Asbury Automotive Group Stock Alpha and Beta Analysis
| ABG Stock | USD 258.16 7.68 3.07% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Asbury Automotive Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Asbury Automotive over a specified time horizon. Remember, high Asbury Automotive'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 Asbury Automotive's market risk premium analysis include:
Beta 1.84 | Alpha 0.0106 | Risk 2.13 | Sharpe Ratio 0.0584 | Expected Return 0.12 |
Asbury Automotive 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.
Asbury |
Asbury Automotive Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Asbury Automotive market risk premium is the additional return an investor will receive from holding Asbury Automotive 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 Asbury Automotive. 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 Asbury Automotive's performance over market.| α | 0.01 | β | 1.84 |
Asbury Automotive 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 Asbury Automotive's Buy-and-hold return. Our buy-and-hold chart shows how Asbury Automotive performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Asbury Automotive Market Price Analysis
Market price analysis indicators help investors to evaluate how Asbury Automotive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asbury Automotive shares will generate the highest return on investment. By understating and applying Asbury Automotive stock market price indicators, traders can identify Asbury Automotive position entry and exit signals to maximize returns.
Asbury Automotive Return and Market Media
The median price of Asbury Automotive for the period between Fri, Aug 23, 2024 and Thu, Nov 21, 2024 is 231.42 with a coefficient of variation of 5.57. The daily time series for the period is distributed with a sample standard deviation of 13.08, arithmetic mean of 234.69, and mean deviation of 10.37. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 572 shares by Jed Milstein of Asbury Automotive subject to Rule 16b-3 | 09/18/2024 |
2 | Asbury Automotive Group Schedules Release of Third Quarter 2024 Financial Results | 10/08/2024 |
3 | Sonic Automotive Q3 Earnings and Revenues Miss Estimates | 10/24/2024 |
4 | Asbury Automotive Shares Surge Following Mixed Q3 Earnings | 10/29/2024 |
5 | Asbury Automotive Group Third Quarter 2024 Earnings Misses Expectations | 10/30/2024 |
6 | Asbury Automotive Group, Inc. Q3 2024 Earnings Call Transcript | 10/31/2024 |
7 | Asbury Automotive Group Given New 260.00 Price Target at JPMorgan Chase Co. | 11/05/2024 |
8 | Asbury Automotive Shows Rising Relative Price Performance Still Shy Of Key Threshold | 11/07/2024 |
9 | Asbury Automotive Group Inc Shares Down 3.2 percent on Nov 12 | 11/12/2024 |
10 | Asbury Automotive Shows Improved Relative Price Performance Still Shy Of Benchmark | 11/18/2024 |
11 | Asbury Automotive Trying To Close In On Key Technical Benchmark | 11/20/2024 |
About Asbury Automotive 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 Asbury or other stocks. Alpha measures the amount that position in Asbury Automotive 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) | PTB Ratio | 1.45 | 2.14 | Dividend Yield | 0.0668 | 0.0701 |
Asbury Automotive Upcoming Company Events
As portrayed in its financial statements, the presentation of Asbury Automotive's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Asbury Automotive's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Asbury Automotive's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Asbury Automotive. Please utilize our Beneish M Score to check the likelihood of Asbury Automotive's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of February 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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Check out Asbury Automotive Backtesting, Asbury Automotive Valuation, Asbury Automotive Correlation, Asbury Automotive Hype Analysis, Asbury Automotive Volatility, Asbury Automotive History and analyze Asbury Automotive Performance. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Asbury Automotive 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.