Silk Road Medical Alpha and Beta Analysis
| SILKDelisted Stock | USD 27.49 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Silk Road Medical. It also helps investors analyze the systematic and unsystematic risks associated with investing in Silk Road over a specified time horizon. Remember, high Silk Road'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 Silk Road's market risk premium analysis include:
Beta 0.0115 | Alpha 0.0231 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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.
Silk |
Silk Road Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Silk Road market risk premium is the additional return an investor will receive from holding Silk Road 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 Silk Road. 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 Silk Road's performance over market.| α | 0.02 | β | 0.01 |
Silk Road Fundamentals Vs Peers
Comparing Silk Road's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Silk Road's direct or indirect competition across all of the common fundamentals between Silk Road and the related equities. This way, we can detect undervalued stocks with similar characteristics as Silk Road or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Silk Road's fundamental indicators could also be used in its relative valuation, which is a method of valuing Silk Road by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Silk Road to competition |
| Fundamentals | Silk Road | Peer Average |
| Return On Equity | -0.36 | -0.31 |
| Return On Asset | -0.14 | -0.14 |
| Profit Margin | (0.30) % | (1.27) % |
| Operating Margin | (0.34) % | (5.51) % |
| Current Valuation | 1.02 B | 16.62 B |
| Shares Outstanding | 40.63 M | 571.82 M |
| Shares Owned By Insiders | 4.15 % | 10.09 % |
Silk Road Opportunities
Silk Road Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Boston Scientific Announces Results for Second Quarter 2024 | 07/24/2024 |
2 | Silk Road Medical Celebrates Milestone of 100,000 Transcarotid Artery Revascularization Procedures | 07/30/2024 |
3 | Silk Road Medical Inc Q2 2024 Earnings Revenue Surpasses Estimates at 51. ... | 08/07/2024 |
4 | The past three years for Silk Road Medical investors has not been profitable | 08/12/2024 |
5 | Disposition of 2268 shares by Kevin Klemz of Silk Road at 27.103 subject to Rule 16b-3 | 08/19/2024 |
6 | Versor Investments LP Takes 858,000 Position in Silk Road Medical, Inc - MarketBeat | 09/03/2024 |
7 | Silk Road Medical Surged After the Acquisition News | 09/12/2024 |
8 | Boston Scientific closes Silk Road Medical acquisition | 09/17/2024 |
9 | Mastering LinkedIn Ads Digital Silk Offers Tips on Targeted Advertising Campaigns | 09/25/2024 |
About Silk Road 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 Silk or other delisted stocks. Alpha measures the amount that position in Silk Road Medical 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.
Silk Road Upcoming Company Events
As portrayed in its financial statements, the presentation of Silk Road's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Silk Road's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Silk Road's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Silk Road. Please utilize our Beneish M Score to check the likelihood of Silk Road's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 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 Silk Road
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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Silk Stock
If you are still planning to invest in Silk Road Medical check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Silk Road's history and understand the potential risks before investing.
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