Corebridge Financial Stock Alpha and Beta Analysis
| CRBG Stock | USD 32.41 0.36 1.12% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Corebridge Financial. It also helps investors analyze the systematic and unsystematic risks associated with investing in Corebridge Financial over a specified time horizon. Remember, high Corebridge Financial'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 Corebridge Financial's market risk premium analysis include:
Beta 1.77 | Alpha (0) | Risk 2.2 | Sharpe Ratio 0.1 | Expected Return 0.22 |
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.
Corebridge |
Corebridge Financial Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Corebridge Financial market risk premium is the additional return an investor will receive from holding Corebridge Financial 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 Corebridge Financial. 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 Corebridge Financial's performance over market.| α | -0.0031 | β | 1.77 |
Corebridge Financial 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 Corebridge Financial's Buy-and-hold return. Our buy-and-hold chart shows how Corebridge Financial performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Corebridge Financial Market Price Analysis
Market price analysis indicators help investors to evaluate how Corebridge Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Corebridge Financial shares will generate the highest return on investment. By understating and applying Corebridge Financial stock market price indicators, traders can identify Corebridge Financial position entry and exit signals to maximize returns.
Corebridge Financial Return and Market Media
The median price of Corebridge Financial for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 30.33 with a coefficient of variation of 5.99. The daily time series for the period is distributed with a sample standard deviation of 1.79, arithmetic mean of 29.85, and mean deviation of 1.54. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Leone Deborah R of 7576 shares of Corebridge Financial subject to Rule 16b-3 | 09/13/2024 |
2 | Disposition of 5000000 shares by American International Group, Inc. of Corebridge Financial at 28.86 subject to Rule 16b-3 | 09/16/2024 |
| Corebridge Financial dividend paid on 30th of September 2024 | 09/30/2024 |
3 | Corebridge Financial Launches Registered Index-Linked Annuity , Becoming the Only Top 3 Annuity Provider with Products in Every Major Category | 10/07/2024 |
4 | Acquisition by Pinsky Bryan A of 13318 shares of Corebridge Financial subject to Rule 16b-3 | 10/15/2024 |
5 | Corebridge Financial Inc Q3 2024 Earnings Operating EPS of 1. ... | 11/04/2024 |
6 | Robeco Institutional Asset Management B.V. Increases Stake in Corebridge Financial, Inc. | 11/05/2024 |
7 | Q3 2024 Corebridge Financial Inc Earnings Call Transcript | 11/06/2024 |
8 | Disposition of 30000000 shares by American International Group, Inc. of Corebridge Financial at 31.2 subject to Rule 16b-3 | 11/07/2024 |
9 | Corebridge Financial Inc Stock Price Down 3.05 percent on Nov 8 | 11/08/2024 |
10 | Corebridge Financial, Inc. Major Shareholder International Group American Sells 30,000,000 Shares | 11/12/2024 |
11 | Corebridge Financial, Inc. Short Interest Down 9.6 percent in October | 11/19/2024 |
About Corebridge Financial 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 Corebridge or other stocks. Alpha measures the amount that position in Corebridge Financial 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) | Days Sales Outstanding | 13.79 | 12.53 | 11.64 | 16.17 | PTB Ratio | 0.49 | 1.58 | 1.18 | 0.65 |
Corebridge Financial Upcoming Company Events
As portrayed in its financial statements, the presentation of Corebridge Financial's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Corebridge Financial's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Corebridge Financial's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Corebridge Financial. Please utilize our Beneish M Score to check the likelihood of Corebridge Financial's management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th 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 Corebridge Financial Backtesting, Corebridge Financial Valuation, Corebridge Financial Correlation, Corebridge Financial Hype Analysis, Corebridge Financial Volatility, Corebridge Financial History and analyze Corebridge Financial Performance. For more detail on how to invest in Corebridge Stock please use our How to Invest in Corebridge Financial guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Corebridge Financial 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.