Alight Inc Stock Alpha and Beta Analysis
| ALIT Stock | USD 7.99 0.03 0.37% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Alight Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Alight over a specified time horizon. Remember, high Alight'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 Alight's market risk premium analysis include:
Beta 1.42 | Alpha (0.04) | Risk 2.52 | Sharpe Ratio 0.0663 | Expected Return 0.17 |
Enterprise Value |
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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.
Alight |
Alight Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Alight market risk premium is the additional return an investor will receive from holding Alight 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 Alight. 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 Alight's performance over market.| α | -0.04 | β | 1.42 |
Alight 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 Alight's Buy-and-hold return. Our buy-and-hold chart shows how Alight performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Alight Market Price Analysis
Market price analysis indicators help investors to evaluate how Alight stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alight shares will generate the highest return on investment. By understating and applying Alight stock market price indicators, traders can identify Alight position entry and exit signals to maximize returns.
Alight Return and Market Media
The median price of Alight for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 7.26 with a coefficient of variation of 4.67. The daily time series for the period is distributed with a sample standard deviation of 0.34, arithmetic mean of 7.35, and mean deviation of 0.25. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 968 shares by Dinesh Tulsiani of Alight subject to Rule 16b-3 | 09/06/2024 |
2 | Disposition of 480 shares by Katie Rooney of Alight subject to Rule 16b-3 | 09/12/2024 |
3 | Alight Worklife Enabled Over 100 percent ROI and Significant Cost Savings, Total Economic Impact Study Finds | 09/19/2024 |
4 | Acquisition by Rushing Coretha M of 1351 shares of Alight subject to Rule 16b-3 | 09/30/2024 |
5 | Disposition of 47851 shares by Katie Rooney of Alight at 7.1149 subject to Rule 16b-3 | 10/16/2024 |
6 | Alight Reports Third Quarter 2024 Results | 11/12/2024 |
7 | Q3 2024 Alight Inc Earnings Call Transcript | 11/13/2024 |
8 | Alight Third Quarter 2024 Earnings Revenues Beat Expectations, EPS Lags | 11/14/2024 |
9 | Alight to Enhance the Employee Experience with Launch of Alight | 11/18/2024 |
10 | Insider Sale Chief Commercial Officer Gregory George Sells 84,929 Shares of Alight Inc | 11/19/2024 |
11 | Can Alight Run Higher on Rising Earnings Estimates | 11/22/2024 |
About Alight 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 Alight or other stocks. Alpha measures the amount that position in Alight 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.
| 2020 | 2024 (projected) | Dividend Yield | 0.002074 | 0.002266 | Price To Sales Ratio | 0.53 | 0.97 |
Alight Upcoming Company Events
As portrayed in its financial statements, the presentation of Alight's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alight's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Alight's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Alight. Please utilize our Beneish M Score to check the likelihood of Alight's management manipulating its earnings.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th 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 Alight
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Additional Tools for Alight Stock Analysis
When running Alight's price analysis, check to measure Alight'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 Alight is operating at the current time. Most of Alight's value examination focuses on studying past and present price action to predict the probability of Alight's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alight's price. Additionally, you may evaluate how the addition of Alight to your portfolios can decrease your overall portfolio volatility.