PURETECH HEALTH (Germany) Alpha and Beta Analysis
| 0VQ Stock | EUR 1.65 0.09 5.17% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PURETECH HEALTH PLC. It also helps investors analyze the systematic and unsystematic risks associated with investing in PURETECH HEALTH over a specified time horizon. Remember, high PURETECH HEALTH'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 PURETECH HEALTH's market risk premium analysis include:
Beta (0.15) | Alpha (0.04) | Risk 3.39 | Sharpe Ratio (0.04) | Expected Return (0.12) |
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.
PURETECH |
PURETECH HEALTH Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. PURETECH HEALTH market risk premium is the additional return an investor will receive from holding PURETECH HEALTH 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 PURETECH HEALTH. 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 PURETECH HEALTH's performance over market.| α | -0.04 | β | -0.15 |
PURETECH HEALTH 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 PURETECH HEALTH's Buy-and-hold return. Our buy-and-hold chart shows how PURETECH HEALTH performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.PURETECH HEALTH Market Price Analysis
Market price analysis indicators help investors to evaluate how PURETECH HEALTH stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PURETECH HEALTH shares will generate the highest return on investment. By understating and applying PURETECH HEALTH stock market price indicators, traders can identify PURETECH HEALTH position entry and exit signals to maximize returns.
PURETECH HEALTH Return and Market Media
The median price of PURETECH HEALTH for the period between Wed, Oct 23, 2024 and Tue, Jan 21, 2025 is 1.89 with a coefficient of variation of 6.44. The daily time series for the period is distributed with a sample standard deviation of 0.12, arithmetic mean of 1.89, and mean deviation of 0.1. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About PURETECH HEALTH 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 PURETECH or other stocks. Alpha measures the amount that position in PURETECH HEALTH PLC 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.
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 PURETECH HEALTH 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, PURETECH HEALTH's short interest history, or implied volatility extrapolated from PURETECH HEALTH options trading.
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Additional Information and Resources on Investing in PURETECH Stock
When determining whether PURETECH HEALTH PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PURETECH HEALTH's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Puretech Health Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Puretech Health Plc Stock:Check out PURETECH HEALTH Backtesting, PURETECH HEALTH Valuation, PURETECH HEALTH Correlation, PURETECH HEALTH Hype Analysis, PURETECH HEALTH Volatility, PURETECH HEALTH History and analyze PURETECH HEALTH Performance. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
PURETECH HEALTH 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.