Atkore International Group Stock Alpha and Beta Analysis
| ATKR Stock | USD 94.31 1.14 1.22% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Atkore International Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Atkore International over a specified time horizon. Remember, high Atkore International'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 Atkore International's market risk premium analysis include:
Beta 2.55 | Alpha (0.31) | Risk 2.85 | Sharpe Ratio 0.0427 | Expected Return 0.12 |
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.
Atkore |
Atkore International Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Atkore International market risk premium is the additional return an investor will receive from holding Atkore International 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 Atkore International. 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 Atkore International's performance over market.| α | -0.31 | β | 2.55 |
Atkore International 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 Atkore International's Buy-and-hold return. Our buy-and-hold chart shows how Atkore International performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Atkore International Market Price Analysis
Market price analysis indicators help investors to evaluate how Atkore International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atkore International shares will generate the highest return on investment. By understating and applying Atkore International stock market price indicators, traders can identify Atkore International position entry and exit signals to maximize returns.
Atkore International Return and Market Media
The median price of Atkore International for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 86.66 with a coefficient of variation of 5.1. The daily time series for the period is distributed with a sample standard deviation of 4.49, arithmetic mean of 88.08, and mean deviation of 3.38. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Atkore Inc Shares Gap Down to 80.945 on Sep 11 | 09/11/2024 |
2 | Roman Butler Fullerton Co. Purchases 2,359 Shares of Atkore Inc. | 11/04/2024 |
3 | Disposition of 329 shares by John Pregenzer of Atkore International at 88.97 subject to Rule 16b-3 | 11/15/2024 |
4 | Atkore Inc. An Oversold Midcap Stock to Buy | 11/19/2024 |
5 | What To Expect From Atkores Q3 Earnings | 11/20/2024 |
6 | The total return for Atkore investors has risen faster than earnings growth over the last five years | 11/21/2024 |
7 | Atkore Inc Q4 2024 Earnings Call Highlights Strong Volume Growth Amid Pricing Challenges | 11/22/2024 |
8 | Disposition of 61079 shares by William Waltz of Atkore International at 95.2067 subject to Rule 16b-3 | 11/26/2024 |
9 | Atkore CEO William E. Waltz Jr. sells 11.28 million in stock | 11/27/2024 |
About Atkore International 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 Atkore or other stocks. Alpha measures the amount that position in Atkore International 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 | 0.0101 | 0.00896 | Price To Sales Ratio | 0.96 | 0.69 |
Atkore International Upcoming Company Events
As portrayed in its financial statements, the presentation of Atkore International's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Atkore International's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Atkore International's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Atkore International. Please utilize our Beneish M Score to check the likelihood of Atkore International's management manipulating its earnings.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
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Additional Tools for Atkore Stock Analysis
When running Atkore International's price analysis, check to measure Atkore International'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 Atkore International is operating at the current time. Most of Atkore International's value examination focuses on studying past and present price action to predict the probability of Atkore International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atkore International's price. Additionally, you may evaluate how the addition of Atkore International to your portfolios can decrease your overall portfolio volatility.