Aerojet Rocketdyne Holdings Alpha and Beta Analysis
| AJRDDelisted Stock | USD 56.22 0.02 0.04% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Aerojet Rocketdyne Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Aerojet Rocketdyne over a specified time horizon. Remember, high Aerojet Rocketdyne'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 Aerojet Rocketdyne's market risk premium analysis include:
Beta (0.01) | Alpha (0.02) | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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.
Aerojet |
Aerojet Rocketdyne Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Aerojet Rocketdyne market risk premium is the additional return an investor will receive from holding Aerojet Rocketdyne 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 Aerojet Rocketdyne. 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 Aerojet Rocketdyne's performance over market.| α | -0.02 | β | -0.0069 |
Aerojet Rocketdyne Fundamentals Vs Peers
Comparing Aerojet Rocketdyne's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Aerojet Rocketdyne's direct or indirect competition across all of the common fundamentals between Aerojet Rocketdyne and the related equities. This way, we can detect undervalued stocks with similar characteristics as Aerojet Rocketdyne or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Aerojet Rocketdyne's fundamental indicators could also be used in its relative valuation, which is a method of valuing Aerojet Rocketdyne by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Aerojet Rocketdyne to competition |
| Fundamentals | Aerojet Rocketdyne | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.0544 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Current Valuation | 4.62 B | 16.62 B |
| Shares Outstanding | 80.76 M | 571.82 M |
| Shares Owned By Insiders | 2.04 % | 10.09 % |
Aerojet Rocketdyne Opportunities
Aerojet Rocketdyne Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Global Space Industry Consolidates Insights 2023 Space Sustainability and Satellite Constellations Present Opportunities | 05/24/2023 |
2 | Aerojet to develop propulsion solution for Lockheeds long-range missile | 06/21/2023 |
3 | Initial RS-25 Certification Campaign of 12 Hot-Fire Tests Complete | 06/23/2023 |
4 | Optas LLC Acquires 3215 Shares of Aerojet Rocketdyne Holdings ... - MarketBeat | 06/27/2023 |
5 | Aerojet Rocketdyne Develops and Successfully Tests New Solid Rocket Motor for Kratos Zeus Program | 07/10/2023 |
6 | Electric Propulsion Satellite Market size is to grow by USD 15.71 billion from 2021 to 2026Accion Systems Inc., Ad Astra Rocket Co., Aerojet Rocketdyne Holdings... | 07/20/2023 |
About Aerojet Rocketdyne 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 Aerojet or other delisted stocks. Alpha measures the amount that position in Aerojet Rocketdyne 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.
Aerojet Rocketdyne Upcoming Company Events
As portrayed in its financial statements, the presentation of Aerojet Rocketdyne's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Aerojet Rocketdyne's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Aerojet Rocketdyne's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Aerojet Rocketdyne. Please utilize our Beneish M Score to check the likelihood of Aerojet Rocketdyne's management manipulating its earnings.
| 7th of August 2023 Upcoming Quarterly Report | View | |
| 7th of November 2023 Next Financial Report | View | |
| 30th of June 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 31st of March 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Aerojet Rocketdyne
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
Align your risk with return expectations
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in Aerojet Stock
If you are still planning to invest in Aerojet Rocketdyne check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Aerojet Rocketdyne's history and understand the potential risks before investing.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |