Spx Corp Stock Alpha and Beta Analysis
| SPXC Stock | USD 176.01 3.46 2.01% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SPX Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in SPX Corp over a specified time horizon. Remember, high SPX Corp'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 SPX Corp's market risk premium analysis include:
Beta 2.32 | Alpha (0.05) | Risk 2.51 | Sharpe Ratio 0.0775 | Expected Return 0.19 |
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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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SPX Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SPX Corp market risk premium is the additional return an investor will receive from holding SPX Corp 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 SPX Corp. 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 SPX Corp's performance over market.| α | -0.05 | β | 2.32 |
SPX Corp 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 SPX Corp's Buy-and-hold return. Our buy-and-hold chart shows how SPX Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.SPX Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how SPX Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SPX Corp shares will generate the highest return on investment. By understating and applying SPX Corp stock market price indicators, traders can identify SPX Corp position entry and exit signals to maximize returns.
SPX Corp Return and Market Media
The median price of SPX Corp for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 159.76 with a coefficient of variation of 5.05. The daily time series for the period is distributed with a sample standard deviation of 8.04, arithmetic mean of 159.31, and mean deviation of 6.07. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 1328 shares by Sean McClenaghan of SPX Corp at 159.46 subject to Rule 16b-3 | 10/01/2024 |
2 | Insider Trading | 10/02/2024 |
3 | SPX Technologies Inc Shares Up 3.32 percent on Oct 11 | 10/11/2024 |
4 | Disposition of 190 shares by NaTausha White of SPX Corp at 32.69 subject to Rule 16b-3 | 10/16/2024 |
5 | Insiders At SPX Technologies Sold US7.9m In Stock, Alluding To Potential Weakness | 10/21/2024 |
6 | SPX Technologies Upgraded to Buy What Does It Mean for the Stock | 10/23/2024 |
7 | SPX Technologies Q3 2024 Earnings Preview | 10/29/2024 |
8 | SPX Technologies Reports Third Quarter 2024 Results | 10/30/2024 |
9 | SPX Technologies Inc Q3 2024 Earnings Call Highlights Strong HVAC Growth and Margin ... | 10/31/2024 |
10 | SPX Technologies Loses -9.53 percent in 4 Weeks, Heres Why a Trend Reversal May be Around the Corner | 11/01/2024 |
11 | SPX Technologies Inc Shares Up 3.3 percent on Nov 5 | 11/05/2024 |
12 | Price Over Earnings Overview SPX Techs | 11/14/2024 |
13 | SPX Technologies Inc Shares Up 3.19 percent on Nov 21 | 11/21/2024 |
About SPX Corp 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 SPX or other stocks. Alpha measures the amount that position in SPX Corp 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 | 0.77 | 0.81 | Price To Sales Ratio | 2.64 | 2.77 |
SPX Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of SPX Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SPX Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of SPX Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of SPX Corp. Please utilize our Beneish M Score to check the likelihood of SPX Corp's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd 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 SPX Corp
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 SPX Corp Backtesting, SPX Corp Valuation, SPX Corp Correlation, SPX Corp Hype Analysis, SPX Corp Volatility, SPX Corp History and analyze SPX Corp Performance. For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
SPX Corp 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.