Coinbase Stock Alpha and Beta Analysis

COIN
 Stock
  

USD 40.24  2.57  6.00%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Coinbase Global. It also helps investors analyze the systematic and unsystematic risks associated with investing in Coinbase Global over a specified time horizon. Remember, high Coinbase Global'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 Coinbase Global Backtesting, Coinbase Global Valuation, Coinbase Global Correlation, Coinbase Global Hype Analysis, Coinbase Global Volatility, Coinbase Global History and analyze Coinbase Global Performance.
  
Please note that although Coinbase Global 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, Coinbase Global did 0.68  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 Coinbase Global stock's relative risk over its benchmark. Coinbase Global has a beta of 2.60  . Let's try to break down what Coinbase's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Coinbase Global will likely underperform.
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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.

Coinbase Global Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Coinbase Global market risk premium is the additional return an investor will receive from holding Coinbase Global 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 Coinbase Global. 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 Coinbase Global's performance over market.
α-0.68   β2.60
90 days against NYA

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

Coinbase Global Market Price Analysis

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

Coinbase Global Return and Market Media

The median price of Coinbase Global for the period between Sat, Sep 10, 2022 and Fri, Dec 9, 2022 is 63.59 with a coefficient of variation of 19.09. The daily time series for the period is distributed with a sample standard deviation of 11.66, arithmetic mean of 61.09, and mean deviation of 9.94. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Coinbase Global exotic insider transaction detected09/29/2022
2
EPS Estimate09/30/2022
3
Coinbase Global exotic insider transaction detected10/06/2022
4
Why Coinbase Stock Is Rising Today - Coinbase Global - Benzi...10/11/2022
5
Coinbase Global exotic insider transaction detected10/20/2022
6
ON Semiconductor, Global Payments And Other Big Losers From ...11/01/2022
7
EPS Reported11/03/2022
8
Fidelity Is Launching Crypto Trading. What It Means for Coin...11/04/2022
9
Coinbase Global exotic insider transaction detected11/10/2022
10
Is There Still a Case to Buy Coinbase Stock After the FTX Fi...11/11/2022
11
Coinbase Global exotic insider transaction detected11/17/2022
12
Coinbase Global exotic insider transaction detected11/23/2022
13
Can a Crypto Stock Be a Value Stock This Billionaire Investo...12/06/2022

About Coinbase Global 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 Coinbase or other stocks. Alpha measures the amount that position in Coinbase Global 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.

Coinbase Global Upcoming Company Events

As portrayed in its financial statements, the presentation of Coinbase Global's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Coinbase Global's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Coinbase Global's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Coinbase Global. Please utilize our Beneish M Score to check the likelihood of Coinbase Global's management manipulating its earnings.
Upcoming Quarterly Report8th of February 2022
Next Financial Report12th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End8th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Continue to Coinbase Global Backtesting, Coinbase Global Valuation, Coinbase Global Correlation, Coinbase Global Hype Analysis, Coinbase Global Volatility, Coinbase Global History and analyze Coinbase Global Performance. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for analysis

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