Perpetua Resources Corp Stock Alpha and Beta Analysis
| PPTA Stock | USD 9.88 0.08 0.82% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Perpetua Resources Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Perpetua Resources over a specified time horizon. Remember, high Perpetua Resources' 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 Perpetua Resources' market risk premium analysis include:
Beta 0.69 | Alpha 0.21 | Risk 4.56 | Sharpe Ratio 0.0551 | Expected Return 0.25 |
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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.
Perpetua |
Perpetua Resources Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Perpetua Resources market risk premium is the additional return an investor will receive from holding Perpetua Resources 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 Perpetua Resources. 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 Perpetua Resources' performance over market.| α | 0.21 | β | 0.69 |
Perpetua Resources 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 Perpetua Resources' Buy-and-hold return. Our buy-and-hold chart shows how Perpetua Resources performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Perpetua Resources Market Price Analysis
Market price analysis indicators help investors to evaluate how Perpetua Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Perpetua Resources shares will generate the highest return on investment. By understating and applying Perpetua Resources stock market price indicators, traders can identify Perpetua Resources position entry and exit signals to maximize returns.
Perpetua Resources Return and Market Media
The median price of Perpetua Resources for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 9.16 with a coefficient of variation of 6.97. The daily time series for the period is distributed with a sample standard deviation of 0.65, arithmetic mean of 9.31, and mean deviation of 0.55. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Idaho Mine May Become Only U.S. Domestic Source of Sb | 09/06/2024 |
2 | Perpetua Resources Stock Price Down 3.2 percent - MarketBeat | 09/23/2024 |
3 | Perpetua Resources executive sells shares worth over 200k | 10/02/2024 |
4 | Perpetua Resources Corp Trading 4.78 percent Higher on Oct 18 | 10/18/2024 |
5 | Perpetua Resources Corp Shares Down 3.37 percent on Oct 23 | 10/23/2024 |
6 | SUN VALLEY GOLD LLC Adjusts Stake in Perpetua Resources Corp | 11/13/2024 |
7 | Perpetua stock offering to raise up to 40M for proposed Valley Co. mine - boisedev.com | 11/21/2024 |
About Perpetua Resources 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 Perpetua or other stocks. Alpha measures the amount that position in Perpetua Resources Corp 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) | PB Ratio | 2.32 | 2.14 | 2.77 | 2.18 | Capex To Depreciation | 5.52 | 8.4 | 5.37 | 5.1 |
Perpetua Resources Upcoming Company Events
As portrayed in its financial statements, the presentation of Perpetua Resources' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Perpetua Resources' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Perpetua Resources' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Perpetua Resources. Please utilize our Beneish M Score to check the likelihood of Perpetua Resources' management manipulating its earnings.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 10th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of March 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 Perpetua Resources
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Check out Perpetua Resources Backtesting, Perpetua Resources Valuation, Perpetua Resources Correlation, Perpetua Resources Hype Analysis, Perpetua Resources Volatility, Perpetua Resources History and analyze Perpetua Resources Performance. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Perpetua Resources 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.