Siteone Landscape Supply Stock Alpha and Beta Analysis
| SITE Stock | USD 143.14 3.60 2.58% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SiteOne Landscape Supply. It also helps investors analyze the systematic and unsystematic risks associated with investing in SiteOne Landscape over a specified time horizon. Remember, high SiteOne Landscape'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 SiteOne Landscape's market risk premium analysis include:
Beta 1.38 | Alpha (0.08) | Risk 2.19 | Sharpe Ratio 0.0019 | Expected Return 0.0042 |
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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.
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SiteOne Landscape Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SiteOne Landscape market risk premium is the additional return an investor will receive from holding SiteOne Landscape 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 SiteOne Landscape. 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 SiteOne Landscape's performance over market.| α | -0.08 | β | 1.38 |
SiteOne Landscape 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 SiteOne Landscape's Buy-and-hold return. Our buy-and-hold chart shows how SiteOne Landscape performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.SiteOne Landscape Market Price Analysis
Market price analysis indicators help investors to evaluate how SiteOne Landscape stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SiteOne Landscape shares will generate the highest return on investment. By understating and applying SiteOne Landscape stock market price indicators, traders can identify SiteOne Landscape position entry and exit signals to maximize returns.
SiteOne Landscape Return and Market Media
The median price of SiteOne Landscape for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 144.02 with a coefficient of variation of 3.69. The daily time series for the period is distributed with a sample standard deviation of 5.3, arithmetic mean of 143.73, and mean deviation of 4.4. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 550 shares by Joseph Ketter of SiteOne Landscape at 165.3 subject to Rule 16b-3 | 09/04/2024 |
2 | Disposition of 675 shares by Doug Black of SiteOne Landscape at 160.7 subject to Rule 16b-3 | 09/12/2024 |
3 | SI GROUP ANNOUNCE SON INTENTION DE FERMER SON SITE DE PRODUCTION SINGAPOUR | 09/25/2024 |
4 | Disposition of 236 shares by Shannon Versaggi of SiteOne Landscape subject to Rule 16b-3 | 10/22/2024 |
5 | SiteOne Landscape Supplys investors will be pleased with their decent 58 percent return over the last five years | 10/28/2024 |
6 | SiteOne Landscape Supply Announces Third Quarter 2024 Earnings | 10/30/2024 |
7 | Earnings call SiteOne sees growth despite market headwinds in Q3 2024 | 10/31/2024 |
8 | Barclays Issues Positive Forecast for SiteOne Landscape Supply Stock Price | 11/01/2024 |
9 | Disposition of 6000 shares by Doug Black of SiteOne Landscape subject to Rule 16b-3 | 11/05/2024 |
10 | SiteOne Landscape Supply, Inc. Not Lagging Market On Growth Or Pricing | 11/19/2024 |
About SiteOne Landscape 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 SiteOne or other stocks. Alpha measures the amount that position in SiteOne Landscape Supply 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.13 | 0.088 | Price To Sales Ratio | 1.7 | 0.98 |
SiteOne Landscape Upcoming Company Events
As portrayed in its financial statements, the presentation of SiteOne Landscape's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SiteOne Landscape's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of SiteOne Landscape's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of SiteOne Landscape. Please utilize our Beneish M Score to check the likelihood of SiteOne Landscape's management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 1st 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 |
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Check out SiteOne Landscape Backtesting, SiteOne Landscape Valuation, SiteOne Landscape Correlation, SiteOne Landscape Hype Analysis, SiteOne Landscape Volatility, SiteOne Landscape History and analyze SiteOne Landscape Performance. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
SiteOne Landscape 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.