Socket Mobile Stock Alpha and Beta Analysis
| SCKT Stock | USD 1.47 0.01 0.68% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Socket Mobile. It also helps investors analyze the systematic and unsystematic risks associated with investing in Socket Mobile over a specified time horizon. Remember, high Socket Mobile'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 Socket Mobile's market risk premium analysis include:
Beta 0.57 | Alpha 0.31 | Risk 3.9 | Sharpe Ratio 0.13 | Expected Return 0.5 |
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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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Socket Mobile Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Socket Mobile market risk premium is the additional return an investor will receive from holding Socket Mobile 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 Socket Mobile. 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 Socket Mobile's performance over market.| α | 0.31 | β | 0.57 |
Socket Mobile 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 Socket Mobile's Buy-and-hold return. Our buy-and-hold chart shows how Socket Mobile performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Socket Mobile Market Price Analysis
Market price analysis indicators help investors to evaluate how Socket Mobile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Socket Mobile shares will generate the highest return on investment. By understating and applying Socket Mobile stock market price indicators, traders can identify Socket Mobile position entry and exit signals to maximize returns.
Socket Mobile Return and Market Media
The median price of Socket Mobile for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 is 1.17 with a coefficient of variation of 10.68. The daily time series for the period is distributed with a sample standard deviation of 0.13, arithmetic mean of 1.22, and mean deviation of 0.1. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Insider Trading | 09/26/2024 |
2 | Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.3998 subject to Rule 16b-3 | 10/17/2024 |
3 | Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.0768 subject to Rule 16b-3 | 10/29/2024 |
4 | Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.1213 subject to Rule 16b-3 | 11/01/2024 |
5 | Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.1655 subject to Rule 16b-3 | 11/04/2024 |
6 | Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.1706 subject to Rule 16b-3 | 11/08/2024 |
7 | Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.1828 subject to Rule 16b-3 | 11/11/2024 |
8 | Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.1812 subject to Rule 16b-3 | 11/12/2024 |
9 | Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.3507 subject to Rule 16b-3 | 11/14/2024 |
10 | Director and 10 percent Owner Charlie Bass Acquires 10,000 Shares of Socket Mobile Inc | 11/15/2024 |
11 | Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.3992 subject to Rule 16b-3 | 11/19/2024 |
12 | Socket Mobile director Charlie Bass buys 14k in stock | 11/20/2024 |
13 | Socket Mobile, Inc.s 27 percent Share Price Surge Not Quite Adding Up | 11/21/2024 |
14 | Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.4969 subject to Rule 16b-3 | 11/25/2024 |
15 | Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.5288 subject to Rule 16b-3 | 11/26/2024 |
16 | Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.4767 subject to Rule 16b-3 | 11/27/2024 |
17 | Acquisition by Bass Charlie of 5000 shares of Socket Mobile at 1.5655 subject to Rule 16b-3 | 11/29/2024 |
18 | Socket Mobile director Charlie Bass buys 7,827 in common stock | 12/02/2024 |
About Socket Mobile 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 Socket or other stocks. Alpha measures the amount that position in Socket Mobile 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 | 4.96 | 6.53 | 5.34 | 3.16 | Days Of Inventory On Hand | 174.82 | 188.07 | 235.62 | 247.4 |
Socket Mobile Upcoming Company Events
As portrayed in its financial statements, the presentation of Socket Mobile's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Socket Mobile's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Socket Mobile's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Socket Mobile. Please utilize our Beneish M Score to check the likelihood of Socket Mobile's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Additional Tools for Socket Stock Analysis
When running Socket Mobile's price analysis, check to measure Socket Mobile'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 Socket Mobile is operating at the current time. Most of Socket Mobile's value examination focuses on studying past and present price action to predict the probability of Socket Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Socket Mobile's price. Additionally, you may evaluate how the addition of Socket Mobile to your portfolios can decrease your overall portfolio volatility.