908 Devices Stock Alpha and Beta Analysis

MASS Stock  USD 4.11  0.21  4.86%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as 908 Devices. It also helps investors analyze the systematic and unsystematic risks associated with investing in 908 Devices over a specified time horizon. Remember, high 908 Devices' 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 908 Devices' market risk premium analysis include:
Beta
(1.08)
Alpha
1.58
Risk
15.7
Sharpe Ratio
0.13
Expected Return
1.97
Please note that although 908 Devices alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, 908 Devices did 1.58  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of 908 Devices stock's relative risk over its benchmark. 908 Devices has a beta of 1.08  . As the market becomes more bullish, returns on owning 908 Devices are expected to decrease slowly. On the other hand, during market turmoil, 908 Devices is expected to outperform it slightly. At this time, 908 Devices' Tangible Book Value Per Share is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 0.69 in 2025, whereas Enterprise Value Over EBITDA is likely to drop (0.58) in 2025.

Enterprise Value

35.67 Million

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.
  
Check out 908 Devices Backtesting, 908 Devices Valuation, 908 Devices Correlation, 908 Devices Hype Analysis, 908 Devices Volatility, 908 Devices History and analyze 908 Devices Performance.
For more information on how to buy 908 Stock please use our How to Invest in 908 Devices guide.

908 Devices Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. 908 Devices market risk premium is the additional return an investor will receive from holding 908 Devices 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 908 Devices. 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 908 Devices' performance over market.
α1.58   β-1.08

908 Devices 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 908 Devices' Buy-and-hold return. Our buy-and-hold chart shows how 908 Devices performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

908 Devices Market Price Analysis

Market price analysis indicators help investors to evaluate how 908 Devices stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 908 Devices shares will generate the highest return on investment. By understating and applying 908 Devices stock market price indicators, traders can identify 908 Devices position entry and exit signals to maximize returns.

908 Devices Return and Market Media

The median price of 908 Devices for the period between Sun, Dec 15, 2024 and Sat, Mar 15, 2025 is 2.41 with a coefficient of variation of 20.64. The daily time series for the period is distributed with a sample standard deviation of 0.52, arithmetic mean of 2.51, and mean deviation of 0.37. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Disposition of 110626 shares by Kevin Knopp of 908 Devices at 1.58 subject to Rule 16b-3
12/13/2024
2
Disposition of 47418 shares by Kevin Knopp of 908 Devices at 1.75 subject to Rule 16b-3
12/16/2024
3
Disposition of 7777 shares by Hrusovsky E Kevin of 908 Devices subject to Rule 16b-3
12/20/2024
4
Disposition of 5027 shares by Christopher Brown of 908 Devices subject to Rule 16b-3
01/31/2025
5
Disposition of 3641 shares by Christopher Brown of 908 Devices at 2.3349 subject to Rule 16b-3
02/03/2025
6
908 Devices Inc. Insider Sells 22,535.76 in Stock - MarketBeat
02/05/2025
7
MASS Group Unveils TME 8.0 A Modernized Interface for Enhanced User Experience and Operational Performance
02/18/2025
8
908 Devices to Release Earnings on Tuesday
02/25/2025
9
Teleflex Surpasses Q4 Earnings Estimates
02/27/2025
10
Disposition of 2058 shares by Hunt Anthony of 908 Devices subject to Rule 16b-3
02/28/2025
11
908 Devices to Report Fourth Quarter and Full Year 2024 Financial Results on March 4, 2025
03/03/2025
12
908 Devices GAAP EPS of -0.56 misses by 0.22, revenue of 18.8M beats by 1.75M
03/04/2025
13
908 Devices Inc Q4 2024 Earnings Call Highlights Strong Revenue Growth Amid Strategic ...
03/05/2025
14
908 Devices Makes Key Divestiture - Seeking Alpha
03/06/2025
15
Acquisition by Christopher Brown of 10991 shares of 908 Devices subject to Rule 16b-3
03/07/2025
16
908 Devices Receives 1.7M Order from the Ministry of Health of Ukraine for its Handheld Mass Spec Device
03/11/2025

About 908 Devices 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 908 or other stocks. Alpha measures the amount that position in 908 Devices 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.
 2022 2023 2024 2025 (projected)
Payables Turnover14.9120.9114.4312.34
Days Of Inventory On Hand219.27218.91198.26143.5

908 Devices Upcoming Company Events

As portrayed in its financial statements, the presentation of 908 Devices' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 908 Devices' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of 908 Devices' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of 908 Devices. Please utilize our Beneish M Score to check the likelihood of 908 Devices' management manipulating its earnings.
5th of March 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
5th of March 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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Additional Tools for 908 Stock Analysis

When running 908 Devices' price analysis, check to measure 908 Devices' 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 908 Devices is operating at the current time. Most of 908 Devices' value examination focuses on studying past and present price action to predict the probability of 908 Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 908 Devices' price. Additionally, you may evaluate how the addition of 908 Devices to your portfolios can decrease your overall portfolio volatility.