Calumet Specialty Products Stock Alpha and Beta Analysis
| CLMT Stock | USD 22.40 0.24 1.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Calumet Specialty Products. It also helps investors analyze the systematic and unsystematic risks associated with investing in Calumet Specialty over a specified time horizon. Remember, high Calumet Specialty'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 Calumet Specialty's market risk premium analysis include:
Beta 0.0325 | Alpha 0.21 | Risk 3.8 | Sharpe Ratio 0.11 | Expected Return 0.41 |
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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.
Calumet |
Calumet Specialty Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Calumet Specialty market risk premium is the additional return an investor will receive from holding Calumet Specialty 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 Calumet Specialty. 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 Calumet Specialty's performance over market.| α | 0.21 | β | 0.03 |
Calumet Specialty 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 Calumet Specialty's Buy-and-hold return. Our buy-and-hold chart shows how Calumet Specialty performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Calumet Specialty Market Price Analysis
Market price analysis indicators help investors to evaluate how Calumet Specialty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Calumet Specialty shares will generate the highest return on investment. By understating and applying Calumet Specialty stock market price indicators, traders can identify Calumet Specialty position entry and exit signals to maximize returns.
Calumet Specialty Return and Market Media
The median price of Calumet Specialty for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 20.26 with a coefficient of variation of 9.5. The daily time series for the period is distributed with a sample standard deviation of 1.86, arithmetic mean of 19.6, and mean deviation of 1.64. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Sajkowski Daniel J of 7490 shares of Calumet Specialty subject to Rule 16b-3 | 09/13/2024 |
2 | Calumet Announces New Funding Agreement with Stonebriar | 10/03/2024 |
3 | Calculating The Fair Value Of Calumet, Inc. | 10/23/2024 |
4 | Disposition of 11111 shares by Gregory Morical of Calumet Specialty at 15.04 subject to Rule 16b-3 | 10/28/2024 |
5 | Recent Investment Analysts Ratings Changes for Calumet Specialty Products Partners | 11/07/2024 |
6 | Calumet Reports Third Quarter 2024 Results | 11/08/2024 |
7 | HC Wainwright Reiterates Buy Rating for Calumet Specialty Products Partners | 11/11/2024 |
8 | Disposition of 100000 shares by Straumins Jennifer of Calumet Specialty at 20.05 subject to Rule 16b-3 | 11/13/2024 |
9 | Disposition of 900 shares by Louis Borgmann of Calumet Specialty at 20.0 subject to Rule 16b-3 | 11/21/2024 |
10 | Calumet Announces Expiration and Final Results for its Exchange Offer for any and all of the Outstanding 11.00 percent Senior Notes due 2025 | 11/22/2024 |
About Calumet Specialty 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 Calumet or other stocks. Alpha measures the amount that position in Calumet Specialty 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) | Payables Turnover | 9.98 | 9.81 | 11.58 | 14.29 | Days Of Inventory On Hand | 39.67 | 41.92 | 43.01 | 30.91 |
Calumet Specialty Upcoming Company Events
As portrayed in its financial statements, the presentation of Calumet Specialty's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Calumet Specialty's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Calumet Specialty's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Calumet Specialty. Please utilize our Beneish M Score to check the likelihood of Calumet Specialty's management manipulating its earnings.
| 20th of March 2024 Upcoming Quarterly Report | View | |
| 3rd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of March 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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Additional Tools for Calumet Stock Analysis
When running Calumet Specialty's price analysis, check to measure Calumet Specialty'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 Calumet Specialty is operating at the current time. Most of Calumet Specialty's value examination focuses on studying past and present price action to predict the probability of Calumet Specialty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calumet Specialty's price. Additionally, you may evaluate how the addition of Calumet Specialty to your portfolios can decrease your overall portfolio volatility.