Caesarstone Stock Alpha and Beta Analysis
| CSTE Stock | USD 4.22 0.08 1.93% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Caesarstone. It also helps investors analyze the systematic and unsystematic risks associated with investing in Caesarstone over a specified time horizon. Remember, high Caesarstone'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 Caesarstone's market risk premium analysis include:
Beta 2.08 | Alpha (0.37) | Risk 3.05 | Sharpe Ratio (0.07) | Expected Return (0.20) |
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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.
Caesarstone |
Caesarstone Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Caesarstone market risk premium is the additional return an investor will receive from holding Caesarstone 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 Caesarstone. 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 Caesarstone's performance over market.| α | -0.37 | β | 2.08 |
Caesarstone 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 Caesarstone's Buy-and-hold return. Our buy-and-hold chart shows how Caesarstone performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Caesarstone Market Price Analysis
Market price analysis indicators help investors to evaluate how Caesarstone stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Caesarstone shares will generate the highest return on investment. By understating and applying Caesarstone stock market price indicators, traders can identify Caesarstone position entry and exit signals to maximize returns.
Caesarstone Return and Market Media
The median price of Caesarstone for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 4.48 with a coefficient of variation of 6.72. The daily time series for the period is distributed with a sample standard deviation of 0.3, arithmetic mean of 4.46, and mean deviation of 0.23. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | London Design Festival 2024 The emerging interiors trends to know | 09/23/2024 |
2 | Caesarstone Announces Date for Third Quarter 2024 Results | 10/30/2024 |
3 | Caesarstone earnings missed by 0.07, revenue fell short of estimates | 11/13/2024 |
4 | Earnings call Caesarstone Q3 2024 earnings reveal market headwinds | 11/14/2024 |
5 | Caesarstone Third Quarter 2024 Earnings US0.12 loss per share | 11/15/2024 |
About Caesarstone 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 Caesarstone or other stocks. Alpha measures the amount that position in Caesarstone 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) | Dividend Yield | 0.0273 | 0.0438 | 0.0504 | 0.0292 | Price To Sales Ratio | 0.61 | 0.29 | 0.23 | 0.22 |
Caesarstone Upcoming Company Events
As portrayed in its financial statements, the presentation of Caesarstone's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Caesarstone's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Caesarstone's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Caesarstone. Please utilize our Beneish M Score to check the likelihood of Caesarstone's management manipulating its earnings.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th 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 Caesarstone
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 Caesarstone Backtesting, Caesarstone Valuation, Caesarstone Correlation, Caesarstone Hype Analysis, Caesarstone Volatility, Caesarstone History and analyze Caesarstone Performance. For information on how to trade Caesarstone Stock refer to our How to Trade Caesarstone Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Caesarstone 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.