Mannkind Corp Stock Alpha and Beta Analysis
| MNKD Stock | USD 6.78 0.17 2.57% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as MannKind Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in MannKind Corp over a specified time horizon. Remember, high MannKind Corp'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 MannKind Corp's market risk premium analysis include:
Beta 0.96 | Alpha 0.0959 | Risk 1.67 | Sharpe Ratio 0.11 | Expected Return 0.18 |
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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.
MannKind |
MannKind Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. MannKind Corp market risk premium is the additional return an investor will receive from holding MannKind Corp 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 MannKind Corp. 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 MannKind Corp's performance over market.| α | 0.1 | β | 0.96 |
MannKind Corp 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 MannKind Corp's Buy-and-hold return. Our buy-and-hold chart shows how MannKind Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.MannKind Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how MannKind Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MannKind Corp shares will generate the highest return on investment. By understating and applying MannKind Corp stock market price indicators, traders can identify MannKind Corp position entry and exit signals to maximize returns.
MannKind Corp Return and Market Media
The median price of MannKind Corp for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 6.58 with a coefficient of variation of 5.57. The daily time series for the period is distributed with a sample standard deviation of 0.37, arithmetic mean of 6.6, and mean deviation of 0.29. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Friedman Michael A of 35047 shares of MannKind Corp subject to Rule 16b-3 | 09/06/2024 |
2 | MannKind to Present at 2024 Cantor Fitzgerald Global Healthcare Conference | 09/10/2024 |
3 | MannKind Just Overtook the 20-Day Moving Average | 10/04/2024 |
4 | MannKind Q3 2024 Earnings Preview | 11/06/2024 |
5 | MannKind Q3 Earnings Snapshot | 11/07/2024 |
6 | MannKind Q3 2024 Earnings Call Transcript | 11/08/2024 |
7 | Disposition of 22513 shares by Steven Binder of MannKind Corp at 1.47 subject to Rule 16b-3 | 11/15/2024 |
8 | Acquisition by Steven Binder of 17575 shares of MannKind Corp subject to Rule 16b-3 | 11/18/2024 |
9 | MannKind Corp director Steven Binder sells 456,563 in stock | 11/20/2024 |
10 | MannKind director Steven Binder sells 465k in stock | 11/26/2024 |
About MannKind Corp 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 MannKind or other stocks. Alpha measures the amount that position in MannKind Corp 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 5.59 | 5.2 | 6.55 | 7.12 | Days Of Inventory On Hand | 67.18 | 138.21 | 165.98 | 174.28 |
MannKind Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of MannKind Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MannKind Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of MannKind Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of MannKind Corp. Please utilize our Beneish M Score to check the likelihood of MannKind Corp's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 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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Check out MannKind Corp Backtesting, MannKind Corp Valuation, MannKind Corp Correlation, MannKind Corp Hype Analysis, MannKind Corp Volatility, MannKind Corp History and analyze MannKind Corp Performance. For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
MannKind Corp 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.