Tactile Systems Technology Stock Alpha and Beta Analysis
| TCMD Stock | USD 19.54 0.61 3.22% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Tactile Systems Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in Tactile Systems over a specified time horizon. Remember, high Tactile Systems' 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 Tactile Systems' market risk premium analysis include:
Beta 1.63 | Alpha 0.46 | Risk 3.2 | Sharpe Ratio 0.2 | Expected Return 0.64 |
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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.
Tactile |
Tactile Systems Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Tactile Systems market risk premium is the additional return an investor will receive from holding Tactile Systems 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 Tactile Systems. 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 Tactile Systems' performance over market.| α | 0.46 | β | 1.63 |
Tactile Systems 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 Tactile Systems' Buy-and-hold return. Our buy-and-hold chart shows how Tactile Systems performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Tactile Systems Market Price Analysis
Market price analysis indicators help investors to evaluate how Tactile Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tactile Systems shares will generate the highest return on investment. By understating and applying Tactile Systems stock market price indicators, traders can identify Tactile Systems position entry and exit signals to maximize returns.
Tactile Systems Return and Market Media
The median price of Tactile Systems for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 14.3 with a coefficient of variation of 9.54. The daily time series for the period is distributed with a sample standard deviation of 1.4, arithmetic mean of 14.68, and mean deviation of 0.96. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | These 2 Medical Stocks Could Beat Earnings Why They Should Be on Your Radar | 10/15/2024 |
2 | Tactile Systems Technology Inc Q3 2024 Earnings Call Highlights Navigating Challenges ... | 11/05/2024 |
3 | Tactile Systems Technology Third Quarter 2024 Earnings EPS Beats Expectations, Revenues Lag | 11/06/2024 |
4 | William Blair Has Optimistic Outlook of TCMD Q4 Earnings | 11/07/2024 |
5 | CADIAN CAPITAL MANAGEMENT, LP Adjusts Stake in Tactile Systems Technology Inc | 11/14/2024 |
6 | Bull Of The Day Tactile Systems Technology | 11/18/2024 |
7 | U.S. politician just made one of the most suspicious trades ever | 11/22/2024 |
8 | Tactile Systems Technology, Inc. Hit a 52 Week High, Can the Run Continue | 11/26/2024 |
About Tactile Systems 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 Tactile or other stocks. Alpha measures the amount that position in Tactile Systems 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.0505 | 0.0449 | Price To Sales Ratio | 1.19 | 1.13 |
Tactile Systems Upcoming Company Events
As portrayed in its financial statements, the presentation of Tactile Systems' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tactile Systems' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Tactile Systems' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Tactile Systems. Please utilize our Beneish M Score to check the likelihood of Tactile Systems' management manipulating its earnings.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th 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 Tactile Systems Backtesting, Tactile Systems Valuation, Tactile Systems Correlation, Tactile Systems Hype Analysis, Tactile Systems Volatility, Tactile Systems History and analyze Tactile Systems Performance. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Tactile Systems 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.