of 4.62, and mean deviation of 0.59. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Evie, Movano Healths Smart Ring for Women, is Back In Stock with Key Upgrades | 09/17/2024 |
2 | Move Concierge Announces Partnership with Real Estate Brokerage Platform Side | 10/08/2024 |
3 | Movement Labs unveils finalists for Web3 hackathon with 2M in prizes | 10/10/2024 |
4 | Movano Health Plans Response Submission to FDA Next Week as Part of EvieMED Final Review Phase | 10/24/2024 |
5 | Movano Health Announces Reverse Stock Split | 10/25/2024 |
6 | Armanino Receives 2024 MOVE Project Award for Best Firm for Women and Equity Leadership | 11/04/2024 |
7 | SPX 500 Downside tail-risk protection activities prevail on the eve of the US presidential election - MarketPulse | 11/05/2024 |
8 | Movano Health Announces Completion of Clinical Study with Cuffless RF Blood Pressure Device | 11/07/2024 |
9 | Movano Inc. Q3 2024 Earnings Call Transcript | 11/15/2024 |
10 | Academy Medtech Ventures Launches Move PT An AI-Powered Platform Transforming Rehabilitation and Patient Care | 11/21/2024 |
About Movano 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 Movano or other stocks. Alpha measures the amount that position in Movano Inc 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.
Movano Upcoming Company Events
As portrayed in its financial statements, the presentation of Movano's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Movano's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Movano's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Movano. Please utilize our Beneish M Score to check the likelihood of Movano's management manipulating its earnings.
| 18th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Movano
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 Movano Backtesting, Movano Valuation, Movano Correlation, Movano Hype Analysis, Movano Volatility, Movano History and analyze Movano Performance. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Movano 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.