Pedevco Corp Stock Alpha and Beta Analysis
| PED Stock | USD 0.84 0.01 1.18% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PEDEVCO Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in PEDEVCO Corp over a specified time horizon. Remember, high PEDEVCO Corp'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 PEDEVCO Corp's market risk premium analysis include:
Beta 0.58 | Alpha (0.07) | Risk 3.06 | Sharpe Ratio 0.0208 | Expected Return 0.0638 |
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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.
PEDEVCO |
PEDEVCO Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. PEDEVCO Corp market risk premium is the additional return an investor will receive from holding PEDEVCO Corp 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 PEDEVCO Corp. 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 PEDEVCO Corp's performance over market.| α | -0.07 | β | 0.58 |
PEDEVCO Corp 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 PEDEVCO Corp's Buy-and-hold return. Our buy-and-hold chart shows how PEDEVCO Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.PEDEVCO Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how PEDEVCO Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PEDEVCO Corp shares will generate the highest return on investment. By understating and applying PEDEVCO Corp stock market price indicators, traders can identify PEDEVCO Corp position entry and exit signals to maximize returns.
PEDEVCO Corp Return and Market Media
The median price of PEDEVCO Corp for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 0.91 with a coefficient of variation of 5.13. The daily time series for the period is distributed with a sample standard deviation of 0.05, arithmetic mean of 0.92, and mean deviation of 0.04. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | PEDEVCO Now Covered by StockNews.com | 09/20/2024 |
2 | Disposition of 20000 shares by Paul Pinkston of PEDEVCO Corp at 1.0633 subject to Rule 16b-3 | 09/30/2024 |
3 | Equinor Signs Deal With AGR for Subsurface Field Development Support | 10/04/2024 |
4 | Eni Backs CLEAN Initiative, Expands LNG Cooperation With Japan | 10/08/2024 |
5 | ExxonMobil Eyes 500M Sale of Bakken Shale Assets in North Dakota | 10/16/2024 |
6 | SLB Q3 Earnings Beat Estimates, Revenues Rise Year Over Year | 10/18/2024 |
7 | Shells Onshore Oil Field Sale Worth 1.3B in Nigeria Suffers Setback | 10/21/2024 |
8 | What is Roth Capitals Estimate for PEDEVCO Q3 Earnings - MarketBeat | 10/24/2024 |
9 | PEDEVCO Coverage Initiated by Analysts at StockNews.com | 11/14/2024 |
10 | Acquisition by Sk Energy Llc of 200000 shares of PEDEVCO Corp at 1.1835 subject to Rule 16b-3 | 11/15/2024 |
11 | Pedevco Corp. Q3 Earnings Match Estimates - MSN | 11/19/2024 |
About PEDEVCO Corp 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 PEDEVCO or other stocks. Alpha measures the amount that position in PEDEVCO Corp 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.
| 2023 | 2024 (projected) | Payables Turnover | 3.15 | 2.99 | Days Of Inventory On Hand | 2.7E-5 | 2.5E-5 |
PEDEVCO Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of PEDEVCO Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PEDEVCO Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of PEDEVCO Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of PEDEVCO Corp. Please utilize our Beneish M Score to check the likelihood of PEDEVCO Corp's management manipulating its earnings.
| 3rd of April 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 3rd of April 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with PEDEVCO Corp
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out PEDEVCO Corp Backtesting, PEDEVCO Corp Valuation, PEDEVCO Corp Correlation, PEDEVCO Corp Hype Analysis, PEDEVCO Corp Volatility, PEDEVCO Corp History and analyze PEDEVCO Corp Performance. For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
PEDEVCO Corp 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.