Unifirst Stock Alpha and Beta Analysis
| UNF Stock | USD 204.58 4.35 2.17% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Unifirst. It also helps investors analyze the systematic and unsystematic risks associated with investing in Unifirst over a specified time horizon. Remember, high Unifirst'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 Unifirst's market risk premium analysis include:
Beta 1.72 | Alpha (0.06) | Risk 1.91 | Sharpe Ratio 0.0811 | Expected Return 0.15 |
Unifirst 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.
Unifirst |
Unifirst Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Unifirst market risk premium is the additional return an investor will receive from holding Unifirst 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 Unifirst. 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 Unifirst's performance over market.| α | -0.06 | β | 1.72 |
Unifirst 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 Unifirst's Buy-and-hold return. Our buy-and-hold chart shows how Unifirst performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Unifirst Market Price Analysis
Market price analysis indicators help investors to evaluate how Unifirst stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unifirst shares will generate the highest return on investment. By understating and applying Unifirst stock market price indicators, traders can identify Unifirst position entry and exit signals to maximize returns.
Unifirst Return and Market Media
The median price of Unifirst for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 189.11 with a coefficient of variation of 3.15. The daily time series for the period is distributed with a sample standard deviation of 5.99, arithmetic mean of 190.27, and mean deviation of 4.76. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Ex-Dividend Reminder Mueller Industries, Unifirst and Kronos Worldwide - Nasdaq | 09/04/2024 |
| Unifirst dividend paid on 27th of September 2024 | 09/27/2024 |
2 | Elis Scraps Acquisition Talks With US Rivals UniFirst, Vestis | 10/04/2024 |
3 | UniFirst Fiscal Q4 Earnings Snapshot | 10/23/2024 |
4 | Q4 2024 UniFirst Corp Earnings Call Transcript | 10/24/2024 |
5 | UniFirst raises quarterly dividend by 6.1 percent to 0.35share | 10/29/2024 |
6 | Disposition of 531 shares by William Ross of Unifirst at 179.81 subject to Rule 16b-3 | 10/31/2024 |
7 | Disposition of 4217 shares by The Ronald D Croatti Trust - 1993 of Unifirst at 191.67 subject to Rule 16b-3 | 11/20/2024 |
8 | Disposition of 3899 shares by The Ronald D Croatti Trust - 1993 of Unifirst at 196.65 subject to Rule 16b-3 | 11/21/2024 |
9 | Unifirsts executive VP sells 113,337 in stock | 11/22/2024 |
10 | Insider Selling UniFirst Co. VP Sells 587 Shares of Stock | 11/25/2024 |
About Unifirst 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 Unifirst or other stocks. Alpha measures the amount that position in Unifirst 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.
| 2012 | 2018 | 2023 | 2024 (projected) | Dividend Yield | 0.001168 | 0.007072 | 0.006594 | 0.005148 | Price To Sales Ratio | 2.13 | 1.4 | 1.46 | 0.88 |
Unifirst Upcoming Company Events
As portrayed in its financial statements, the presentation of Unifirst's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Unifirst's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Unifirst's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Unifirst. Please utilize our Beneish M Score to check the likelihood of Unifirst's management manipulating its earnings.
| 3rd of April 2024 Upcoming Quarterly Report | View | |
| 26th of June 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 16th of October 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of August 2023 Last Financial Announcement | View |
Build Portfolio with Unifirst
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Check out Unifirst Backtesting, Unifirst Valuation, Unifirst Correlation, Unifirst Hype Analysis, Unifirst Volatility, Unifirst History and analyze Unifirst Performance. For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Unifirst 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.