Quidel Stock Alpha and Beta Analysis
| QDEL Stock | USD 41.35 0.25 0.60% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Quidel. It also helps investors analyze the systematic and unsystematic risks associated with investing in Quidel over a specified time horizon. Remember, high Quidel'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 Quidel's market risk premium analysis include:
Beta 1.3 | Alpha (0.20) | Risk 3.09 | Sharpe Ratio (0.04) | Expected Return (0.13) |
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.
Quidel |
Quidel Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Quidel market risk premium is the additional return an investor will receive from holding Quidel 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 Quidel. 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 Quidel's performance over market.| α | -0.2 | β | 1.30 |
Quidel 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 Quidel's Buy-and-hold return. Our buy-and-hold chart shows how Quidel performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Quidel Market Price Analysis
Market price analysis indicators help investors to evaluate how Quidel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Quidel shares will generate the highest return on investment. By understating and applying Quidel stock market price indicators, traders can identify Quidel position entry and exit signals to maximize returns.
Quidel Return and Market Media
The median price of Quidel for the period between Tue, Sep 17, 2024 and Mon, Dec 16, 2024 is 40.95 with a coefficient of variation of 6.5. The daily time series for the period is distributed with a sample standard deviation of 2.68, arithmetic mean of 41.27, and mean deviation of 2.24. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | QuidelOrtho Corp Stock Price Down 4.21 percent on Sep 25 | 09/25/2024 |
2 | Disposition of 0 shares by Michelle Hodges of Quidel subject to Rule 16b-3 | 10/15/2024 |
3 | Disposition of 1290 shares by Carlyle Group Inc. of Quidel at 35.3292 subject to Rule 16b-3 | 10/22/2024 |
4 | QuidelOrtho Corp Stock Price Up 3.99 percent on Nov 1 | 11/01/2024 |
5 | QuidelOrtho Corp Q3 2024 Earnings Call Highlights Strategic Initiatives Drive Growth ... | 11/08/2024 |
6 | QuidelOrtho Corp Shares Down 3.94 percent on Nov 13 | 11/13/2024 |
7 | Insider Trading | 11/15/2024 |
8 | Carlyle Group Q3 Highlights Key Holdings and Portfolio Changes | 11/18/2024 |
9 | QuidelOrtho Corporation Announces Pricing of Secondary Offering of Common Stock by the Carlyle Group | 11/20/2024 |
10 | Disposition of 8260183 shares by Carlyle Group Inc. of Quidel at 35.314 subject to Rule 16b-3 | 11/21/2024 |
11 | QuidelOrtho Corp Shares Up 3.43 percent on Nov 22 | 11/22/2024 |
12 | Disposition of 238 shares by Michelle Hodges of Quidel subject to Rule 16b-3 | 11/29/2024 |
13 | Quidel shares initiated with Hold rating, 43 target by Jefferies | 12/09/2024 |
14 | Acquisition by Brian Blaser of 6033 shares of Quidel at 41.4186 subject to Rule 16b-3 | 12/11/2024 |
About Quidel 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 Quidel or other stocks. Alpha measures the amount that position in Quidel 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.00121 | 9.69E-4 | Price To Sales Ratio | 1.64 | 2.53 |
Quidel Upcoming Company Events
As portrayed in its financial statements, the presentation of Quidel's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Quidel's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Quidel's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Quidel. Please utilize our Beneish M Score to check the likelihood of Quidel's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 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 Quidel Backtesting, Quidel Valuation, Quidel Correlation, Quidel Hype Analysis, Quidel Volatility, Quidel History and analyze Quidel Performance. For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Quidel 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.