Elkhorn Etf Alpha and Beta Analysis
| XM Etf | USD 18.14 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Elkhorn. It also helps investors analyze the systematic and unsystematic risks associated with investing in Elkhorn over a specified time horizon. Remember, high Elkhorn'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 Elkhorn's market risk premium analysis include:
Beta (0) | Alpha 0.03 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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.
Elkhorn |
Elkhorn Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Elkhorn market risk premium is the additional return an investor will receive from holding Elkhorn 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 Elkhorn. 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 Elkhorn's performance over market.| α | 0.03 | β | -0.0045 |
Elkhorn Fundamentals Vs Peers
Comparing Elkhorn's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Elkhorn's direct or indirect competition across all of the common fundamentals between Elkhorn and the related equities. This way, we can detect undervalued stocks with similar characteristics as Elkhorn or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Elkhorn's fundamental indicators could also be used in its relative valuation, which is a method of valuing Elkhorn by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Elkhorn to competition |
| Fundamentals | Elkhorn | Peer Average |
| Price To Book | 3.22 X | 0.39 X |
| Price To Sales | 4.38 X | 0.33 X |
| Beta | 1.73 | |
| Net Asset | 3.4 B | 2.29 B |
| Equity Positions Weight | 100.00 % | 52.82 % |
Elkhorn Opportunities
Elkhorn Return and Market Media
The Etf received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 1802 shares by Brightful Deporres of Elkhorn at 16.4403 subject to Rule 16b-3 | 12/22/2024 |
About Elkhorn 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 Elkhorn or other etfs. Alpha measures the amount that position in Elkhorn 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.
Elkhorn Upcoming Company Events
As portrayed in its financial statements, the presentation of Elkhorn's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Elkhorn's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Elkhorn's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Elkhorn. Please utilize our Beneish M Score to check the likelihood of Elkhorn's management manipulating its earnings.
| 19th of July 2023 Upcoming Quarterly Report | View | |
| 23rd of October 2023 Next Financial Report | View | |
| 30th of June 2023 Next Fiscal Quarter End | View | |
| 24th of January 2024 Next Fiscal Year End | View | |
| 31st of March 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Elkhorn technical etf 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, etf market cycles, or different charting patterns.