Playags Stock Alpha and Beta Analysis

AGS Stock  USD 11.99  0.04  0.33%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PlayAGS. It also helps investors analyze the systematic and unsystematic risks associated with investing in PlayAGS over a specified time horizon. Remember, high PlayAGS'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 PlayAGS's market risk premium analysis include:
Beta
0.0207
Alpha
0.0363
Risk
0.37
Sharpe Ratio
0.13
Expected Return
0.0494
Please note that although PlayAGS alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, PlayAGS did 0.04  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of PlayAGS stock's relative risk over its benchmark. PlayAGS has a beta of 0.02  . As returns on the market increase, PlayAGS's returns are expected to increase less than the market. However, during the bear market, the loss of holding PlayAGS is expected to be smaller as well. Book Value Per Share is likely to gain to 2.64 in 2025, whereas Tangible Book Value Per Share is likely to drop (8.57) in 2025.

PlayAGS Quarterly Cash And Equivalents

43.66 Million

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.
  
Check out PlayAGS Backtesting, PlayAGS Valuation, PlayAGS Correlation, PlayAGS Hype Analysis, PlayAGS Volatility, PlayAGS History and analyze PlayAGS Performance.
For more information on how to buy PlayAGS Stock please use our How to Invest in PlayAGS guide.

PlayAGS Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. PlayAGS market risk premium is the additional return an investor will receive from holding PlayAGS 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 PlayAGS. 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 PlayAGS's performance over market.
α0.04   β0.02

PlayAGS 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 PlayAGS's Buy-and-hold return. Our buy-and-hold chart shows how PlayAGS performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

PlayAGS Market Price Analysis

Market price analysis indicators help investors to evaluate how PlayAGS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PlayAGS shares will generate the highest return on investment. By understating and applying PlayAGS stock market price indicators, traders can identify PlayAGS position entry and exit signals to maximize returns.

PlayAGS Return and Market Media

The median price of PlayAGS for the period between Sat, Nov 2, 2024 and Fri, Jan 31, 2025 is 11.63 with a coefficient of variation of 1.27. The daily time series for the period is distributed with a sample standard deviation of 0.15, arithmetic mean of 11.65, and mean deviation of 0.11. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
102,163 Shares in PlayAGS Inc Bought by Olympiad Research LP
11/07/2024
2
ArrowMark Colorado Holdings LLC Adjusts Stake in PlayAGS Inc
11/14/2024
3
Are Options Traders Betting on a Big Move in PlayAGS Stock
11/26/2024
4
Disposition of 708 shares by Kimo Akiona of PlayAGS at 7.66 subject to Rule 16b-3
11/27/2024
5
Disposition of 48276 shares by David Lopez of PlayAGS at 6.13 subject to Rule 16b-3
11/29/2024
6
Comparing Multi Ways PlayAGS
12/03/2024
7
AGS Announces Expiration of Hart-Scott-Rodino Act Waiting Period for Acquisition by Affiliates of Brightstar Capital Partners
12/11/2024
8
Disposition of 20258 shares by Kimo Akiona of PlayAGS subject to Rule 16b-3
01/08/2025
9
Is PlayAGS a Great Value Stock Right Now
01/10/2025
10
Acquisition by Victor Gallo of 66103 shares of PlayAGS subject to Rule 16b-3
01/24/2025

About PlayAGS 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 PlayAGS or other stocks. Alpha measures the amount that position in PlayAGS 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.
 2022 2023 2024 2025 (projected)
Payables Turnover5.6919.4522.3623.48
Days Of Inventory On Hand149.05125.27112.75108.7

PlayAGS Upcoming Company Events

As portrayed in its financial statements, the presentation of PlayAGS's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PlayAGS's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of PlayAGS's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of PlayAGS. Please utilize our Beneish M Score to check the likelihood of PlayAGS's management manipulating its earnings.
14th of March 2024
Upcoming Quarterly Report
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14th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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14th of March 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Additional Tools for PlayAGS Stock Analysis

When running PlayAGS's price analysis, check to measure PlayAGS'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 PlayAGS is operating at the current time. Most of PlayAGS's value examination focuses on studying past and present price action to predict the probability of PlayAGS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PlayAGS's price. Additionally, you may evaluate how the addition of PlayAGS to your portfolios can decrease your overall portfolio volatility.