Playtika Holding Corp Stock Alpha and Beta Analysis
| PLTK Stock | USD 8.87 0.13 1.49% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Playtika Holding Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Playtika Holding over a specified time horizon. Remember, high Playtika Holding'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 Playtika Holding's market risk premium analysis include:
Beta 1.68 | Alpha 0.22 | Risk 3.2 | Sharpe Ratio 0.0894 | Expected Return 0.29 |
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.
Playtika |
Playtika Holding Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Playtika Holding market risk premium is the additional return an investor will receive from holding Playtika Holding 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 Playtika Holding. 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 Playtika Holding's performance over market.| α | 0.22 | β | 1.68 |
Playtika Holding 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 Playtika Holding's Buy-and-hold return. Our buy-and-hold chart shows how Playtika Holding performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Playtika Holding Market Price Analysis
Market price analysis indicators help investors to evaluate how Playtika Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Playtika Holding shares will generate the highest return on investment. By understating and applying Playtika Holding stock market price indicators, traders can identify Playtika Holding position entry and exit signals to maximize returns.
Playtika Holding Return and Market Media
The median price of Playtika Holding for the period between Wed, Feb 14, 2024 and Tue, May 14, 2024 is 7.1 with a coefficient of variation of 6.08. The daily time series for the period is distributed with a sample standard deviation of 0.44, arithmetic mean of 7.21, and mean deviation of 0.3. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Compared to Estimates, Playtika Q4 Earnings A Look at Key Metrics | 02/26/2024 |
2 | Playtika Holding exotic insider transaction detected | 03/01/2024 |
3 | Disposition of 16218 shares by Craig Abrahams of Playtika Holding at 7.15 subject to Rule 16b-3 | 03/15/2024 |
| Playtika Holding dividend paid on 5th of April 2024 | 04/05/2024 |
4 | Disposition of 312 shares by Troy Vanke of Playtika Holding at 6.83 subject to Rule 16b-3 | 04/15/2024 |
5 | Playtika Announces Date of First Quarter 2024 Results Conference Call | 04/18/2024 |
6 | Playtika Holding Corp. Given Average Recommendation of Hold by Analysts - MarketBeat | 04/29/2024 |
7 | The Ultimate Deal Slotomania Joins Forces with Lets Make a Deal, Hosted by Wayne Brady, to Gift Three Lucky Winners with Brand New Cars | 05/01/2024 |
8 | Unveiling Playtika Q1 Outlook Wall Street Estimates for Key Metrics | 05/06/2024 |
9 | Playtika Q1 Earnings Snapshot | 05/09/2024 |
10 | Playtika Holding Corp. Q1 2024 Earnings Call Transcript | 05/10/2024 |
11 | Whats Driving Bilibili Incs Surprising 42 percent Stock Rally | 05/13/2024 |
About Playtika Holding 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 Playtika or other stocks. Alpha measures the amount that position in Playtika Holding Corp 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 | 0.16 | 0.088 | Price To Sales Ratio | 1.24 | 1.18 |
Playtika Holding Upcoming Company Events
As portrayed in its financial statements, the presentation of Playtika Holding's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Playtika Holding's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Playtika Holding's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Playtika Holding. Please utilize our Beneish M Score to check the likelihood of Playtika Holding's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Playtika Holding
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 Playtika Holding Backtesting, Playtika Holding Valuation, Playtika Holding Correlation, Playtika Holding Hype Analysis, Playtika Holding Volatility, Playtika Holding History and analyze Playtika Holding Performance. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Playtika Stock analysis
When running Playtika Holding's price analysis, check to measure Playtika Holding'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 Playtika Holding is operating at the current time. Most of Playtika Holding's value examination focuses on studying past and present price action to predict the probability of Playtika Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Playtika Holding's price. Additionally, you may evaluate how the addition of Playtika Holding to your portfolios can decrease your overall portfolio volatility.
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Playtika Holding 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.