Lkq Corporation Stock Alpha and Beta Analysis
| LKQ Stock | USD 39.76 1.26 3.27% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as LKQ Corporation. It also helps investors analyze the systematic and unsystematic risks associated with investing in LKQ over a specified time horizon. Remember, high LKQ'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 LKQ's market risk premium analysis include:
Beta 0.88 | Alpha (0.22) | Risk 1.34 | Sharpe Ratio (0.1) | Expected Return (0.13) |
Enterprise Value |
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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.
LKQ |
LKQ Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. LKQ market risk premium is the additional return an investor will receive from holding LKQ 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 LKQ. 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 LKQ's performance over market.| α | -0.22 | β | 0.88 |
LKQ 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 LKQ's Buy-and-hold return. Our buy-and-hold chart shows how LKQ performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.LKQ Market Price Analysis
Market price analysis indicators help investors to evaluate how LKQ stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LKQ shares will generate the highest return on investment. By understating and applying LKQ stock market price indicators, traders can identify LKQ position entry and exit signals to maximize returns.
LKQ Return and Market Media
The median price of LKQ for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 38.85 with a coefficient of variation of 3.71. The daily time series for the period is distributed with a sample standard deviation of 1.45, arithmetic mean of 39.03, and mean deviation of 1.17. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 450000 shares by Valueact Holdings, L.p. of LKQ at 57.94 subject to Rule 16b-3 | 08/30/2024 |
2 | Disposition of 2074 shares by Justin Jude of LKQ at 41.35 subject to Rule 16b-3 | 09/03/2024 |
3 | Disposition of 1307 shares by Matthew McKay of LKQ at 41.35 subject to Rule 16b-3 | 09/05/2024 |
4 | Acquisition by Justin Jude of 2500 shares of LKQ at .9054 subject to Rule 16b-3 | 09/16/2024 |
5 | LKQ Q3 Earnings Report Preview What To Look For | 10/23/2024 |
6 | LKQ Q3 Earnings Snapshot | 10/24/2024 |
7 | LKQ Corporation Q3 2024 Earnings Call Transcript | 10/25/2024 |
8 | Disposition of 8531 shares by Dominick Zarcone of LKQ at 52.8236 subject to Rule 16b-3 | 10/28/2024 |
9 | LKQ Is Paying Out A Dividend Of 0.30 | 10/29/2024 |
10 | LKQ Co. Shares Acquired by Deroy Devereaux Private Investment Counsel Inc. | 11/01/2024 |
11 | Foster Motley Inc. Sells 9,995 Shares of LKQ Co. | 11/08/2024 |
12 | New South Capital Management Inc. Reduces Position in LKQ Co. | 11/12/2024 |
13 | Specialized Consumer Services Stocks Q3 Teardown LKQ Vs The Rest | 11/15/2024 |
14 | LKQ Trading Up 0.8 percent Whats Next | 11/21/2024 |
15 | Acquisition by John Meyne of 17283 shares of LKQ subject to Rule 16b-3 | 11/22/2024 |
About LKQ 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 LKQ or other stocks. Alpha measures the amount that position in LKQ Corporation 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.
| 2022 | 2024 (projected) | Dividend Yield | 0.0192 | 0.0125 | Price To Sales Ratio | 1.16 | 1.42 |
LKQ Upcoming Company Events
As portrayed in its financial statements, the presentation of LKQ's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, LKQ's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of LKQ's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of LKQ. Please utilize our Beneish M Score to check the likelihood of LKQ's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd 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 LKQ
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Additional Tools for LKQ Stock Analysis
When running LKQ's price analysis, check to measure LKQ'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 LKQ is operating at the current time. Most of LKQ's value examination focuses on studying past and present price action to predict the probability of LKQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LKQ's price. Additionally, you may evaluate how the addition of LKQ to your portfolios can decrease your overall portfolio volatility.