Thinkific Labs Stock Alpha and Beta Analysis
| THNC Stock | CAD 3.03 0.01 0.33% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Thinkific Labs. It also helps investors analyze the systematic and unsystematic risks associated with investing in Thinkific Labs over a specified time horizon. Remember, high Thinkific Labs' 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 Thinkific Labs' market risk premium analysis include:
Beta 0.69 | Alpha (0.09) | Risk 3.87 | Sharpe Ratio 0.0123 | Expected Return 0.0477 |
Thinkific Labs Quarterly Cash And Equivalents |
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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.
Thinkific |
Thinkific Labs Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Thinkific Labs market risk premium is the additional return an investor will receive from holding Thinkific Labs 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 Thinkific Labs. 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 Thinkific Labs' performance over market.| α | -0.09 | β | 0.69 |
Thinkific Labs 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 Thinkific Labs' Buy-and-hold return. Our buy-and-hold chart shows how Thinkific Labs performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Thinkific Labs Market Price Analysis
Market price analysis indicators help investors to evaluate how Thinkific Labs stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thinkific Labs shares will generate the highest return on investment. By understating and applying Thinkific Labs stock market price indicators, traders can identify Thinkific Labs position entry and exit signals to maximize returns.
Thinkific Labs Return and Market Media
The median price of Thinkific Labs for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 2.86 with a coefficient of variation of 6.85. The daily time series for the period is distributed with a sample standard deviation of 0.19, arithmetic mean of 2.83, and mean deviation of 0.16. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Thinkific Welcomes New Board Members Amidst Growth - TipRanks | 09/16/2024 |
2 | Thinkific Labs Third Quarter 2024 Earnings EPS Beats Expectations - Simply Wall St | 11/11/2024 |
About Thinkific Labs 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 Thinkific or other stocks. Alpha measures the amount that position in Thinkific Labs 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) | Days Sales Outstanding | 14.86 | 16.34 | 29.57 | 31.05 | PTB Ratio | 3.77 | 1.24 | 2.33 | 2.21 |
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 Thinkific Labs 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, Thinkific Labs' short interest history, or implied volatility extrapolated from Thinkific Labs options trading.
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Other Information on Investing in Thinkific Stock
Thinkific Labs financial ratios help investors to determine whether Thinkific Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thinkific with respect to the benefits of owning Thinkific Labs security.