Canada Goose Holdings Stock Alpha and Beta Analysis
| GOOS Stock | USD 9.47 0.08 0.85% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Canada Goose Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Canada Goose over a specified time horizon. Remember, high Canada Goose'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 Canada Goose's market risk premium analysis include:
Beta 0.63 | Alpha (0.36) | Risk 2.76 | Sharpe Ratio (0.10) | Expected Return (0.29) |
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.
Canada |
Canada Goose Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Canada Goose market risk premium is the additional return an investor will receive from holding Canada Goose 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 Canada Goose. 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 Canada Goose's performance over market.| α | -0.36 | β | 0.63 |
Canada Goose 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 Canada Goose's Buy-and-hold return. Our buy-and-hold chart shows how Canada Goose performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Canada Goose Market Price Analysis
Market price analysis indicators help investors to evaluate how Canada Goose stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canada Goose shares will generate the highest return on investment. By understating and applying Canada Goose stock market price indicators, traders can identify Canada Goose position entry and exit signals to maximize returns.
Canada Goose Return and Market Media
The median price of Canada Goose for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 10.5 with a coefficient of variation of 8.82. The daily time series for the period is distributed with a sample standard deviation of 0.94, arithmetic mean of 10.61, and mean deviation of 0.78. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | At 70, retailer Harry Rosen is on the brink of reinvention as mens style evolves | 09/23/2024 |
2 | Boeing, Caterpillar, Canada Goose fall premarket Tesla rises | 10/14/2024 |
3 | Canada Goose Flat As Market Sinks What You Should Know | 10/23/2024 |
4 | Canada Goose Q2 Earnings and Revenues Surpass Estimates | 11/07/2024 |
5 | Q2 2025 Canada Goose Holdings Inc Earnings Call Transcript | 11/08/2024 |
6 | AMERIPRISE FINANCIAL INCs Strategic Acquisition of Canada Goose Holdings Inc Shares | 11/14/2024 |
7 | BAFFIN INTRODUCES WHITETAIL II A MADE IN CANADA BOOT FOR ALL | 11/20/2024 |
8 | What does your winter coat say about you We see you Andrew Lloyd Webber | 11/21/2024 |
9 | Haider Ackermann Releases His First Snow Goose by Canada Goose Capsule Collection | 11/26/2024 |
About Canada Goose 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 Canada or other stocks. Alpha measures the amount that position in Canada Goose Holdings 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 | 0.11 | 0.096 | Price To Sales Ratio | 1.26 | 1.2 |
Canada Goose Upcoming Company Events
As portrayed in its financial statements, the presentation of Canada Goose's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Canada Goose's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Canada Goose's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Canada Goose. Please utilize our Beneish M Score to check the likelihood of Canada Goose's management manipulating its earnings.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 16th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 16th of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Build Portfolio with Canada Goose
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
Additional Tools for Canada Stock Analysis
When running Canada Goose's price analysis, check to measure Canada Goose'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 Canada Goose is operating at the current time. Most of Canada Goose's value examination focuses on studying past and present price action to predict the probability of Canada Goose's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Goose's price. Additionally, you may evaluate how the addition of Canada Goose to your portfolios can decrease your overall portfolio volatility.