Skye Bioscience, Common Stock Alpha and Beta Analysis
| SKYE Stock | USD 2.85 0.01 0.35% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Skye Bioscience, Common. It also helps investors analyze the systematic and unsystematic risks associated with investing in Skye Bioscience, over a specified time horizon. Remember, high Skye Bioscience,'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 Skye Bioscience,'s market risk premium analysis include:
Beta 0.89 | Alpha (0.61) | Risk 5.25 | Sharpe Ratio (0.03) | Expected Return (0.18) |
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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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Skye Bioscience, Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Skye Bioscience, market risk premium is the additional return an investor will receive from holding Skye Bioscience, 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 Skye Bioscience,. 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 Skye Bioscience,'s performance over market.| α | -0.61 | β | 0.89 |
Skye Bioscience, 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 Skye Bioscience,'s Buy-and-hold return. Our buy-and-hold chart shows how Skye Bioscience, performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Skye Bioscience, Market Price Analysis
Market price analysis indicators help investors to evaluate how Skye Bioscience, stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Skye Bioscience, shares will generate the highest return on investment. By understating and applying Skye Bioscience, stock market price indicators, traders can identify Skye Bioscience, position entry and exit signals to maximize returns.
Skye Bioscience, Return and Market Media
The median price of Skye Bioscience, for the period between Sat, Sep 21, 2024 and Fri, Dec 20, 2024 is 4.26 with a coefficient of variation of 17.53. The daily time series for the period is distributed with a sample standard deviation of 0.76, arithmetic mean of 4.33, and mean deviation of 0.64. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Jenkins Annalisa of 70000 shares of Skye Bioscience, at 5.15 subject to Rule 16b-3 | 10/28/2024 |
2 | Acquisition by Dhillon Punit of 110000 shares of Skye Bioscience, at 0.0171 subject to Rule 16b-3 | 11/01/2024 |
3 | Skye Bioscience Reports Third Quarter 2024 Financial Results and Recent Highlights | 11/07/2024 |
4 | Skye Bioscience Surpasses 50 percent Patient Enrollment in Phase 2 Obesity Study of Differentiated CB1 Inhibitor | 11/14/2024 |
5 | Disposition of 307 shares by Grayson Paul A. of Skye Bioscience, at 5.55 subject to Rule 16b-3 | 11/15/2024 |
6 | Disposition of 86244 shares by Grayson Paul A. of Skye Bioscience, at 4.99 subject to Rule 16b-3 | 11/18/2024 |
7 | Skye Bioscience chief development officer sells shares worth 97,721 | 11/20/2024 |
8 | British Design Firm Forecasts 2025 Color Trends | 11/21/2024 |
9 | Callous coward Finlay MacDonald jailed for life after murdering his brother-in-law | 11/29/2024 |
10 | Insider Trading | 12/09/2024 |
11 | Skye Bioscience to Present at J.P. Morgan Healthcare Conference | 12/19/2024 |
About Skye Bioscience, 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 Skye or other stocks. Alpha measures the amount that position in Skye Bioscience, Common 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) | Graham Number | 6.07 | 5.76 | Receivables Turnover | 12.07 | 12.68 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Skye Bioscience, in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Skye Bioscience,'s short interest history, or implied volatility extrapolated from Skye Bioscience, options trading.
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Check out Skye Bioscience, Backtesting, Skye Bioscience, Valuation, Skye Bioscience, Correlation, Skye Bioscience, Hype Analysis, Skye Bioscience, Volatility, Skye Bioscience, History and analyze Skye Bioscience, Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Skye Bioscience, 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.