Bytes Technology (UK) Alpha and Beta Analysis
| BYIT Stock | 416.60 12.60 3.12% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Bytes Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in Bytes Technology over a specified time horizon. Remember, high Bytes Technology'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 Bytes Technology's market risk premium analysis include:
Beta 0.53 | Alpha (0.07) | Risk 1.69 | Sharpe Ratio (0.04) | Expected Return (0.07) |
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.
Bytes |
Bytes Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Bytes Technology market risk premium is the additional return an investor will receive from holding Bytes Technology 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 Bytes Technology. 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 Bytes Technology's performance over market.| α | -0.07 | β | 0.53 |
Bytes Technology 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 Bytes Technology's Buy-and-hold return. Our buy-and-hold chart shows how Bytes Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Bytes Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Bytes Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bytes Technology shares will generate the highest return on investment. By understating and applying Bytes Technology stock market price indicators, traders can identify Bytes Technology position entry and exit signals to maximize returns.
Bytes Technology Return and Market Media
The median price of Bytes Technology for the period between Mon, Dec 16, 2024 and Sun, Mar 16, 2025 is 432.8 with a coefficient of variation of 3.98. The daily time series for the period is distributed with a sample standard deviation of 17.31, arithmetic mean of 434.68, and mean deviation of 14.57. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Bytes Technology Group Plc Trade Ideas LSXA2QKSG - TradingView | 01/17/2025 |
2 | Bytes Technology Leadership Buys Company Shares - TipRanks | 01/21/2025 |
3 | Bytes Technology Group Reaches New 1-Year Low - Whats Next - MarketBeat | 03/14/2025 |
About Bytes Technology 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 Bytes or other stocks. Alpha measures the amount that position in Bytes Technology 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 Bytes Technology 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, Bytes Technology's short interest history, or implied volatility extrapolated from Bytes Technology options trading.
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Additional Tools for Bytes Stock Analysis
When running Bytes Technology's price analysis, check to measure Bytes Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bytes Technology is operating at the current time. Most of Bytes Technology's value examination focuses on studying past and present price action to predict the probability of Bytes Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bytes Technology's price. Additionally, you may evaluate how the addition of Bytes Technology to your portfolios can decrease your overall portfolio volatility.