60 Degrees Pharmaceuticals, Stock Alpha and Beta Analysis
| SXTPW Stock | 0.04 0.01 30.43% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as 60 Degrees Pharmaceuticals,. It also helps investors analyze the systematic and unsystematic risks associated with investing in 60 Degrees over a specified time horizon. Remember, high 60 Degrees' 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 60 Degrees' market risk premium analysis include:
Beta (8.66) | Alpha 7.19 | Risk 57.7 | Sharpe Ratio 0.21 | Expected Return 12.4 |
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.
SXTPW |
60 Degrees Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. 60 Degrees market risk premium is the additional return an investor will receive from holding 60 Degrees 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 60 Degrees. 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 60 Degrees' performance over market.| α | 7.19 | β | -8.66 |
60 Degrees 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 60 Degrees' Buy-and-hold return. Our buy-and-hold chart shows how 60 Degrees performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.60 Degrees Market Price Analysis
Market price analysis indicators help investors to evaluate how 60 Degrees stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 60 Degrees shares will generate the highest return on investment. By understating and applying 60 Degrees stock market price indicators, traders can identify 60 Degrees position entry and exit signals to maximize returns.
60 Degrees Return and Market Media
The median price of 60 Degrees for the period between Mon, Sep 16, 2024 and Sun, Dec 15, 2024 is 0.041 with a coefficient of variation of 46.5. The daily time series for the period is distributed with a sample standard deviation of 0.02, arithmetic mean of 0.04, and mean deviation of 0.02. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | 60 Degrees Pharmaceuticals, Inc. Sees Large Growth in Short Interest - Defense World | 07/26/2024 |
2 | Should You Add 60 Degrees Pharmaceuticals, Inc. to Your Stock Portfolio Right Now - Yahoo Finance | 08/12/2024 |
3 | 60 Degrees Pharmaceuticals, Inc. Regains Compliance with Nasdaq Listing Requirements - GlobeNewswire | 08/28/2024 |
4 | 60 Degrees Pharmaceuticals Inc. Announces ARAKODA Promotional Pilot in Advance of Expanded U.S. Launch - Marketscreener.com | 10/03/2024 |
5 | 60 Degrees Pharmaceuticals Expands Tafenoquine Clinical Trial for Babesiosis to Brigham and ... | 12/11/2024 |
About 60 Degrees 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 SXTPW or other stocks. Alpha measures the amount that position in 60 Degrees Pharmaceu 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 60 Degrees in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 60 Degrees' short interest history, or implied volatility extrapolated from 60 Degrees options trading.
Build Portfolio with 60 Degrees
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Additional Tools for SXTPW Stock Analysis
When running 60 Degrees' price analysis, check to measure 60 Degrees' 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 60 Degrees is operating at the current time. Most of 60 Degrees' value examination focuses on studying past and present price action to predict the probability of 60 Degrees' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 60 Degrees' price. Additionally, you may evaluate how the addition of 60 Degrees to your portfolios can decrease your overall portfolio volatility.