Caseys General Stores Stock Alpha and Beta Analysis
| CASY Stock | USD 427.88 11.48 2.76% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Caseys General Stores. It also helps investors analyze the systematic and unsystematic risks associated with investing in Caseys General over a specified time horizon. Remember, high Caseys General'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 Caseys General's market risk premium analysis include:
Beta 0.58 | Alpha 0.16 | Risk 1.77 | Sharpe Ratio 0.13 | Expected Return 0.23 |
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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.
Caseys |
Caseys General Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Caseys General market risk premium is the additional return an investor will receive from holding Caseys General 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 Caseys General. 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 Caseys General's performance over market.| α | 0.16 | β | 0.58 |
Caseys General 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 Caseys General's Buy-and-hold return. Our buy-and-hold chart shows how Caseys General performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Caseys General Market Price Analysis
Market price analysis indicators help investors to evaluate how Caseys General stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Caseys General shares will generate the highest return on investment. By understating and applying Caseys General stock market price indicators, traders can identify Caseys General position entry and exit signals to maximize returns.
Caseys General Return and Market Media
The median price of Caseys General for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 381.15 with a coefficient of variation of 4.42. The daily time series for the period is distributed with a sample standard deviation of 17.04, arithmetic mean of 385.05, and mean deviation of 14.12. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Casey, McCormick challenge border security policies | 10/17/2024 |
2 | Rely on Winning DuPont Analysis Pick 4 Quality Stocks | 10/29/2024 |
3 | PA U.S. Senate Race Results Latest Casey, McCormick Tallies | 11/06/2024 |
4 | Caseys introduces new pizza inspired by this Midwestern dish. | 11/08/2024 |
5 | Joni Ernst tells Schumer to get over Bob Casey loss in Pennsylvania | 11/11/2024 |
6 | Ad calls on sore loser Pa. Sen. Bob Casey to stop disrespecting our democracy and concede to Republican Dave McCormick | 11/12/2024 |
7 | RNC files two lawsuits in Pennsylvania amid Sen Bob Casey refusing to concede race | 11/14/2024 |
| Caseys General dividend paid on 15th of November 2024 | 11/15/2024 |
9 | Pennsylvanias top court strikes down Dem bid to count illegal ballots as Sen. Bob Casey refuses to concede | 11/18/2024 |
10 | Dems sue PA election board over uncounted provisional ballots amid Senate recount in Casey loss | 11/19/2024 |
11 | Democrat Bob Casey concedes to Republican David McCormick in Pennsylvania Senate contest | 11/21/2024 |
12 | Caseys General Stores Reports Mixed Fiscal First-Quarter Results - MSN | 11/22/2024 |
About Caseys General 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 Caseys or other stocks. Alpha measures the amount that position in Caseys General Stores 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.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.00641 | 0.005298 | 0.006254 | Price To Sales Ratio | 0.57 | 0.8 | 0.84 |
Caseys General Upcoming Company Events
As portrayed in its financial statements, the presentation of Caseys General's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Caseys General's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Caseys General's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Caseys General. Please utilize our Beneish M Score to check the likelihood of Caseys General's management manipulating its earnings.
| 5th of March 2024 Upcoming Quarterly Report | View | |
| 4th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 4th of June 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 30th of April 2023 Last Financial Announcement | View |
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Additional Tools for Caseys Stock Analysis
When running Caseys General's price analysis, check to measure Caseys General'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 Caseys General is operating at the current time. Most of Caseys General's value examination focuses on studying past and present price action to predict the probability of Caseys General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caseys General's price. Additionally, you may evaluate how the addition of Caseys General to your portfolios can decrease your overall portfolio volatility.