Atrenew Inc Drc Stock Alpha and Beta Analysis
| RERE Stock | USD 2.56 0.01 0.39% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ATRenew Inc DRC. It also helps investors analyze the systematic and unsystematic risks associated with investing in ATRenew over a specified time horizon. Remember, high ATRenew'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 ATRenew's market risk premium analysis include:
Beta 2.45 | Alpha 1.33 | Risk 5.47 | Sharpe Ratio 0.15 | Expected Return 0.82 |
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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.
ATRenew |
ATRenew Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ATRenew market risk premium is the additional return an investor will receive from holding ATRenew 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 ATRenew. 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 ATRenew's performance over market.| α | 1.33 | β | 2.45 |
ATRenew 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 ATRenew's Buy-and-hold return. Our buy-and-hold chart shows how ATRenew performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ATRenew Market Price Analysis
Market price analysis indicators help investors to evaluate how ATRenew stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ATRenew shares will generate the highest return on investment. By understating and applying ATRenew stock market price indicators, traders can identify ATRenew position entry and exit signals to maximize returns.
ATRenew Return and Market Media
The median price of ATRenew for the period between Thu, Mar 14, 2024 and Wed, Jun 12, 2024 is 1.98 with a coefficient of variation of 21.77. The daily time series for the period is distributed with a sample standard deviation of 0.45, arithmetic mean of 2.07, and mean deviation of 0.41. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | ATRenew Polishes Recycling Credentials To Record First Profit | 03/20/2024 |
2 | Bamboo Works Spotlights Potential for Smartphone Recycling in Expert Opinion from ATRenew Chairman Kerry Chen | 04/18/2024 |
3 | ATRenew to Attend Goldman Sachs TechNet Conference Asia Pacific 2024 | 05/07/2024 |
4 | RERE Stock Earnings ATRenew Misses EPS, Beats Revenue for Q1 2024 | 05/20/2024 |
5 | Q1 2024 ATRenew Inc Earnings Call Transcript | 05/21/2024 |
6 | ATRenew Inc. Renews Business Cooperation Agreement with JD.com | 05/31/2024 |
About ATRenew 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 ATRenew or other stocks. Alpha measures the amount that position in ATRenew Inc DRC 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 | 138.83 | 103.59 | 19.42 | 18.45 | Days Of Inventory On Hand | 30.47 | 20.83 | 35.91 | 37.7 |
ATRenew Upcoming Company Events
As portrayed in its financial statements, the presentation of ATRenew's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ATRenew's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of ATRenew's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of ATRenew. Please utilize our Beneish M Score to check the likelihood of ATRenew's management manipulating its earnings.
| 11th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with ATRenew
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Additional Information and Resources on Investing in ATRenew Stock
When determining whether ATRenew Inc DRC is a strong investment it is important to analyze ATRenew's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ATRenew's future performance. For an informed investment choice regarding ATRenew Stock, refer to the following important reports:Check out ATRenew Backtesting, ATRenew Valuation, ATRenew Correlation, ATRenew Hype Analysis, ATRenew Volatility, ATRenew History and analyze ATRenew Performance. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
ATRenew 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.