Walgreens Boots Alliance Stock Alpha and Beta Analysis
| WBA Stock | USD 9.02 0.04 0.44% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Walgreens Boots Alliance. It also helps investors analyze the systematic and unsystematic risks associated with investing in Walgreens Boots over a specified time horizon. Remember, high Walgreens Boots' 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 Walgreens Boots' market risk premium analysis include:
Beta 0.41 | Alpha (0.02) | Risk 3.41 | Sharpe Ratio 0.0323 | Expected Return 0.11 |
Enterprise Value |
|
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.
Walgreens |
Walgreens Boots Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Walgreens Boots market risk premium is the additional return an investor will receive from holding Walgreens Boots 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 Walgreens Boots. 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 Walgreens Boots' performance over market.| α | -0.02 | β | 0.41 |
Walgreens Boots 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 Walgreens Boots' Buy-and-hold return. Our buy-and-hold chart shows how Walgreens Boots performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Walgreens Boots Market Price Analysis
Market price analysis indicators help investors to evaluate how Walgreens Boots stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Walgreens Boots shares will generate the highest return on investment. By understating and applying Walgreens Boots stock market price indicators, traders can identify Walgreens Boots position entry and exit signals to maximize returns.
Walgreens Boots Return and Market Media
The median price of Walgreens Boots for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 8.76 with a coefficient of variation of 5.97. The daily time series for the period is distributed with a sample standard deviation of 0.53, arithmetic mean of 8.86, and mean deviation of 0.37. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Walgreens Boots dividend paid on 12th of September 2024 | 09/12/2024 |
| Walgreens Boots dividend paid on 30th of September 2024 | 09/30/2024 |
1 | Plaque Dedicated To Slain Philadelphia Police Officer Missing | 11/13/2024 |
2 | For Retailers, Data Simplicity Is All About the SKU | 11/20/2024 |
3 | Is Walgreens High-Yielding Dividend Safe | 11/22/2024 |
4 | What Romeoville Grocery Store Chains Are Open On Thanksgiving | 11/25/2024 |
5 | Major IL Retailers Closed For Thanksgiving 2024 See The List | 11/26/2024 |
6 | CEO of VillageMD steps down as Walgreens considers selling stake in business | 11/27/2024 |
7 | Walgreens Boots Alliance Stock Sinks As Market Gains What You Should Know | 11/29/2024 |
About Walgreens Boots 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 Walgreens or other stocks. Alpha measures the amount that position in Walgreens Boots Alliance 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 | 0.0547 | 0.0759 | 0.16 | 0.17 | Price To Sales Ratio | 0.23 | 0.16 | 0.0541 | 0.0514 |
Walgreens Boots Upcoming Company Events
As portrayed in its financial statements, the presentation of Walgreens Boots' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Walgreens Boots' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Walgreens Boots' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Walgreens Boots. Please utilize our Beneish M Score to check the likelihood of Walgreens Boots' management manipulating its earnings.
| 26th of March 2024 Upcoming Quarterly Report | View | |
| 25th of June 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 10th of October 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of August 2023 Last Financial Announcement | View |
Build Portfolio with Walgreens Boots
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Walgreens Boots Backtesting, Walgreens Boots Valuation, Walgreens Boots Correlation, Walgreens Boots Hype Analysis, Walgreens Boots Volatility, Walgreens Boots History and analyze Walgreens Boots Performance. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Walgreens Boots 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.