Yy Inc Class Stock Alpha and Beta Analysis
| YY Stock | USD 33.91 2.12 5.88% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as YY Inc Class. It also helps investors analyze the systematic and unsystematic risks associated with investing in YY over a specified time horizon. Remember, high YY'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 YY's market risk premium analysis include:
Beta 0.25 | Alpha (0.03) | Risk 2.07 | Sharpe Ratio 0.015 | Expected Return 0.0312 |
Enterprise Value |
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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.
YY |
YY Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. YY market risk premium is the additional return an investor will receive from holding YY 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 YY. 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 YY's performance over market.| α | -0.03 | β | 0.25 |
YY 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 YY's Buy-and-hold return. Our buy-and-hold chart shows how YY performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.YY Market Price Analysis
Market price analysis indicators help investors to evaluate how YY stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading YY shares will generate the highest return on investment. By understating and applying YY stock market price indicators, traders can identify YY position entry and exit signals to maximize returns.
YY Return and Market Media
The median price of YY for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 34.75 with a coefficient of variation of 3.28. The daily time series for the period is distributed with a sample standard deviation of 1.15, arithmetic mean of 34.96, and mean deviation of 1.0. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | JOYY Inc. Shares Bought by Point72 Hong Kong Ltd - MarketBeat | 09/25/2024 |
2 | YY Circle Launches Advanced Workforce Solutions in the UK | 10/02/2024 |
3 | Mackenzie Financial Corp Sells 23,983 Shares of JOYY Inc. - MarketBeat | 10/07/2024 |
4 | JOYY Inc Stock Price Down 5.08 percent on Oct 15 | 10/15/2024 |
5 | JOYY Inc Shares Up 4.56 percent on Oct 22 | 10/22/2024 |
6 | JOYY Inc Shares Up 5.84 percent on Nov 13 | 11/13/2024 |
7 | JOYY Inc Trading Down 3.44 percent on Nov 22 | 11/22/2024 |
About YY 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 YY or other stocks. Alpha measures the amount that position in YY Inc Class 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) | Dividend Yield | 0.0451 | 0.0642 | 0.0324 | 0.0286 | Price To Sales Ratio | 1.35 | 0.94 | 1.15 | 1.09 |
YY Upcoming Company Events
As portrayed in its financial statements, the presentation of YY's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, YY's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of YY's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of YY. Please utilize our Beneish M Score to check the likelihood of YY's management manipulating its earnings.
| 20th of March 2024 Upcoming Quarterly Report | View | |
| 4th of June 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of March 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 YY Stock Analysis
When running YY's price analysis, check to measure YY'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 YY is operating at the current time. Most of YY's value examination focuses on studying past and present price action to predict the probability of YY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YY's price. Additionally, you may evaluate how the addition of YY to your portfolios can decrease your overall portfolio volatility.