Biomarin Pharmaceutical Stock Alpha and Beta Analysis
| BMRN Stock | USD 66.03 0.61 0.93% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Biomarin Pharmaceutical. It also helps investors analyze the systematic and unsystematic risks associated with investing in Biomarin Pharmaceutical over a specified time horizon. Remember, high Biomarin Pharmaceutical'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 Biomarin Pharmaceutical's market risk premium analysis include:
Beta 0.46 | Alpha (0.51) | Risk 2.58 | Sharpe Ratio (0.18) | Expected Return (0.47) |
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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.
Biomarin |
Biomarin Pharmaceutical Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Biomarin Pharmaceutical market risk premium is the additional return an investor will receive from holding Biomarin Pharmaceutical 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 Biomarin Pharmaceutical. 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 Biomarin Pharmaceutical's performance over market.| α | -0.51 | β | 0.46 |
Biomarin Pharmaceutical 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 Biomarin Pharmaceutical's Buy-and-hold return. Our buy-and-hold chart shows how Biomarin Pharmaceutical performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Biomarin Pharmaceutical Market Price Analysis
Market price analysis indicators help investors to evaluate how Biomarin Pharmaceutical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biomarin Pharmaceutical shares will generate the highest return on investment. By understating and applying Biomarin Pharmaceutical stock market price indicators, traders can identify Biomarin Pharmaceutical position entry and exit signals to maximize returns.
Biomarin Pharmaceutical Return and Market Media
The median price of Biomarin Pharmaceutical for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 69.85 with a coefficient of variation of 11.1. The daily time series for the period is distributed with a sample standard deviation of 7.94, arithmetic mean of 71.53, and mean deviation of 5.71. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 372 shares by Erin Burkhart of Biomarin Pharmaceutical at 83.87 subject to Rule 16b-3 | 09/27/2024 |
2 | Down -22.94 percent in 4 Weeks, Heres Why You Should You Buy the Dip in BioMarin | 10/01/2024 |
3 | Heres Why BioMarin Pharmaceutical is a Strong Growth Stock | 10/17/2024 |
4 | BioMarin Pharmaceutical Inc. Q3 2024 Earnings Call Transcript | 10/31/2024 |
5 | RIBOMIC Announces Positive Interim Results from Phase IIa Trial of umedaptanib pegol in Achondroplasia Demonstrating Increase in Annualized Growth Rate of up to... | 11/05/2024 |
6 | Heres Why BioMarin Aristotle Large Cap Growth Strategy Divested From Pharmaceutical | 11/07/2024 |
7 | Elliott Partner Bhanji Is Leaving Firm After More Than a Decade | 11/11/2024 |
8 | Sangamo Therapeutics SWOT analysis gene therapy firms stock faces challenges, opportunities | 11/13/2024 |
9 | Biomarin pharmaceuticals CTO sells 350k in stock | 11/14/2024 |
10 | BioMarin Pharmaceutical Inc. Among the Best Genomics Stocks to Buy Right Now | 11/19/2024 |
11 | Why Is BioMarin Pharmaceutical Inc. Among the Worst Performing Biotech Stocks in 2024 | 11/21/2024 |
12 | Can BioMarin Stock Live Up to Wall Streets High Expectations | 11/22/2024 |
13 | Why Is BioMarin Pharmaceutical Inc. Among the Worst Performing Healthcare Stocks in 2024 | 11/27/2024 |
About Biomarin Pharmaceutical 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 Biomarin or other stocks. Alpha measures the amount that position in Biomarin Pharmaceutical 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) | Days Sales Outstanding | 73.82 | 80.33 | 95.61 | 96.45 | PTB Ratio | 3.78 | 4.17 | 3.66 | 3.99 |
Biomarin Pharmaceutical Upcoming Company Events
As portrayed in its financial statements, the presentation of Biomarin Pharmaceutical's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Biomarin Pharmaceutical's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Biomarin Pharmaceutical's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Biomarin Pharmaceutical. Please utilize our Beneish M Score to check the likelihood of Biomarin Pharmaceutical's management manipulating its earnings.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th 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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Check out Biomarin Pharmaceutical Backtesting, Biomarin Pharmaceutical Valuation, Biomarin Pharmaceutical Correlation, Biomarin Pharmaceutical Hype Analysis, Biomarin Pharmaceutical Volatility, Biomarin Pharmaceutical History and analyze Biomarin Pharmaceutical Performance. To learn how to invest in Biomarin Stock, please use our How to Invest in Biomarin Pharmaceutical guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Biomarin Pharmaceutical 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.