Star Gas Partners Stock Alpha and Beta Analysis
| SGU Stock | USD 12.62 0.04 0.32% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Star Gas Partners. It also helps investors analyze the systematic and unsystematic risks associated with investing in Star Gas over a specified time horizon. Remember, high Star Gas' 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 Star Gas' market risk premium analysis include:
Beta 0.58 | Alpha 0.11 | Risk 1.93 | Sharpe Ratio 0.0988 | Expected Return 0.19 |
Star Gas 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.
Star |
Star Gas Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Star Gas market risk premium is the additional return an investor will receive from holding Star Gas 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 Star Gas. 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 Star Gas' performance over market.| α | 0.11 | β | 0.58 |
Star Gas 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 Star Gas' Buy-and-hold return. Our buy-and-hold chart shows how Star Gas performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Star Gas Market Price Analysis
Market price analysis indicators help investors to evaluate how Star Gas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Star Gas shares will generate the highest return on investment. By understating and applying Star Gas stock market price indicators, traders can identify Star Gas position entry and exit signals to maximize returns.
Star Gas Return and Market Media
The median price of Star Gas for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 11.61 with a coefficient of variation of 3.64. The daily time series for the period is distributed with a sample standard deviation of 0.42, arithmetic mean of 11.65, and mean deviation of 0.35. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Stock Market Highlights Nifty forms shooting star candle, consolidation likely to continue. How to trade... - The Economic Times | 09/19/2024 |
2 | Star Group LP Q3 2024 Earnings Call Highlights Strong Profit Growth Amid Challenging ... | 10/09/2024 |
3 | Acquisition by Paul Vermylen of 82 shares of Star Gas subject to Rule 16b-3 | 10/30/2024 |
| Star Gas dividend paid on 6th of November 2024 | 11/06/2024 |
4 | Acquisition by Kestrel Energy Partners Llc of 5300 shares of Star Gas at 3.8 subject to Rule 16b-3 | 11/11/2024 |
5 | Star Group, L.P. to Host Fiscal 2024 Fourth Quarter Webcast and Conference Call December 5, 2024 | 11/27/2024 |
About Star Gas 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 Star or other stocks. Alpha measures the amount that position in Star Gas Partners 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) | Dividend Yield | 0.0763 | 0.0553 | 0.0636 | 0.0957 | Price To Sales Ratio | 0.15 | 0.22 | 0.25 | 0.41 |
Star Gas Upcoming Company Events
As portrayed in its financial statements, the presentation of Star Gas' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Star Gas' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Star Gas' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Star Gas. Please utilize our Beneish M Score to check the likelihood of Star Gas' management manipulating its earnings.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Additional Tools for Star Stock Analysis
When running Star Gas' price analysis, check to measure Star Gas' 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 Star Gas is operating at the current time. Most of Star Gas' value examination focuses on studying past and present price action to predict the probability of Star Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Gas' price. Additionally, you may evaluate how the addition of Star Gas to your portfolios can decrease your overall portfolio volatility.