Gildan Activewear Stock Alpha and Beta Analysis
| GIL Stock | USD 49.83 0.35 0.71% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Gildan Activewear. It also helps investors analyze the systematic and unsystematic risks associated with investing in Gildan Activewear over a specified time horizon. Remember, high Gildan Activewear'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 Gildan Activewear's market risk premium analysis include:
Beta 0.26 | Alpha 0.23 | Risk 0.98 | Sharpe Ratio 0.18 | Expected Return 0.17 |
Gildan Activewear 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.
Gildan |
Gildan Activewear Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Gildan Activewear market risk premium is the additional return an investor will receive from holding Gildan Activewear 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 Gildan Activewear. 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 Gildan Activewear's performance over market.| α | 0.23 | β | 0.26 |
Gildan Activewear 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 Gildan Activewear's Buy-and-hold return. Our buy-and-hold chart shows how Gildan Activewear performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Gildan Activewear Market Price Analysis
Market price analysis indicators help investors to evaluate how Gildan Activewear stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gildan Activewear shares will generate the highest return on investment. By understating and applying Gildan Activewear stock market price indicators, traders can identify Gildan Activewear position entry and exit signals to maximize returns.
Gildan Activewear Return and Market Media
The median price of Gildan Activewear for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 46.97 with a coefficient of variation of 3.99. The daily time series for the period is distributed with a sample standard deviation of 1.87, arithmetic mean of 46.79, and mean deviation of 1.48. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Heres How Much 1000 Invested In Gildan Activewear 20 Years Ago Would Be Worth Today | 09/12/2024 |
| Gildan Activewear dividend paid on 16th of September 2024 | 09/16/2024 |
2 | Gildan Activewear Reports Next Week Wall Street Expects Earnings Growth | 10/24/2024 |
3 | Gildan Activewear will be beneficiary of consolidation as customers merge CEO | 10/31/2024 |
4 | Q3 2024 Gildan Activewear Inc Earnings Call Transcript | 11/01/2024 |
5 | 100 Invested In This Stock 20 Years Ago Would Be Worth 1,300 Today | 11/06/2024 |
6 | Hanesbrands Raises Profit Guidance on Q3 Earnings Sales Beat | 11/07/2024 |
7 | Groupe Dynamite Aims for 1.7 Billion Valuation in Canadian IPO | 11/11/2024 |
8 | Insight into Cooke Bieler LPs Recent Transaction with Dream Finders Homes Inc | 11/15/2024 |
9 | Under Armour Gains 48 percent in 6 Months How to Play the UAA Stock | 11/18/2024 |
10 | Deckers Trading Above 200 50-Day SMA An Opportunity for Investors | 11/21/2024 |
11 | Shoe Carnival Q3 Earnings Beat Estimates, Comparable Sales Dip YY | 11/22/2024 |
About Gildan Activewear 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 Gildan or other stocks. Alpha measures the amount that position in Gildan Activewear 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.
| 2017 | 2018 | 2023 | 2024 (projected) | Dividend Yield | 0.0117 | 0.0236 | 0.0227 | 0.0238 | Price To Sales Ratio | 2.63 | 1.56 | 1.82 | 1.75 |
Gildan Activewear Upcoming Company Events
As portrayed in its financial statements, the presentation of Gildan Activewear's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Gildan Activewear's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Gildan Activewear's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Gildan Activewear. Please utilize our Beneish M Score to check the likelihood of Gildan Activewear's 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 |
Build Portfolio with Gildan Activewear
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Check out Gildan Activewear Backtesting, Gildan Activewear Valuation, Gildan Activewear Correlation, Gildan Activewear Hype Analysis, Gildan Activewear Volatility, Gildan Activewear History and analyze Gildan Activewear Performance. For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Gildan Activewear 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.