Techprecision Common Stock Alpha and Beta Analysis
| TPCS Stock | USD 3.20 0.12 3.90% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as TechPrecision Common. It also helps investors analyze the systematic and unsystematic risks associated with investing in TechPrecision Common over a specified time horizon. Remember, high TechPrecision Common'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 TechPrecision Common's market risk premium analysis include:
Beta 1.18 | Alpha (0.30) | Risk 3.43 | Sharpe Ratio (0.02) | Expected Return (0.08) |
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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.
TechPrecision |
TechPrecision Common Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. TechPrecision Common market risk premium is the additional return an investor will receive from holding TechPrecision Common 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 TechPrecision Common. 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 TechPrecision Common's performance over market.| α | -0.3 | β | 1.18 |
TechPrecision Common 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 TechPrecision Common's Buy-and-hold return. Our buy-and-hold chart shows how TechPrecision Common performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.TechPrecision Common Market Price Analysis
Market price analysis indicators help investors to evaluate how TechPrecision Common stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TechPrecision Common shares will generate the highest return on investment. By understating and applying TechPrecision Common stock market price indicators, traders can identify TechPrecision Common position entry and exit signals to maximize returns.
TechPrecision Common Return and Market Media
The median price of TechPrecision Common for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 3.3 with a coefficient of variation of 8.16. The daily time series for the period is distributed with a sample standard deviation of 0.28, arithmetic mean of 3.38, and mean deviation of 0.23. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 3000 shares by Levy Andrew A of TechPrecision Common subject to Rule 16b-3 | 09/13/2024 |
2 | Insider Trading | 09/20/2024 |
3 | TechPrecision Announces New Chief Financial Officer | 09/23/2024 |
4 | Acquisition by Richard Roomberg of 45000 shares of TechPrecision Common subject to Rule 16b-3 | 10/10/2024 |
5 | TechPrecision Co. Sees Significant Growth in Short Interest | 10/11/2024 |
6 | Disposition of 5000 shares by Levy Andrew A of TechPrecision Common subject to Rule 16b-3 | 10/21/2024 |
7 | Techprecision Corp Reports Q1 FY 2025 Revenue of 8.0 Million Amid Operational Challenges | 11/12/2024 |
8 | Earnings call TechPrecision reports mixed Q1 2025 results amid challenges | 11/15/2024 |
About TechPrecision Common 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 TechPrecision or other stocks. Alpha measures the amount that position in TechPrecision Common 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 | 0.0485 | 0.025 | Price To Sales Ratio | 0.97 | 0.85 |
TechPrecision Common Upcoming Company Events
As portrayed in its financial statements, the presentation of TechPrecision Common's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, TechPrecision Common's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of TechPrecision Common's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of TechPrecision Common. Please utilize our Beneish M Score to check the likelihood of TechPrecision Common's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with TechPrecision Common
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Additional Tools for TechPrecision Stock Analysis
When running TechPrecision Common's price analysis, check to measure TechPrecision Common'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 TechPrecision Common is operating at the current time. Most of TechPrecision Common's value examination focuses on studying past and present price action to predict the probability of TechPrecision Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TechPrecision Common's price. Additionally, you may evaluate how the addition of TechPrecision Common to your portfolios can decrease your overall portfolio volatility.