Equillium Stock Alpha and Beta Analysis

EQ Stock  USD 1.56  0.02  1.30%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Equillium. It also helps investors analyze the systematic and unsystematic risks associated with investing in Equillium over a specified time horizon. Remember, high Equillium'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 Equillium's market risk premium analysis include:
Beta
3.26
Alpha
(1.11)
Risk
6.63
Sharpe Ratio
(0.12)
Expected Return
(0.81)
Please note that although Equillium 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, Equillium did 1.11  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 Equillium stock's relative risk over its benchmark. Equillium has a beta of 3.26  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Equillium will likely underperform. .
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 Equillium Backtesting, Equillium Valuation, Equillium Correlation, Equillium Hype Analysis, Equillium Volatility, Equillium History and analyze Equillium Performance.
To learn how to invest in Equillium Stock, please use our How to Invest in Equillium guide.

Equillium Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Equillium market risk premium is the additional return an investor will receive from holding Equillium 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 Equillium. 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 Equillium's performance over market.
α-1.11   β3.26

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

Equillium Market Price Analysis

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

Equillium Return and Market Media

The median price of Equillium for the period between Sun, Feb 18, 2024 and Sat, May 18, 2024 is 2.06 with a coefficient of variation of 21.02. The daily time series for the period is distributed with a sample standard deviation of 0.44, arithmetic mean of 2.11, and mean deviation of 0.4. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Equillium 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 Equillium or other stocks. Alpha measures the amount that position in Equillium 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.

Equillium Upcoming Company Events

As portrayed in its financial statements, the presentation of Equillium's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Equillium's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Equillium's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Equillium. Please utilize our Beneish M Score to check the likelihood of Equillium's management manipulating its earnings.
28th of March 2024
Upcoming Quarterly Report
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9th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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28th of March 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Build Portfolio with Equillium

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.

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Align your risk with return expectations

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 Equillium is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Equillium Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Equillium Stock. Highlighted below are key reports to facilitate an investment decision about Equillium Stock:
Check out Equillium Backtesting, Equillium Valuation, Equillium Correlation, Equillium Hype Analysis, Equillium Volatility, Equillium History and analyze Equillium Performance.
To learn how to invest in Equillium Stock, please use our How to Invest in Equillium guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Equillium's price analysis, check to measure Equillium'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 Equillium is operating at the current time. Most of Equillium's value examination focuses on studying past and present price action to predict the probability of Equillium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equillium's price. Additionally, you may evaluate how the addition of Equillium to your portfolios can decrease your overall portfolio volatility.
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Equillium 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 Equillium technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Equillium 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...