Perrigo Company Plc Stock Alpha and Beta Analysis
| PRGO Stock | USD 28.54 0.02 0.07% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Perrigo Company PLC. It also helps investors analyze the systematic and unsystematic risks associated with investing in Perrigo Company over a specified time horizon. Remember, high Perrigo Company'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 Perrigo Company's market risk premium analysis include:
Beta 1.17 | Alpha (0.15) | Risk 1.92 | Sharpe Ratio 0.0162 | Expected Return 0.0311 |
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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.
Perrigo |
Perrigo Company Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Perrigo Company market risk premium is the additional return an investor will receive from holding Perrigo Company 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 Perrigo Company. 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 Perrigo Company's performance over market.| α | -0.15 | β | 1.17 |
Perrigo Company 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 Perrigo Company's Buy-and-hold return. Our buy-and-hold chart shows how Perrigo Company performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Perrigo Company Market Price Analysis
Market price analysis indicators help investors to evaluate how Perrigo Company stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Perrigo Company shares will generate the highest return on investment. By understating and applying Perrigo Company stock market price indicators, traders can identify Perrigo Company position entry and exit signals to maximize returns.
Perrigo Company Return and Market Media
The median price of Perrigo Company for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 26.37 with a coefficient of variation of 5.33. The daily time series for the period is distributed with a sample standard deviation of 1.4, arithmetic mean of 26.24, and mean deviation of 1.19. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Ball David of 15402 shares of Perrigo Company subject to Rule 16b-3 | 09/09/2024 |
2 | PERRIGO ANNOUNCES THE PRICING OF A SENIOR NOTES OFFERING BY ITS FINANCE SUBSIDIARY, PERRIGO FINANCE UNLIMITED COMPANY | 09/12/2024 |
| Perrigo Company dividend paid on 17th of September 2024 | 09/17/2024 |
3 | Insider Trading | 10/01/2024 |
4 | Is Alibaba Group Holding Limited the Best Cheap Rising Stock to Invest In | 10/03/2024 |
5 | Disposition of 1641 shares by Schmelter Triona of Perrigo Company subject to Rule 16b-3 | 10/04/2024 |
6 | Perrigo Company plc Leading OTC Health Products with Strong Growth in Infant Formula | 10/23/2024 |
7 | Acquisition by Erica Mann of 8764 shares of Perrigo Company at 30.22 subject to Rule 16b-3 | 10/25/2024 |
8 | Perrigo Reports Third Quarter 2024 Financial Results From Continuing Operations | 11/06/2024 |
9 | Q3 2024 Perrigo Company PLC Earnings Call Transcript | 11/07/2024 |
10 | Perrigo International Revenue Performance Explored | 11/11/2024 |
11 | Acquisition by Robert Willis of 1759 shares of Perrigo Company at 28.09 subject to Rule 16b-3 | 11/15/2024 |
12 | Sasco Capital Inc. CT Trims Stake in Perrigo Company plc - MarketBeat | 11/19/2024 |
13 | Acquisition by Adriana Karaboutis of 8764 shares of Perrigo Company at 30.22 subject to Rule 16b-3 | 11/22/2024 |
About Perrigo Company 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 Perrigo or other stocks. Alpha measures the amount that position in Perrigo Company 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) | Dividend Yield | 0.0249 | 0.0311 | 0.0344 | 0.0361 | Price To Sales Ratio | 1.26 | 1.03 | 0.94 | 0.89 |
Perrigo Company Upcoming Company Events
As portrayed in its financial statements, the presentation of Perrigo Company's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Perrigo Company's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Perrigo Company's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Perrigo Company. Please utilize our Beneish M Score to check the likelihood of Perrigo Company's management manipulating its earnings.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th 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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Check out Perrigo Company Backtesting, Perrigo Company Valuation, Perrigo Company Correlation, Perrigo Company Hype Analysis, Perrigo Company Volatility, Perrigo Company History and analyze Perrigo Company Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Perrigo Company 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.