Patterson Companies Stock Alpha and Beta Analysis
| PDCO Stock | USD 21.49 0.03 0.14% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Patterson Companies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Patterson Companies over a specified time horizon. Remember, high Patterson Companies' 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 Patterson Companies' market risk premium analysis include:
Beta 1.21 | Alpha (0.19) | Risk 2.05 | Sharpe Ratio (0.01) | Expected Return (0.02) |
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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.
Patterson |
Patterson Companies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Patterson Companies market risk premium is the additional return an investor will receive from holding Patterson Companies 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 Patterson Companies. 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 Patterson Companies' performance over market.| α | -0.19 | β | 1.21 |
Patterson Companies 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 Patterson Companies' Buy-and-hold return. Our buy-and-hold chart shows how Patterson Companies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Patterson Companies Market Price Analysis
Market price analysis indicators help investors to evaluate how Patterson Companies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Patterson Companies shares will generate the highest return on investment. By understating and applying Patterson Companies stock market price indicators, traders can identify Patterson Companies position entry and exit signals to maximize returns.
Patterson Companies Return and Market Media
The median price of Patterson Companies for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 21.04 with a coefficient of variation of 3.15. The daily time series for the period is distributed with a sample standard deviation of 0.66, arithmetic mean of 20.98, and mean deviation of 0.55. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Agarwal Meenu of 7820 shares of Patterson Companies at 21.74 subject to Rule 16b-3 | 09/16/2024 |
2 | Theres Been No Shortage Of Growth Recently For Patterson Companies Returns On Capital | 09/20/2024 |
3 | Acquisition by Samantha Bergeson of tradable shares of Patterson Companies at 18.564 subject to Rule 16b-3 | 09/30/2024 |
4 | Acquisition by Schrimsher Neil A of 4968 shares of Patterson Companies at 29.19 subject to Rule 16b-3 | 10/03/2024 |
5 | Patterson Companies, Inc. Announces Quarterly Dividend of 0.26 | 10/16/2024 |
6 | Implied Volatility Surging for Patterson Companies Stock Options | 10/21/2024 |
| Patterson Companies dividend paid on 1st of November 2024 | 11/01/2024 |
7 | McKesson Q2 Earnings and Revenues Beat Estimates | 11/06/2024 |
8 | Dentsply International Q3 Earnings and Revenues Beat Estimates | 11/07/2024 |
9 | Disposition of 1052 shares by Les Korsh of Patterson Companies at 20.76 subject to Rule 16b-3 | 11/12/2024 |
10 | Patterson Dental Extends Strategic Relationship With PDS Health | 11/13/2024 |
11 | Selling PDCO To Lock In Profits | 11/19/2024 |
12 | Wall Streets Most Accurate Analysts Weigh In On 3 Health Care Stocks With Over 5 percent Dividend Yields | 11/21/2024 |
13 | Current Report Evertz Technologies | 11/25/2024 |
14 | Current Report Ituran Location And Control | 11/26/2024 |
About Patterson Companies 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 Patterson or other stocks. Alpha measures the amount that position in Patterson Companies 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.
| 2010 | 2011 | 2021 | 2024 (projected) | Dividend Yield | 0.003061 | 0.0235 | 0.041 | 0.0338 | Price To Sales Ratio | 1.41 | 0.54 | 0.36 | 0.46 |
Patterson Companies Upcoming Company Events
As portrayed in its financial statements, the presentation of Patterson Companies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Patterson Companies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Patterson Companies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Patterson Companies. Please utilize our Beneish M Score to check the likelihood of Patterson Companies' management manipulating its earnings.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 19th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 19th of June 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 30th of April 2023 Last Financial Announcement | View |
Build Portfolio with Patterson Companies
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Check out Patterson Companies Backtesting, Patterson Companies Valuation, Patterson Companies Correlation, Patterson Companies Hype Analysis, Patterson Companies Volatility, Patterson Companies History and analyze Patterson Companies Performance. To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Patterson Companies 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.