Varex Imaging Corp Stock Alpha and Beta Analysis
| VREX Stock | USD 16.53 0.02 0.12% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Varex Imaging Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Varex Imaging over a specified time horizon. Remember, high Varex Imaging'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 Varex Imaging's market risk premium analysis include:
Beta 0.9 | Alpha 0.42 | Risk 3.33 | Sharpe Ratio 0.18 | Expected Return 0.58 |
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.
Varex |
Varex Imaging Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Varex Imaging market risk premium is the additional return an investor will receive from holding Varex Imaging 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 Varex Imaging. 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 Varex Imaging's performance over market.| α | 0.42 | β | 0.90 |
Varex Imaging 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 Varex Imaging's Buy-and-hold return. Our buy-and-hold chart shows how Varex Imaging performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Varex Imaging Market Price Analysis
Market price analysis indicators help investors to evaluate how Varex Imaging stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Varex Imaging shares will generate the highest return on investment. By understating and applying Varex Imaging stock market price indicators, traders can identify Varex Imaging position entry and exit signals to maximize returns.
Varex Imaging Return and Market Media
The median price of Varex Imaging for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 12.1 with a coefficient of variation of 12.42. The daily time series for the period is distributed with a sample standard deviation of 1.57, arithmetic mean of 12.68, and mean deviation of 1.26. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Varex Imagings Returns On Capital Not Reflecting Well On The Business | 09/09/2024 |
2 | Disposition of 5761 shares by Kimberley Honeysett of Varex Imaging subject to Rule 16b-3 | 10/15/2024 |
3 | Varex Imaging Corporations Fundamentals Look Pretty Strong Could The Market Be Wrong About The Stock | 10/18/2024 |
4 | Varex Schedules Fourth Quarter and Fiscal Year 2024 Earnings Release and Conference Call | 10/29/2024 |
5 | Disposition of 5108 shares by Kimberley Honeysett of Varex Imaging subject to Rule 16b-3 | 10/31/2024 |
6 | Disposition of 7579 shares by Shubham Maheshwari of Varex Imaging at 12.58 subject to Rule 16b-3 | 11/01/2024 |
7 | Vanguard Group Incs Strategic Reduction in Varex Imaging Corp Holdings | 11/05/2024 |
8 | Varex Imaging Q4 2024 Earnings Preview | 11/18/2024 |
9 | Varex Announces Financial Results for Fourth Quarter and Fiscal Year 2024 | 11/19/2024 |
10 | Varex Imaging Corp Q4 2024 Earnings Call Highlights Strategic Investments and Global ... | 11/20/2024 |
11 | Varex Imaging Updates Q1 Earnings Guidance | 11/22/2024 |
About Varex Imaging 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 Varex or other stocks. Alpha measures the amount that position in Varex Imaging Corp 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.
| 2010 | 2024 (projected) | Dividend Yield | 4.63E-4 | 0.22 | Price To Sales Ratio | 1.37 | 0.98 |
Varex Imaging Upcoming Company Events
As portrayed in its financial statements, the presentation of Varex Imaging's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Varex Imaging's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Varex Imaging's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Varex Imaging. Please utilize our Beneish M Score to check the likelihood of Varex Imaging's management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 12th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
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Additional Tools for Varex Stock Analysis
When running Varex Imaging's price analysis, check to measure Varex Imaging'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 Varex Imaging is operating at the current time. Most of Varex Imaging's value examination focuses on studying past and present price action to predict the probability of Varex Imaging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Varex Imaging's price. Additionally, you may evaluate how the addition of Varex Imaging to your portfolios can decrease your overall portfolio volatility.