Society Pass Stock Alpha and Beta Analysis
| SOPA Stock | USD 0.96 0.01 1.05% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Society Pass. It also helps investors analyze the systematic and unsystematic risks associated with investing in Society Pass over a specified time horizon. Remember, high Society Pass' 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 Society Pass' market risk premium analysis include:
Beta 1.13 | Alpha (0.25) | Risk 5.94 | Sharpe Ratio 0.0096 | Expected Return 0.0569 |
Enterprise Value |
|
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.
Society |
Society Pass Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Society Pass market risk premium is the additional return an investor will receive from holding Society Pass 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 Society Pass. 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 Society Pass' performance over market.| α | -0.25 | β | 1.13 |
Society Pass 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 Society Pass' Buy-and-hold return. Our buy-and-hold chart shows how Society Pass performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Society Pass Market Price Analysis
Market price analysis indicators help investors to evaluate how Society Pass stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Society Pass shares will generate the highest return on investment. By understating and applying Society Pass stock market price indicators, traders can identify Society Pass position entry and exit signals to maximize returns.
Society Pass Return and Market Media
The median price of Society Pass for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 0.95 with a coefficient of variation of 10.1. The daily time series for the period is distributed with a sample standard deviation of 0.1, arithmetic mean of 0.96, and mean deviation of 0.07. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Disposition of tradable shares by Mackay John Sebastian of Society Pass subject to Rule 16b-3 | 09/20/2024 |
2 | Acquisition by Dunn Michael Paul Jr of 509 shares of Society Pass at 468.28 subject to Rule 16b-3 | 09/30/2024 |
3 | Society Pass Incorporated Quarterly 10-Q Report - Quartz | 11/15/2024 |
About Society Pass 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 Society or other stocks. Alpha measures the amount that position in Society Pass 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 | 2.71 | 3.6 | 3.37 | 1.82 | Days Of Inventory On Hand | 113.54 | 24.31 | 27.62 | 50.26 |
Society Pass Upcoming Company Events
As portrayed in its financial statements, the presentation of Society Pass' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Society Pass' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Society Pass' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Society Pass. Please utilize our Beneish M Score to check the likelihood of Society Pass' management manipulating its earnings.
| 28th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Society Pass
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 Society Pass Backtesting, Society Pass Valuation, Society Pass Correlation, Society Pass Hype Analysis, Society Pass Volatility, Society Pass History and analyze Society Pass Performance. For information on how to trade Society Stock refer to our How to Trade Society Stock guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Society Pass 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.