Taylor Devices Stock Alpha and Beta Analysis
| TAYD Stock | USD 48.08 2.01 4.36% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Taylor Devices. It also helps investors analyze the systematic and unsystematic risks associated with investing in Taylor Devices over a specified time horizon. Remember, high Taylor Devices' 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 Taylor Devices' market risk premium analysis include:
Beta 3.22 | Alpha (0.53) | Risk 4.59 | Sharpe Ratio (0.02) | Expected Return (0.11) |
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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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Taylor Devices Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Taylor Devices market risk premium is the additional return an investor will receive from holding Taylor Devices 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 Taylor Devices. 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 Taylor Devices' performance over market.| α | -0.53 | β | 3.22 |
Taylor Devices 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 Taylor Devices' Buy-and-hold return. Our buy-and-hold chart shows how Taylor Devices performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Taylor Devices Market Price Analysis
Market price analysis indicators help investors to evaluate how Taylor Devices stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Taylor Devices shares will generate the highest return on investment. By understating and applying Taylor Devices stock market price indicators, traders can identify Taylor Devices position entry and exit signals to maximize returns.
Taylor Devices Return and Market Media
The median price of Taylor Devices for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 47.61 with a coefficient of variation of 12.29. The daily time series for the period is distributed with a sample standard deviation of 6.2, arithmetic mean of 50.42, and mean deviation of 5.35. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Armenat Fritz Eric of 5000 shares of Taylor Devices at 11.95 subject to Rule 16b-3 | 09/10/2024 |
2 | Taylor Devices Stock Soars to All-Time High of 61.72 - Investing.com India | 09/16/2024 |
3 | Disposition of 5000 shares by Alan Klembczyk of Taylor Devices at 9.525 subject to Rule 16b-3 | 09/18/2024 |
4 | Taylor Devices Share Price Crosses Above 200 Day Moving Average of 49.28 - MarketBeat | 09/26/2024 |
5 | Aerospace Demand Drives Taylor Devices YY Earnings Growth in Q1 | 09/30/2024 |
6 | These are Buffalos highest-paid public company CFOs | 10/25/2024 |
7 | Oppenheimer Close, LLC Acquires New Stake in Capital Properties Inc | 11/05/2024 |
8 | Trading With Integrated Risk Controls - Stock Traders Daily | 11/15/2024 |
9 | Investing in Taylor Devices five years ago would have delivered you a 3 percent gain | 11/26/2024 |
About Taylor Devices 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 Taylor or other stocks. Alpha measures the amount that position in Taylor Devices 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 | 0.072 | 0.064 | Price To Sales Ratio | 3.83 | 4.02 |
Taylor Devices Upcoming Company Events
As portrayed in its financial statements, the presentation of Taylor Devices' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Taylor Devices' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Taylor Devices' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Taylor Devices. Please utilize our Beneish M Score to check the likelihood of Taylor Devices' management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View |
Build Portfolio with Taylor Devices
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Align your risk with return expectations
Check out Taylor Devices Backtesting, Taylor Devices Valuation, Taylor Devices Correlation, Taylor Devices Hype Analysis, Taylor Devices Volatility, Taylor Devices History and analyze Taylor Devices Performance. For information on how to trade Taylor Stock refer to our How to Trade Taylor Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Taylor Devices 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.