Staar Surgical Stock Alpha and Beta Analysis
| STAA Stock | USD 26.68 0.05 0.19% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as STAAR Surgical. It also helps investors analyze the systematic and unsystematic risks associated with investing in STAAR Surgical over a specified time horizon. Remember, high STAAR Surgical'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 STAAR Surgical's market risk premium analysis include:
Beta 1.45 | Alpha (0.55) | Risk 3.23 | Sharpe Ratio (0.08) | Expected Return (0.27) |
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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.
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STAAR Surgical Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. STAAR Surgical market risk premium is the additional return an investor will receive from holding STAAR Surgical 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 STAAR Surgical. 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 STAAR Surgical's performance over market.| α | -0.55 | β | 1.45 |
STAAR Surgical 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 STAAR Surgical's Buy-and-hold return. Our buy-and-hold chart shows how STAAR Surgical performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.STAAR Surgical Market Price Analysis
Market price analysis indicators help investors to evaluate how STAAR Surgical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading STAAR Surgical shares will generate the highest return on investment. By understating and applying STAAR Surgical stock market price indicators, traders can identify STAAR Surgical position entry and exit signals to maximize returns.
STAAR Surgical Return and Market Media
The median price of STAAR Surgical for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 31.19 with a coefficient of variation of 7.75. The daily time series for the period is distributed with a sample standard deviation of 2.42, arithmetic mean of 31.23, and mean deviation of 1.77. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Community members take aim at Fort Worth ISD superintendent, board amid academic concerns | 09/18/2024 |
2 | From Capitol to Classroom Texans Deserve World-Class Public Education, and Teachers Need Competitive Wages and Compensation | 09/30/2024 |
3 | Acquisition by Patrick Williams of 24460 shares of STAAR Surgical subject to Rule 16b-3 | 10/16/2024 |
4 | Staar Surgical Co Stock Price Down 3.93 percent on Oct 21 | 10/21/2024 |
5 | What To Expect From Staar Surgical Co Q3 2024 Earnings | 10/29/2024 |
6 | STAAR Surgical earnings beat by 0.02, revenue topped estimates | 10/30/2024 |
7 | Biogen down as Morgan Stanley cuts rating on sluggish Alzheimers drug launch | 10/31/2024 |
8 | STAAR Surgical Third Quarter 2024 Earnings Beats Expectations | 11/01/2024 |
9 | Staar Surgical Co Stock Price Up 3.43 percent on Nov 4 | 11/04/2024 |
10 | Stifel cuts STAAR Surgical stock target, maintains buy amid China concerns | 11/07/2024 |
11 | STAAR Surgical to Participate in Stephens Annual Investment Conference | 11/13/2024 |
12 | LMR Partners LLP Buys 743 Shares of STAAR Surgical | 11/20/2024 |
About STAAR Surgical 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 STAAR or other stocks. Alpha measures the amount that position in STAAR Surgical 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.
| 2016 | 2021 | 2022 | 2024 (projected) | Days Sales Outstanding | 78.67 | 68.94 | 110.92 | 51.25 | PTB Ratio | 18.32 | 16.67 | 3.92 | 26.66 |
STAAR Surgical Upcoming Company Events
As portrayed in its financial statements, the presentation of STAAR Surgical's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, STAAR Surgical's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of STAAR Surgical's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of STAAR Surgical. Please utilize our Beneish M Score to check the likelihood of STAAR Surgical's management manipulating its earnings.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th 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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Check out STAAR Surgical Backtesting, STAAR Surgical Valuation, STAAR Surgical Correlation, STAAR Surgical Hype Analysis, STAAR Surgical Volatility, STAAR Surgical History and analyze STAAR Surgical Performance. For information on how to trade STAAR Stock refer to our How to Trade STAAR Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
STAAR Surgical 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.