Digital Health Acquisition Stock Alpha and Beta Analysis
| DHAC Stock | USD 12.00 0.01 0.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Digital Health Acquisition. It also helps investors analyze the systematic and unsystematic risks associated with investing in Digital Health over a specified time horizon. Remember, high Digital Health'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 Digital Health's market risk premium analysis include:
Beta (0.99) | Alpha 0.0567 | Risk 2.46 | Sharpe Ratio 0.0002 | Expected Return 0.0005 |
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.
Digital |
Digital Health Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Digital Health market risk premium is the additional return an investor will receive from holding Digital Health 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 Digital Health. 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 Digital Health's performance over market.| α | 0.06 | β | -0.99 |
Digital Health 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 Digital Health's Buy-and-hold return. Our buy-and-hold chart shows how Digital Health performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Digital Health Market Price Analysis
Market price analysis indicators help investors to evaluate how Digital Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Digital Health shares will generate the highest return on investment. By understating and applying Digital Health stock market price indicators, traders can identify Digital Health position entry and exit signals to maximize returns.
Digital Health Return and Market Media
The median price of Digital Health for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 is 11.84 with a coefficient of variation of 2.93. The daily time series for the period is distributed with a sample standard deviation of 0.35, arithmetic mean of 11.94, and mean deviation of 0.28. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | DarioHealth acquires fellow digital health firm Twill - Yahoo Finance | 02/22/2024 |
2 | Investment Analysis and Advice - Stock Traders Daily | 04/17/2024 |
About Digital Health 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 Digital or other stocks. Alpha measures the amount that position in Digital Health Acqui 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Digital Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Digital Health's short interest history, or implied volatility extrapolated from Digital Health options trading.
Build Portfolio with Digital Health
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 Digital Health Backtesting, Digital Health Valuation, Digital Health Correlation, Digital Health Hype Analysis, Digital Health Volatility, Digital Health History and analyze Digital Health Performance. Note that the Digital Health Acqui information on this page should be used as a complementary analysis to other Digital Health'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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Digital Stock analysis
When running Digital Health's price analysis, check to measure Digital Health'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 Digital Health is operating at the current time. Most of Digital Health's value examination focuses on studying past and present price action to predict the probability of Digital Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Health's price. Additionally, you may evaluate how the addition of Digital Health to your portfolios can decrease your overall portfolio volatility.
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Digital Health 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.