Sharps Technology Stock Alpha and Beta Analysis
| STSS Stock | USD 3.53 0.30 9.29% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sharps Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sharps Technology over a specified time horizon. Remember, high Sharps 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 Sharps Technology's market risk premium analysis include:
Beta 0.52 | Alpha (0.47) | Risk 7.08 | Sharpe Ratio (0.07) | Expected Return (0.49) |
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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.
Sharps |
Sharps Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sharps Technology market risk premium is the additional return an investor will receive from holding Sharps 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 Sharps 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 Sharps Technology's performance over market.| α | -0.47 | β | 0.52 |
Sharps 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 Sharps Technology's Buy-and-hold return. Our buy-and-hold chart shows how Sharps Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Sharps Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Sharps 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 Sharps Technology shares will generate the highest return on investment. By understating and applying Sharps Technology stock market price indicators, traders can identify Sharps Technology position entry and exit signals to maximize returns.
Sharps Technology Return and Market Media
The median price of Sharps Technology for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 3.37 with a coefficient of variation of 33.1. The daily time series for the period is distributed with a sample standard deviation of 1.32, arithmetic mean of 3.97, and mean deviation of 1.18. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Robert Hayes of 1000 shares of Sharps Technology at 1.19 subject to Rule 16b-3 | 09/03/2024 |
2 | Acquisition by Ruemler Timothy James of 90000 shares of Sharps Technology subject to Rule 16b-3 | 09/09/2024 |
3 | Sharps Technology gets 3.5M bridge loan financing | 09/23/2024 |
4 | Sharps Technology, Inc. Closes 3.5 Million Bridge Financing | 09/24/2024 |
5 | Aegis Capital Corp. Acted as Exclusive Placement Agent on a 3.5 Million Bridge Financing for Sharps Technology, Inc. | 09/27/2024 |
6 | Empery Asset Managements Strategic Reduction in Sharps Technology Inc | 10/09/2024 |
7 | Sharps Technology, Inc. Announces Stockholders Approval of Reverse Stock Split Ratio and Effective Date | 10/14/2024 |
8 | Disposition of 38571 shares by Alan Blackman of Sharps Technology at 7.0 subject to Rule 16b-3 | 11/20/2024 |
About Sharps 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 Sharps or other stocks. Alpha measures the amount that position in Sharps 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.
| 2021 | 2022 | 2023 | 2024 (projected) | PB Ratio | 135.76 | 22.37 | 15.03 | 14.28 | Capex To Depreciation | 79.05 | 1.15 | 0.79 | 0.75 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sharps Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sharps Technology's short interest history, or implied volatility extrapolated from Sharps Technology options trading.
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Additional Tools for Sharps Stock Analysis
When running Sharps Technology's price analysis, check to measure Sharps 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 Sharps Technology is operating at the current time. Most of Sharps Technology's value examination focuses on studying past and present price action to predict the probability of Sharps 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 Sharps Technology's price. Additionally, you may evaluate how the addition of Sharps Technology to your portfolios can decrease your overall portfolio volatility.