Helius Medical Technologies Stock Alpha and Beta Analysis
| HSDT Stock | USD 4.82 0.16 3.21% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Helius Medical Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Helius Medical over a specified time horizon. Remember, high Helius 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 Helius Medical's market risk premium analysis include:
Beta 1.41 | Alpha (0.53) | Risk 5.73 | Sharpe Ratio (0.08) | Expected Return (0.44) |
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.
Helius |
Helius Medical Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Helius Medical market risk premium is the additional return an investor will receive from holding Helius 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 Helius 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 Helius Medical's performance over market.| α | -0.53 | β | 1.41 |
Helius 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 Helius Medical's Buy-and-hold return. Our buy-and-hold chart shows how Helius Medical performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Helius Medical Market Price Analysis
Market price analysis indicators help investors to evaluate how Helius 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 Helius Medical shares will generate the highest return on investment. By understating and applying Helius Medical stock market price indicators, traders can identify Helius Medical position entry and exit signals to maximize returns.
Helius Medical Return and Market Media
The median price of Helius Medical for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 5.86 with a coefficient of variation of 10.61. The daily time series for the period is distributed with a sample standard deviation of 0.63, arithmetic mean of 5.96, and mean deviation of 0.47. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Helius Medical Shares Rise 21 percent After FDA Meeting | 02/06/2024 |
2 | Helius Medical Shares Climb As PoNS Treatment Nears Reimbursement Milestone | 03/04/2024 |
3 | Helius Medical Technologies, Inc. to Present at the 36th Annual ROTH Conference | 03/07/2024 |
4 | Helius Medical Technologies, Inc. to Release Fourth Quarter and Full Year 2023 Financial Results on March 28, 2024 | 03/15/2024 |
5 | Helius Medical Technologies GAAP EPS of -1.47 beats by 2.30, revenue of 0.13M misses by 0.12M | 03/28/2024 |
6 | Helius Medical Technologies, Inc. Q4 2023 Earnings Call Transcript | 04/01/2024 |
7 | Helius Medical stock rallies 40 percent explore why | 04/03/2024 |
8 | Roth Capital Brokers Raise Earnings Estimates for Helius Medical Technologies, Inc. - Defense World | 04/04/2024 |
9 | Financial Survey Helius Medical Technologies NeurAxis - Defense World | 04/19/2024 |
About Helius 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 Helius or other stocks. Alpha measures the amount that position in Helius Medical Techn 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 | 0.28 | 0.74 | 1.4 | 1.47 | Days Of Inventory On Hand | 583.02 | 464.33 | 223.9 | 303.23 |
Helius Medical Upcoming Company Events
As portrayed in its financial statements, the presentation of Helius Medical's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Helius Medical's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Helius Medical's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Helius Medical. Please utilize our Beneish M Score to check the likelihood of Helius Medical's management manipulating its earnings.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th 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 Helius Medical
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 Helius Medical Backtesting, Helius Medical Valuation, Helius Medical Correlation, Helius Medical Hype Analysis, Helius Medical Volatility, Helius Medical History and analyze Helius Medical Performance. Note that the Helius Medical Techn information on this page should be used as a complementary analysis to other Helius Medical's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Helius Stock analysis
When running Helius Medical's price analysis, check to measure Helius 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 Helius Medical is operating at the current time. Most of Helius Medical's value examination focuses on studying past and present price action to predict the probability of Helius 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 Helius Medical's price. Additionally, you may evaluate how the addition of Helius Medical to your portfolios can decrease your overall portfolio volatility.
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Helius 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.