Westamerica Bancorporation Stock Alpha and Beta Analysis
| WABC Stock | USD 57.54 0.03 0.05% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Westamerica Bancorporation. It also helps investors analyze the systematic and unsystematic risks associated with investing in Westamerica Bancorporation over a specified time horizon. Remember, high Westamerica Bancorporation'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 Westamerica Bancorporation's market risk premium analysis include:
Beta 2.03 | Alpha (0.02) | Risk 2.15 | Sharpe Ratio 0.0993 | Expected Return 0.21 |
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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.
Westamerica |
Westamerica Bancorporation Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Westamerica Bancorporation market risk premium is the additional return an investor will receive from holding Westamerica Bancorporation 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 Westamerica Bancorporation. 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 Westamerica Bancorporation's performance over market.| α | -0.02 | β | 2.03 |
Westamerica Bancorporation 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 Westamerica Bancorporation's Buy-and-hold return. Our buy-and-hold chart shows how Westamerica Bancorporation performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Westamerica Bancorporation Market Price Analysis
Market price analysis indicators help investors to evaluate how Westamerica Bancorporation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Westamerica Bancorporation shares will generate the highest return on investment. By understating and applying Westamerica Bancorporation stock market price indicators, traders can identify Westamerica Bancorporation position entry and exit signals to maximize returns.
Westamerica Bancorporation Return and Market Media
The median price of Westamerica Bancorporation for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 50.72 with a coefficient of variation of 6.71. The daily time series for the period is distributed with a sample standard deviation of 3.46, arithmetic mean of 51.55, and mean deviation of 2.73. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 15300 shares by Robert Baker of Westamerica Bancorporation at 49.7 subject to Rule 16b-3 | 09/16/2024 |
2 | Disposition of 748 shares by Brian Donohoe of Westamerica Bancorporation at 45.58 subject to Rule 16b-3 | 10/03/2024 |
3 | Westamerica Bancorporation Short Interest Update | 10/14/2024 |
4 | Westamerica Bancorporation DeclaresQuarterly Cash Dividend | 10/24/2024 |
5 | Disposition of 11272 shares by David Payne of Westamerica Bancorporation at 46.7897 subject to Rule 16b-3 | 11/06/2024 |
| Westamerica Bancorporation dividend paid on 15th of November 2024 | 11/15/2024 |
About Westamerica Bancorporation 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 Westamerica or other stocks. Alpha measures the amount that position in Westamerica Bancorporation 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 | 0.0286 | 0.0285 | 0.0305 | 0.0199 | Price To Sales Ratio | 7.22 | 5.99 | 5.3 | 5.17 |
Westamerica Bancorporation Upcoming Company Events
As portrayed in its financial statements, the presentation of Westamerica Bancorporation's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Westamerica Bancorporation's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Westamerica Bancorporation's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Westamerica Bancorporation. Please utilize our Beneish M Score to check the likelihood of Westamerica Bancorporation's management manipulating its earnings.
| 18th of April 2024 Upcoming Quarterly Report | View | |
| 18th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 16th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with Westamerica Bancorporation
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Check out Westamerica Bancorporation Backtesting, Westamerica Bancorporation Valuation, Westamerica Bancorporation Correlation, Westamerica Bancorporation Hype Analysis, Westamerica Bancorporation Volatility, Westamerica Bancorporation History and analyze Westamerica Bancorporation Performance. For information on how to trade Westamerica Stock refer to our How to Trade Westamerica Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Westamerica Bancorporation 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.