Bristol-Myers OTC Pink Sheet Alpha and Beta Analysis

BMYMP
 Stock
  

USD 1,287  0.00  0.00%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Bristol-Myers Squibb. It also helps investors analyze the systematic and unsystematic risks associated with investing in Bristol-Myers Squibb over a specified time horizon. Remember, high Bristol-Myers Squibb'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.
Continue to Bristol-Myers Squibb Backtesting, Bristol-Myers Squibb Valuation, Bristol-Myers Squibb Correlation, Bristol-Myers Squibb Hype Analysis, Bristol-Myers Squibb Volatility, Bristol-Myers Squibb History and analyze Bristol-Myers Squibb Performance.
  
Please note that although Bristol-Myers Squibb 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, Bristol-Myers Squibb did 0.23  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 Bristol-Myers Squibb stock's relative risk over its benchmark. Bristol-Myers Squibb has a beta of 0.22  . Let's try to break down what Bristol-Myers's beta means in this case. As returns on the market increase, returns on owning Bristol-Myers Squibb are expected to decrease at a much lower rate. During the bear market, Bristol-Myers Squibb is likely to outperform the market.
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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.

Bristol-Myers Squibb Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Bristol-Myers Squibb market risk premium is the additional return an investor will receive from holding Bristol-Myers Squibb 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 Bristol-Myers Squibb. 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 Bristol-Myers Squibb's performance over market.
α0.23   β-0.22
90 days against NYA

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

Bristol-Myers Squibb Market Price Analysis

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

Bristol-Myers Squibb Return and Market Media

The median price of Bristol-Myers Squibb for the period between Sat, Sep 3, 2022 and Fri, Dec 2, 2022 is 1200.0 with a coefficient of variation of 5.08. The daily time series for the period is distributed with a sample standard deviation of 61.82, arithmetic mean of 1216.67, and mean deviation of 46.81. The Stock did not receive any noticable media coverage during the period.
 Price Growth (%)  
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About Bristol-Myers Squibb 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 Bristol-Myers or other otcs. Alpha measures the amount that position in Bristol-Myers Squibb 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 Bristol-Myers Squibb 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, Bristol-Myers Squibb's short interest history, or implied volatility extrapolated from Bristol-Myers Squibb options trading.

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Continue to Bristol-Myers Squibb Backtesting, Bristol-Myers Squibb Valuation, Bristol-Myers Squibb Correlation, Bristol-Myers Squibb Hype Analysis, Bristol-Myers Squibb Volatility, Bristol-Myers Squibb History and analyze Bristol-Myers Squibb Performance. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Bristol-Myers Squibb technical otc pink sheet 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, otc market cycles, or different charting patterns.
A focus of Bristol-Myers Squibb technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bristol-Myers Squibb 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...