Gdev Inc Stock Alpha and Beta Analysis
| GDEV Stock | USD 22.20 0.80 3.48% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as GDEV Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in GDEV over a specified time horizon. Remember, high GDEV'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 GDEV's market risk premium analysis include:
Beta (1.16) | Alpha 0.0517 | Risk 6.99 | Sharpe Ratio (0.01) | Expected Return (0.09) |
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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.
GDEV |
GDEV Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. GDEV market risk premium is the additional return an investor will receive from holding GDEV 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 GDEV. 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 GDEV's performance over market.| α | 0.05 | β | -1.16 |
GDEV 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 GDEV's Buy-and-hold return. Our buy-and-hold chart shows how GDEV performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.GDEV Market Price Analysis
Market price analysis indicators help investors to evaluate how GDEV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GDEV shares will generate the highest return on investment. By understating and applying GDEV stock market price indicators, traders can identify GDEV position entry and exit signals to maximize returns.
GDEV Return and Market Media
The median price of GDEV for the period between Wed, Sep 11, 2024 and Tue, Dec 10, 2024 is 26.81 with a coefficient of variation of 16.87. The daily time series for the period is distributed with a sample standard deviation of 4.82, arithmetic mean of 28.58, and mean deviation of 4.1. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Is GDEV Inc. Outperforming Other Consumer Discretionary Stocks This Year | 10/07/2024 |
2 | GDEV Inc Stock Price Down 4.92 percent on Oct 14 | 10/14/2024 |
3 | GDEV Inc Shares Up 3.78 percent on Oct 18 | 10/18/2024 |
4 | GDEV Inc Shares Up 3.86 percent on Oct 29 | 10/29/2024 |
5 | GDEV to Announce Third Quarter 2024 Financial Results on November 14, 2024 | 11/07/2024 |
6 | GDEV Inc. Tops Q3 Earnings and Revenue Estimates | 11/14/2024 |
7 | Trading With Integrated Risk Controls - Stock Traders Daily | 11/18/2024 |
8 | Is GDEV Inc. Stock Outpacing Its Consumer Discretionary Peers This Year | 11/19/2024 |
9 | GDEV Inc Shares Up 3.72 percent on Dec 2 | 12/02/2024 |
10 | GDEV Inc Shares Gap Down to 22.2781 on Dec 5 | 12/05/2024 |
About GDEV 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 GDEV or other stocks. Alpha measures the amount that position in GDEV Inc 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 | 2023 | 2024 (projected) | Dividend Yield | 0.11 | 0.0976 | 0.1 | Price To Sales Ratio | 3.41 | 0.95 | 0.91 |
GDEV Upcoming Company Events
As portrayed in its financial statements, the presentation of GDEV's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, GDEV's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of GDEV's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of GDEV. Please utilize our Beneish M Score to check the likelihood of GDEV's management manipulating its earnings.
| 24th of June 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Additional Tools for GDEV Stock Analysis
When running GDEV's price analysis, check to measure GDEV'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 GDEV is operating at the current time. Most of GDEV's value examination focuses on studying past and present price action to predict the probability of GDEV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GDEV's price. Additionally, you may evaluate how the addition of GDEV to your portfolios can decrease your overall portfolio volatility.