Eco Wave Power Stock Alpha and Beta Analysis
| WAVE Stock | USD 9.87 0.05 0.51% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eco Wave Power. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eco Wave over a specified time horizon. Remember, high Eco Wave'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 Eco Wave's market risk premium analysis include:
Beta (0.72) | Alpha 1.98 | Risk 11.17 | Sharpe Ratio 0.18 | Expected Return 2.05 |
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.
Eco |
Eco Wave Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Eco Wave market risk premium is the additional return an investor will receive from holding Eco Wave 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 Eco Wave. 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 Eco Wave's performance over market.| α | 1.98 | β | -0.72 |
Eco Wave 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 Eco Wave's Buy-and-hold return. Our buy-and-hold chart shows how Eco Wave performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Eco Wave Market Price Analysis
Market price analysis indicators help investors to evaluate how Eco Wave stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eco Wave shares will generate the highest return on investment. By understating and applying Eco Wave stock market price indicators, traders can identify Eco Wave position entry and exit signals to maximize returns.
Eco Wave Return and Market Media
The median price of Eco Wave for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 6.62 with a coefficient of variation of 36.92. The daily time series for the period is distributed with a sample standard deviation of 2.42, arithmetic mean of 6.56, and mean deviation of 2.13. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Allied Telesis Launches Plug-In for Hanwha Vision America Wisenet WAVE VMS | 09/23/2024 |
2 | Eco Wave Power Signs a Wave Energy Power Station Sale Agreement with Taiwanese Lian Tat for its First Onshore Wave Energy Project in Asia | 10/07/2024 |
3 | Following the Signing of the Power Station Sale Agreement with Lian Tat, Eco Wave Powers CEO Arrives for an Official Site Visit on the East Coast of Taiwan | 10/10/2024 |
4 | Eco Wave Power Strengthens Management - Appoints New Vice President of Engineering to Accelerate Execution of the Companys Projects in the USA, Taiwan and Portu... | 11/04/2024 |
5 | Eco Wave Power Receives Final Permit from U.S. Army Corps of Engineers for U.S. First Wave Energy Project, at Port of Los Angeles | 11/18/2024 |
6 | Why Symbotic Shares Are Trading Higher By Over 28 Here Are 20 Stocks Moving Premarket | 11/19/2024 |
7 | Eco Wave Power Announces Q3 Results Power Station Sale in Taiwan will Boost Q4 Revenues, 83 percent Energy Goal Reached in Israel, U.S. License Secured, and Sha... | 11/21/2024 |
8 | EXCLUSIVE Eco Wave Power, EDF Renewables IL And Tel Aviv Partner To Launch Israels First Wave Energy Power Plant At Jaffa Port | 11/26/2024 |
About Eco Wave 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 Eco or other stocks. Alpha measures the amount that position in Eco Wave Power 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.
| 2022 | 2023 (projected) | Interest Debt Per Share | 0.2 | 0.21 | Revenue Per Share | 0.004685 | 0.0551 |
Eco Wave Upcoming Company Events
As portrayed in its financial statements, the presentation of Eco Wave's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eco Wave's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Eco Wave's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Eco Wave. Please utilize our Beneish M Score to check the likelihood of Eco Wave's management manipulating its earnings.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out Eco Wave Backtesting, Eco Wave Valuation, Eco Wave Correlation, Eco Wave Hype Analysis, Eco Wave Volatility, Eco Wave History and analyze Eco Wave Performance. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Eco Wave 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.