Aecon Group Stock Alpha and Beta Analysis
| ARE Stock | CAD 29.16 0.26 0.90% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Aecon Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Aecon over a specified time horizon. Remember, high Aecon'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 Aecon's market risk premium analysis include:
Beta 0.11 | Alpha 0.73 | Risk 2.74 | Sharpe Ratio 0.28 | Expected Return 0.76 |
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.
Aecon |
Aecon Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Aecon market risk premium is the additional return an investor will receive from holding Aecon 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 Aecon. 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 Aecon's performance over market.| α | 0.73 | β | 0.11 |
Aecon 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 Aecon's Buy-and-hold return. Our buy-and-hold chart shows how Aecon performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Aecon Market Price Analysis
Market price analysis indicators help investors to evaluate how Aecon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aecon shares will generate the highest return on investment. By understating and applying Aecon stock market price indicators, traders can identify Aecon position entry and exit signals to maximize returns.
Aecon Return and Market Media
The median price of Aecon for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 21.89 with a coefficient of variation of 16.87. The daily time series for the period is distributed with a sample standard deviation of 3.8, arithmetic mean of 22.54, and mean deviation of 3.04. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Why this money manager is buying Pembina and Aecon and trimming Agnico Eagle - The Globe and Mail | 09/06/2024 |
2 | Aecon Group Scheduled to Post Earnings on Thursday - MarketBeat | 10/24/2024 |
3 | Aecon Group Stock Price Crosses Above 200-Day Moving Average - Heres What Happened - MarketBeat | 11/14/2024 |
About Aecon 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 Aecon or other stocks. Alpha measures the amount that position in Aecon Group 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 | 0.0405 | 0.0801 | 0.0565 | 0.0593 | Price To Sales Ratio | 0.26 | 0.12 | 0.17 | 0.18 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aecon in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aecon's short interest history, or implied volatility extrapolated from Aecon options trading.
Build Portfolio with Aecon
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
Other Information on Investing in Aecon Stock
Aecon financial ratios help investors to determine whether Aecon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aecon with respect to the benefits of owning Aecon security.