Waystar Holding Corp Stock Alpha and Beta Analysis
| WAY Stock | 31.14 0.22 0.71% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Waystar Holding Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Waystar Holding over a specified time horizon. Remember, high Waystar Holding'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 Waystar Holding's market risk premium analysis include:
Beta 0.4 | Alpha 0.22 | Risk 1.53 | Sharpe Ratio 0.17 | 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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Waystar Holding Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Waystar Holding market risk premium is the additional return an investor will receive from holding Waystar Holding 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 Waystar Holding. 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 Waystar Holding's performance over market.| α | 0.22 | β | 0.40 |
Waystar Holding 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 Waystar Holding's Buy-and-hold return. Our buy-and-hold chart shows how Waystar Holding performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Waystar Holding Market Price Analysis
Market price analysis indicators help investors to evaluate how Waystar Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Waystar Holding shares will generate the highest return on investment. By understating and applying Waystar Holding stock market price indicators, traders can identify Waystar Holding position entry and exit signals to maximize returns.
Waystar Holding Return and Market Media
The median price of Waystar Holding for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 27.58 with a coefficient of variation of 5.51. The daily time series for the period is distributed with a sample standard deviation of 1.54, arithmetic mean of 27.96, and mean deviation of 1.18. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | HYZON, NEW WAY AND RECOLOGY JOIN U.S. DEPARTMENT OF ENERGY AT CLEAN ENERGY EVENT TO SHOWCASE NORTH AMERICAS FIRST HYDROGEN FUEL CELL ELECTRIC REFUSE COLLECTION ... | 08/30/2024 |
2 | AxisCare Announces Integration With Waystar for Enhanced Third-Party Payer Claim Submission | 09/16/2024 |
3 | IPOs 2024 Waystar Delivers A Successful IPO | 09/25/2024 |
4 | HOLA, PERFECT DAY MEXICO A NEW ROYAL CARIBBEAN DESTINATION IS ON ITS WAY | 10/09/2024 |
5 | Waystar to Announce Third Quarter 2024 Financial Results on November 6, 2024 | 10/14/2024 |
6 | How the 2024 Election Will Impact The Workplace Wellness for Women. | 10/29/2024 |
7 | Waystar Holding Corp Q3 2024 Earnings Call Highlights Strong Revenue Growth and ... | 11/07/2024 |
8 | VOTERS APPROVE MEASURE X PAVING WAY FOR HAZEL HAWKINS HOSPITALS BRIGHT FUTURE | 11/18/2024 |
About Waystar Holding 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 Waystar or other stocks. Alpha measures the amount that position in Waystar Holding 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.
| 2010 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 64.99 | 57.7 | 61.32 | 67.47 | PTB Ratio | 1.63 | 1.64 | 1.68 | 1.32 |
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 Waystar Holding 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, Waystar Holding's short interest history, or implied volatility extrapolated from Waystar Holding options trading.
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Additional Tools for Waystar Stock Analysis
When running Waystar Holding's price analysis, check to measure Waystar Holding'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 Waystar Holding is operating at the current time. Most of Waystar Holding's value examination focuses on studying past and present price action to predict the probability of Waystar Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waystar Holding's price. Additionally, you may evaluate how the addition of Waystar Holding to your portfolios can decrease your overall portfolio volatility.