Estrella Immunopharma Stock Alpha and Beta Analysis
| ESLA Stock | 1.23 0.15 10.87% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Estrella Immunopharma. It also helps investors analyze the systematic and unsystematic risks associated with investing in Estrella Immunopharma over a specified time horizon. Remember, high Estrella Immunopharma'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 Estrella Immunopharma's market risk premium analysis include:
Beta (0.64) | Alpha 0.73 | Risk 6.79 | Sharpe Ratio 0.0883 | Expected Return 0.6 |
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.
Estrella |
Estrella Immunopharma Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Estrella Immunopharma market risk premium is the additional return an investor will receive from holding Estrella Immunopharma 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 Estrella Immunopharma. 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 Estrella Immunopharma's performance over market.| α | 0.73 | β | -0.64 |
Estrella Immunopharma 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 Estrella Immunopharma's Buy-and-hold return. Our buy-and-hold chart shows how Estrella Immunopharma performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Estrella Immunopharma Market Price Analysis
Market price analysis indicators help investors to evaluate how Estrella Immunopharma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Estrella Immunopharma shares will generate the highest return on investment. By understating and applying Estrella Immunopharma stock market price indicators, traders can identify Estrella Immunopharma position entry and exit signals to maximize returns.
Estrella Immunopharma Return and Market Media
The median price of Estrella Immunopharma for the period between Sat, Sep 14, 2024 and Fri, Dec 13, 2024 is 0.91 with a coefficient of variation of 17.84. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 0.98, and mean deviation of 0.14. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Disposition of tradable shares by Eureka Therapeutics, Inc. of Estrella Immunopharma subject to Rule 16b-3 | 09/27/2024 |
2 | Discretionary transaction by Zhang Hong of tradable shares of Estrella Immunopharma subject to Rule 16b-3 | 10/25/2024 |
3 | Estrella Immunopharma, Inc. Short Interest Down 57.0 percent in October | 11/15/2024 |
About Estrella Immunopharma 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 Estrella or other stocks. Alpha measures the amount that position in Estrella Immunopharma 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 Estrella Immunopharma 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, Estrella Immunopharma's short interest history, or implied volatility extrapolated from Estrella Immunopharma options trading.
Build Portfolio with Estrella Immunopharma
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 Estrella Immunopharma Backtesting, Estrella Immunopharma Valuation, Estrella Immunopharma Correlation, Estrella Immunopharma Hype Analysis, Estrella Immunopharma Volatility, Estrella Immunopharma History and analyze Estrella Immunopharma Performance. For information on how to trade Estrella Stock refer to our How to Trade Estrella Stock guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Estrella Immunopharma 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.