Wag Group Co Stock Alpha and Beta Analysis
| PET Stock | USD 0.20 0.01 4.76% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Wag Group Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in Wag Group over a specified time horizon. Remember, high Wag Group'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 Wag Group's market risk premium analysis include:
Beta 0.7 | Alpha (1.21) | Risk 10.14 | Sharpe Ratio (0.14) | Expected Return (1.41) |
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.
Wag |
Wag Group Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Wag Group market risk premium is the additional return an investor will receive from holding Wag Group 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 Wag Group. 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 Wag Group's performance over market.| α | -1.21 | β | 0.70 |
Wag Group 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 Wag Group's Buy-and-hold return. Our buy-and-hold chart shows how Wag Group performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Wag Group Market Price Analysis
Market price analysis indicators help investors to evaluate how Wag Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wag Group shares will generate the highest return on investment. By understating and applying Wag Group stock market price indicators, traders can identify Wag Group position entry and exit signals to maximize returns.
Wag Group Return and Market Media
The median price of Wag Group for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 0.81 with a coefficient of variation of 29.56. The daily time series for the period is distributed with a sample standard deviation of 0.21, arithmetic mean of 0.73, and mean deviation of 0.15. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | JEPLAN Groups PET REFINE TECHNOLOGY Announces Brand Name HELIX for Its Recycled PET Resin, Produced with Proprietary PET Chemical Recycling Technology | 09/03/2024 |
2 | Acquisition by Szabo John P Jr of 61519 shares of Wag Group at 0.8204 subject to Rule 16b-3 | 09/19/2024 |
3 | PLAYMONSTER UK LAUNCH SPIROGRAPH DESIGN COMPETITION WITH TEACHERS PET FOR PRIMARY SCHOOLS | 10/11/2024 |
4 | Disposition of 8434 shares by Adam Storm of Wag Group at 1.48 subject to Rule 16b-3 | 11/06/2024 |
5 | Pet Valu Price Target Lowered to C34.00 at Raymond James | 11/07/2024 |
6 | Q1 Earnings Estimate for Pet Valu Issued By Atb Cap Markets | 11/08/2024 |
7 | Wag Reports Third Quarter 2024 Results | 11/13/2024 |
8 | VISIONAIRE LAUNCHES NEW WEBSITE THAT ADVANCES THE UNDERSTANDING OF FDA-APPROVED PET MEDICATIONS | 11/14/2024 |
9 | Wag Group Co. Analysts Just Slashed Next Years Estimates | 11/15/2024 |
10 | Sick China dog taken in after 2-year vigil at owners grave, becomes Loyal Baby | 11/18/2024 |
11 | Disposition of 16727 shares by Adam Storm of Wag Group at 0.17 subject to Rule 16b-3 | 11/19/2024 |
12 | Wag group co. CTO sells 5,906 in stock to cover taxes | 11/20/2024 |
About Wag Group 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 Wag or other stocks. Alpha measures the amount that position in Wag 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 | 2023 | 2024 (projected) | Payables Turnover | 1.21 | 1.99 | 1.79 | Days Of Inventory On Hand | 122.24 | 110.01 | 115.51 |
Wag Group Upcoming Company Events
As portrayed in its financial statements, the presentation of Wag Group's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Wag Group's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Wag Group's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Wag Group. Please utilize our Beneish M Score to check the likelihood of Wag Group's management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th 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 Wag Group
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
Additional Tools for Wag Stock Analysis
When running Wag Group's price analysis, check to measure Wag Group'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 Wag Group is operating at the current time. Most of Wag Group's value examination focuses on studying past and present price action to predict the probability of Wag Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wag Group's price. Additionally, you may evaluate how the addition of Wag Group to your portfolios can decrease your overall portfolio volatility.