American Axle Manufacturing Stock Alpha and Beta Analysis
| AXL Stock | USD 6.70 0.07 1.06% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as American Axle Manufacturing. It also helps investors analyze the systematic and unsystematic risks associated with investing in American Axle over a specified time horizon. Remember, high American Axle'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 American Axle's market risk premium analysis include:
Beta 2.07 | Alpha (0.17) | Risk 2.61 | Sharpe Ratio 0.0579 | Expected Return 0.15 |
American Axle Quarterly Cash And Equivalents |
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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.
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American Axle Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. American Axle market risk premium is the additional return an investor will receive from holding American Axle 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 American Axle. 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 American Axle's performance over market.| α | -0.17 | β | 2.07 |
American Axle 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 American Axle's Buy-and-hold return. Our buy-and-hold chart shows how American Axle performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.American Axle Market Price Analysis
Market price analysis indicators help investors to evaluate how American Axle stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading American Axle shares will generate the highest return on investment. By understating and applying American Axle stock market price indicators, traders can identify American Axle position entry and exit signals to maximize returns.
American Axle Return and Market Media
The median price of American Axle for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 6.15 with a coefficient of variation of 4.39. The daily time series for the period is distributed with a sample standard deviation of 0.27, arithmetic mean of 6.17, and mean deviation of 0.2. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Reviewing American Axle Manufacturing and PHINIA | 10/03/2024 |
2 | Acquisition by James McCaslin of 19095 shares of American Axle subject to Rule 16b-3 | 10/16/2024 |
3 | Automotive Axles Ltd Q2 2025 Earnings Call Highlights Navigating Market ... | 11/05/2024 |
4 | Should Value Investors Buy American Axle Manufacturing Holdings Stock | 11/07/2024 |
5 | American Axle Mfg Holdings Inc Reports Q3 2024 Earnings EPS of 0. ... | 11/08/2024 |
6 | American Axle Mfg Holdings Inc Q3 2024 Earnings Call Highlights Strategic Wins ... | 11/11/2024 |
7 | American Axle Manufacturings SWOT analysis navigating auto industry shifts | 11/12/2024 |
8 | Acquisition by Elizabeth Chappell of 20030 shares of American Axle subject to Rule 16b-3 | 11/19/2024 |
9 | AAM to Present at Bank of Americas Leveraged Finance Conference | 11/26/2024 |
10 | AAM to Present at the UBS Global Industrials and Transportation Conference | 11/27/2024 |
About American Axle 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 American or other stocks. Alpha measures the amount that position in American Axle Manufa 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) | Inventory Turnover | 10.8 | 10.99 | 11.3 | 16.15 | ROIC | 0.33 | 0.0667 | 0.0595 | 0.0699 |
American Axle Upcoming Company Events
As portrayed in its financial statements, the presentation of American Axle's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, American Axle's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of American Axle's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of American Axle. Please utilize our Beneish M Score to check the likelihood of American Axle's management manipulating its earnings.
| 16th of February 2024 Upcoming Quarterly Report | View | |
| 3rd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 16th 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 American Axle Backtesting, American Axle Valuation, American Axle Correlation, American Axle Hype Analysis, American Axle Volatility, American Axle History and analyze American Axle Performance. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
American Axle 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.