Spotify Technology Sa Stock Alpha and Beta Analysis
| SPOT Stock | USD 475.04 4.34 0.92% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Spotify Technology SA. It also helps investors analyze the systematic and unsystematic risks associated with investing in Spotify Technology over a specified time horizon. Remember, high Spotify Technology'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 Spotify Technology's market risk premium analysis include:
Beta (0.04) | Alpha 0.54 | Risk 2.15 | Sharpe Ratio 0.26 | Expected Return 0.55 |
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.
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Spotify Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Spotify Technology market risk premium is the additional return an investor will receive from holding Spotify Technology 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 Spotify Technology. 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 Spotify Technology's performance over market.| α | 0.54 | β | -0.04 |
Spotify Technology 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 Spotify Technology's Buy-and-hold return. Our buy-and-hold chart shows how Spotify Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Spotify Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Spotify Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spotify Technology shares will generate the highest return on investment. By understating and applying Spotify Technology stock market price indicators, traders can identify Spotify Technology position entry and exit signals to maximize returns.
Spotify Technology Return and Market Media
The median price of Spotify Technology for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 375.4 with a coefficient of variation of 10.93. The daily time series for the period is distributed with a sample standard deviation of 41.66, arithmetic mean of 381.06, and mean deviation of 29.52. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Spotify Technology 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 Spotify or other stocks. Alpha measures the amount that position in Spotify Technology 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.
Spotify Technology Upcoming Company Events
As portrayed in its financial statements, the presentation of Spotify Technology's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Spotify Technology's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Spotify Technology's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Spotify Technology. Please utilize our Beneish M Score to check the likelihood of Spotify Technology's management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th 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 Spotify Stock Analysis
When running Spotify Technology's price analysis, check to measure Spotify Technology's 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 Spotify Technology is operating at the current time. Most of Spotify Technology's value examination focuses on studying past and present price action to predict the probability of Spotify Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spotify Technology's price. Additionally, you may evaluate how the addition of Spotify Technology to your portfolios can decrease your overall portfolio volatility.