Orasure Technologies Stock Alpha and Beta Analysis
| OSUR Stock | USD 3.62 0.02 0.55% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as OraSure Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in OraSure Technologies over a specified time horizon. Remember, high OraSure 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 OraSure Technologies' market risk premium analysis include:
Beta 0.14 | Alpha (0.22) | Risk 2.12 | Sharpe Ratio (0.11) | Expected Return (0.24) |
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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.
OraSure |
OraSure Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. OraSure Technologies market risk premium is the additional return an investor will receive from holding OraSure 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 OraSure 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 OraSure Technologies' performance over market.| α | -0.22 | β | 0.14 |
OraSure 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 OraSure Technologies' Buy-and-hold return. Our buy-and-hold chart shows how OraSure Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.OraSure Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how OraSure 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 OraSure Technologies shares will generate the highest return on investment. By understating and applying OraSure Technologies stock market price indicators, traders can identify OraSure Technologies position entry and exit signals to maximize returns.
OraSure Technologies Return and Market Media
The median price of OraSure Technologies for the period between Mon, Sep 30, 2024 and Sun, Dec 29, 2024 is 4.05 with a coefficient of variation of 4.69. The daily time series for the period is distributed with a sample standard deviation of 0.19, arithmetic mean of 4.01, and mean deviation of 0.16. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 12524 shares by Kenneth McGrath of OraSure Technologies at 6.49 subject to Rule 16b-3 | 11/04/2024 |
2 | OraSure Technologies Inc Q3 2024 Earnings Report Preview What To Look For | 11/05/2024 |
3 | OraSure Q3 Earnings Snapshot | 11/06/2024 |
4 | Earnings call OraSure Q3 performance steady, eyes growth in 2025 | 11/07/2024 |
5 | Heres What Analysts Are Forecasting For OraSure Technologies, Inc. After Its Third-Quarter Results | 11/08/2024 |
6 | Is OraSure Technologies a Great Value Stock Right Now | 11/12/2024 |
7 | OraSure stock hits 52-week low at 3.91 amid market challenges - Investing.com | 11/15/2024 |
8 | OraSure Receives Federal Funding for Development of Marburg Virus Rapid Antigen Test | 12/02/2024 |
9 | OraSure Technologies acquires Sherlock Biosciences | 12/19/2024 |
About OraSure 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 OraSure or other stocks. Alpha measures the amount that position in OraSure 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.0269 | 0.0139 | Price To Sales Ratio | 1.48 | 1.41 |
OraSure Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of OraSure Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OraSure Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of OraSure Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of OraSure Technologies. Please utilize our Beneish M Score to check the likelihood of OraSure Technologies' management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for OraSure Stock Analysis
When running OraSure Technologies' price analysis, check to measure OraSure 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 OraSure Technologies is operating at the current time. Most of OraSure Technologies' value examination focuses on studying past and present price action to predict the probability of OraSure Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OraSure Technologies' price. Additionally, you may evaluate how the addition of OraSure Technologies to your portfolios can decrease your overall portfolio volatility.