Terex Stock Alpha and Beta Analysis

TEX Stock  USD 54.27  0.03  0.06%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Terex. It also helps investors analyze the systematic and unsystematic risks associated with investing in Terex over a specified time horizon. Remember, high Terex'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 Terex's market risk premium analysis include:
Beta
2.28
Alpha
(0.30)
Risk
2.74
Sharpe Ratio
(0.01)
Expected Return
(0.03)
Please note that although Terex 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, Terex did 0.30  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 Terex stock's relative risk over its benchmark. Terex has a beta of 2.28  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Terex will likely underperform. At this time, Terex's Book Value Per Share is fairly stable compared to the past year. Tangible Book Value Per Share is likely to rise to 21.19 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 5.12 in 2024.

Terex Quarterly Cash And Equivalents

352.3 Million

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 Terex Backtesting, Terex Valuation, Terex Correlation, Terex Hype Analysis, Terex Volatility, Terex History and analyze Terex Performance.
For more information on how to buy Terex Stock please use our How to Invest in Terex guide.

Terex Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Terex market risk premium is the additional return an investor will receive from holding Terex 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 Terex. 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 Terex's performance over market.
α-0.3   β2.28

Terex 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 Terex's Buy-and-hold return. Our buy-and-hold chart shows how Terex performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Terex Market Price Analysis

Market price analysis indicators help investors to evaluate how Terex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Terex shares will generate the highest return on investment. By understating and applying Terex stock market price indicators, traders can identify Terex position entry and exit signals to maximize returns.

Terex Return and Market Media

The median price of Terex for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 52.89 with a coefficient of variation of 3.78. The daily time series for the period is distributed with a sample standard deviation of 2.01, arithmetic mean of 53.2, and mean deviation of 1.68. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
 
Terex dividend paid on 19th of September 2024
09/19/2024
1
Dovers Share Price Hits 52-Week High Whats Aiding the Stock
09/25/2024
2
Terex declares 0.17 dividend
10/14/2024
3
Terex Reports Third Quarter 2024 Results
10/30/2024
4
Terex Posts Earnings Results, Beats Expectations By 0.15 EPS
11/04/2024
5
Astec Earnings What To Look For From ASTE
11/05/2024
6
Terex Reliance on International Sales What Investors Need to Know
11/06/2024
7
Terex Co. Shares Sold by Cozad Asset Management Inc.
11/08/2024
8
Have Insiders Sold Terex Shares Recently
11/11/2024
9
Construction Machinery Stocks Q3 Highlights Caterpillar
11/13/2024
10
Telehandler Market is Estimated to Develop at a High 7.1 percent CAGR through 2031 SkyQuest Technology
11/22/2024

About Terex 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 Terex or other stocks. Alpha measures the amount that position in Terex 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)
PTB Ratio2.762.482.322.44
Dividend Yield0.01090.01220.01110.007541

Terex Upcoming Company Events

As portrayed in its financial statements, the presentation of Terex's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Terex's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Terex's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Terex. Please utilize our Beneish M Score to check the likelihood of Terex's management manipulating its earnings.
8th of February 2024
Upcoming Quarterly Report
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6th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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8th of February 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
View

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Additional Tools for Terex Stock Analysis

When running Terex's price analysis, check to measure Terex'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 Terex is operating at the current time. Most of Terex's value examination focuses on studying past and present price action to predict the probability of Terex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Terex's price. Additionally, you may evaluate how the addition of Terex to your portfolios can decrease your overall portfolio volatility.