Essent Group Stock Alpha and Beta Analysis
| ESNT Stock | USD 58.12 1.36 2.40% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Essent Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Essent over a specified time horizon. Remember, high Essent'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 Essent's market risk premium analysis include:
Beta 0.91 | Alpha (0.22) | Risk 1.87 | Sharpe Ratio (0.06) | Expected Return (0.12) |
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.
Essent |
Essent Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Essent market risk premium is the additional return an investor will receive from holding Essent 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 Essent. 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 Essent's performance over market.| α | -0.22 | β | 0.91 |
Essent 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 Essent's Buy-and-hold return. Our buy-and-hold chart shows how Essent performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Essent Market Price Analysis
Market price analysis indicators help investors to evaluate how Essent stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Essent shares will generate the highest return on investment. By understating and applying Essent stock market price indicators, traders can identify Essent position entry and exit signals to maximize returns.
Essent Return and Market Media
The median price of Essent for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 62.76 with a coefficient of variation of 5.54. The daily time series for the period is distributed with a sample standard deviation of 3.39, arithmetic mean of 61.24, and mean deviation of 2.81. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Essent dividend paid on 10th of September 2024 | 09/10/2024 |
1 | Disposition of 2000 shares by David Weinstock of Essent at 63.59 subject to Rule 16b-3 | 09/18/2024 |
2 | Should Value Investors Buy Essent Group Stock | 10/02/2024 |
3 | PennyMac Financial Q3 Earnings Top Estimates | 10/22/2024 |
4 | Onity Group to Report Q3 Results Wall Street Expects Earnings Growth | 10/29/2024 |
5 | Essent Group GAAP EPS of 1.65 misses by 0.09, revenue of 316.58M in-line | 11/01/2024 |
6 | Essent Group Issues Quarterly Earnings Results | 11/05/2024 |
About Essent 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 Essent or other stocks. Alpha measures the amount that position in Essent Group 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 | 0.0154 | 0.0221 | 0.019 | 0.0106 | Price To Sales Ratio | 5.21 | 4.29 | 5.16 | 4.9 |
Essent Upcoming Company Events
As portrayed in its financial statements, the presentation of Essent's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Essent's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Essent's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Essent. Please utilize our Beneish M Score to check the likelihood of Essent's management manipulating its earnings.
| 9th of February 2024 Upcoming Quarterly Report | View | |
| 3rd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 9th of February 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 Essent
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Additional Tools for Essent Stock Analysis
When running Essent's price analysis, check to measure Essent'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 Essent is operating at the current time. Most of Essent's value examination focuses on studying past and present price action to predict the probability of Essent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essent's price. Additionally, you may evaluate how the addition of Essent to your portfolios can decrease your overall portfolio volatility.