Bright Minds Biosciences Stock Alpha and Beta Analysis
| DRUG Stock | USD 41.80 3.92 8.57% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Bright Minds Biosciences. It also helps investors analyze the systematic and unsystematic risks associated with investing in Bright Minds over a specified time horizon. Remember, high Bright Minds' 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 Bright Minds' market risk premium analysis include:
Beta (0.22) | Alpha (0.02) | Risk 5.33 | Sharpe Ratio 0.063 | Expected Return 0.34 |
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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.
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Bright Minds Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Bright Minds market risk premium is the additional return an investor will receive from holding Bright Minds 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 Bright Minds. 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 Bright Minds' performance over market.| α | -0.02 | β | -0.22 |
Bright Minds 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 Bright Minds' Buy-and-hold return. Our buy-and-hold chart shows how Bright Minds performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Bright Minds Market Price Analysis
Market price analysis indicators help investors to evaluate how Bright Minds stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bright Minds shares will generate the highest return on investment. By understating and applying Bright Minds stock market price indicators, traders can identify Bright Minds position entry and exit signals to maximize returns.
Bright Minds Return and Market Media
The median price of Bright Minds for the period between Tue, Nov 19, 2024 and Mon, Feb 17, 2025 is 38.69 with a coefficient of variation of 10.7. The daily time series for the period is distributed with a sample standard deviation of 4.14, arithmetic mean of 38.7, and mean deviation of 3.15. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Dengue Infections Soar Globally While Prevention And Treatment Options Fade | 12/18/2024 |
2 | 3 held for allegedly smuggling HK10 million of cocaine, ketamine to Hong Kong | 12/26/2024 |
3 | Bright Minds Biosciences Appoints Pharmaceutical Leader, Stephen Collins, M.D., Ph.D. ... | 01/07/2025 |
4 | At least 5 Hong Kong police officers arrested in connection with drug case | 01/16/2025 |
5 | BridgeBios Neil Kumar on an underdog drug launch and wooing deal-hungry investors | 01/23/2025 |
6 | STELLUS CAPITAL MANAGEMENT, LLC PROVIDES UNITRANCHE FINANCING IN SUPPORT OF NORTHLANE CAPITAL PARTNERS INVESTMENT IN UNITED STATES DRUG TESTING LABORATORIES INC... | 01/28/2025 |
7 | Latest Global Pharmacovigilance and Drug Safety Software Market SizeShare Worth USD 8.96 Million by 2033 at a 6.8 percent CAGR Custom Market Insights | 02/03/2025 |
8 | JANUS HENDERSON GROUP PLC Acquires Shares in Bright Minds Biosciences Inc | 02/07/2025 |
About Bright Minds 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 Bright or other stocks. Alpha measures the amount that position in Bright Minds Biosciences 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.
| 2024 | 2025 (projected) | PB Ratio | 1.39 | 1.32 | Capex To Depreciation | 6.2E-5 | 5.5E-5 |
Bright Minds Upcoming Company Events
As portrayed in its financial statements, the presentation of Bright Minds' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bright Minds' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Bright Minds' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Bright Minds. Please utilize our Beneish M Score to check the likelihood of Bright Minds' management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out Bright Minds Backtesting, Bright Minds Valuation, Bright Minds Correlation, Bright Minds Hype Analysis, Bright Minds Volatility, Bright Minds History and analyze Bright Minds Performance. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Bright Minds 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.