Golden Matrix Group Stock Alpha and Beta Analysis
| GMGI Stock | USD 2.26 0.07 3.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Golden Matrix Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Golden Matrix over a specified time horizon. Remember, high Golden Matrix'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 Golden Matrix's market risk premium analysis include:
Beta 1.49 | Alpha (0.24) | Risk 5.14 | Sharpe Ratio 0.007 | Expected Return 0.0361 |
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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.
Golden |
Golden Matrix Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Golden Matrix market risk premium is the additional return an investor will receive from holding Golden Matrix 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 Golden Matrix. 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 Golden Matrix's performance over market.| α | -0.24 | β | 1.49 |
Golden Matrix 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 Golden Matrix's Buy-and-hold return. Our buy-and-hold chart shows how Golden Matrix performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Golden Matrix Market Price Analysis
Market price analysis indicators help investors to evaluate how Golden Matrix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golden Matrix shares will generate the highest return on investment. By understating and applying Golden Matrix stock market price indicators, traders can identify Golden Matrix position entry and exit signals to maximize returns.
Golden Matrix Return and Market Media
The median price of Golden Matrix for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 is 2.35 with a coefficient of variation of 7.78. The daily time series for the period is distributed with a sample standard deviation of 0.19, arithmetic mean of 2.42, and mean deviation of 0.15. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Doubling down on Golden Matrix in November | 10/03/2024 |
2 | Acquisition by Milovanovic Aleksandar of 9059 shares of Golden Matrix at 2.3 subject to Rule 16b-3 | 10/29/2024 |
3 | Acquisition by Milovanovic Aleksandar of 25000 shares of Golden Matrix at 2.45 subject to Rule 16b-3 | 10/30/2024 |
4 | Golden Matrix Group sees significant stock purchase by major shareholder | 10/31/2024 |
5 | Meridianbet Launches AI-Powered Im Feeling Lucky Online Casino Feature, Setting New iGaming Industry Standard | 11/01/2024 |
6 | Golden Matrix Group insider buys 121,500 in common stock | 11/04/2024 |
7 | With 85 percent ownership, Golden Matrix Group, Inc. insiders have a lot riding on the companys future | 11/06/2024 |
8 | Golden Matrix Group sees 125,362 in stock purchases by 10 percent owner | 11/08/2024 |
9 | Golden Matrix Group, Inc. Q3 2024 Earnings Call Transcript | 11/13/2024 |
10 | Meridianbet Redefines Sports Sponsorship with Europes First Emblem Integration Deal with BC Crvena Zvezda | 11/21/2024 |
11 | Golden Matrix Group director Thomas McChesney sells shares worth 27,250 | 11/22/2024 |
12 | Golden Matrix enters 20M equity distribution deal | 11/25/2024 |
13 | A Closer Look At Golden Matrix Group, Inc.s Impressive ROE | 12/03/2024 |
About Golden Matrix 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 Golden or other stocks. Alpha measures the amount that position in Golden Matrix Group 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.
| 2022 | 2023 | 2024 (projected) | Graham Number | 0.81 | 0.93 | 0.88 | Receivables Turnover | 11.38 | 10.24 | 6.01 |
Golden Matrix Upcoming Company Events
As portrayed in its financial statements, the presentation of Golden Matrix's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Golden Matrix's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Golden Matrix's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Golden Matrix. Please utilize our Beneish M Score to check the likelihood of Golden Matrix's management manipulating its earnings.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View |
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Check out Golden Matrix Backtesting, Golden Matrix Valuation, Golden Matrix Correlation, Golden Matrix Hype Analysis, Golden Matrix Volatility, Golden Matrix History and analyze Golden Matrix Performance. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Golden Matrix 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.