PerkinElmer Alpha and Beta Analysis
| PKIDelisted Stock | USD 115.24 0.74 0.64% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PerkinElmer. It also helps investors analyze the systematic and unsystematic risks associated with investing in PerkinElmer over a specified time horizon. Remember, high PerkinElmer'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 PerkinElmer's market risk premium analysis include:
Beta (0.24) | Alpha (0.22) | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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.
PerkinElmer |
PerkinElmer Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. PerkinElmer market risk premium is the additional return an investor will receive from holding PerkinElmer 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 PerkinElmer. 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 PerkinElmer's performance over market.| α | -0.22 | β | -0.24 |
PerkinElmer Fundamentals Vs Peers
Comparing PerkinElmer's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze PerkinElmer's direct or indirect competition across all of the common fundamentals between PerkinElmer and the related equities. This way, we can detect undervalued stocks with similar characteristics as PerkinElmer or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of PerkinElmer's fundamental indicators could also be used in its relative valuation, which is a method of valuing PerkinElmer by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare PerkinElmer to competition |
| Fundamentals | PerkinElmer | Peer Average |
| Return On Equity | 0.0706 | -0.31 |
| Return On Asset | 0.0369 | -0.14 |
| Profit Margin | 0.17 % | (1.27) % |
| Operating Margin | 0.26 % | (5.51) % |
| Current Valuation | 22.3 B | 16.62 B |
| Shares Outstanding | 126.41 M | 571.82 M |
| Shares Owned By Insiders | 0.26 % | 10.09 % |
PerkinElmer Opportunities
PerkinElmer Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Polyfluoroalkyl Substances Waste Management Market Is Valued At US 2.9 Bn by the end of 2031 Data Analysis by Experts at Transparency Market Research Inc. | 03/16/2023 |
2 | Bioinformatics Market Size To Hit US 13.9 Billion By 2033, Owing To Increasing Investments in Healthcare Sector Globally Persistence Market Research | 04/04/2023 |
3 | Global Western Blotting Processors Market to Reach USD 1.94 Billion by 2030 | 04/25/2023 |
4 | PerkinElmer Expected to Beat Earnings Estimates Can the Stock Move Higher | 05/04/2023 |
5 | Recombinant proteins market is projected to grow at a CAGR of 11.14 percent by 2033 Visiongain Reports Ltd | 05/05/2023 |
6 | Heres PerkinElmers new, post-split name for its life sciences business | 05/09/2023 |
7 | Is a Surprise Coming for Revvity This Earnings Season | 05/10/2023 |
8 | Global Lab Automation Market to 2035 Players Include Abbott, Anton Paar, BD, Beckman Coulter, ERWEKA, Leuze and Ortho Clinical Diagnostics | 05/11/2023 |
| PerkinElmer dividend paid on 12th of May 2023 | 05/12/2023 |
About PerkinElmer 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 PerkinElmer or other delisted stocks. Alpha measures the amount that position in PerkinElmer 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.
PerkinElmer Upcoming Company Events
As portrayed in its financial statements, the presentation of PerkinElmer's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PerkinElmer's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of PerkinElmer's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of PerkinElmer. Please utilize our Beneish M Score to check the likelihood of PerkinElmer's management manipulating its earnings.
| 11th of May 2023 Upcoming Quarterly Report | View | |
| 7th of August 2023 Next Financial Report | View | |
| 31st of March 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 31st of December 2022 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with PerkinElmer
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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in PerkinElmer Stock
If you are still planning to invest in PerkinElmer check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PerkinElmer's history and understand the potential risks before investing.
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