Cactus Inc Stock Alpha and Beta Analysis
| WHD Stock | USD 69.49 0.50 0.72% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Cactus Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Cactus over a specified time horizon. Remember, high Cactus' 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 Cactus' market risk premium analysis include:
Beta 2.01 | Alpha 0.0466 | Risk 2.7 | Sharpe Ratio 0.1 | Expected Return 0.28 |
Cactus Quarterly Cash And Equivalents |
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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.
Cactus |
Cactus Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Cactus market risk premium is the additional return an investor will receive from holding Cactus 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 Cactus. 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 Cactus' performance over market.| α | 0.05 | β | 2.01 |
Cactus 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 Cactus' Buy-and-hold return. Our buy-and-hold chart shows how Cactus performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Cactus Market Price Analysis
Market price analysis indicators help investors to evaluate how Cactus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cactus shares will generate the highest return on investment. By understating and applying Cactus stock market price indicators, traders can identify Cactus position entry and exit signals to maximize returns.
Cactus Return and Market Media
The median price of Cactus for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 61.11 with a coefficient of variation of 6.1. The daily time series for the period is distributed with a sample standard deviation of 3.73, arithmetic mean of 61.19, and mean deviation of 3.01. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 49560 shares by Cactus Wh Enterprises, Llc of Cactus subject to Rule 16b-3 | 09/06/2024 |
| Cactus dividend paid on 12th of September 2024 | 09/12/2024 |
2 | Should You Be Adding Cactus To Your Watchlist Today | 09/24/2024 |
3 | Disposition of 49560 shares by Joel Bender of Cactus subject to Rule 16b-3 | 10/25/2024 |
4 | Cactus, Inc. Beats Q3 Earnings and Revenue Estimates | 10/30/2024 |
5 | Cactus cut at Barclays as premium story looks fully priced in | 11/04/2024 |
6 | Insider Sale at Cactus Inc EVP and CEO Stephen Tadlock Sells 33,500 Shares | 11/05/2024 |
7 | Insider Sale at Cactus Inc EVP and Secretary William Marsh Sells 3,316 Shares | 11/06/2024 |
8 | Cactus Solid Earnings Are Supported By Other Strong Factors | 11/08/2024 |
9 | Disposition of 7000 shares by Gary Rosenthal of Cactus subject to Rule 16b-3 | 11/11/2024 |
10 | Principal Financial Group Expands Position in Cactus, Inc. | 11/14/2024 |
11 | Acquisition by Bruce Rothstein of 5000 shares of Cactus subject to Rule 16b-3 | 11/18/2024 |
12 | Disposition of 40000 shares by Bruce Rothstein of Cactus at 65.225 subject to Rule 16b-3 | 11/19/2024 |
13 | Disposition of 40915 shares by Cactus Wh Enterprises, Llc of Cactus subject to Rule 16b-3 | 11/20/2024 |
14 | Cactus, Inc. Director Bruce M. Rothstein Sells 5,000 Shares | 11/21/2024 |
About Cactus 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 Cactus or other stocks. Alpha measures the amount that position in Cactus Inc 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 | 0.0146 | 0.012 | 0.0103 | 0.0118 | Price To Sales Ratio | 4.82 | 4.4 | 2.68 | 4.58 |
Cactus Upcoming Company Events
As portrayed in its financial statements, the presentation of Cactus' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cactus' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Cactus' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Cactus. Please utilize our Beneish M Score to check the likelihood of Cactus' management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Cactus Backtesting, Cactus Valuation, Cactus Correlation, Cactus Hype Analysis, Cactus Volatility, Cactus History and analyze Cactus Performance. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Cactus 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.