Purecycle Technologies Stock Alpha and Beta Analysis
| PCTTW Stock | USD 4.99 0.01 0.20% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PureCycle Technologies. 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. Key technical indicators related to PureCycle Technologies' market risk premium analysis include:
Beta 0.17 | Alpha 2.01 | Risk 131.29 | Sharpe Ratio 0.13 | Expected Return 17.58 |
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 |
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 | 2.01 | β | 0.17 |
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, Aug 2, 2024 and Thu, Oct 31, 2024 is 2.25 with a coefficient of variation of 46.24. The daily time series for the period is distributed with a sample standard deviation of 1.1, arithmetic mean of 2.37, and mean deviation of 0.87. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | PureCycle Provides Second Quarter 2024 Update - StockTitan | 08/08/2024 |
2 | Acquisition by Scott John Stewart of 1000000 shares of PureCycle Technologies subject to Rule 16b-3 | 09/03/2024 |
3 | Sylebra Capital makes 20 million purchase of PureCycle Technologies stock - Investing.com | 09/16/2024 |
4 | PureCycle Technologies, Inc. Shares Bought by Long Focus Capital Management LLC - MarketBeat | 09/27/2024 |
5 | Acquisition by Kalter Brad of 52200 shares of PureCycle Technologies at 5.72 subject to Rule 16b-3 | 10/17/2024 |
6 | PureCycle Technologies, Inc. Sees Significant Decrease in Short Interest | 10/29/2024 |
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.
| 2021 | 2022 | 2023 | 2024 (projected) | PB Ratio | 2.58 | 2.06 | 1.55 | 1.47 | Capex To Depreciation | 60.23 | 55.13 | 8.16 | 7.75 |
PureCycle Technologies Investors Sentiment
The influence of PureCycle Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in PureCycle. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to PureCycle Technologies' public news can be used to forecast risks associated with an investment in PureCycle. The trend in average sentiment can be used to explain how an investor holding PureCycle can time the market purely based on public headlines and social activities around PureCycle Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
PureCycle Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for PureCycle Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average PureCycle Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on PureCycle Technologies.
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.
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Additional 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 the 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.