Synalloy Stock Alpha and Beta Analysis
| ACNT Stock | USD 12.13 0.65 5.66% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Synalloy. It also helps investors analyze the systematic and unsystematic risks associated with investing in Synalloy over a specified time horizon. Remember, high Synalloy'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 Synalloy's market risk premium analysis include:
Beta (0.45) | Alpha 0.33 | Risk 3.11 | Sharpe Ratio 0.11 | Expected Return 0.33 |
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.
Synalloy |
Synalloy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Synalloy market risk premium is the additional return an investor will receive from holding Synalloy 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 Synalloy. 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 Synalloy's performance over market.| α | 0.33 | β | -0.45 |
Synalloy 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 Synalloy's Buy-and-hold return. Our buy-and-hold chart shows how Synalloy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Synalloy Market Price Analysis
Market price analysis indicators help investors to evaluate how Synalloy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Synalloy shares will generate the highest return on investment. By understating and applying Synalloy stock market price indicators, traders can identify Synalloy position entry and exit signals to maximize returns.
Synalloy Return and Market Media
The median price of Synalloy for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 is 9.57 with a coefficient of variation of 6.17. The daily time series for the period is distributed with a sample standard deviation of 0.6, arithmetic mean of 9.72, and mean deviation of 0.43. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 1665000 shares by Privet Fund Management Llc of Synalloy at 8.2189 subject to Rule 16b-3 | 09/19/2024 |
2 | Ascent Industries VP buys 18,840 in company stock | 09/24/2024 |
3 | Acquisition by Christopher Hutter of 1999 shares of Synalloy subject to Rule 16b-3 | 09/27/2024 |
4 | Acquisition by Anthony Pan of 1300 shares of Synalloy at 10.5 subject to Rule 16b-3 | 10/21/2024 |
5 | Ascent Industries Sets Third Quarter 2024 Earnings Conference Call for November 12, 2024, at 500 p.m. ET | 10/29/2024 |
6 | Ascent Industries Co Reports Q3 2024 Results Revenue Misses Estimates at 42. ... | 11/12/2024 |
7 | Ascent Industries Co Trading 5.05 percent Higher on Dec 3 | 12/03/2024 |
About Synalloy 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 Synalloy or other stocks. Alpha measures the amount that position in Synalloy 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 | 0.0174 | 0.029 | Price To Sales Ratio | 0.5 | 0.59 |
Synalloy Upcoming Company Events
As portrayed in its financial statements, the presentation of Synalloy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Synalloy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Synalloy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Synalloy. Please utilize our Beneish M Score to check the likelihood of Synalloy's management manipulating its earnings.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of March 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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Additional Tools for Synalloy Stock Analysis
When running Synalloy's price analysis, check to measure Synalloy'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 Synalloy is operating at the current time. Most of Synalloy's value examination focuses on studying past and present price action to predict the probability of Synalloy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synalloy's price. Additionally, you may evaluate how the addition of Synalloy to your portfolios can decrease your overall portfolio volatility.