Er Therapeutics Stock Alpha and Beta Analysis
| PNGM Stock | USD 0.0001 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Er Therapeutics. It also helps investors analyze the systematic and unsystematic risks associated with investing in Er Therapeutics over a specified time horizon. Remember, high Er Therapeutics' 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 Er Therapeutics' market risk premium analysis include:
Beta 0.0 | Alpha 0.0 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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.
PNGM |
Er Therapeutics Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Er Therapeutics market risk premium is the additional return an investor will receive from holding Er Therapeutics 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 Er Therapeutics. 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 Er Therapeutics' performance over market.| α | 0.00 | β | 0.00 |
Er Therapeutics 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 Er Therapeutics' Buy-and-hold return. Our buy-and-hold chart shows how Er Therapeutics performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Er Therapeutics Market Price Analysis
Market price analysis indicators help investors to evaluate how Er Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Er Therapeutics shares will generate the highest return on investment. By understating and applying Er Therapeutics stock market price indicators, traders can identify Er Therapeutics position entry and exit signals to maximize returns.
Er Therapeutics Return and Market Media
The median price of Er Therapeutics for the period between Wed, Sep 25, 2024 and Tue, Dec 24, 2024 is 1.0E-4 with a coefficient of variation of 0.0. The daily time series for the period is distributed with a sample standard deviation of 0.0, arithmetic mean of 0.0, and mean deviation of 0.0. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Why Is Chronic Disease-Focused Jasper Therapeutics Stock Trading Higher On Monday - Benzinga | 10/14/2024 |
2 | OLMA - Olema Pharmaceuticals, Inc. Latest Stock News Market Updates - StockTitan | 11/06/2024 |
3 | Trevi Therapeutics Announces Positive Topline Results from Human Abuse Potential Study of Oral Nalbuphine - Quantisnow | 12/03/2024 |
About Er Therapeutics 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 PNGM or other stocks. Alpha measures the amount that position in Er Therapeutics 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.
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 Er Therapeutics 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, Er Therapeutics' short interest history, or implied volatility extrapolated from Er Therapeutics options trading.
Build Portfolio with Er Therapeutics
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Align your risk with return expectations
Check out Er Therapeutics Backtesting, Er Therapeutics Valuation, Er Therapeutics Correlation, Er Therapeutics Hype Analysis, Er Therapeutics Volatility, Er Therapeutics History and analyze Er Therapeutics Performance. To learn how to invest in PNGM Stock, please use our How to Invest in Er Therapeutics guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Er Therapeutics 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.