Illinois Tool Works Stock Alpha and Beta Analysis
| ITW Stock | USD 276.04 0.47 0.17% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Illinois Tool Works. It also helps investors analyze the systematic and unsystematic risks associated with investing in Illinois Tool over a specified time horizon. Remember, high Illinois Tool'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 Illinois Tool's market risk premium analysis include:
Beta 0.91 | Alpha 0.0538 | Risk 1.02 | Sharpe Ratio 0.17 | Expected Return 0.17 |
Illinois Tool Quarterly Cash And Equivalents |
|
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.
Illinois |
Illinois Tool Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Illinois Tool market risk premium is the additional return an investor will receive from holding Illinois Tool 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 Illinois Tool. 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 Illinois Tool's performance over market.| α | 0.05 | β | 0.91 |
Illinois Tool 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 Illinois Tool's Buy-and-hold return. Our buy-and-hold chart shows how Illinois Tool performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Illinois Tool Market Price Analysis
Market price analysis indicators help investors to evaluate how Illinois Tool stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Illinois Tool shares will generate the highest return on investment. By understating and applying Illinois Tool stock market price indicators, traders can identify Illinois Tool position entry and exit signals to maximize returns.
Illinois Tool Return and Market Media
The median price of Illinois Tool for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 259.99 with a coefficient of variation of 3.54. The daily time series for the period is distributed with a sample standard deviation of 9.19, arithmetic mean of 259.54, and mean deviation of 7.37. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 213 shares by Javier Carbonell of Illinois Tool at 256.42 subject to Rule 16b-3 | 09/06/2024 |
| Illinois Tool dividend paid on 11th of October 2024 | 10/11/2024 |
2 | Generac Holdings Reports Next Week Wall Street Expects Earnings Growth | 10/24/2024 |
3 | Illinois Tool Works earnings beat by 0.14, revenue fell short of estimates | 10/30/2024 |
4 | Fractal Investments LLC Purchases New Stake in Illinois Tool Works Inc. | 11/06/2024 |
5 | Aptus Capital Advisors LLC Lowers Position in Illinois Tool Works Inc. | 11/15/2024 |
6 | Sawgrass Asset Management LLC Invests 203,000 in Illinois Tool Works Inc. | 11/18/2024 |
7 | OneAscent Financial Services LLC Invests 336,000 in Illinois Tool Works Inc. | 11/19/2024 |
8 | Fifth Third Wealth Advisors LLC Has 1.27 Million Stock Position in Illinois Tool Works Inc. | 11/20/2024 |
9 | King Luther Capital Management Corp Has 34.58 Million Stake in Illinois Tool Works Inc. | 11/21/2024 |
10 | Metalworking Fluids Market to Grow by USD 2.09 Billion , Driven by Rising Industrialization in Emerging Economies, AI Impacting Market Trends - Technavio | 11/25/2024 |
11 | Acrylic Adhesives Market Projecting Growth to 4.12 Billion by 2032, Reveals Transformative Insights Introspective Market Research | 11/26/2024 |
About Illinois Tool 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 Illinois or other stocks. Alpha measures the amount that position in Illinois Tool Works 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 | 0.0188 | 0.0226 | 0.0204 | 0.0135 | Price To Sales Ratio | 5.38 | 4.28 | 4.92 | 5.17 |
Illinois Tool Upcoming Company Events
As portrayed in its financial statements, the presentation of Illinois Tool's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Illinois Tool's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Illinois Tool's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Illinois Tool. Please utilize our Beneish M Score to check the likelihood of Illinois Tool's management manipulating its earnings.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Illinois Tool
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 Illinois Stock Analysis
When running Illinois Tool's price analysis, check to measure Illinois Tool'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 Illinois Tool is operating at the current time. Most of Illinois Tool's value examination focuses on studying past and present price action to predict the probability of Illinois Tool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Illinois Tool's price. Additionally, you may evaluate how the addition of Illinois Tool to your portfolios can decrease your overall portfolio volatility.