Oneok Inc Stock Alpha and Beta Analysis
| OKE Stock | USD 111.52 5.53 4.72% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ONEOK Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in ONEOK over a specified time horizon. Remember, high ONEOK'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 ONEOK's market risk premium analysis include:
Beta 0.67 | Alpha 0.38 | Risk 1.68 | Sharpe Ratio 0.24 | Expected Return 0.4 |
ONEOK 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.
ONEOK |
ONEOK Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ONEOK market risk premium is the additional return an investor will receive from holding ONEOK 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 ONEOK. 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 ONEOK's performance over market.| α | 0.38 | β | 0.67 |
ONEOK 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 ONEOK's Buy-and-hold return. Our buy-and-hold chart shows how ONEOK performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ONEOK Market Price Analysis
Market price analysis indicators help investors to evaluate how ONEOK stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ONEOK shares will generate the highest return on investment. By understating and applying ONEOK stock market price indicators, traders can identify ONEOK position entry and exit signals to maximize returns.
ONEOK Return and Market Media
The median price of ONEOK for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 94.01 with a coefficient of variation of 7.93. The daily time series for the period is distributed with a sample standard deviation of 7.62, arithmetic mean of 96.08, and mean deviation of 5.56. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 3379 shares by Pattye Moore of ONEOK at 92.01 subject to Rule 16b-3 | 09/05/2024 |
2 | Acquisition by Lyndon Taylor of tradable shares of ONEOK at 95.27 subject to Rule 16b-3 | 09/23/2024 |
3 | Acquisition by Kevin Burdick of tradable shares of ONEOK at 95.27 subject to Rule 16b-3 | 09/25/2024 |
4 | ONEOK Replaces Three EnLink Board Directors Post Acquisition Close | 10/16/2024 |
5 | ONEOK Inc Q3 2024 Earnings EPS at 1.18, Revenue Hits 5.023 Billion, Misses Estimates | 10/29/2024 |
6 | Acquisition by Lyndon Taylor of tradable shares of ONEOK at 98.61 subject to Rule 16b-3 | 11/05/2024 |
7 | EnLink shares downgraded by Raymond James to Market Perform | 11/08/2024 |
8 | Acquisition by Hoskin James R of tradable shares of ONEOK at 104.14 subject to Rule 16b-3 | 11/12/2024 |
9 | Apollon Wealth Management LLC Cuts Position in ONEOK, Inc. | 11/13/2024 |
| ONEOK dividend paid on 14th of November 2024 | 11/14/2024 |
11 | Natixis Advisors LLC Increases Stock Holdings in ONEOK, Inc. | 11/18/2024 |
12 | Verity Verity LLC Has 23.81 Million Position in ONEOK, Inc. | 11/19/2024 |
13 | DT Midstream to Acquire 3.7 Bcfd Midwest Pipelines from ONEOK | 11/20/2024 |
14 | ONEOK Inc Shares Up 3.17 percent on Nov 21 | 11/21/2024 |
15 | Cypress Capital Group Decreases Position in ONEOK, Inc. | 11/22/2024 |
About ONEOK 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 ONEOK or other stocks. Alpha measures the amount that position in ONEOK Inc 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 | 2023 | 2024 (projected) | Dividend Yield | 0.0636 | 0.0541 | 0.0402 | Price To Sales Ratio | 1.59 | 1.92 | 2.02 |
ONEOK Upcoming Company Events
As portrayed in its financial statements, the presentation of ONEOK's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ONEOK's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of ONEOK's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of ONEOK. Please utilize our Beneish M Score to check the likelihood of ONEOK's management manipulating its earnings.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th 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 ONEOK
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Align your risk with return expectations
Check out ONEOK Backtesting, ONEOK Valuation, ONEOK Correlation, ONEOK Hype Analysis, ONEOK Volatility, ONEOK History and analyze ONEOK Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
ONEOK 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.