Transact Technologies Incorporated Stock Alpha and Beta Analysis
| TACT Stock | USD 4.25 0.09 2.16% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as TransAct Technologies Incorporated. It also helps investors analyze the systematic and unsystematic risks associated with investing in TransAct Technologies over a specified time horizon. Remember, high TransAct Technologies' 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 TransAct Technologies' market risk premium analysis include:
Beta 0.43 | Alpha (0.13) | Risk 2.26 | Sharpe Ratio (0.02) | Expected Return (0.04) |
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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.
TransAct |
TransAct Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. TransAct Technologies market risk premium is the additional return an investor will receive from holding TransAct Technologies 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 TransAct Technologies. 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 TransAct Technologies' performance over market.| α | -0.13 | β | 0.43 |
TransAct Technologies 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 TransAct Technologies' Buy-and-hold return. Our buy-and-hold chart shows how TransAct Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.TransAct Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how TransAct Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TransAct Technologies shares will generate the highest return on investment. By understating and applying TransAct Technologies stock market price indicators, traders can identify TransAct Technologies position entry and exit signals to maximize returns.
TransAct Technologies Return and Market Media
The median price of TransAct Technologies for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 4.29 with a coefficient of variation of 4.72. The daily time series for the period is distributed with a sample standard deviation of 0.2, arithmetic mean of 4.31, and mean deviation of 0.16. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Steven DeMartino of 100000 shares of TransAct Technologies subject to Rule 16b-3 | 09/04/2024 |
2 | Acquisition by 325 Capital Llc of 1700 shares of TransAct Technologies subject to Rule 16b-3 | 09/30/2024 |
3 | TransAct Announces Participation in NACS and Global Gaming Expo 2024 in Las Vegas | 10/03/2024 |
4 | Acquisition by Dunning Audrey of 1700 shares of TransAct Technologies subject to Rule 16b-3 | 10/11/2024 |
5 | TransAct Technologies Now Covered by StockNews.com | 10/14/2024 |
6 | Zacks Industry Outlook Logitech, Mercury, Immersion and TransAct | 10/29/2024 |
7 | All You Need to Know About TransAct Technologies Rating Upgrade to Buy | 11/05/2024 |
8 | Transact Technologies Inc Q3 2024 Earnings Report Preview What To Look For | 11/06/2024 |
9 | TransAct Technologies Reports Preliminary Third Quarter 2024 Financial Results | 11/07/2024 |
10 | TransAct Technologies Incorporated Q3 2024 Earnings Call Transcript | 11/11/2024 |
11 | Casino Management System Market to Reach USD 29.09 Billion by 2032 Enhanced Security and Operational Efficiency Drive Growth Research by SS Insider | 11/20/2024 |
12 | TransAct Technologies Amends Loan and Security Agreement with Siena Lending Group | 11/22/2024 |
About TransAct Technologies 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 TransAct or other stocks. Alpha measures the amount that position in TransAct Technologies 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 | 0.0295 | 0.0184 | Price To Sales Ratio | 0.96 | 1.09 |
TransAct Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of TransAct Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, TransAct Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of TransAct Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of TransAct Technologies. Please utilize our Beneish M Score to check the likelihood of TransAct Technologies' management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of March 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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Additional Tools for TransAct Stock Analysis
When running TransAct Technologies' price analysis, check to measure TransAct Technologies' 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 TransAct Technologies is operating at the current time. Most of TransAct Technologies' value examination focuses on studying past and present price action to predict the probability of TransAct Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransAct Technologies' price. Additionally, you may evaluate how the addition of TransAct Technologies to your portfolios can decrease your overall portfolio volatility.