Planet Fitness Stock Alpha and Beta Analysis
| PLNT Stock | USD 99.55 1.47 1.46% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Planet Fitness. It also helps investors analyze the systematic and unsystematic risks associated with investing in Planet Fitness over a specified time horizon. Remember, high Planet Fitness' 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 Planet Fitness' market risk premium analysis include:
Beta 0.73 | Alpha 0.22 | Risk 2.1 | Sharpe Ratio 0.18 | Expected Return 0.37 |
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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.
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Planet Fitness Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Planet Fitness market risk premium is the additional return an investor will receive from holding Planet Fitness 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 Planet Fitness. 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 Planet Fitness' performance over market.| α | 0.22 | β | 0.73 |
Planet Fitness 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 Planet Fitness' Buy-and-hold return. Our buy-and-hold chart shows how Planet Fitness performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Planet Fitness Market Price Analysis
Market price analysis indicators help investors to evaluate how Planet Fitness stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Planet Fitness shares will generate the highest return on investment. By understating and applying Planet Fitness stock market price indicators, traders can identify Planet Fitness position entry and exit signals to maximize returns.
Planet Fitness Return and Market Media
The median price of Planet Fitness for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 81.85 with a coefficient of variation of 8.7. The daily time series for the period is distributed with a sample standard deviation of 7.42, arithmetic mean of 85.25, and mean deviation of 6.11. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Insiders At Planet Fitness Sold US2.6m In Stock, Alluding To Potential Weakness | 09/10/2024 |
2 | Acquisition by Christopher Tanco of 282 shares of Planet Fitness subject to Rule 16b-3 | 10/01/2024 |
3 | Why Planet Fitness is Poised to Beat Earnings Estimates Again | 10/22/2024 |
4 | AMUNDIs Strategic Reduction in Planet Fitness Inc. Holdings | 11/07/2024 |
5 | Planet Fitness Stock Price Expected to Rise, Raymond James Analyst Says | 11/08/2024 |
6 | Planet Fitness loses 11th hour bid to acquire bankrupt Blink | 11/13/2024 |
7 | CADIAN CAPITAL MANAGEMENT, LP Expands Stake in Remitly Global Inc | 11/14/2024 |
8 | Disposition of 6302 shares by Thomas Fitzgerald of Planet Fitness at 75.04 subject to Rule 16b-3 | 11/15/2024 |
9 | Acquisition by Jennifer Simmons of 1486 shares of Planet Fitness at 19.27 subject to Rule 16b-3 | 11/18/2024 |
10 | Jennifer Simmons Sells 11,453 Shares of Planet Fitness, Inc. Stock | 11/19/2024 |
11 | Planet Fitness, Inc. Leveraging Membership Growth and Real Estate Opportunities for Expansion | 11/25/2024 |
About Planet Fitness 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 Planet or other stocks. Alpha measures the amount that position in Planet Fitness 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 | 2023 | 2024 (projected) | Dividend Yield | 9.9E-5 | 6.98E-4 | 8.03E-4 | 7.63E-4 | Price To Sales Ratio | 12.85 | 7.08 | 5.78 | 5.33 |
Planet Fitness Upcoming Company Events
As portrayed in its financial statements, the presentation of Planet Fitness' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Planet Fitness' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Planet Fitness' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Planet Fitness. Please utilize our Beneish M Score to check the likelihood of Planet Fitness' management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd 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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Additional Tools for Planet Stock Analysis
When running Planet Fitness' price analysis, check to measure Planet Fitness' 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 Planet Fitness is operating at the current time. Most of Planet Fitness' value examination focuses on studying past and present price action to predict the probability of Planet Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Fitness' price. Additionally, you may evaluate how the addition of Planet Fitness to your portfolios can decrease your overall portfolio volatility.