Sphere Entertainment Co Stock Alpha and Beta Analysis
| SPHR Stock | 40.22 0.82 2.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sphere Entertainment Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sphere Entertainment over a specified time horizon. Remember, high Sphere Entertainment'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 Sphere Entertainment's market risk premium analysis include:
Beta 1.28 | Alpha (0.40) | Risk 2.87 | Sharpe Ratio (0.07) | Expected Return (0.20) |
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.
Sphere |
Sphere Entertainment Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sphere Entertainment market risk premium is the additional return an investor will receive from holding Sphere Entertainment 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 Sphere Entertainment. 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 Sphere Entertainment's performance over market.| α | -0.4 | β | 1.28 |
Sphere Entertainment 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 Sphere Entertainment's Buy-and-hold return. Our buy-and-hold chart shows how Sphere Entertainment performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Sphere Entertainment Market Price Analysis
Market price analysis indicators help investors to evaluate how Sphere Entertainment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sphere Entertainment shares will generate the highest return on investment. By understating and applying Sphere Entertainment stock market price indicators, traders can identify Sphere Entertainment position entry and exit signals to maximize returns.
Sphere Entertainment Return and Market Media
The median price of Sphere Entertainment for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 43.53 with a coefficient of variation of 5.48. The daily time series for the period is distributed with a sample standard deviation of 2.39, arithmetic mean of 43.54, and mean deviation of 1.91. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 15757 shares by James Dolan of Sphere Entertainment subject to Rule 16b-3 | 09/13/2024 |
2 | This Sphere Entertainment Insider Increased Their Holding By 21 percent Last Year | 09/26/2024 |
3 | Acquisition by James Dolan of 5253 shares of Sphere Entertainment subject to Rule 16b-3 | 09/27/2024 |
4 | Sphere Entertainment Expands Beyond Las Vegas, CEO Calls New Venue In Abu Dhabi Significant Milestone | 10/16/2024 |
5 | Radnor Capital Management LLC Invests 1.01 Million in Madison Square Garden Entertainment Corp. | 11/07/2024 |
6 | Madison Square Garden Q1 Revenue Drops, Concerts Impress | 11/08/2024 |
7 | Macquarie Cuts Madison Square Garden Entertainment Price Target to 45.00 | 11/11/2024 |
8 | Sphere Entertainment Reports Q1 Loss, Lags Revenue Estimates | 11/12/2024 |
9 | Sphere Entertainment Co Shares Up 3.26 percent on Nov 13 | 11/13/2024 |
10 | Sphere Entertainment Given New 45.00 Price Target at Macquarie | 11/14/2024 |
11 | Jericho Capital Asset Management L.P. Increases Stake in Sphere Entertainment Co | 11/15/2024 |
About Sphere Entertainment 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 Sphere or other stocks. Alpha measures the amount that position in Sphere Entertainment 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 (projected) | Dividend Yield | 0.00271 | 0.13 | 0.12 | Price To Sales Ratio | 1.36 | 1.65 | 1.19 |
Sphere Entertainment Upcoming Company Events
As portrayed in its financial statements, the presentation of Sphere Entertainment's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sphere Entertainment's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Sphere Entertainment's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Sphere Entertainment. Please utilize our Beneish M Score to check the likelihood of Sphere Entertainment's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of August 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Build Portfolio with Sphere Entertainment
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 Sphere Stock Analysis
When running Sphere Entertainment's price analysis, check to measure Sphere Entertainment'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 Sphere Entertainment is operating at the current time. Most of Sphere Entertainment's value examination focuses on studying past and present price action to predict the probability of Sphere Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere Entertainment's price. Additionally, you may evaluate how the addition of Sphere Entertainment to your portfolios can decrease your overall portfolio volatility.