Largo Resources Stock Alpha and Beta Analysis
| LGO Stock | USD 2.17 0.10 4.83% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Largo Resources. It also helps investors analyze the systematic and unsystematic risks associated with investing in Largo Resources over a specified time horizon. Remember, high Largo Resources' 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 Largo Resources' market risk premium analysis include:
Beta 1.56 | Alpha (0.02) | Risk 4.64 | Sharpe Ratio 0.0547 | Expected Return 0.25 |
Enterprise Value |
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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.
Largo |
Largo Resources Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Largo Resources market risk premium is the additional return an investor will receive from holding Largo Resources 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 Largo Resources. 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 Largo Resources' performance over market.| α | -0.02 | β | 1.56 |
Largo Resources 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 Largo Resources' Buy-and-hold return. Our buy-and-hold chart shows how Largo Resources performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Largo Resources Market Price Analysis
Market price analysis indicators help investors to evaluate how Largo Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Largo Resources shares will generate the highest return on investment. By understating and applying Largo Resources stock market price indicators, traders can identify Largo Resources position entry and exit signals to maximize returns.
Largo Resources Return and Market Media
The median price of Largo Resources for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 1.98 with a coefficient of variation of 12.22. The daily time series for the period is distributed with a sample standard deviation of 0.24, arithmetic mean of 2.0, and mean deviation of 0.18. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Family gets 13K after child misses years of school | 09/04/2024 |
2 | Largos Buy Rating Reiterated at HC Wainwright | 10/25/2024 |
3 | Largo Resources Reports Cost Cuts and Production Growth - TipRanks | 11/14/2024 |
4 | HC Wainwright Has Lowered Expectations for Largo Stock Price | 11/18/2024 |
About Largo Resources 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 Largo or other stocks. Alpha measures the amount that position in Largo Resources 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) | Payables Turnover | 9.47 | 4.71 | 4.22 | 3.26 | Days Of Inventory On Hand | 124.37 | 138.11 | 128.58 | 140.95 |
Largo Resources Upcoming Company Events
As portrayed in its financial statements, the presentation of Largo Resources' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Largo Resources' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Largo Resources' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Largo Resources. Please utilize our Beneish M Score to check the likelihood of Largo Resources' management manipulating its earnings.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 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 Largo Resources
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
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Check out Largo Resources Backtesting, Largo Resources Valuation, Largo Resources Correlation, Largo Resources Hype Analysis, Largo Resources Volatility, Largo Resources History and analyze Largo Resources Performance. To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Largo Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.