Allegheny Technologies Incorporated Stock Alpha and Beta Analysis
| ATI Stock | USD 59.30 1.14 1.96% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Allegheny Technologies Incorporated. It also helps investors analyze the systematic and unsystematic risks associated with investing in Allegheny Technologies over a specified time horizon. Remember, high Allegheny Technologies' 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 Allegheny Technologies' market risk premium analysis include:
Beta 1.85 | Alpha (0.35) | Risk 2.35 | Sharpe Ratio (0.05) | Expected Return (0.12) |
Allegheny Technologies 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.
Allegheny |
Allegheny Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Allegheny Technologies market risk premium is the additional return an investor will receive from holding Allegheny Technologies 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 Allegheny Technologies. 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 Allegheny Technologies' performance over market.| α | -0.35 | β | 1.85 |
Allegheny Technologies 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 Allegheny Technologies' Buy-and-hold return. Our buy-and-hold chart shows how Allegheny Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Allegheny Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how Allegheny Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Allegheny Technologies shares will generate the highest return on investment. By understating and applying Allegheny Technologies stock market price indicators, traders can identify Allegheny Technologies position entry and exit signals to maximize returns.
Allegheny Technologies Return and Market Media
The median price of Allegheny Technologies for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 62.55 with a coefficient of variation of 5.97. The daily time series for the period is distributed with a sample standard deviation of 3.67, arithmetic mean of 61.42, and mean deviation of 3.06. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 25000 shares by Robert Wetherbee of Allegheny Technologies at 61.61 subject to Rule 16b-3 | 09/16/2024 |
2 | Disposition of 531 shares by Tina Busch of Allegheny Technologies at 61.77 subject to Rule 16b-3 | 10/10/2024 |
3 | Disposition of 25000 shares by Robert Wetherbee of Allegheny Technologies at 62.23 subject to Rule 16b-3 | 10/15/2024 |
4 | Ati Inc executive chairman Robert S. Wetherbee sells 1.56 million in stock | 10/16/2024 |
5 | ATI Inc Q3 2024 Earnings EPS of 0.57 Misses Estimate, Revenue at 1.05 Billion Below Expectations | 10/29/2024 |
6 | ATI Inc Q3 2024 Earnings Call Highlights Navigating Challenges with Strategic Adjustments | 10/30/2024 |
7 | Susquehanna Cuts ATI Price Target to 70.00 | 10/31/2024 |
8 | ATI Physical Therapy Reports Third Quarter 2024 Results | 11/04/2024 |
9 | Are Options Traders Betting on a Big Move in ATI Stock | 11/11/2024 |
10 | FMR LLC Bolsters Portfolio with Strategic Acquisition of ATI Inc Shares | 11/13/2024 |
11 | Disposition of 25000 shares by Robert Wetherbee of Allegheny Technologies at 56.35 subject to Rule 16b-3 | 11/15/2024 |
12 | Is ATI Inc. the Best Nickel Stock to Invest in | 11/18/2024 |
13 | ATI Inc Shares Up 2.96 percent on Nov 22 | 11/22/2024 |
About Allegheny Technologies 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 Allegheny or other stocks. Alpha measures the amount that position in Allegheny Technologies 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.0103 | 0.009757 | Price To Sales Ratio | 1.4 | 1.47 |
Allegheny Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of Allegheny Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Allegheny Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Allegheny Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Allegheny Technologies. Please utilize our Beneish M Score to check the likelihood of Allegheny Technologies' management manipulating its earnings.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st 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 Allegheny Technologies Backtesting, Allegheny Technologies Valuation, Allegheny Technologies Correlation, Allegheny Technologies Hype Analysis, Allegheny Technologies Volatility, Allegheny Technologies History and analyze Allegheny Technologies Performance. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Allegheny Technologies 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.