Alcon Ag Stock Alpha and Beta Analysis
| ALC Stock | USD 85.57 0.07 0.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Alcon AG. It also helps investors analyze the systematic and unsystematic risks associated with investing in Alcon AG over a specified time horizon. Remember, high Alcon AG'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 Alcon AG's market risk premium analysis include:
Beta 0.44 | Alpha (0.20) | Risk 1.22 | Sharpe Ratio (0.13) | Expected Return (0.16) |
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.
Alcon |
Alcon AG Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Alcon AG market risk premium is the additional return an investor will receive from holding Alcon AG 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 Alcon AG. 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 Alcon AG's performance over market.| α | -0.2 | β | 0.44 |
Alcon AG 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 Alcon AG's Buy-and-hold return. Our buy-and-hold chart shows how Alcon AG performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Alcon AG Market Price Analysis
Market price analysis indicators help investors to evaluate how Alcon AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alcon AG shares will generate the highest return on investment. By understating and applying Alcon AG stock market price indicators, traders can identify Alcon AG position entry and exit signals to maximize returns.
Alcon AG Return and Market Media
The median price of Alcon AG for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 95.43 with a coefficient of variation of 4.19. The daily time series for the period is distributed with a sample standard deviation of 3.97, arithmetic mean of 94.77, and mean deviation of 2.93. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Blade Runner 2049 producer sues Elon Musk, Warner Bros. Discovery over Tesla Cybercab launch | 10/21/2024 |
2 | Tesla, Warner Bros. sued for using AI ripoff of iconic Blade Runner imagery | 10/22/2024 |
3 | Tesla CEO Elon Musk Sours On Blade Runner 2049 After EV Giant Gets Sued Over False Endorsement Accusations That Movie Sucked | 10/23/2024 |
4 | Tarsus Pharmaceuticals stock seesaws amid report Alcon interest has cooled | 11/06/2024 |
5 | Alcon Debuts Groundbreaking PRECISION7, a One-Week Replacement Contact Lens to Start and End Every Week Fresh | 11/07/2024 |
6 | Alcon Inc Shares Down 5.08 percent on Nov 12 | 11/12/2024 |
7 | Earnings Snapshot Alcon reports mixed Q3 results lowers FY24 outlook below estimates | 11/13/2024 |
8 | Q3 2024 Alcon AG Earnings Call Transcript | 11/14/2024 |
9 | NHS to expand digital eye screening programme | 11/18/2024 |
10 | Are You a Growth Investor This 1 Stock Could Be the Perfect Pick | 11/19/2024 |
11 | Earnings call Lifecore Biomedical Q1 fiscal 2025 shows steady growth | 11/21/2024 |
About Alcon AG 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 Alcon or other stocks. Alpha measures the amount that position in Alcon AG 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.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.003066 | 0.003012 | 0.001959 | Price To Sales Ratio | 3.86 | 3.82 | 4.64 |
Alcon AG Upcoming Company Events
As portrayed in its financial statements, the presentation of Alcon AG's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alcon AG's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Alcon AG's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Alcon AG. Please utilize our Beneish M Score to check the likelihood of Alcon AG's management manipulating its earnings.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th 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 Alcon AG
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
Check out Alcon AG Backtesting, Alcon AG Valuation, Alcon AG Correlation, Alcon AG Hype Analysis, Alcon AG Volatility, Alcon AG History and analyze Alcon AG Performance. For information on how to trade Alcon Stock refer to our How to Trade Alcon Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Alcon AG 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.