Ciena Corp Stock Alpha and Beta Analysis
| CIEN Stock | USD 69.72 0.55 0.80% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Ciena Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Ciena Corp over a specified time horizon. Remember, high Ciena Corp'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 Ciena Corp's market risk premium analysis include:
Beta 1.68 | Alpha 0.11 | Risk 2.24 | Sharpe Ratio 0.17 | Expected Return 0.39 |
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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.
Ciena |
Ciena Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Ciena Corp market risk premium is the additional return an investor will receive from holding Ciena Corp 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 Ciena Corp. 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 Ciena Corp's performance over market.| α | 0.11 | β | 1.68 |
Ciena Corp 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 Ciena Corp's Buy-and-hold return. Our buy-and-hold chart shows how Ciena Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Ciena Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how Ciena Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ciena Corp shares will generate the highest return on investment. By understating and applying Ciena Corp stock market price indicators, traders can identify Ciena Corp position entry and exit signals to maximize returns.
Ciena Corp Return and Market Media
The median price of Ciena Corp for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 65.32 with a coefficient of variation of 8.93. The daily time series for the period is distributed with a sample standard deviation of 5.68, arithmetic mean of 63.54, and mean deviation of 4.7. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 182 shares by Joseph Cumello of Ciena Corp at 58.73 subject to Rule 16b-3 | 09/20/2024 |
2 | Cybersecurity, AI, Network Experts to Present at Nov. 7th Boston Summit | 10/02/2024 |
3 | Ciena Corp Trading 3.3 percent Higher on Oct 9 | 10/09/2024 |
4 | Boldyn Networks Adds Scalable 1.6Tbs Wavelengths to its Fiber Network in New York and New Jersey | 10/21/2024 |
5 | Disposition of 204 shares by Dino DiPerna of Ciena Corp at 58.73 subject to Rule 16b-3 | 11/08/2024 |
6 | euNetworks First to Deploy 1.6 Tbs Coherent Solution in Europe with Cienas WaveLogic 6 Extreme | 11/11/2024 |
7 | Strength In Its Aerospace Business Lifted Parker-Hannifin Corporation in Q3 | 11/13/2024 |
8 | Ciena Corporation Rose on Improved Demand | 11/14/2024 |
9 | Disposition of 3500 shares by David Rothenstein of Ciena Corp at 68.99 subject to Rule 16b-3 | 11/15/2024 |
10 | Harmonic rises as activist investor pushes for sale | 11/18/2024 |
11 | Ciena Corps chief strategy officer sells 241,464 in stock | 11/19/2024 |
12 | The Returns On Capital At Ciena Dont Inspire Confidence | 11/21/2024 |
13 | Should You Think About Buying Ciena Corporation Now | 11/26/2024 |
14 | DELL Beats Q3 Earnings Estimates Can Strong FY25 View Lift Shares | 11/27/2024 |
About Ciena Corp 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 Ciena or other stocks. Alpha measures the amount that position in Ciena Corp 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.
| 2010 | 2023 | 2024 (projected) | Dividend Yield | 0.0704 | 0.0634 | 0.0563 | Price To Sales Ratio | 0.77 | 1.72 | 1.63 |
Ciena Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of Ciena Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ciena Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Ciena Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Ciena Corp. Please utilize our Beneish M Score to check the likelihood of Ciena Corp's management manipulating its earnings.
| 4th of March 2024 Upcoming Quarterly Report | View | |
| 4th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 5th of December 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of October 2023 Last Financial Announcement | View |
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Check out Ciena Corp Backtesting, Ciena Corp Valuation, Ciena Corp Correlation, Ciena Corp Hype Analysis, Ciena Corp Volatility, Ciena Corp History and analyze Ciena Corp Performance. To learn how to invest in Ciena Stock, please use our How to Invest in Ciena Corp guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Ciena Corp 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.