Crescent Point Energy Alpha and Beta Analysis
| CPGDelisted Stock | USD 7.99 0.01 0.12% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Crescent Point Energy. It also helps investors analyze the systematic and unsystematic risks associated with investing in Crescent Point over a specified time horizon. Remember, high Crescent Point'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 Crescent Point's market risk premium analysis include:
Beta 0.44 | Alpha (0.18) | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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.
Crescent |
Crescent Point Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Crescent Point market risk premium is the additional return an investor will receive from holding Crescent Point 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 Crescent Point. 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 Crescent Point's performance over market.| α | -0.18 | β | 0.44 |
Crescent Point Fundamentals Vs Peers
Comparing Crescent Point's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Crescent Point's direct or indirect competition across all of the common fundamentals between Crescent Point and the related equities. This way, we can detect undervalued stocks with similar characteristics as Crescent Point or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Crescent Point's fundamental indicators could also be used in its relative valuation, which is a method of valuing Crescent Point by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Crescent Point to competition |
| Fundamentals | Crescent Point | Peer Average |
| Price To Earning | 3.68 X | 28.72 X |
| Revenue | 3.19 B | 9.43 B |
| EBITDA | 2.17 B | 3.9 B |
| Net Income | 570.3 M | 570.98 M |
| Cash And Equivalents | 15.9 M | 2.7 B |
| Cash Per Share | 0.03 X | 5.01 X |
| Total Debt | 3.71 B | 5.32 B |
Crescent Point Opportunities
Crescent Point Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Burst water main leaves homes flooded | 04/29/2024 |
2 | Crescent Point Energy selling 600M of assets to Saturn Oil Gas | 05/07/2024 |
3 | Earnings call Crescent Energy boasts record Q1 production, strong cash flow | 05/08/2024 |
4 | Crescent Point reports Q1 loss due to non-cash impairment charge | 05/10/2024 |
5 | SC all-state baseball teams, players of year announced for 2024. See who made list | 05/13/2024 |
6 | Redslim and Kantar Collaborate to Unlock Data Potential for CPG and Retail industry | 07/10/2024 |
About Crescent Point 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 Crescent or other delisted stocks. Alpha measures the amount that position in Crescent Point Energy 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.
Crescent Point Upcoming Company Events
As portrayed in its financial statements, the presentation of Crescent Point's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Crescent Point's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Crescent Point's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Crescent Point. Please utilize our Beneish M Score to check the likelihood of Crescent Point's management manipulating its earnings.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 10th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 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 Crescent Point
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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Crescent Stock
If you are still planning to invest in Crescent Point Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Crescent Point's history and understand the potential risks before investing.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |