Washington Trust Bancorp Stock Alpha and Beta Analysis
| WASH Stock | USD 37.73 0.32 0.86% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Washington Trust Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Washington Trust over a specified time horizon. Remember, high Washington Trust'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 Washington Trust's market risk premium analysis include:
Beta 2.32 | Alpha 0.0271 | Risk 2.86 | Sharpe Ratio 0.11 | Expected Return 0.31 |
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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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Washington Trust Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Washington Trust market risk premium is the additional return an investor will receive from holding Washington Trust 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 Washington Trust. 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 Washington Trust's performance over market.| α | 0.03 | β | 2.32 |
Washington Trust 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 Washington Trust's Buy-and-hold return. Our buy-and-hold chart shows how Washington Trust performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Washington Trust Market Price Analysis
Market price analysis indicators help investors to evaluate how Washington Trust stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Washington Trust shares will generate the highest return on investment. By understating and applying Washington Trust stock market price indicators, traders can identify Washington Trust position entry and exit signals to maximize returns.
Washington Trust Return and Market Media
The median price of Washington Trust for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 32.28 with a coefficient of variation of 8.46. The daily time series for the period is distributed with a sample standard deviation of 2.84, arithmetic mean of 33.53, and mean deviation of 2.38. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 1900 shares by Anthony Botelho of Washington Trust at 48.5 subject to Rule 16b-3 | 09/04/2024 |
| Washington Trust dividend paid on 11th of October 2024 | 10/11/2024 |
2 | Disposition of 1900 shares by Anthony Botelho of Washington Trust at 54.59 subject to Rule 16b-3 | 10/18/2024 |
3 | Disposition of 166 shares by Anthony Botelho of Washington Trust subject to Rule 16b-3 | 10/24/2024 |
4 | Insider Trading | 11/12/2024 |
5 | Washington Trust workplace recognized by magazine | 11/14/2024 |
About Washington Trust 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 Washington or other stocks. Alpha measures the amount that position in Washington Trust Bancorp 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 | 0.0373 | 0.0463 | 0.07 | 0.0404 | Price To Sales Ratio | 4.26 | 3.72 | 2.9 | 2.78 |
Washington Trust Upcoming Company Events
As portrayed in its financial statements, the presentation of Washington Trust's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Washington Trust's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Washington Trust's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Washington Trust. Please utilize our Beneish M Score to check the likelihood of Washington Trust's management manipulating its earnings.
| 22nd of April 2024 Upcoming Quarterly Report | View | |
| 22nd of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 22nd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
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Check out Washington Trust Backtesting, Washington Trust Valuation, Washington Trust Correlation, Washington Trust Hype Analysis, Washington Trust Volatility, Washington Trust History and analyze Washington Trust Performance. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Washington Trust 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.