BeiGene (China) Alpha and Beta Analysis
| 688235 Stock | 165.63 0.84 0.51% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as BeiGene. It also helps investors analyze the systematic and unsystematic risks associated with investing in BeiGene over a specified time horizon. Remember, high BeiGene'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 BeiGene's market risk premium analysis include:
Beta 0.31 | Alpha 0.2 | Risk 3.3 | Sharpe Ratio 0.0495 | Expected Return 0.16 |
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.
BeiGene |
BeiGene Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. BeiGene market risk premium is the additional return an investor will receive from holding BeiGene 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 BeiGene. 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 BeiGene's performance over market.| α | 0.20 | β | 0.31 |
BeiGene 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 BeiGene's Buy-and-hold return. Our buy-and-hold chart shows how BeiGene performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.BeiGene Market Price Analysis
Market price analysis indicators help investors to evaluate how BeiGene stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BeiGene shares will generate the highest return on investment. By understating and applying BeiGene stock market price indicators, traders can identify BeiGene position entry and exit signals to maximize returns.
BeiGene Return and Market Media
The median price of BeiGene for the period between Wed, Sep 18, 2024 and Tue, Dec 17, 2024 is 170.95 with a coefficient of variation of 7.29. The daily time series for the period is distributed with a sample standard deviation of 12.27, arithmetic mean of 168.35, and mean deviation of 10.04. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Hsbc Holdings PLC Decreases Stock Position in BeiGene, Ltd. - MarketBeat | 09/26/2024 |
2 | BeiGene Sees Pre-Market Rise with Strong Q3 Sales Growth - GuruFocus.com | 11/19/2024 |
3 | Morgan Stanley increases BeiGene stock target on drug prospects - Investing.com | 12/03/2024 |
4 | Beigene directors sell shares worth 194.2 million - Investing.com | 12/10/2024 |
About BeiGene 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 BeiGene or other stocks. Alpha measures the amount that position in BeiGene 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 BeiGene 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, BeiGene's short interest history, or implied volatility extrapolated from BeiGene options trading.
Build Portfolio with BeiGene
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out BeiGene Backtesting, BeiGene Valuation, BeiGene Correlation, BeiGene Hype Analysis, BeiGene Volatility, BeiGene History and analyze BeiGene Performance. For information on how to trade BeiGene Stock refer to our How to Trade BeiGene Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
BeiGene 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.