Zurn Elkay Water Stock Alpha and Beta Analysis
| ZWS Stock | USD 39.68 0.05 0.13% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Zurn Elkay Water. It also helps investors analyze the systematic and unsystematic risks associated with investing in Zurn Elkay over a specified time horizon. Remember, high Zurn Elkay'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 Zurn Elkay's market risk premium analysis include:
Beta 1.4 | Alpha 0.17 | Risk 1.72 | Sharpe Ratio 0.2 | Expected Return 0.34 |
Zurn Elkay Quarterly Cash And Equivalents |
|
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.
Zurn |
Zurn Elkay Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Zurn Elkay market risk premium is the additional return an investor will receive from holding Zurn Elkay 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 Zurn Elkay. 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 Zurn Elkay's performance over market.| α | 0.17 | β | 1.40 |
Zurn Elkay 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 Zurn Elkay's Buy-and-hold return. Our buy-and-hold chart shows how Zurn Elkay performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Zurn Elkay Market Price Analysis
Market price analysis indicators help investors to evaluate how Zurn Elkay stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zurn Elkay shares will generate the highest return on investment. By understating and applying Zurn Elkay stock market price indicators, traders can identify Zurn Elkay position entry and exit signals to maximize returns.
Zurn Elkay Return and Market Media
The median price of Zurn Elkay for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 36.05 with a coefficient of variation of 7.56. The daily time series for the period is distributed with a sample standard deviation of 2.72, arithmetic mean of 35.91, and mean deviation of 2.12. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
| Zurn Elkay dividend paid on 6th of September 2024 | 09/06/2024 |
1 | Disposition of 52851 shares by Sudhanshu Chhabra of Zurn Elkay at 12.67 subject to Rule 16b-3 | 09/12/2024 |
2 | Disposition of 687 shares by Katz Aimee of Zurn Elkay at 31.25 subject to Rule 16b-3 | 09/13/2024 |
3 | Disposition of 1778 shares by Mark Peterson of Zurn Elkay at 36.38 subject to Rule 16b-3 | 10/04/2024 |
4 | Acquisition by David Longren of 751 shares of Zurn Elkay at 36.66 subject to Rule 16b-3 | 10/15/2024 |
5 | Regal Rexnords Dividend Will Be 0.35 | 10/28/2024 |
6 | Regal Rexnord Q3 Earnings Top Estimates | 11/04/2024 |
7 | Acquisition by Sudhanshu Chhabra of 6808 shares of Zurn Elkay subject to Rule 16b-3 | 11/06/2024 |
8 | Disposition of 2268 shares by Sudhanshu Chhabra of Zurn Elkay at .15 subject to Rule 16b-3 | 11/07/2024 |
9 | Zurn Elkay CEO Todd Adams sells 11.3m in stock | 11/08/2024 |
10 | Regal Rexnord Releases FY 2024 Earnings Guidance | 11/11/2024 |
11 | Louis V. Pinkham Sells 8,774 Shares of Regal Rexnord Co. Stock | 11/14/2024 |
12 | Three Reasons to Avoid Zurn Elkay and One Stock to Buy Instead | 11/18/2024 |
13 | Zacks Industry Outlook Highlights Zurn Elkay, Eaton, Emerson Electric and Powell Industries | 11/20/2024 |
14 | Regal Rexnord Corp Trading Down 4.49 percent on Nov 26 | 11/26/2024 |
About Zurn Elkay 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 Zurn or other stocks. Alpha measures the amount that position in Zurn Elkay Water 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 | 2024 (projected) | Dividend Yield | 0.008231 | 0.0101 | 0.009835 | 0.009343 | Price To Sales Ratio | 4.85 | 2.5 | 3.35 | 3.18 |
Zurn Elkay Upcoming Company Events
As portrayed in its financial statements, the presentation of Zurn Elkay's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Zurn Elkay's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Zurn Elkay's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Zurn Elkay. Please utilize our Beneish M Score to check the likelihood of Zurn Elkay's management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Zurn Elkay
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 Zurn Stock Analysis
When running Zurn Elkay's price analysis, check to measure Zurn Elkay'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 Zurn Elkay is operating at the current time. Most of Zurn Elkay's value examination focuses on studying past and present price action to predict the probability of Zurn Elkay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zurn Elkay's price. Additionally, you may evaluate how the addition of Zurn Elkay to your portfolios can decrease your overall portfolio volatility.