Apyx Medical Stock Alpha and Beta Analysis

APYX Stock  USD 1.36  0.05  3.55%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Apyx Medical. It also helps investors analyze the systematic and unsystematic risks associated with investing in Apyx Medical over a specified time horizon. Remember, high Apyx Medical'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 Apyx Medical's market risk premium analysis include:
Beta
2.07
Alpha
(0.97)
Risk
6.83
Sharpe Ratio
(0.13)
Expected Return
(0.86)
Please note that although Apyx Medical alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Apyx Medical did 0.97  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Apyx Medical stock's relative risk over its benchmark. Apyx Medical has a beta of 2.07  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Apyx Medical will likely underperform. Price Book Value Ratio is likely to drop to 3.23 in 2024. Enterprise Value Multiple is likely to drop to -4.66 in 2024.
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.
  
Check out Apyx Medical Backtesting, Apyx Medical Valuation, Apyx Medical Correlation, Apyx Medical Hype Analysis, Apyx Medical Volatility, Apyx Medical History and analyze Apyx Medical Performance.
For more information on how to buy Apyx Stock please use our How to Invest in Apyx Medical guide.

Apyx Medical Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Apyx Medical market risk premium is the additional return an investor will receive from holding Apyx Medical 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 Apyx Medical. 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 Apyx Medical's performance over market.
α-0.97   β2.07

Apyx Medical 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 Apyx Medical's Buy-and-hold return. Our buy-and-hold chart shows how Apyx Medical performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Apyx Medical Market Price Analysis

Market price analysis indicators help investors to evaluate how Apyx Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Apyx Medical shares will generate the highest return on investment. By understating and applying Apyx Medical stock market price indicators, traders can identify Apyx Medical position entry and exit signals to maximize returns.

Apyx Medical Return and Market Media

The median price of Apyx Medical for the period between Sat, Dec 30, 2023 and Fri, Mar 29, 2024 is 2.17 with a coefficient of variation of 18.18. The daily time series for the period is distributed with a sample standard deviation of 0.39, arithmetic mean of 2.16, and mean deviation of 0.31. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Apyx Medical Trading 8.8 percent Higher - MarketBeat
01/29/2024
2
Owens Minor Q4 Earnings Surpass Estimates
02/20/2024
3
Apyx Medical Corporation Announces Renuvion to be Featured in Educational Sessions at the American Academy of Cosmetic Surgery Scientific Meeting
02/21/2024
4
Purchase by Renn Universal Growth Investment Trust of 7100 shares of Apyx Medical
02/26/2024
5
Apyx Medical Corporation to Release Fourth Quarter and Fiscal Year 2023 Financial Results on March 21, 2024
03/04/2024
6
Acquisition by Charles Goodwin of 9750 shares of Apyx Medical at 5.97 subject to Rule 16b-3
03/15/2024
7
Apyx Medical Reports Q4 Loss, Tops Revenue Estimates
03/21/2024
8
Apyx Medical Insiders Lose Out As Stock Sinks To US1.32
03/22/2024
9
Acquisition by John Andres of 17000 shares of Apyx Medical at 9.42 subject to Rule 16b-3
03/26/2024

About Apyx Medical 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 Apyx or other stocks. Alpha measures the amount that position in Apyx Medical 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)
Price Book Value Ratio8.22.153.43.23
Operating Cycle325.07429.61192.73161.14

Apyx Medical Upcoming Company Events

As portrayed in its financial statements, the presentation of Apyx Medical's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Apyx Medical's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Apyx Medical's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Apyx Medical. Please utilize our Beneish M Score to check the likelihood of Apyx Medical's management manipulating its earnings.
21st of March 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Apyx Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Apyx Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Apyx Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apyx Medical Stock:
Check out Apyx Medical Backtesting, Apyx Medical Valuation, Apyx Medical Correlation, Apyx Medical Hype Analysis, Apyx Medical Volatility, Apyx Medical History and analyze Apyx Medical Performance.
For more information on how to buy Apyx Stock please use our How to Invest in Apyx Medical guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Apyx Medical's price analysis, check to measure Apyx Medical'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 Apyx Medical is operating at the current time. Most of Apyx Medical's value examination focuses on studying past and present price action to predict the probability of Apyx Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apyx Medical's price. Additionally, you may evaluate how the addition of Apyx Medical to your portfolios can decrease your overall portfolio volatility.
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Apyx Medical 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.
A focus of Apyx Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Apyx Medical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...