Eightco Holdings Stock Alpha and Beta Analysis
| OCTO Stock | 1.60 0.05 3.23% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eightco Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eightco Holdings over a specified time horizon. Remember, high Eightco Holdings' 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 Eightco Holdings' market risk premium analysis include:
Beta 1 | Alpha (1.10) | Risk 4.99 | Sharpe Ratio (0.08) | Expected Return (0.40) |
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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.
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Eightco Holdings Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Eightco Holdings market risk premium is the additional return an investor will receive from holding Eightco Holdings 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 Eightco Holdings. 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 Eightco Holdings' performance over market.| α | -1.1 | β | 1.00 |
Eightco Holdings 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 Eightco Holdings' Buy-and-hold return. Our buy-and-hold chart shows how Eightco Holdings performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Eightco Holdings Market Price Analysis
Market price analysis indicators help investors to evaluate how Eightco Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eightco Holdings shares will generate the highest return on investment. By understating and applying Eightco Holdings stock market price indicators, traders can identify Eightco Holdings position entry and exit signals to maximize returns.
Eightco Holdings Return and Market Media
The median price of Eightco Holdings for the period between Tue, Oct 1, 2024 and Mon, Dec 30, 2024 is 1.93 with a coefficient of variation of 18.82. The daily time series for the period is distributed with a sample standard deviation of 0.37, arithmetic mean of 1.96, and mean deviation of 0.26. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Noetik Announces First-in-Class Human Foundation Models for Discovery at SITC 2024 | 11/07/2024 |
2 | Eightco Holdings reports Q3 results | 11/15/2024 |
3 | Eightco Completes Non-Dilutive Capital Raise and Second Debt Extension | 12/20/2024 |
About Eightco Holdings 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 Eightco or other stocks. Alpha measures the amount that position in Eightco Holdings 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) | Payables Turnover | 33.19 | 13.63 | 26.54 | 25.21 | Days Of Inventory On Hand | 7.11 | 64.09 | 36.04 | 19.82 |
Eightco Holdings Upcoming Company Events
As portrayed in its financial statements, the presentation of Eightco Holdings' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eightco Holdings' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Eightco Holdings' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Eightco Holdings. Please utilize our Beneish M Score to check the likelihood of Eightco Holdings' management manipulating its earnings.
| 15th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Eightco Holdings
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Check out Eightco Holdings Backtesting, Eightco Holdings Valuation, Eightco Holdings Correlation, Eightco Holdings Hype Analysis, Eightco Holdings Volatility, Eightco Holdings History and analyze Eightco Holdings Performance. To learn how to invest in Eightco Stock, please use our How to Invest in Eightco Holdings guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Eightco Holdings 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.