Oddity Tech Ltd Stock Alpha and Beta Analysis
| ODD Stock | 48.69 0.86 1.74% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ODDITY Tech Ltd. It also helps investors analyze the systematic and unsystematic risks associated with investing in ODDITY Tech over a specified time horizon. Remember, high ODDITY Tech'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 ODDITY Tech's market risk premium analysis include:
Beta 1.53 | Alpha 0.45 | Risk 3.13 | Sharpe Ratio 0.18 | Expected Return 0.55 |
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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.
ODDITY |
ODDITY Tech Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ODDITY Tech market risk premium is the additional return an investor will receive from holding ODDITY Tech 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 ODDITY Tech. 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 ODDITY Tech's performance over market.| α | 0.45 | β | 1.53 |
ODDITY Tech 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 ODDITY Tech's Buy-and-hold return. Our buy-and-hold chart shows how ODDITY Tech performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ODDITY Tech Market Price Analysis
Market price analysis indicators help investors to evaluate how ODDITY Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ODDITY Tech shares will generate the highest return on investment. By understating and applying ODDITY Tech stock market price indicators, traders can identify ODDITY Tech position entry and exit signals to maximize returns.
ODDITY Tech Return and Market Media
The median price of ODDITY Tech for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 is 40.0 with a coefficient of variation of 9.84. The daily time series for the period is distributed with a sample standard deviation of 4.0, arithmetic mean of 40.69, and mean deviation of 3.11. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Class Action Filed Against ODDITY Tech Ltd. Seeking Recovery for Investors - Contact Levi Korsinsky | 09/16/2024 |
2 | ODDITY Tech Ltd Q2 2024 Earnings Call Highlights Strong Revenue Growth and Strategic ... | 10/09/2024 |
3 | Oddity Tech Reports Record Third Quarter Results, Raises Outlook | 11/06/2024 |
4 | Oddity Tech Issues FY 2024 Earnings Guidance | 11/07/2024 |
5 | Oddity Tech Q3 2024 Earnings Call Transcript | 11/08/2024 |
6 | ODDITY Tech Ltd.s SWOT analysis beauty innovators stock faces growth challenges | 11/12/2024 |
7 | L Catterton Agrees to Sell 100 Million of Shares Back to ODDITY | 11/13/2024 |
8 | ODDITY Tech Ltd Trading Down 5.03 percent on Nov 14 | 11/14/2024 |
9 | Can Oddity Tech Climb 28.74 percent to Reach the Level Wall Street Analysts Expect | 11/20/2024 |
10 | Oddity Tech Recently Broke Out Above the 20-Day Moving Average | 11/22/2024 |
11 | Oddity Tech Ltd. Shares Bought by Bamco Inc. NY | 12/03/2024 |
12 | Oddity Tech Stock Earns Relative Strength Rating Upgrade - Yahoo Voices | 12/09/2024 |
About ODDITY Tech 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 ODDITY or other stocks. Alpha measures the amount that position in ODDITY Tech 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 | 8.43 | 8.52 | 7.12 | 10.74 | PTB Ratio | 39.15 | 27.23 | 9.35 | 8.88 |
ODDITY Tech Upcoming Company Events
As portrayed in its financial statements, the presentation of ODDITY Tech's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ODDITY Tech's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of ODDITY Tech's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of ODDITY Tech. Please utilize our Beneish M Score to check the likelihood of ODDITY Tech's management manipulating its earnings.
| 16th of July 2024 Upcoming Quarterly Report | View | |
| 16th of July 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 16th of July 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 ODDITY Tech Backtesting, ODDITY Tech Valuation, ODDITY Tech Correlation, ODDITY Tech Hype Analysis, ODDITY Tech Volatility, ODDITY Tech History and analyze ODDITY Tech Performance. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
ODDITY Tech 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.