Endra Life Sciences Stock Alpha and Beta Analysis
| NDRA Stock | USD 5.47 0.24 4.20% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ENDRA Life Sciences. It also helps investors analyze the systematic and unsystematic risks associated with investing in ENDRA Life over a specified time horizon. Remember, high ENDRA Life'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 ENDRA Life's market risk premium analysis include:
Beta 0.25 | Alpha (0.84) | Risk 13.56 | Sharpe Ratio (0.04) | Expected Return (0.48) |
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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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ENDRA Life Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ENDRA Life market risk premium is the additional return an investor will receive from holding ENDRA Life 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 ENDRA Life. 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 ENDRA Life's performance over market.| α | -0.84 | β | 0.25 |
ENDRA Life 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 ENDRA Life's Buy-and-hold return. Our buy-and-hold chart shows how ENDRA Life performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ENDRA Life Market Price Analysis
Market price analysis indicators help investors to evaluate how ENDRA Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ENDRA Life shares will generate the highest return on investment. By understating and applying ENDRA Life stock market price indicators, traders can identify ENDRA Life position entry and exit signals to maximize returns.
ENDRA Life Return and Market Media
The median price of ENDRA Life for the period between Wed, Sep 4, 2024 and Tue, Dec 3, 2024 is 7.35 with a coefficient of variation of 29.12. The daily time series for the period is distributed with a sample standard deviation of 2.3, arithmetic mean of 7.92, and mean deviation of 1.75. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Francois Michelon of 713132 shares of ENDRA Life subject to Rule 16b-3 | 10/11/2024 |
2 | ENDRA Life Sciences Activates TAEUS System to Initiate Clinical Study at LMU University Hospital in Germany | 10/22/2024 |
3 | ENDRA Life Sciences Further Strengthens TAEUS Platform Intellectual Property with Issuance of 17th European Patent | 11/06/2024 |
4 | ENDRA Life Sciences Reports Third Quarter 2024 Financial Results and Provides a Business Update | 11/15/2024 |
5 | ENDRA Life Sciences regains compliance with Nasdaqs listing rule | 11/22/2024 |
About ENDRA Life 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 ENDRA or other stocks. Alpha measures the amount that position in ENDRA Life Sciences 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 | 0.28 | 0.38 | 0.76 | 0.73 | Days Of Inventory On Hand | 2.1K | 4.1K | 3.7K | 3.9K |
ENDRA Life Upcoming Company Events
As portrayed in its financial statements, the presentation of ENDRA Life's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ENDRA Life's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of ENDRA Life's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of ENDRA Life. Please utilize our Beneish M Score to check the likelihood of ENDRA Life's management manipulating its earnings.
| 12th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out ENDRA Life Backtesting, ENDRA Life Valuation, ENDRA Life Correlation, ENDRA Life Hype Analysis, ENDRA Life Volatility, ENDRA Life History and analyze ENDRA Life Performance. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
ENDRA Life 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.