Licycle Holdings Corp Stock Alpha and Beta Analysis

LICY Stock  USD 0.84  0.04  4.55%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as LiCycle Holdings Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in LiCycle Holdings over a specified time horizon. Remember, high LiCycle Holdings' 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 LiCycle Holdings' market risk premium analysis include:
Beta
2.5
Alpha
(0.88)
Risk
8.19
Sharpe Ratio
(0.11)
Expected Return
(0.86)
Please note that although LiCycle Holdings alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, LiCycle Holdings did 0.88  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of LiCycle Holdings Corp stock's relative risk over its benchmark. LiCycle Holdings Corp has a beta of 2.50  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, LiCycle Holdings will likely underperform. Book Value Per Share is likely to drop to 1.44 in 2025. Tangible Book Value Per Share is likely to drop to 1.44 in 2025.

Enterprise Value

10.15 Billion

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.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

LiCycle Holdings Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. LiCycle Holdings market risk premium is the additional return an investor will receive from holding LiCycle Holdings 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 LiCycle Holdings. 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 LiCycle Holdings' performance over market.
α-0.88   β2.50

LiCycle Holdings Fundamentals Vs Peers

Comparing LiCycle Holdings' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze LiCycle Holdings' direct or indirect competition across all of the common fundamentals between LiCycle Holdings and the related equities. This way, we can detect undervalued stocks with similar characteristics as LiCycle Holdings or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of LiCycle Holdings' fundamental indicators could also be used in its relative valuation, which is a method of valuing LiCycle Holdings by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare LiCycle Holdings to competition
FundamentalsLiCycle HoldingsPeer Average
Return On Equity-0.43-0.31
Return On Asset-0.0933-0.14
Operating Margin(3.00) %(5.51) %
Current Valuation410.33 M16.62 B
Shares Outstanding35.43 M571.82 M
Shares Owned By Insiders15.43 %10.09 %
Shares Owned By Institutions6.07 %39.21 %

LiCycle Holdings Opportunities

LiCycle Holdings Return and Market Media

The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Disposition of 4970 shares by Conor Spollen of LiCycle Holdings at 1.8872 subject to Rule 16b-3
12/03/2024
2
Disposition of 81845 shares by Debbie Simpson of LiCycle Holdings at 0.4127 subject to Rule 16b-3
12/19/2024
3
Acquisition by Glencore Plc of tradable shares of LiCycle Holdings subject to Rule 16b-3
12/31/2024
4
Li-Cycle Announces Pricing of 15 Million Underwritten Public Offering
01/15/2025
5
Li-Cycle Provides Perspectives on the Unleashing American Energy Executive Order
01/24/2025
6
Disposition of 526 shares by Chris Biederman of LiCycle Holdings at 1.075 subject to Rule 16b-3
01/27/2025
7
Li-Cycles chief commercial officer sells shares worth 296 - MSN
01/30/2025
8
Disposition of 180 shares by Dawei Li of LiCycle Holdings at 1.015 subject to Rule 16b-3
01/31/2025
9
Li-Cycle Further Expands Commercial Footprint in EU with Additional Exclusive Recycling ...
02/03/2025
10
Li-Cycles chief commercial officer sells 182 in stock - MSN
02/04/2025
11
Li-Cycle Provides Recycling Solutions to Growing Battery Energy Storage System Market, Including Supporting Artificial Intelligence Technologies in the U.S.
02/10/2025
12
Disposition of 14003 shares by Barwell Christine of LiCycle Holdings at 0.4633 subject to Rule 16b-3
02/21/2025

About LiCycle Holdings 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 LiCycle or other stocks. Alpha measures the amount that position in LiCycle Holdings 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.
 2021 2022 2024 2025 (projected)
Days Sales Outstanding253.3257.8466.5263.19
PTB Ratio2.062.242.582.45

LiCycle Holdings Upcoming Company Events

As portrayed in its financial statements, the presentation of LiCycle Holdings' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, LiCycle Holdings' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of LiCycle Holdings' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of LiCycle Holdings. Please utilize our Beneish M Score to check the likelihood of LiCycle Holdings' management manipulating its earnings.
29th of January 2024
Upcoming Quarterly Report
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20th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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29th of January 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Additional Tools for LiCycle Stock Analysis

When running LiCycle Holdings' price analysis, check to measure LiCycle Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LiCycle Holdings is operating at the current time. Most of LiCycle Holdings' value examination focuses on studying past and present price action to predict the probability of LiCycle Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LiCycle Holdings' price. Additionally, you may evaluate how the addition of LiCycle Holdings to your portfolios can decrease your overall portfolio volatility.