Recon Technology Stock Alpha and Beta Analysis
RCON Stock | USD 0.09 0.01 10.98% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Recon Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in Recon Technology over a specified time horizon. Remember, high Recon Technology'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 Recon Technology's market risk premium analysis include:
Beta 1.43 | Alpha (1.14) | Risk 7.02 | Sharpe Ratio (0.13) | Expected Return (0.92) |
Enterprise Value |
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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.
Recon |
Recon Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Recon Technology market risk premium is the additional return an investor will receive from holding Recon Technology 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 Recon Technology. 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 Recon Technology's performance over market.α | -1.14 | β | 1.43 |
Recon Technology 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 Recon Technology's Buy-and-hold return. Our buy-and-hold chart shows how Recon Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Recon Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Recon Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Recon Technology shares will generate the highest return on investment. By understating and applying Recon Technology stock market price indicators, traders can identify Recon Technology position entry and exit signals to maximize returns.
Recon Technology Return and Market Media
The median price of Recon Technology for the period between Tue, Jan 30, 2024 and Mon, Apr 29, 2024 is 0.15 with a coefficient of variation of 18.78. The daily time series for the period is distributed with a sample standard deviation of 0.03, arithmetic mean of 0.15, and mean deviation of 0.02. The Stock received substential amount of media coverage during this period. Price Growth (%) |
Timeline |
1 | Why Container Store Group Shares Are Trading Lower By Around 23 Here Are Other Stocks Moving In Wednesd - Benzinga | 02/07/2024 |
2 | Recon Technology, Ltd. Sees Large Decrease in Short Interest - AmericanBankingNEWS | 02/15/2024 |
3 | Recon Technology secures 3 million in new contracts | 03/11/2024 |
4 | Recon Technology Now Covered by StockNews.com - Defense World | 04/02/2024 |
5 | Recon Technology Coverage Initiated by Analysts at StockNews.com - Defense World | 04/10/2024 |
6 | Recon Technology announces 1-for-18 reverse stock split | 04/25/2024 |
About Recon Technology 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 Recon or other stocks. Alpha measures the amount that position in Recon Technology 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) | Dividend Yield | 0.002849 | 0.002533 | Price To Sales Ratio | 1.12 | 0.63 |
Recon Technology Upcoming Company Events
As portrayed in its financial statements, the presentation of Recon Technology's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Recon Technology's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Recon Technology's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Recon Technology. Please utilize our Beneish M Score to check the likelihood of Recon Technology's management manipulating its earnings.
26th of January 2024 Upcoming Quarterly Report | View | |
30th of September 2023 Next Fiscal Quarter End | View |
Build Portfolio with Recon Technology
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.Build Diversified Portfolios
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Check out Recon Technology Backtesting, Recon Technology Valuation, Recon Technology Correlation, Recon Technology Hype Analysis, Recon Technology Volatility, Recon Technology History and analyze Recon Technology Performance. To learn how to invest in Recon Stock, please use our How to Invest in Recon Technology guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Recon Stock analysis
When running Recon Technology's price analysis, check to measure Recon Technology'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 Recon Technology is operating at the current time. Most of Recon Technology's value examination focuses on studying past and present price action to predict the probability of Recon Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Recon Technology's price. Additionally, you may evaluate how the addition of Recon Technology to your portfolios can decrease your overall portfolio volatility.
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Recon Technology 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.