Licycle Holdings Corp Stock Alpha and Beta Analysis
| LICY Stock | USD 0.70 0.10 12.50% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as LiCycle Holdings Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in LiCycle Holdings over a specified time horizon. Remember, high LiCycle Holdings' 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 LiCycle Holdings' market risk premium analysis include:
Beta 5.57 | Alpha 0.76 | Risk 12.75 | Sharpe Ratio 0.1 | Expected Return 1.3 |
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.
LiCycle |
LiCycle Holdings Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. LiCycle Holdings market risk premium is the additional return an investor will receive from holding LiCycle Holdings 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 LiCycle Holdings. 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 LiCycle Holdings' performance over market.| α | 0.76 | β | 5.57 |
LiCycle Holdings 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 LiCycle Holdings' Buy-and-hold return. Our buy-and-hold chart shows how LiCycle Holdings performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.LiCycle Holdings Market Price Analysis
Market price analysis indicators help investors to evaluate how LiCycle Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LiCycle Holdings shares will generate the highest return on investment. By understating and applying LiCycle Holdings stock market price indicators, traders can identify LiCycle Holdings position entry and exit signals to maximize returns.
LiCycle Holdings Return and Market Media
The median price of LiCycle Holdings for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 is 0.46 with a coefficient of variation of 45.87. The daily time series for the period is distributed with a sample standard deviation of 0.3, arithmetic mean of 0.65, and mean deviation of 0.27. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Sale by Barwell Christine of 14003 shares of LiCycle Holdings | 02/01/2024 |
2 | LiCycle Holdings exotic insider transaction detected | 02/21/2024 |
3 | Acquisition by Glencore Plc of tradable shares of LiCycle Holdings subject to Rule 16b-3 | 03/11/2024 |
4 | Li-Cycle surges to YTD high after securing 75B investment from Glencore | 03/12/2024 |
5 | Disposition of tradable shares by Sinha Kunal of LiCycle Holdings subject to Rule 16b-3 | 03/14/2024 |
6 | Li-Cycle Reports Full Year 2023 Results | 03/15/2024 |
7 | LICY Stock Earnings Li-Cycle Holdings Beats EPS, Beats Revenue for Q4 2023 | 03/18/2024 |
8 | Li-Cycle Holdings Corp. Q4 2023 Earnings Call Transcript | 03/22/2024 |
9 | Li-Cycle Closes 75 Million Strategic Investment from Glencore | 03/25/2024 |
10 | Disposition of 38205 shares by Spollen Conor of LiCycle Holdings at 5.77 subject to Rule 16b-3 | 03/26/2024 |
11 | Insider Trading | 03/28/2024 |
12 | Li-Cycle Holdings Corp. institutional owners may be pleased with recent gains after 50 percent loss over the ... - Yahoo Movies UK | 04/09/2024 |
13 | Li-Cycle to Host Annual General and Special Meeting of Shareholders on Thursday, May 23, 2024 at 830 a.m. | 04/12/2024 |
About LiCycle Holdings 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 LiCycle or other stocks. Alpha measures the amount that position in LiCycle Holdings Corp 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) | Days Sales Outstanding | 253.32 | 57.84 | 66.52 | 63.19 | PTB Ratio | 2.06 | 2.24 | 2.58 | 2.45 |
LiCycle Holdings Upcoming Company Events
As portrayed in its financial statements, the presentation of LiCycle Holdings' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, LiCycle Holdings' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of LiCycle Holdings' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of LiCycle Holdings. Please utilize our Beneish M Score to check the likelihood of LiCycle Holdings' management manipulating its earnings.
| 29th of January 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of January 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 LiCycle Holdings
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
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Check out LiCycle Holdings Backtesting, LiCycle Holdings Valuation, LiCycle Holdings Correlation, LiCycle Holdings Hype Analysis, LiCycle Holdings Volatility, LiCycle Holdings History and analyze LiCycle Holdings Performance. Note that the LiCycle Holdings Corp information on this page should be used as a complementary analysis to other LiCycle Holdings' 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for LiCycle Stock analysis
When running LiCycle Holdings' price analysis, check to measure LiCycle Holdings' 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 LiCycle Holdings is operating at the current time. Most of LiCycle Holdings' value examination focuses on studying past and present price action to predict the probability of LiCycle Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LiCycle Holdings' price. Additionally, you may evaluate how the addition of LiCycle Holdings to your portfolios can decrease your overall portfolio volatility.
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LiCycle Holdings 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.