Amarin Plc Stock Alpha and Beta Analysis
| AMRN Stock | USD 0.92 0.04 4.55% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Amarin PLC. It also helps investors analyze the systematic and unsystematic risks associated with investing in Amarin PLC over a specified time horizon. Remember, high Amarin PLC'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 Amarin PLC's market risk premium analysis include:
Beta 0.37 | Alpha (0.45) | Risk 4.59 | Sharpe Ratio (0.07) | Expected Return (0.33) |
Enterprise Value |
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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.
Amarin |
Amarin PLC Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Amarin PLC market risk premium is the additional return an investor will receive from holding Amarin PLC 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 Amarin PLC. 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 Amarin PLC's performance over market.| α | -0.45 | β | 0.37 |
Amarin PLC 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 Amarin PLC's Buy-and-hold return. Our buy-and-hold chart shows how Amarin PLC performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Amarin PLC Market Price Analysis
Market price analysis indicators help investors to evaluate how Amarin PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amarin PLC shares will generate the highest return on investment. By understating and applying Amarin PLC stock market price indicators, traders can identify Amarin PLC position entry and exit signals to maximize returns.
Amarin PLC Return and Market Media
The median price of Amarin PLC for the period between Thu, Feb 1, 2024 and Wed, May 1, 2024 is 1.02 with a coefficient of variation of 15.56. The daily time series for the period is distributed with a sample standard deviation of 0.16, arithmetic mean of 1.03, and mean deviation of 0.14. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Amarin Plc Q4 2023 Earnings Call Transcript | 02/29/2024 |
2 | Amarin Full Year 2023 Earnings Beats Expectations | 03/05/2024 |
3 | Little Excitement Around Amarin Corporation plcs Revenues As Shares Take 27 percent Pounding | 03/12/2024 |
4 | Acquisition by Bonfiglio Patrice Eadon of 167411 shares of Amarin PLC at 1.12 subject to Rule 16b-3 | 04/01/2024 |
5 | Amarin Provides Update on VAZKEPA Intellectual Property Portfolio in Europe | 04/03/2024 |
6 | New REDUCE-IT Analyses Show VASCEPA Benefit in High-Risk Cardiovascular Disease Patient Subgroups | 04/08/2024 |
7 | Acquisition by Bonfiglio Patrice Eadon of 50287 shares of Amarin PLC subject to Rule 16b-3 | 04/18/2024 |
8 | Amarin Announces Results of Annual General Meeting of Shareholders | 04/22/2024 |
9 | Acquisition by Sterling Louis Iii of 167411 shares of Amarin PLC at 1.12 subject to Rule 16b-3 | 04/26/2024 |
About Amarin PLC 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 Amarin or other stocks. Alpha measures the amount that position in Amarin PLC 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 | 1.06 | 1.96 | 2.0 | 2.76 | Days Of Inventory On Hand | 706.0 | 658.89 | 894.62 | 939.35 |
Amarin PLC Upcoming Company Events
As portrayed in its financial statements, the presentation of Amarin PLC's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Amarin PLC's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Amarin PLC's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Amarin PLC. Please utilize our Beneish M Score to check the likelihood of Amarin PLC's management manipulating its earnings.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 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 Amarin PLC
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
Align your risk with return expectations
Check out Amarin PLC Backtesting, Amarin PLC Valuation, Amarin PLC Correlation, Amarin PLC Hype Analysis, Amarin PLC Volatility, Amarin PLC History and analyze Amarin PLC Performance. To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Amarin Stock analysis
When running Amarin PLC's price analysis, check to measure Amarin PLC'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 Amarin PLC is operating at the current time. Most of Amarin PLC's value examination focuses on studying past and present price action to predict the probability of Amarin PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amarin PLC's price. Additionally, you may evaluate how the addition of Amarin PLC to your portfolios can decrease your overall portfolio volatility.
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Amarin PLC 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.