Applied Industrial Technologies Stock Alpha and Beta Analysis
| AIT Stock | USD 269.23 3.49 1.31% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Applied Industrial Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Applied Industrial over a specified time horizon. Remember, high Applied Industrial'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 Applied Industrial's market risk premium analysis include:
Beta 2.28 | Alpha 0.26 | Risk 2.23 | Sharpe Ratio 0.19 | Expected Return 0.43 |
Applied Industrial 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.
Applied |
Applied Industrial Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Applied Industrial market risk premium is the additional return an investor will receive from holding Applied Industrial 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 Applied Industrial. 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 Applied Industrial's performance over market.| α | 0.26 | β | 2.28 |
Applied Industrial 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 Applied Industrial's Buy-and-hold return. Our buy-and-hold chart shows how Applied Industrial performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Applied Industrial Market Price Analysis
Market price analysis indicators help investors to evaluate how Applied Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Applied Industrial shares will generate the highest return on investment. By understating and applying Applied Industrial stock market price indicators, traders can identify Applied Industrial position entry and exit signals to maximize returns.
Applied Industrial Return and Market Media
The median price of Applied Industrial for the period between Fri, Aug 23, 2024 and Thu, Nov 21, 2024 is 222.83 with a coefficient of variation of 10.04. The daily time series for the period is distributed with a sample standard deviation of 22.68, arithmetic mean of 225.97, and mean deviation of 17.09. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
| Applied Industrial dividend paid on 30th of August 2024 | 08/30/2024 |
1 | Acquisition by Jason Vasquez of 1796 shares of Applied Industrial at 197.43 subject to Rule 16b-3 | 10/04/2024 |
2 | Earnings Preview Applied Industrial Technologies Q1 Earnings Expected to Decline | 10/17/2024 |
3 | Insider Trading | 10/22/2024 |
4 | Bank of America Increases Applied Industrial Technologies Price Target to 240.00 | 10/25/2024 |
5 | AIT Worldwide Logistics verffentlicht Nachhaltigkeitsbericht 2024 | 10/29/2024 |
6 | Applied Industrial Technologies jumps 14 percent this week, though earnings growth is still tracking behind five-year shareholder returns | 11/08/2024 |
7 | AIT Worldwide Logistics | 11/12/2024 |
8 | Heres Why You Should Retain Applied Industrial in Your Portfolio | 11/13/2024 |
| Applied Industrial dividend paid on 15th of November 2024 | 11/15/2024 |
About Applied Industrial 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 Applied or other stocks. Alpha measures the amount that position in Applied Industrial 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 | 0.014 | 0.009562 | 0.007595 | 0.007215 | Price To Sales Ratio | 0.97 | 1.27 | 1.64 | 1.72 |
Applied Industrial Upcoming Company Events
As portrayed in its financial statements, the presentation of Applied Industrial's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Applied Industrial's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Applied Industrial's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Applied Industrial. Please utilize our Beneish M Score to check the likelihood of Applied Industrial's management manipulating its earnings.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 8th of August 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 8th of August 2024 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Build Portfolio with Applied Industrial
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 Applied Stock Analysis
When running Applied Industrial's price analysis, check to measure Applied Industrial'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 Applied Industrial is operating at the current time. Most of Applied Industrial's value examination focuses on studying past and present price action to predict the probability of Applied Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Industrial's price. Additionally, you may evaluate how the addition of Applied Industrial to your portfolios can decrease your overall portfolio volatility.