Carriage Services Stock Alpha and Beta Analysis
| CSV Stock | USD 40.65 1.44 3.67% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Carriage Services. It also helps investors analyze the systematic and unsystematic risks associated with investing in Carriage Services over a specified time horizon. Remember, high Carriage Services' 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 Carriage Services' market risk premium analysis include:
Beta 0.56 | Alpha 0.29 | Risk 2.25 | Sharpe Ratio 0.16 | Expected Return 0.37 |
Carriage Services 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.
Carriage |
Carriage Services Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Carriage Services market risk premium is the additional return an investor will receive from holding Carriage Services 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 Carriage Services. 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 Carriage Services' performance over market.| α | 0.29 | β | 0.56 |
Carriage Services 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 Carriage Services' Buy-and-hold return. Our buy-and-hold chart shows how Carriage Services performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Carriage Services Market Price Analysis
Market price analysis indicators help investors to evaluate how Carriage Services stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carriage Services shares will generate the highest return on investment. By understating and applying Carriage Services stock market price indicators, traders can identify Carriage Services position entry and exit signals to maximize returns.
Carriage Services Return and Market Media
The median price of Carriage Services for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 32.72 with a coefficient of variation of 8.67. The daily time series for the period is distributed with a sample standard deviation of 2.94, arithmetic mean of 33.85, and mean deviation of 2.45. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Carriage Services dividend paid on 3rd of September 2024 | 09/03/2024 |
1 | Disposition of 463 shares by Adeola Olaniyan of Carriage Services at 25.58 subject to Rule 16b-3 | 09/05/2024 |
2 | Acquisition by Brudnicki Greg M of 152 shares of Carriage Services at 32.83 subject to Rule 16b-3 | 09/30/2024 |
3 | Acquisition by Fargason Charles of 1370 shares of Carriage Services at 32.83 subject to Rule 16b-3 | 10/02/2024 |
4 | Q2 2024 Carriage Services Inc Earnings Call Transcript | 10/09/2024 |
5 | Disposition of 14000 shares by Melvin Payne of Carriage Services at 27.42 subject to Rule 16b-3 | 10/16/2024 |
6 | Carriage Q3 2024 Earnings Preview | 10/29/2024 |
7 | Carriage Non-GAAP EPS of 0.64, revenue of 100.7M | 10/30/2024 |
8 | Earnings call Carriage Services posts strong Q3 results, raises guidance | 11/01/2024 |
9 | Carriage services Sr. VP Elliott sells shares worth 188,900 | 11/06/2024 |
10 | Carriage Services, Inc. VP Paul Donald Elliott Sells 5,000 Shares | 11/07/2024 |
11 | Does Carriage Services Have the Potential to Rally 25.3 percent as Wall Street Analysts Expect | 11/14/2024 |
About Carriage Services 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 Carriage or other stocks. Alpha measures the amount that position in Carriage Services 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 | 0.006475 | 0.0165 | 0.0181 | 0.019 | Price To Sales Ratio | 2.98 | 1.11 | 0.97 | 1.42 |
Carriage Services Upcoming Company Events
As portrayed in its financial statements, the presentation of Carriage Services' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Carriage Services' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Carriage Services' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Carriage Services. Please utilize our Beneish M Score to check the likelihood of Carriage Services' management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th 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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Additional Tools for Carriage Stock Analysis
When running Carriage Services' price analysis, check to measure Carriage Services' 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 Carriage Services is operating at the current time. Most of Carriage Services' value examination focuses on studying past and present price action to predict the probability of Carriage Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carriage Services' price. Additionally, you may evaluate how the addition of Carriage Services to your portfolios can decrease your overall portfolio volatility.