Callaway Golf Stock Alpha and Beta Analysis
| MODG Stock | USD 8.60 0.45 5.52% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Callaway Golf. It also helps investors analyze the systematic and unsystematic risks associated with investing in Callaway Golf over a specified time horizon. Remember, high Callaway Golf'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 Callaway Golf's market risk premium analysis include:
Beta 0.92 | Alpha (0.52) | Risk 3.13 | Sharpe Ratio (0.12) | Expected Return (0.36) |
Enterprise Value |
|
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.
Callaway |
Callaway Golf Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Callaway Golf market risk premium is the additional return an investor will receive from holding Callaway Golf 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 Callaway Golf. 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 Callaway Golf's performance over market.| α | -0.52 | β | 0.92 |
Callaway Golf 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 Callaway Golf's Buy-and-hold return. Our buy-and-hold chart shows how Callaway Golf performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Callaway Golf Market Price Analysis
Market price analysis indicators help investors to evaluate how Callaway Golf stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Callaway Golf shares will generate the highest return on investment. By understating and applying Callaway Golf stock market price indicators, traders can identify Callaway Golf position entry and exit signals to maximize returns.
Callaway Golf Return and Market Media
The median price of Callaway Golf for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 10.2 with a coefficient of variation of 7.54. The daily time series for the period is distributed with a sample standard deviation of 0.76, arithmetic mean of 10.08, and mean deviation of 0.57. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Mark Leposky of 3007 shares of Callaway Golf subject to Rule 16b-3 | 09/06/2024 |
2 | E-bike crash deaths riot accused appear in court | 09/19/2024 |
3 | Disposition of 1476 shares by Glenn Hickey of Callaway Golf at 15.68 subject to Rule 16b-3 | 09/20/2024 |
4 | Disposition of 3007 shares by Mark Leposky of Callaway Golf subject to Rule 16b-3 | 10/04/2024 |
5 | Is TOPGOLF CALLAWY a Great Value Stock Right Now | 10/16/2024 |
6 | Lansing Street Advisors Invests 187,000 in Topgolf Callaway Brands Corp. | 11/04/2024 |
7 | TEGNA Inc. Beats Q3 Earnings and Revenue Estimates | 11/07/2024 |
8 | Topgolf Callaway Brands Non-GAAP EPS of 0.02 beats by 0.18, revenue of 1.01B beats by 28.16M | 11/12/2024 |
9 | Q3 2024 Topgolf Callaway Brands Corp Earnings Call Transcript | 11/13/2024 |
10 | Exclusive New Topgolf Sonic the Hedgehog Game to Launch at all Topgolf Venues Across the U.S. | 11/14/2024 |
11 | Why Topgolf Callaway Stock Was Slumping This Week | 11/15/2024 |
12 | Topgolf Breaks Ground on Second Venue in Minnesota | 11/21/2024 |
About Callaway Golf 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 Callaway or other stocks. Alpha measures the amount that position in Callaway Golf 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) | Days Sales Outstanding | 13.77 | 22.12 | 19.37 | 18.4 | PTB Ratio | 1.26 | 0.97 | 0.68 | 0.65 |
Callaway Golf Upcoming Company Events
As portrayed in its financial statements, the presentation of Callaway Golf's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Callaway Golf's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Callaway Golf's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Callaway Golf. Please utilize our Beneish M Score to check the likelihood of Callaway Golf's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th 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 Callaway Golf
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 Callaway Golf Backtesting, Callaway Golf Valuation, Callaway Golf Correlation, Callaway Golf Hype Analysis, Callaway Golf Volatility, Callaway Golf History and analyze Callaway Golf Performance. For more detail on how to invest in Callaway Stock please use our How to Invest in Callaway Golf guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Callaway Golf 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.