Ultra Clean Holdings Stock Alpha and Beta Analysis
| UCTT Stock | USD 37.41 0.08 0.21% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Ultra Clean Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Ultra Clean over a specified time horizon. Remember, high Ultra Clean'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 Ultra Clean's market risk premium analysis include:
Beta 1.92 | Alpha (0.17) | Risk 3.29 | Sharpe Ratio 0.0536 | Expected Return 0.18 |
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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.
Ultra |
Ultra Clean Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Ultra Clean market risk premium is the additional return an investor will receive from holding Ultra Clean 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 Ultra Clean. 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 Ultra Clean's performance over market.| α | -0.17 | β | 1.92 |
Ultra Clean 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 Ultra Clean's Buy-and-hold return. Our buy-and-hold chart shows how Ultra Clean performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Ultra Clean Market Price Analysis
Market price analysis indicators help investors to evaluate how Ultra Clean stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ultra Clean shares will generate the highest return on investment. By understating and applying Ultra Clean stock market price indicators, traders can identify Ultra Clean position entry and exit signals to maximize returns.
Ultra Clean Return and Market Media
The median price of Ultra Clean for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 36.04 with a coefficient of variation of 5.86. The daily time series for the period is distributed with a sample standard deviation of 2.13, arithmetic mean of 36.35, and mean deviation of 1.84. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Ultra Clean Holdings Inc Stock Price Up 5.17 percent on Oct 2 | 10/02/2024 |
2 | Ultra Clean Issues Q4 2024 Earnings Guidance | 10/29/2024 |
3 | Ultra Clean Shares Gap Up on Earnings Beat | 10/31/2024 |
4 | Ultra Clean Holdings COO Harjinder Bajwa acquires shares worth 83,325 | 11/04/2024 |
5 | Disposition of 3422 shares by Jeffrey Mckibben of Ultra Clean at 38.2 subject to Rule 16b-3 | 11/07/2024 |
6 | Ultra Clean Holdings CIO Jeffrey McKibben sells 130,720 in stock | 11/13/2024 |
7 | Ultra clean holdings COO Harjinder Bajwa acquires 522,500 in stock | 11/15/2024 |
8 | Tuesdays Top Insider Trades Notable Buys and Sells in US Stocks | 11/20/2024 |
9 | Position in Ultra Clean Holdings, Inc. Increased by Algert Global LLC | 11/26/2024 |
About Ultra Clean 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 Ultra or other stocks. Alpha measures the amount that position in Ultra Clean Holdings 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.
| 2015 | 2020 | 2021 | 2024 (projected) | Days Sales Outstanding | 37.97 | 38.05 | 43.44 | 46.53 | PTB Ratio | 2.39 | 1.82 | 2.94 | 2.56 |
Ultra Clean Upcoming Company Events
As portrayed in its financial statements, the presentation of Ultra Clean's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ultra Clean's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Ultra Clean's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Ultra Clean. Please utilize our Beneish M Score to check the likelihood of Ultra Clean's management manipulating its earnings.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Additional Tools for Ultra Stock Analysis
When running Ultra Clean's price analysis, check to measure Ultra Clean'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 Ultra Clean is operating at the current time. Most of Ultra Clean's value examination focuses on studying past and present price action to predict the probability of Ultra Clean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultra Clean's price. Additionally, you may evaluate how the addition of Ultra Clean to your portfolios can decrease your overall portfolio volatility.