SGH Old Alpha and Beta Analysis
| SGHDelisted Stock | USD 20.41 0.36 1.80% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SGH Old. It also helps investors analyze the systematic and unsystematic risks associated with investing in SGH Old over a specified time horizon. Remember, high SGH Old'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 SGH Old's market risk premium analysis include:
Beta (0.15) | Alpha (0.50) | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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.
SGH |
SGH Old Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SGH Old market risk premium is the additional return an investor will receive from holding SGH Old 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 SGH Old. 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 SGH Old's performance over market.| α | -0.5 | β | -0.15 |
SGH Old Fundamentals Vs Peers
Comparing SGH Old's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze SGH Old's direct or indirect competition across all of the common fundamentals between SGH Old and the related equities. This way, we can detect undervalued stocks with similar characteristics as SGH Old or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of SGH Old's fundamental indicators could also be used in its relative valuation, which is a method of valuing SGH Old by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare SGH Old to competition |
| Fundamentals | SGH Old | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.0144 | -0.14 |
| Profit Margin | (0.14) % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 1.38 B | 16.62 B |
| Shares Outstanding | 52.91 M | 571.82 M |
| Shares Owned By Insiders | 2.45 % | 10.09 % |
SGH Old Opportunities
SGH Old Return and Market Media
The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 13333 shares by Jack Pacheco of Smart Global at 9.195 subject to Rule 16b-3 | 07/26/2024 |
2 | Forge Global Holdings, Inc. Reports Second Quarter Fiscal Year 2024 Results | 08/07/2024 |
3 | Disposition of 1541 shares by Anne Kuykendall of Smart Global at 26.0 subject to Rule 16b-3 | 08/29/2024 |
4 | Forge Global Names the Private Magnificent 7 the High-Performing Unicorns Driving the U.S. Innovation Economy | 09/11/2024 |
5 | SMART Modular Technologies Introduces Flash Memory Drives with SEU Mitigation for Remote Applications | 09/17/2024 |
6 | Disposition of 13334 shares by Jack Pacheco of Smart Global at 9.195 subject to Rule 16b-3 | 09/20/2024 |
7 | Disposition of 13334 shares by Jack Pacheco of Smart Global at 20.0203 subject to Rule 16b-3 | 09/24/2024 |
8 | SMART Global Holdings, Inc. Short Seller Sentiment Is Bearish On This Affordable Tech Stock | 09/25/2024 |
9 | Acquisition by Mark Adams of 138876 shares of Smart Global subject to Rule 16b-3 | 09/30/2024 |
10 | Oil Brokerage Acquires Blue Commodities, Expanding Physical Broking Capabilities | 10/09/2024 |
11 | SMART Global Holdings Inc Q4 2024 Everything You Need to Know Ahead of Earnings | 10/14/2024 |
About SGH Old 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 SGH or other delisted stocks. Alpha measures the amount that position in SGH Old 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.
SGH Old Upcoming Company Events
As portrayed in its financial statements, the presentation of SGH Old's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SGH Old's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of SGH Old's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of SGH Old. Please utilize our Beneish M Score to check the likelihood of SGH Old's management manipulating its earnings.
| 2nd of April 2024 Upcoming Quarterly Report | View | |
| 4th of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 10th of October 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of August 2023 Last Financial Announcement | View |
Build Portfolio with SGH Old
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
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Consideration for investing in SGH Stock
If you are still planning to invest in SGH Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SGH Old's history and understand the potential risks before investing.
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