Rex American Resources Stock Alpha and Beta Analysis
| REX Stock | USD 43.31 0.06 0.14% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as REX American Resources. It also helps investors analyze the systematic and unsystematic risks associated with investing in REX American over a specified time horizon. Remember, high REX American'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 REX American's market risk premium analysis include:
Beta 1.28 | Alpha (0.20) | Risk 1.89 | Sharpe Ratio 0.0206 | Expected Return 0.039 |
REX American 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.
REX |
REX American Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. REX American market risk premium is the additional return an investor will receive from holding REX American 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 REX American. 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 REX American's performance over market.| α | -0.2 | β | 1.28 |
REX American 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 REX American's Buy-and-hold return. Our buy-and-hold chart shows how REX American performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.REX American Market Price Analysis
Market price analysis indicators help investors to evaluate how REX American stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading REX American shares will generate the highest return on investment. By understating and applying REX American stock market price indicators, traders can identify REX American position entry and exit signals to maximize returns.
REX American Return and Market Media
The median price of REX American for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 45.45 with a coefficient of variation of 3.41. The daily time series for the period is distributed with a sample standard deviation of 1.54, arithmetic mean of 45.24, and mean deviation of 1.18. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | REX Financial Welcomes Kevin Gopaul as Chief Investment Officer and President of REX Financial Canada | 09/11/2024 |
2 | REX Shares and Tuttle Capital Management Launch 2x Leveraged and Inverse MSTR Daily Target ETFs | 09/18/2024 |
3 | REX Shares and Tuttle Capital Management Launch T-REX 2X Long NFLX Daily Target ETF | 09/27/2024 |
4 | REX American Resources Corp Stock Price Down 3.97 percent on Oct 8 | 10/08/2024 |
5 | Disposition of 100 shares by Stuart Rose of REX American at 100.08 subject to Rule 16b-3 | 10/18/2024 |
6 | Granite Ridge Resources, Inc. Beats Q3 Earnings Estimates | 11/07/2024 |
7 | CHIFFRE DAFFAIRES LEXIBOOK S1 24-25 24.6M VS 22.2M . REX ET RN EN RETRAIT REX 2.5M VS 3.5M AU S1 23-24, RN 2.4M VS 3.1M EN 23-24. | 11/18/2024 |
8 | Options Market Now Open for T-REX 2X Long MSTR Daily Target ETF | 11/27/2024 |
About REX American 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 REX or other stocks. Alpha measures the amount that position in REX American Resources 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 | 2024 (projected) | Days Sales Outstanding | 15.31 | 7.12 | PTB Ratio | 1.34 | 1.22 |
REX American Upcoming Company Events
As portrayed in its financial statements, the presentation of REX American's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, REX American's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of REX American's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of REX American. Please utilize our Beneish M Score to check the likelihood of REX American's management manipulating its earnings.
| 28th of March 2024 Upcoming Quarterly Report | View | |
| 23rd of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 28th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
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Additional Tools for REX Stock Analysis
When running REX American's price analysis, check to measure REX American's 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 REX American is operating at the current time. Most of REX American's value examination focuses on studying past and present price action to predict the probability of REX American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move REX American's price. Additionally, you may evaluate how the addition of REX American to your portfolios can decrease your overall portfolio volatility.