Better Stock Alpha and Beta Analysis

BTTR -  USA Stock  

USD 2.37  0.26  12.32%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Better Choice. It also helps investors analyze the systematic and unsystematic risks associated with investing in Better Choice over a specified time horizon. Remember, high Better Choice'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 Better Choice Backtesting, Better Choice Valuation, Better Choice Correlation, Better Choice Hype Analysis, Better Choice Volatility, Better Choice History and analyze Better Choice Performance.
Please note that although Better Choice 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., DOW index.) So in this particular case, Better Choice did 0.29  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 Better Choice stock's relative risk over its benchmark. Better Choice has a beta of 0.52  . Let's try to break down what Better's beta means in this case. As returns on the market increase, Better Choice returns are expected to increase less than the market. However, during the bear market, the loss on holding Better Choice will be expected to be smaller as well.
As of 05/20/2022, Book Value per Share is likely to grow to 3.13. Also, Enterprise Value over EBIT is likely to grow to 11.87.
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.

Better Choice Quarterly Book Value per Share



Better Choice Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Better Choice market risk premium is the additional return an investor will receive from holding Better Choice 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 Better Choice. 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 Better Choice's performance over market.
α-0.29   β0.52
90 days against DJI

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

Better Choice Market Price Analysis

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

Better Choice Return and Market Media

The median price of Better Choice for the period between Sat, Feb 19, 2022 and Fri, May 20, 2022 is 2.53 with a coefficient of variation of 17.51. The daily time series for the period is distributed with a sample standard deviation of 0.45, arithmetic mean of 2.54, and mean deviation of 0.31. The Stock received a lot of media exposure during the period.
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About Better Choice 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 equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Better Choice 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.

Better Choice Upcoming Company Events

As portrayed in its financial statements, the presentation of Better Choice's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Better Choice's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Better Choice's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Better Choice. Please utilize our Beneish M Score to check the likelihood of Better Choice's management manipulating its earnings.
Upcoming Quarterly Report30th of March 2022
Next Financial Report12th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End30th of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Continue to Better Choice Backtesting, Better Choice Valuation, Better Choice Correlation, Better Choice Hype Analysis, Better Choice Volatility, Better Choice History and analyze Better Choice Performance. Note that the Better Choice information on this page should be used as a complementary analysis to other Better Choice's 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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