Matrix Service Co Stock Alpha and Beta Analysis
| MTRX Stock | USD 13.30 0.15 1.12% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Matrix Service Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in Matrix Service over a specified time horizon. Remember, high Matrix Service'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 Matrix Service's market risk premium analysis include:
Beta 0.17 | Alpha 0.46 | Risk 3.27 | Sharpe Ratio 0.15 | Expected Return 0.5 |
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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.
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Matrix Service Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Matrix Service market risk premium is the additional return an investor will receive from holding Matrix Service 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 Matrix Service. 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 Matrix Service's performance over market.| α | 0.46 | β | 0.17 |
Matrix Service 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 Matrix Service's Buy-and-hold return. Our buy-and-hold chart shows how Matrix Service performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Matrix Service Market Price Analysis
Market price analysis indicators help investors to evaluate how Matrix Service stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Matrix Service shares will generate the highest return on investment. By understating and applying Matrix Service stock market price indicators, traders can identify Matrix Service position entry and exit signals to maximize returns.
Matrix Service Return and Market Media
The median price of Matrix Service for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 11.39 with a coefficient of variation of 9.6. The daily time series for the period is distributed with a sample standard deviation of 1.1, arithmetic mean of 11.42, and mean deviation of 0.81. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | MTRX Stock Surge Driven by Strong Earnings and Future Prospects | 09/10/2024 |
2 | Matrix Service Company Publishes Fiscal 2024 Sustainability Report | 09/24/2024 |
3 | Matrix Service Co Shares Up 3.86 percent on Oct 9 | 10/09/2024 |
4 | Disposition of 1116 shares by Kevin Durkin of Matrix Service at 9.96 subject to Rule 16b-3 | 10/11/2024 |
5 | Disposition of 1969 shares by Alan Updyke of Matrix Service at 9.96 subject to Rule 16b-3 | 10/18/2024 |
6 | Matrix Service Company Sets Dates for Release of First Quarter Fiscal 2025 Financial Results and Conference Call | 10/22/2024 |
7 | Matrix Service Co Q1 2025 Earnings Report Preview What to Expect | 11/05/2024 |
8 | Matrix Service Fiscal Q1 Earnings Snapshot | 11/06/2024 |
9 | Matrix Service shareholders are up 14 percent this past week, but still in the red over the last five years | 11/07/2024 |
10 | Matrix Service Co Q1 2025 Earnings Call Highlights Navigating Challenges with Strategic ... | 11/08/2024 |
About Matrix Service 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 Matrix or other stocks. Alpha measures the amount that position in Matrix Service 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) | Days Sales Outstanding | 109.42 | 87.76 | 86.74 | 65.05 | PTB Ratio | 0.59 | 0.88 | 1.58 | 1.85 |
Matrix Service Upcoming Company Events
As portrayed in its financial statements, the presentation of Matrix Service's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Matrix Service's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Matrix Service's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Matrix Service. Please utilize our Beneish M Score to check the likelihood of Matrix Service's management manipulating its earnings.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 9th of September 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
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Additional Tools for Matrix Stock Analysis
When running Matrix Service's price analysis, check to measure Matrix Service'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 Matrix Service is operating at the current time. Most of Matrix Service's value examination focuses on studying past and present price action to predict the probability of Matrix Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matrix Service's price. Additionally, you may evaluate how the addition of Matrix Service to your portfolios can decrease your overall portfolio volatility.