Shineco Stock Alpha and Beta Analysis
| SISI Stock | USD 3.39 0.22 6.94% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Shineco. It also helps investors analyze the systematic and unsystematic risks associated with investing in Shineco over a specified time horizon. Remember, high Shineco'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 Shineco's market risk premium analysis include:
Beta (0.44) | Alpha 2.15 | Risk 7.57 | Sharpe Ratio 0.35 | Expected Return 2.66 |
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.
Shineco |
Shineco Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Shineco market risk premium is the additional return an investor will receive from holding Shineco 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 Shineco. 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 Shineco's performance over market.| α | 2.15 | β | -0.44 |
Shineco 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 Shineco's Buy-and-hold return. Our buy-and-hold chart shows how Shineco performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Shineco Market Price Analysis
Market price analysis indicators help investors to evaluate how Shineco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shineco shares will generate the highest return on investment. By understating and applying Shineco stock market price indicators, traders can identify Shineco position entry and exit signals to maximize returns.
Shineco Return and Market Media
The median price of Shineco for the period between Fri, Mar 22, 2024 and Thu, Jun 20, 2024 is 0.8 with a coefficient of variation of 74.53. The daily time series for the period is distributed with a sample standard deviation of 0.94, arithmetic mean of 1.27, and mean deviation of 0.72. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Shineco versus Grown Rogue International Head to Head Review - Defense World | 04/02/2024 |
2 | Shineco Trading Up 16.2 percent - Defense World | 05/21/2024 |
3 | Shineco Enters into an Agreement with Turing Video to Jointly Develop Intelligent Health Care Products | 06/17/2024 |
About Shineco 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 Shineco or other stocks. Alpha measures the amount that position in Shineco 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 | 4.3K | 568.66 | 277.89 | 407.67 | PTB Ratio | 3.65 | 1.95 | 2.24 | 2.13 |
Shineco Upcoming Company Events
As portrayed in its financial statements, the presentation of Shineco's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Shineco's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Shineco's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Shineco. Please utilize our Beneish M Score to check the likelihood of Shineco's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Additional Information and Resources on Investing in Shineco Stock
When determining whether Shineco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shineco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Shineco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shineco Stock:Check out Shineco Backtesting, Shineco Valuation, Shineco Correlation, Shineco Hype Analysis, Shineco Volatility, Shineco History and analyze Shineco Performance. For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Shineco 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.