Full Truck Alliance Stock Alpha and Beta Analysis
| YMM Stock | USD 9.37 0.33 3.40% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Full Truck Alliance. It also helps investors analyze the systematic and unsystematic risks associated with investing in Full Truck over a specified time horizon. Remember, high Full Truck'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 Full Truck's market risk premium analysis include:
Beta 0.64 | Alpha 0.29 | Risk 3.43 | Sharpe Ratio 0.12 | Expected Return 0.4 |
Full Truck Quarterly Cash And Equivalents |
|
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.
Full |
Full Truck Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Full Truck market risk premium is the additional return an investor will receive from holding Full Truck 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 Full Truck. 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 Full Truck's performance over market.| α | 0.29 | β | 0.64 |
Full Truck 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 Full Truck's Buy-and-hold return. Our buy-and-hold chart shows how Full Truck performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Full Truck Market Price Analysis
Market price analysis indicators help investors to evaluate how Full Truck stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Full Truck shares will generate the highest return on investment. By understating and applying Full Truck stock market price indicators, traders can identify Full Truck position entry and exit signals to maximize returns.
Full Truck Return and Market Media
The median price of Full Truck for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 8.83 with a coefficient of variation of 10.73. The daily time series for the period is distributed with a sample standard deviation of 0.91, arithmetic mean of 8.47, and mean deviation of 0.79. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Full Truck Alliance Co. Ltd. Is This Cheap Technology Stock a Good Buy Right Now | 09/25/2024 |
2 | Full Truck Alliance Co. Ltd. Shares Acquired by Sylebra Capital LLC - MarketBeat | 09/30/2024 |
3 | Full Truck Alliance Shares Gap Down Should You Sell | 10/11/2024 |
4 | Full Truck Alliance Co. Ltd. to Announce Third Quarter 2024 Financial Results on Wednesday, November 20, 2024 | 10/31/2024 |
5 | BlackSky Technology Inc. Reports Q3 Loss, Lags Revenue Estimates | 11/07/2024 |
6 | SB Investment Advisers Ltd Increases Stake in Full Truck Alliance Co Ltd | 11/13/2024 |
7 | Full Truck Alliances Stock Soars 14 percent After Stunning Q3 Earnings | 11/20/2024 |
8 | Full Truck Alliance Co Ltd Q3 2024 Earnings Call Highlights Surging Revenues and ... | 11/21/2024 |
9 | YMM Soars Over 14 percent on Strong Q3 Performance and Growth Prospects | 11/22/2024 |
About Full Truck 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 Full or other stocks. Alpha measures the amount that position in Full Truck Alliance 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) | Days Sales Outstanding | 2.84 | 144.27 | 1.01 | 0.96 | PTB Ratio | 1.14 | 1.76 | 1.55 | 1.47 |
Full Truck Upcoming Company Events
As portrayed in its financial statements, the presentation of Full Truck's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Full Truck's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Full Truck's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Full Truck. Please utilize our Beneish M Score to check the likelihood of Full Truck's management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 27th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th 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 Full Truck
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Full Truck Backtesting, Full Truck Valuation, Full Truck Correlation, Full Truck Hype Analysis, Full Truck Volatility, Full Truck History and analyze Full Truck Performance. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Full Truck 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.