Unitil Stock Alpha and Beta Analysis
| UTL Stock | USD 59.50 1.13 1.86% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as UNITIL. It also helps investors analyze the systematic and unsystematic risks associated with investing in UNITIL over a specified time horizon. Remember, high UNITIL'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 UNITIL's market risk premium analysis include:
Beta (0.06) | Alpha 0.0133 | Risk 1.69 | Sharpe Ratio 0.0066 | Expected Return 0.0112 |
UNITIL 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.
UNITIL |
UNITIL Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. UNITIL market risk premium is the additional return an investor will receive from holding UNITIL 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 UNITIL. 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 UNITIL's performance over market.| α | 0.01 | β | -0.06 |
UNITIL 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 UNITIL's Buy-and-hold return. Our buy-and-hold chart shows how UNITIL performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.UNITIL Market Price Analysis
Market price analysis indicators help investors to evaluate how UNITIL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UNITIL shares will generate the highest return on investment. By understating and applying UNITIL stock market price indicators, traders can identify UNITIL position entry and exit signals to maximize returns.
UNITIL Return and Market Media
The median price of UNITIL for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 58.92 with a coefficient of variation of 2.18. The daily time series for the period is distributed with a sample standard deviation of 1.29, arithmetic mean of 58.9, and mean deviation of 0.98. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Unitil Corp Q2 2024 Earnings Call Highlights Strategic Growth and Acquisition Plans ... | 10/09/2024 |
2 | Disposition of tradable shares by Todd Diggins of UNITIL subject to Rule 16b-3 | 10/14/2024 |
3 | Some Confidence Is Lacking In Unitil Corporations PE | 10/17/2024 |
4 | Acquisition by Awad Neveen F of 1582 shares of UNITIL at 60.02 subject to Rule 16b-3 | 10/25/2024 |
5 | Insider Trading | 10/30/2024 |
6 | Unitil declares 0.425 dividend | 10/31/2024 |
7 | Unitil Corp Q3 2024 Earnings Report Preview What to Expect | 11/01/2024 |
8 | Earnings To Watch Unitil Corp Reports Q3 2024 Result | 11/04/2024 |
9 | Concord Police Investigating Crash On North State Street | 11/05/2024 |
10 | Q3 2024 Unitil Corp Earnings Call Transcript | 11/06/2024 |
11 | Taking A Look At Unitil Corporations ROE | 11/22/2024 |
About UNITIL 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 UNITIL or other stocks. Alpha measures the amount that position in UNITIL 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 | 0.0334 | 0.0306 | 0.0311 | 0.0538 | Price To Sales Ratio | 1.49 | 1.46 | 1.51 | 1.59 |
UNITIL Upcoming Company Events
As portrayed in its financial statements, the presentation of UNITIL's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, UNITIL's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of UNITIL's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of UNITIL. Please utilize our Beneish M Score to check the likelihood of UNITIL's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with UNITIL
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Check out UNITIL Backtesting, UNITIL Valuation, UNITIL Correlation, UNITIL Hype Analysis, UNITIL Volatility, UNITIL History and analyze UNITIL Performance. For more information on how to buy UNITIL Stock please use our How to buy in UNITIL Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
UNITIL 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.