Laboratory Of Stock Alpha and Beta Analysis
| LH Stock | USD 241.16 0.99 0.41% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Laboratory of. It also helps investors analyze the systematic and unsystematic risks associated with investing in Laboratory over a specified time horizon. Remember, high Laboratory'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 Laboratory's market risk premium analysis include:
Beta 0.62 | Alpha (0) | Risk 1.33 | Sharpe Ratio 0.0683 | Expected Return 0.0907 |
Laboratory 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.
Laboratory |
Laboratory Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Laboratory market risk premium is the additional return an investor will receive from holding Laboratory 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 Laboratory. 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 Laboratory's performance over market.| α | -0.0041 | β | 0.62 |
Laboratory 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 Laboratory's Buy-and-hold return. Our buy-and-hold chart shows how Laboratory performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Laboratory Market Price Analysis
Market price analysis indicators help investors to evaluate how Laboratory stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Laboratory shares will generate the highest return on investment. By understating and applying Laboratory stock market price indicators, traders can identify Laboratory position entry and exit signals to maximize returns.
Laboratory Return and Market Media
The median price of Laboratory for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 226.42 with a coefficient of variation of 4.11. The daily time series for the period is distributed with a sample standard deviation of 9.29, arithmetic mean of 226.24, and mean deviation of 7.61. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Laboratory dividend paid on 13th of September 2024 | 09/13/2024 |
1 | Acquisition by Akinbolade Oyegunwa of 1110 shares of Laboratory subject to Rule 16b-3 | 11/05/2024 |
2 | Is Labcorp Stock a Good Pick for Your Portfolio Right Now | 11/15/2024 |
3 | Oak Ridge National Laboratory Selects SambaNova to Expand Its Research in Secure and Energy-Efficient AI | 11/18/2024 |
4 | Labcorp gets new finance chief | 11/19/2024 |
5 | Quantum Dot Technology Awarded Technical Assistance from Los Alamos National Laboratory Through New Mexicos TRGR Initiative | 11/20/2024 |
6 | NeuroKaire Receives Clinical Laboratory Improvement Amendments Certification | 11/21/2024 |
7 | Three Days Left To Buy Labcorp Holdings Inc. Before The Ex-Dividend Date | 11/22/2024 |
8 | Laboratory Co. of America Holdings Announces Quarterly Dividend of 0.72 | 11/25/2024 |
| Laboratory dividend paid on 26th of November 2024 | 11/26/2024 |
About Laboratory 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 Laboratory or other stocks. Alpha measures the amount that position in Laboratory 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.0128 | 0.0122 | Price To Sales Ratio | 1.63 | 1.57 |
Laboratory Upcoming Company Events
As portrayed in its financial statements, the presentation of Laboratory's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Laboratory's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Laboratory's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Laboratory. Please utilize our Beneish M Score to check the likelihood of Laboratory's management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th 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 Laboratory
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 Laboratory Backtesting, Laboratory Valuation, Laboratory Correlation, Laboratory Hype Analysis, Laboratory Volatility, Laboratory History and analyze Laboratory Performance. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Laboratory 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.