Southwest Gas Holdings Stock Alpha and Beta Analysis
| SWX Stock | USD 78.30 0.23 0.29% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Southwest Gas Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Southwest Gas over a specified time horizon. Remember, high Southwest Gas' 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 Southwest Gas' market risk premium analysis include:
Beta 0.44 | Alpha 0.0797 | Risk 1.45 | Sharpe Ratio 0.0959 | Expected Return 0.14 |
Southwest Gas 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.
Southwest |
Southwest Gas Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Southwest Gas market risk premium is the additional return an investor will receive from holding Southwest Gas 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 Southwest Gas. 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 Southwest Gas' performance over market.| α | 0.08 | β | 0.44 |
Southwest Gas 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 Southwest Gas' Buy-and-hold return. Our buy-and-hold chart shows how Southwest Gas performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Southwest Gas Market Price Analysis
Market price analysis indicators help investors to evaluate how Southwest Gas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Southwest Gas shares will generate the highest return on investment. By understating and applying Southwest Gas stock market price indicators, traders can identify Southwest Gas position entry and exit signals to maximize returns.
Southwest Gas Return and Market Media
The median price of Southwest Gas for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 73.2 with a coefficient of variation of 3.37. The daily time series for the period is distributed with a sample standard deviation of 2.48, arithmetic mean of 73.47, and mean deviation of 1.81. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Julie Williams of tradable shares of Southwest Gas at 62.16 subject to Rule 16b-3 | 09/13/2024 |
2 | Southwest Gas PT Raised to 78.00 at Wells Fargo Company | 09/27/2024 |
3 | Southwest Gas Holdings, Inc. to Report Third Quarter 2024 Results on November 6, 2024 | 10/23/2024 |
4 | Southwest Gas Named Innovative Philanthropic Company of the Year | 11/04/2024 |
5 | Southwest Gas Holdings Inc Q3 2024 Earnings Report Preview What to Look For | 11/05/2024 |
6 | Southwest Gas Non-GAAP EPS of 0.09 misses by 0.07 | 11/06/2024 |
7 | Southwest Gas Holdings Inc Q3 2024 Earnings Call Highlights Strong Customer Growth and ... | 11/07/2024 |
8 | Disposition of 514 shares by Lori Colvin of Southwest Gas at 63.35 subject to Rule 16b-3 | 11/13/2024 |
9 | Disposition of 1390000 shares by Icahn Carl C of Southwest Gas at 76.74 subject to Rule 16b-3 | 11/19/2024 |
10 | Spire Q4 Loss Wider Than Expected, Revenues Decline YY | 11/20/2024 |
11 | Southwest Gas Holdings Experiences Stake Reduction and Analyst Activity | 11/27/2024 |
About Southwest Gas 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 Southwest or other stocks. Alpha measures the amount that position in Southwest Gas Holdings 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 | 0.0334 | 0.0396 | 0.0389 | 0.0363 | Price To Sales Ratio | 1.13 | 0.82 | 0.83 | 0.62 |
Southwest Gas Upcoming Company Events
As portrayed in its financial statements, the presentation of Southwest Gas' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Southwest Gas' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Southwest Gas' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Southwest Gas. Please utilize our Beneish M Score to check the likelihood of Southwest Gas' management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th 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 Southwest Gas
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 Southwest Stock Analysis
When running Southwest Gas' price analysis, check to measure Southwest Gas' 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 Southwest Gas is operating at the current time. Most of Southwest Gas' value examination focuses on studying past and present price action to predict the probability of Southwest Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Gas' price. Additionally, you may evaluate how the addition of Southwest Gas to your portfolios can decrease your overall portfolio volatility.