Everus Construction Group Stock Alpha and Beta Analysis
| ECG Stock | 64.66 0.11 0.17% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Everus Construction Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Everus Construction over a specified time horizon. Remember, high Everus Construction'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 Everus Construction's market risk premium analysis include:
Beta 0.68 | Alpha 1.21 | Risk 4.32 | Sharpe Ratio 0.3 | Expected Return 1.3 |
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.
Everus |
Everus Construction Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Everus Construction market risk premium is the additional return an investor will receive from holding Everus Construction 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 Everus Construction. 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 Everus Construction's performance over market.| α | 1.21 | β | 0.68 |
Everus Construction 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 Everus Construction's Buy-and-hold return. Our buy-and-hold chart shows how Everus Construction performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Everus Construction Market Price Analysis
Market price analysis indicators help investors to evaluate how Everus Construction stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Everus Construction shares will generate the highest return on investment. By understating and applying Everus Construction stock market price indicators, traders can identify Everus Construction position entry and exit signals to maximize returns.
Everus Construction Return and Market Media
The median price of Everus Construction for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 59.32 with a coefficient of variation of 9.19. The daily time series for the period is distributed with a sample standard deviation of 5.36, arithmetic mean of 58.32, and mean deviation of 4.72. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Insider Trading | 10/28/2024 |
2 | Disposition of 50972059 shares by Mdu Resources Group Inc of Everus Construction subject to Rule 16b-3 | 10/31/2024 |
3 | Everus Construction Group Completes Spinoff From MDU Resources - StockTitan | 11/01/2024 |
4 | DA Davidson Initiates Coverage on Everus | 11/06/2024 |
5 | SmartCardia Receives FDA Clearance for Outpatient Cardiac Telemetry for Its 7-Lead ECG Patch and Cloud Platform | 11/13/2024 |
6 | Everus Earns Buy Rating from Analysts at Stifel Nicolaus | 11/15/2024 |
7 | Everus to Participate in Wolfe Research Small and Mid-Cap Conference | 11/27/2024 |
About Everus Construction 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 Everus or other stocks. Alpha measures the amount that position in Everus Construction 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Everus Construction in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Everus Construction's short interest history, or implied volatility extrapolated from Everus Construction options trading.
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Check out Everus Construction Backtesting, Everus Construction Valuation, Everus Construction Correlation, Everus Construction Hype Analysis, Everus Construction Volatility, Everus Construction History and analyze Everus Construction Performance. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Everus Construction 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.