Churchill Downs Incorporated Stock Alpha and Beta Analysis
| CHDN Stock | USD 111.23 1.17 1.04% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Churchill Downs Incorporated. It also helps investors analyze the systematic and unsystematic risks associated with investing in Churchill Downs over a specified time horizon. Remember, high Churchill Downs' 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 Churchill Downs' market risk premium analysis include:
Beta 0.74 | Alpha (0.22) | Risk 1.29 | Sharpe Ratio (0.23) | Expected Return (0.30) |
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.
Churchill |
Churchill Downs Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Churchill Downs market risk premium is the additional return an investor will receive from holding Churchill Downs 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 Churchill Downs. 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 Churchill Downs' performance over market.| α | -0.22 | β | 0.74 |
Churchill Downs 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 Churchill Downs' Buy-and-hold return. Our buy-and-hold chart shows how Churchill Downs performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Churchill Downs Market Price Analysis
Market price analysis indicators help investors to evaluate how Churchill Downs stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Churchill Downs shares will generate the highest return on investment. By understating and applying Churchill Downs stock market price indicators, traders can identify Churchill Downs position entry and exit signals to maximize returns.
Churchill Downs Return and Market Media
The median price of Churchill Downs for the period between Sun, Dec 29, 2024 and Sat, Mar 29, 2025 is 122.11 with a coefficient of variation of 6.43. The daily time series for the period is distributed with a sample standard deviation of 7.78, arithmetic mean of 121.03, and mean deviation of 6.69. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
| Churchill Downs dividend paid on 3rd of January 2025 | 01/03/2025 |
1 | Acquisition by Bridgeman Ulysses L Jr of 100 shares of Churchill Downs subject to Rule 16b-3 | 01/23/2025 |
2 | Business Firsts Power 50 2025 Part 2 | 02/18/2025 |
3 | Churchill Downs Inc Announces Major Expansion Projects for Kentucky Derby | 02/21/2025 |
4 | Acquisition by William Mudd of 13192 shares of Churchill Downs subject to Rule 16b-3 | 02/28/2025 |
5 | A Taste of Tradition Churchill Downs Racetrack Announces the Official Menu for the 151st Kentucky Derby | 03/05/2025 |
6 | Churchill Downs Incorporated Announces New 500 Million Share Repurchase Program | 03/12/2025 |
7 | Sean McVay dug deep in his bag of tricks to persuade Davante Adams to sign with Rams | 03/13/2025 |
8 | Heres how much Churchill Downs top execs made last year | 03/14/2025 |
9 | With 78 percent institutional ownership, Churchill Downs Incorporated is a favorite amongst the big guns | 03/17/2025 |
10 | Ford Renews Exclusive Partnership with Kentucky Derby, Expands Brand Presence Through 2029 | 03/19/2025 |
11 | How Does Churchill Downs Approach Market Growth | 03/20/2025 |
12 | Semanteon Capital Management LP Has 1.09 Million Stock Position in Churchill Downs Incorporated | 03/21/2025 |
13 | Florida, Arkansas derbies could be ripe for upsets | 03/28/2025 |
About Churchill Downs 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 Churchill or other stocks. Alpha measures the amount that position in Churchill Downs 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.
| 2022 | 2023 | 2024 | 2025 (projected) | |
| Dividend Yield | 0.003244 | 0.002671 | 0.002955 | 0.002807 |
| Price To Sales Ratio | 4.43 | 4.12 | 3.61 | 1.85 |
Churchill Downs Upcoming Company Events
As portrayed in its financial statements, the presentation of Churchill Downs' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Churchill Downs' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Churchill Downs' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Churchill Downs. Please utilize our Beneish M Score to check the likelihood of Churchill Downs' management manipulating its earnings.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st 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 Churchill Downs
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Check out Churchill Downs Backtesting, Churchill Downs Valuation, Churchill Downs Correlation, Churchill Downs Hype Analysis, Churchill Downs Volatility, Churchill Downs History and analyze Churchill Downs Performance. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Churchill Downs 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.