Columbus Mckinnon Stock Alpha and Beta Analysis
| CMCO Stock | USD 39.10 0.23 0.59% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Columbus McKinnon. It also helps investors analyze the systematic and unsystematic risks associated with investing in Columbus McKinnon over a specified time horizon. Remember, high Columbus McKinnon'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 Columbus McKinnon's market risk premium analysis include:
Beta 2.06 | Alpha (0.02) | Risk 2.42 | Sharpe Ratio 0.1 | Expected Return 0.24 |
Enterprise Value |
|
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.
Columbus |
Columbus McKinnon Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Columbus McKinnon market risk premium is the additional return an investor will receive from holding Columbus McKinnon 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 Columbus McKinnon. 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 Columbus McKinnon's performance over market.| α | -0.02 | β | 2.06 |
Columbus McKinnon 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 Columbus McKinnon's Buy-and-hold return. Our buy-and-hold chart shows how Columbus McKinnon performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Columbus McKinnon Market Price Analysis
Market price analysis indicators help investors to evaluate how Columbus McKinnon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Columbus McKinnon shares will generate the highest return on investment. By understating and applying Columbus McKinnon stock market price indicators, traders can identify Columbus McKinnon position entry and exit signals to maximize returns.
Columbus McKinnon Return and Market Media
The median price of Columbus McKinnon for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 34.14 with a coefficient of variation of 6.77. The daily time series for the period is distributed with a sample standard deviation of 2.31, arithmetic mean of 34.06, and mean deviation of 1.88. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 75816 shares by Schadeberg Terry of Columbus McKinnon at 42.22 subject to Rule 16b-3 | 09/20/2024 |
2 | Insider Trading | 09/23/2024 |
3 | Disposition of 2405 shares by Schadeberg Terry of Columbus McKinnon at 32.64 subject to Rule 16b-3 | 09/24/2024 |
4 | Columbus McKinnon to Host Second Quarter Fiscal 2025 Earnings Conference Call on October 30, 2024 | 10/16/2024 |
5 | Acquisition by Stephens Christopher J of 1000 shares of Columbus McKinnon at 37.34 subject to Rule 16b-3 | 11/14/2024 |
| Columbus McKinnon dividend paid on 18th of November 2024 | 11/18/2024 |
7 | Acquisition by Bert Brant of tradable shares of Columbus McKinnon subject to Rule 16b-3 | 11/20/2024 |
About Columbus McKinnon 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 Columbus or other stocks. Alpha measures the amount that position in Columbus McKinnon 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) | Dividend Yield | 0.005519 | 0.007535 | 0.006497 | 0.0127 | Price To Sales Ratio | 1.31 | 1.14 | 1.22 | 1.28 |
Columbus McKinnon Upcoming Company Events
As portrayed in its financial statements, the presentation of Columbus McKinnon's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Columbus McKinnon's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Columbus McKinnon's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Columbus McKinnon. Please utilize our Beneish M Score to check the likelihood of Columbus McKinnon's management manipulating its earnings.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 23rd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 23rd of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Build Portfolio with Columbus McKinnon
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 Columbus McKinnon Backtesting, Columbus McKinnon Valuation, Columbus McKinnon Correlation, Columbus McKinnon Hype Analysis, Columbus McKinnon Volatility, Columbus McKinnon History and analyze Columbus McKinnon Performance. To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Columbus McKinnon 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.