908 Devices Stock Alpha and Beta Analysis
| MASS Stock | USD 2.55 0.02 0.79% |
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 (0.53) | Alpha 0.37 | Risk 8.34 | Sharpe Ratio 0.0209 | Expected Return 0.17 |
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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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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.| α | 0.37 | β | -0.53 |
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 Thu, Nov 28, 2024 and Wed, Feb 26, 2025 is 2.43 with a coefficient of variation of 11.94. The daily time series for the period is distributed with a sample standard deviation of 0.29, arithmetic mean of 2.42, and mean deviation of 0.24. 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 | Getinge and 908 Devices Partner to Enhance Bioreactor Capabilities for Continuous Monitoring of Key Cell Culture Parameters | 12/19/2024 |
4 | Disposition of 7777 shares by Hrusovsky E Kevin of 908 Devices subject to Rule 16b-3 | 12/20/2024 |
5 | 908 Devices Given Overweight Rating at Stephens - MarketBeat | 01/16/2025 |
6 | Vanguard Group Inc Reduces Stake in 908 Devices Inc | 01/31/2025 |
7 | Disposition of 3641 shares by Christopher Brown of 908 Devices at 2.3349 subject to Rule 16b-3 | 02/03/2025 |
8 | Acquisition by Kevin Knopp of 17007 shares of 908 Devices subject to Rule 16b-3 | 02/04/2025 |
9 | February 2025 US Penny Stocks To Watch | 02/06/2025 |
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 Turnover | 14.91 | 20.91 | 18.82 | 12.48 | Days Of Inventory On Hand | 219.27 | 218.91 | 197.02 | 140.98 |
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.