Biogen Inc Stock Alpha and Beta Analysis
| BIIB Stock | USD 159.83 2.14 1.36% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Biogen Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Biogen over a specified time horizon. Remember, high Biogen'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 Biogen's market risk premium analysis include:
Beta 0.64 | Alpha (0.47) | Risk 1.33 | Sharpe Ratio (0.29) | Expected Return (0.38) |
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.
Biogen |
Biogen Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Biogen market risk premium is the additional return an investor will receive from holding Biogen 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 Biogen. 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 Biogen's performance over market.| α | -0.47 | β | 0.64 |
Biogen 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 Biogen's Buy-and-hold return. Our buy-and-hold chart shows how Biogen performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Biogen Market Price Analysis
Market price analysis indicators help investors to evaluate how Biogen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biogen shares will generate the highest return on investment. By understating and applying Biogen stock market price indicators, traders can identify Biogen position entry and exit signals to maximize returns.
Biogen Return and Market Media
The median price of Biogen for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 185.76 with a coefficient of variation of 7.86. The daily time series for the period is distributed with a sample standard deviation of 14.45, arithmetic mean of 183.78, and mean deviation of 11.78. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Biogen 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 Biogen or other stocks. Alpha measures the amount that position in Biogen Inc 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.
Biogen Upcoming Company Events
As portrayed in its financial statements, the presentation of Biogen's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Biogen's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Biogen's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Biogen. Please utilize our Beneish M Score to check the likelihood of Biogen's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Biogen 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.