Vivani Medical Stock Alpha and Beta Analysis

VANI Stock  USD 1.67  0.04  2.45%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Vivani Medical. It also helps investors analyze the systematic and unsystematic risks associated with investing in Vivani Medical over a specified time horizon. Remember, high Vivani Medical'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 Vivani Medical's market risk premium analysis include:
Beta
(1.05)
Alpha
2.99
Risk
34.45
Sharpe Ratio
0.0919
Expected Return
3.17
Please note that although Vivani Medical 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, Vivani Medical did 2.99  better 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 Vivani Medical stock's relative risk over its benchmark. Vivani Medical has a beta of 1.05  . As the market becomes more bullish, returns on owning Vivani Medical are expected to decrease slowly. On the other hand, during market turmoil, Vivani Medical is expected to outperform it slightly. As of now, Vivani Medical's Price Book Value Ratio is increasing as compared to previous years. The Vivani Medical's current Price Fair Value is estimated to increase to 2.62, while Book Value Per Share is projected to decrease to 0.39.

Enterprise Value

(12.7 Million)

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 Vivani Medical Backtesting, Vivani Medical Valuation, Vivani Medical Correlation, Vivani Medical Hype Analysis, Vivani Medical Volatility, Vivani Medical History and analyze Vivani Medical Performance.
For more detail on how to invest in Vivani Stock please use our How to Invest in Vivani Medical guide.

Vivani Medical Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Vivani Medical market risk premium is the additional return an investor will receive from holding Vivani Medical 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 Vivani Medical. 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 Vivani Medical's performance over market.
α2.99   β-1.05

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

Vivani Medical Market Price Analysis

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

Vivani Medical Return and Market Media

The median price of Vivani Medical for the period between Tue, Feb 27, 2024 and Mon, May 27, 2024 is 1.88 with a coefficient of variation of 24.76. The daily time series for the period is distributed with a sample standard deviation of 0.48, arithmetic mean of 1.92, and mean deviation of 0.26. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
Vivani Medical announces pricing of 15M registered direct offering
03/01/2024
2
Disposition of tradable shares by Bradbury Daniel of Vivani Medical subject to Rule 16b-3
03/04/2024
3
NASAs Picture of the Day Sees The Eyes in Markarians Galaxy Chain
03/20/2024
4
Acquisition by Bradbury Daniel of 22869 shares of Vivani Medical at 1.92 subject to Rule 16b-3
03/25/2024
5
Vivani Medical Q4 Earnings Snapshot
03/26/2024
6
Vivani Medical Inc Reports Fourth Quarter and Full Year 2023 Financial Results
03/27/2024
7
These solar eclipse glasses have been recalled for potentially failing to meet safety standards
04/08/2024
8
Scientists find tiny marine worm with enormous eyes that see as well as mammals
04/09/2024
9
Short Interest in Vivani Medical, Inc. Declines By 32.4 percent - Defense World
04/29/2024
10
Acquisition by Brigid Makes of 37500 shares of Vivani Medical subject to Rule 16b-3
05/10/2024
11
VANI Stock Earnings Vivani Medical Meets EPS for Q1 2024
05/14/2024
12
Acquisition by Porter Lisa Ellen of 80000 shares of Vivani Medical at 1.81 subject to Rule 16b-3
05/17/2024
13
How to know if your sunglasses are actually protecting your eyes
05/24/2024

About Vivani Medical 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 Vivani or other stocks. Alpha measures the amount that position in Vivani Medical 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.
 2023 2024 (projected)
Payables Turnover0.660.63
Days Of Inventory On Hand200.71300.73

Vivani Medical Upcoming Company Events

As portrayed in its financial statements, the presentation of Vivani Medical's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Vivani Medical's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Vivani Medical's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Vivani Medical. Please utilize our Beneish M Score to check the likelihood of Vivani Medical's management manipulating its earnings.
29th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Build Portfolio with Vivani Medical

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 Vivani Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vivani Medical'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 Vivani Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vivani Medical Stock:
Check out Vivani Medical Backtesting, Vivani Medical Valuation, Vivani Medical Correlation, Vivani Medical Hype Analysis, Vivani Medical Volatility, Vivani Medical History and analyze Vivani Medical Performance.
For more detail on how to invest in Vivani Stock please use our How to Invest in Vivani Medical guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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