Myr Group Stock Alpha and Beta Analysis
| MYRG Stock | USD 117.21 5.55 4.97% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as MYR Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in MYR over a specified time horizon. Remember, high MYR'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 MYR's market risk premium analysis include:
Beta 0.86 | Alpha (0.44) | Risk 3.3 | Sharpe Ratio (0.16) | Expected Return (0.53) |
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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.
MYR |
MYR Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. MYR market risk premium is the additional return an investor will receive from holding MYR 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 MYR. 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 MYR's performance over market.| α | -0.44 | β | 0.86 |
MYR 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 MYR's Buy-and-hold return. Our buy-and-hold chart shows how MYR performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.MYR Market Price Analysis
Market price analysis indicators help investors to evaluate how MYR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MYR shares will generate the highest return on investment. By understating and applying MYR stock market price indicators, traders can identify MYR position entry and exit signals to maximize returns.
MYR Return and Market Media
The median price of MYR for the period between Sun, Dec 15, 2024 and Sat, Mar 15, 2025 is 144.18 with a coefficient of variation of 11.2. The daily time series for the period is distributed with a sample standard deviation of 15.9, arithmetic mean of 141.91, and mean deviation of 12.75. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | MYR Group sheds 10 percent this week, as yearly returns fall more in line with earnings growth | 12/24/2024 |
2 | Acquisition by Don Egan of 2244 shares of MYR subject to Rule 16b-3 | 01/31/2025 |
3 | Those who invested in MYR Group five years ago are up 367 | 02/12/2025 |
4 | Acquisition by Hartwick Kenneth Michael of 1738 shares of MYR subject to Rule 16b-3 | 02/14/2025 |
5 | MYR Group Inc Q4 2024 Earnings Report Preview What to Expect | 02/25/2025 |
6 | MYR Group Inc Q4 2024 Earnings Report Preview What To Look For | 02/26/2025 |
7 | Q4 2024 MYR Group Inc Earnings Call Transcript | 02/28/2025 |
8 | MYR Groups Problems Go Beyond Weak Profit | 03/05/2025 |
9 | Acquisition by Don Egan of 755 shares of MYR subject to Rule 16b-3 | 03/07/2025 |
10 | Disposition of 1334 shares by Richard Swartz of MYR at 172.52 subject to Rule 16b-3 | 03/12/2025 |
About MYR 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 MYR or other stocks. Alpha measures the amount that position in MYR Group 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.
| 2024 | 2025 (projected) | Dividend Yield | 0.16 | 0.17 | Price To Sales Ratio | 0.73 | 0.69 |
MYR Upcoming Company Events
As portrayed in its financial statements, the presentation of MYR's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MYR's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of MYR's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of MYR. Please utilize our Beneish M Score to check the likelihood of MYR's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out MYR Backtesting, MYR Valuation, MYR Correlation, MYR Hype Analysis, MYR Volatility, MYR History and analyze MYR Performance. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
MYR 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.