Addus Homecare Stock Alpha and Beta Analysis
| ADUS Stock | USD 122.95 1.37 1.10% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Addus HomeCare. It also helps investors analyze the systematic and unsystematic risks associated with investing in Addus HomeCare over a specified time horizon. Remember, high Addus HomeCare'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 Addus HomeCare's market risk premium analysis include:
Beta 1.12 | Alpha (0.23) | Risk 1.61 | Sharpe Ratio (0.05) | Expected Return (0.09) |
Enterprise Value |
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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.
Addus |
Addus HomeCare Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Addus HomeCare market risk premium is the additional return an investor will receive from holding Addus HomeCare 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 Addus HomeCare. 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 Addus HomeCare's performance over market.| α | -0.23 | β | 1.12 |
Addus HomeCare 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 Addus HomeCare's Buy-and-hold return. Our buy-and-hold chart shows how Addus HomeCare performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Addus HomeCare Market Price Analysis
Market price analysis indicators help investors to evaluate how Addus HomeCare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Addus HomeCare shares will generate the highest return on investment. By understating and applying Addus HomeCare stock market price indicators, traders can identify Addus HomeCare position entry and exit signals to maximize returns.
Addus HomeCare Return and Market Media
The median price of Addus HomeCare for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 129.39 with a coefficient of variation of 2.93. The daily time series for the period is distributed with a sample standard deviation of 3.77, arithmetic mean of 128.76, and mean deviation of 2.98. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 1480 shares by Bickham W Bradley of Addus HomeCare at 132.26 subject to Rule 16b-3 | 08/30/2024 |
2 | Disposition of 500 shares by Lopez Esteban of Addus HomeCare at 127.5 subject to Rule 16b-3 | 09/10/2024 |
3 | Disposition of 2962 shares by Sean Gaffney of Addus HomeCare at 129.15 subject to Rule 16b-3 | 09/12/2024 |
4 | Aurora Cannabis Stock Rises Following Medical Cannabis Oil Launch | 10/17/2024 |
5 | Addus HomeCare Corp Shares Gap Down to 125.625 on Oct 30 | 10/30/2024 |
6 | What To Expect From Addus HomeCare Corp Q3 2024 Earnings | 11/01/2024 |
7 | Addus HomeCare Announces Third Quarter 2024 Financial Results | 11/04/2024 |
8 | Addus HomeCare Shares Down 6.1 percent Time to Sell | 11/05/2024 |
9 | Addus HomeCare Third Quarter 2024 Earnings EPS Misses Expectations | 11/06/2024 |
10 | Addus HomeCare Corporation Q3 2024 Earnings Call Transcript | 11/07/2024 |
11 | Addus HomeCares SWOT analysis personal care stock faces growth and challenges | 11/12/2024 |
12 | Addus HomeCare Co. Shares Purchased by Quest Partners LLC - MarketBeat | 11/20/2024 |
About Addus HomeCare 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 Addus or other stocks. Alpha measures the amount that position in Addus HomeCare 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.0608 | 0.0578 | Price To Sales Ratio | 1.4 | 0.76 |
Addus HomeCare Upcoming Company Events
As portrayed in its financial statements, the presentation of Addus HomeCare's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Addus HomeCare's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Addus HomeCare's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Addus HomeCare. Please utilize our Beneish M Score to check the likelihood of Addus HomeCare's management manipulating its earnings.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Addus Stock Analysis
When running Addus HomeCare's price analysis, check to measure Addus HomeCare'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 Addus HomeCare is operating at the current time. Most of Addus HomeCare's value examination focuses on studying past and present price action to predict the probability of Addus HomeCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addus HomeCare's price. Additionally, you may evaluate how the addition of Addus HomeCare to your portfolios can decrease your overall portfolio volatility.