Purecycle Stock Alpha and Beta Analysis

PCT
 Stock
  

USD 6.64  0.44  7.10%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Purecycle Technologies Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Purecycle Technologies over a specified time horizon. Remember, high Purecycle Technologies' 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.
Please check Purecycle Technologies Backtesting, Purecycle Technologies Valuation, Purecycle Technologies Correlation, Purecycle Technologies Hype Analysis, Purecycle Technologies Volatility, Purecycle Technologies History and analyze Purecycle Technologies Performance.
  
Please note that although Purecycle Technologies 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, Purecycle Technologies 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 Purecycle Technologies Holdings stock's relative risk over its benchmark. Purecycle Technologies has a beta of 1.55  . Let's try to break down what Purecycle'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, Purecycle Technologies 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.

Purecycle Technologies Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Purecycle Technologies market risk premium is the additional return an investor will receive from holding Purecycle Technologies 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 Purecycle Technologies. 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 Purecycle Technologies' performance over market.
α-0.68   β1.55
90 days against NYA

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

Purecycle Technologies Market Price Analysis

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

Purecycle Technologies Return and Market Media

The median price of Purecycle Technologies for the period between Fri, Sep 9, 2022 and Thu, Dec 8, 2022 is 8.07 with a coefficient of variation of 14.87. The daily time series for the period is distributed with a sample standard deviation of 1.19, arithmetic mean of 7.99, and mean deviation of 0.95. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Where Does Purecycle Technologies Inc Stock Fall in the Poll...09/16/2022
2
Payment of 1174 shares by Olson Dustin of Purecycle Technolo...10/06/2022
3
PCT Makes Bullish Cross Above Critical Moving Average - Nasd...10/20/2022
4
Payment of 1174 shares by Olson Dustin of Purecycle Technolo...11/08/2022
5
Sale by Dustin Olson of 1174 shares of Purecycle Technologie...12/05/2022

About Purecycle Technologies 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 Purecycle or other stocks. Alpha measures the amount that position in Purecycle Technologies 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 Purecycle Technologies 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, Purecycle Technologies' short interest history, or implied volatility extrapolated from Purecycle Technologies options trading.

Build Portfolio with Purecycle Technologies

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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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
Please check Purecycle Technologies Backtesting, Purecycle Technologies Valuation, Purecycle Technologies Correlation, Purecycle Technologies Hype Analysis, Purecycle Technologies Volatility, Purecycle Technologies History and analyze Purecycle Technologies Performance. Note that the Purecycle Technologies information on this page should be used as a complementary analysis to other Purecycle Technologies' 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Purecycle Stock analysis

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