Better Choice Stock Alpha and Beta Analysis
| BTTR Stock | USD 1.96 0.03 1.55% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Better Choice. It also helps investors analyze the systematic and unsystematic risks associated with investing in Better Choice over a specified time horizon. Remember, high Better Choice'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 Better Choice's market risk premium analysis include:
Beta 2.38 | Alpha (0.69) | Risk 7.68 | Sharpe Ratio (0.06) | Expected Return (0.49) |
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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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Better Choice Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Better Choice market risk premium is the additional return an investor will receive from holding Better Choice 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 Better Choice. 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 Better Choice's performance over market.| α | -0.69 | β | 2.38 |
Better Choice 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 Better Choice's Buy-and-hold return. Our buy-and-hold chart shows how Better Choice performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Better Choice Market Price Analysis
Market price analysis indicators help investors to evaluate how Better Choice stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Better Choice shares will generate the highest return on investment. By understating and applying Better Choice stock market price indicators, traders can identify Better Choice position entry and exit signals to maximize returns.
Better Choice Return and Market Media
The median price of Better Choice for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 1.97 with a coefficient of variation of 19.97. The daily time series for the period is distributed with a sample standard deviation of 0.42, arithmetic mean of 2.12, and mean deviation of 0.33. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Better Choice Company Provides Shareholder Update on Balance Sheet - StockTitan | 09/05/2024 |
2 | BETTER CHOICE INVESTOR ALERT by the Former Attorney General of Louisiana Kahn Swick Foti, LLC Investigates Merger of Better Choice Company Inc. - BTTR | 09/06/2024 |
3 | Acquisition by Young Michael of 500 shares of Better Choice at 2.4 subject to Rule 16b-3 | 09/11/2024 |
4 | Options Trading How To Trade Stock Options in 5 Steps - Investopedia | 09/13/2024 |
5 | Better Choice Company to Provide Update on SRx Health Transaction at the 2024 Sidoti Virtual Conference on November 13th 14th | 10/02/2024 |
6 | Acquisition by Robert Sauermann of 15000 shares of Better Choice at 5.0 subject to Rule 16b-3 | 10/16/2024 |
7 | Acquisition by Word John M Iii of tradable shares of Better Choice at 4.5 subject to Rule 16b-3 | 11/01/2024 |
8 | Better Choice Company to Present at the Sidoti Micro Cap 2024 Virtual Conference | 11/07/2024 |
9 | Acquisition by Young Michael of 452 shares of Better Choice at 2.14 subject to Rule 16b-3 | 11/08/2024 |
10 | Better Choice Co Inc Q3 2024 Earnings Call Highlights Record Profitability and Robust ... | 11/13/2024 |
11 | Acquisition by Lionel Conacher of 5000 shares of Better Choice at 1.78 subject to Rule 16b-3 | 11/20/2024 |
12 | Acquisition by Lionel Conacher of tradable shares of Better Choice at 3.62 subject to Rule 16b-3 | 11/27/2024 |
About Better Choice 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 Better or other stocks. Alpha measures the amount that position in Better Choice 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 | 6.73 | 13.44 | 3.87 | 3.11 | Days Of Inventory On Hand | 62.49 | 95.02 | 90.05 | 85.55 |
Better Choice Upcoming Company Events
As portrayed in its financial statements, the presentation of Better Choice's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Better Choice's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Better Choice's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Better Choice. Please utilize our Beneish M Score to check the likelihood of Better Choice's management manipulating its earnings.
| 26th of March 2024 Upcoming Quarterly Report | View | |
| 10th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of March 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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Additional Tools for Better Stock Analysis
When running Better Choice's price analysis, check to measure Better Choice's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Better Choice is operating at the current time. Most of Better Choice's value examination focuses on studying past and present price action to predict the probability of Better Choice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Choice's price. Additionally, you may evaluate how the addition of Better Choice to your portfolios can decrease your overall portfolio volatility.