Coinbase Global Stock Alpha and Beta Analysis
| COIN Stock | USD 274.41 5.21 1.86% |
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. Key technical indicators related to Coinbase Global's market risk premium analysis include:
Beta (0.69) | Alpha 0.95 | Risk 6.92 | Sharpe Ratio 0.13 | Expected Return 0.92 |
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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 |
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 | 0.95 | β | -0.69 |
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 28, 2024 and Fri, Dec 27, 2024 is 268.15 with a coefficient of variation of 24.14. The daily time series for the period is distributed with a sample standard deviation of 59.85, arithmetic mean of 247.96, and mean deviation of 55.64. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Is Coinbase Stock Worth Investing for Next 3 Years | 12/11/2024 |
2 | BiT Global Sues Coinbase Over Delisting of Wrapped Bitcoin | 12/13/2024 |
3 | Donald Trump Reportedly Discussed Bitcoin Reserve In Meeting With Cryptocom CEO Kris Marszalek | 12/18/2024 |
4 | Trump-Backed World Liberty Financial Swaps Its cbBTC for WBTC After Sun Joins as Adviser | 12/19/2024 |
5 | ARK Invest Sells 3.9M in Coinbase Shares Following Bitcoin Price Drop | 12/20/2024 |
6 | COIN Stock Declines as Crypto Market Momentum Weakens | 12/23/2024 |
7 | Disposition of 3807 shares by Ehrsam Frederick Ernest Iii of Coinbase Global at 280.2049 subject to Rule 16b-3 | 12/24/2024 |
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.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 0.0485 | 53.11 | 49.96 | 48.39 | PTB Ratio | 8.59 | 1.44 | 6.53 | 6.2 |
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.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Align your risk with return expectations
Check out Coinbase Global Backtesting, Coinbase Global Valuation, Coinbase Global Correlation, Coinbase Global Hype Analysis, Coinbase Global Volatility, Coinbase Global History and analyze Coinbase Global Performance. To learn how to invest in Coinbase Stock, please use our How to Invest in Coinbase Global guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.