Purple Alpha and Beta Analysis

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This module allows you to check different measures of market premium (i.e. an alpha and beta) for all equities including Purple Entertainment Limited, as well as systematic risk associated with investing in Purple Entertainment over a specified time horizon. Check out Your Equity Center.

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Please note that although Purple Entertainment alpha is a measure of relative return and represented here as a single number, it actually indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Purple Entertainment did 0.00  better 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 Purple Entertainment Limited relative risk over its benchmark. Purple Entertainment has beta of 0.00  . The returns on DOW and Purple Entertainment are completely uncorrelated. Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility againt 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 a benchmark but still not compensate for the assumption of the volatility risk.

Purple Entertainment Market Premiums

α0.00   β0.00
30 days against DJI

Purple Entertainment Fundamentals

    
 Better Than Average     
    
 Worse Than Average Compare Purple Entertainment to competition

Purple Entertainment Fundamental Vs Peers

FundamentalsPurple EntertainmentPeer Average
Return On Equity(3.14) (0.31) 
Return On Asset(0.77) (0.14) 
Operating Margin606.49 (5.51) 
Current Valuation180.94 M16.62 B
Shares Outstanding8.65 M571.82 M
Price to Earning380.00 28.72 
Price to Book2.04 9.51 

Purple Entertainment Opportunities

Purple Entertainment Return and Market Media

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Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page
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