Angiodynamics Stock Alpha and Beta Analysis


USD 13.35  0.34  2.48%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Angiodynamics. It also helps investors analyze the systematic and unsystematic risks associated with investing in Angiodynamics over a specified time horizon. Remember, high Angiodynamics' 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.
Please continue to Angiodynamics Backtesting, Angiodynamics Valuation, Angiodynamics Correlation, Angiodynamics Hype Analysis, Angiodynamics Volatility, Angiodynamics History and analyze Angiodynamics Performance.
Please note that although Angiodynamics 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., DOW index.) So in this particular case, Angiodynamics did 0.77  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 Angiodynamics stock's relative risk over its benchmark. Angiodynamics has a beta of 1.20  . Let's try to break down what Angiodynamics's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Angiodynamics will likely underperform.
Angiodynamics Book Value per Share is quite stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 11.84. Enterprise Value over EBITDA is expected to rise to 325.50 this year, although Enterprise Value over EBIT will most likely fall to (26.68) .
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.

Enterprise Value

763.57 Million

Angiodynamics Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Angiodynamics market risk premium is the additional return an investor will receive from holding Angiodynamics 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 Angiodynamics. 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 Angiodynamics' performance over market.
α-0.77   β1.20
90 days against DJI

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

Angiodynamics Market Price Analysis

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

Angiodynamics Return and Market Media

The median price of Angiodynamics for the period between Tue, Aug 30, 2022 and Mon, Nov 28, 2022 is 14.86 with a coefficient of variation of 21.79. The daily time series for the period is distributed with a sample standard deviation of 3.8, arithmetic mean of 17.44, and mean deviation of 3.66. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
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EPS Reported10/06/2022
Purchase by James Clemmer of 10000 shares of Angiodynamics10/11/2022
Purchase by Stephen Trowbridge of 1083 shares of Angiodynami...10/12/2022
Trade Alert The CEO, President Director Of AngioDynamics, In...10/13/2022
AngioDynamics Announces First Patient Enrolled in APEX-AV St...10/31/2022
A number of insiders bought AngioDynamics, Inc. stock last y...11/25/2022

About Angiodynamics 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 Angiodynamics or other stocks. Alpha measures the amount that position in Angiodynamics 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 (projected)
Long Term Debt to Equity0.05890.0604
Interest Coverage3.12.76

Angiodynamics Upcoming Company Events

As portrayed in its financial statements, the presentation of Angiodynamics' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Angiodynamics' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Angiodynamics' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Angiodynamics. Please utilize our Beneish M Score to check the likelihood of Angiodynamics' management manipulating its earnings.
Upcoming Quarterly Report29th of March 2022
Next Financial Report12th of July 2022
Next Fiscal Quarter End28th of February 2022
Next Fiscal Year End12th of July 2022
Last Quarter Report30th of November 2021
Last Financial Announcement28th of February 2021

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Please continue to Angiodynamics Backtesting, Angiodynamics Valuation, Angiodynamics Correlation, Angiodynamics Hype Analysis, Angiodynamics Volatility, Angiodynamics History and analyze Angiodynamics Performance. Note that the Angiodynamics information on this page should be used as a complementary analysis to other Angiodynamics' 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Angiodynamics 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 Angiodynamics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Angiodynamics 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...