Alamo Group Stock Alpha and Beta Analysis
| ALG Stock | USD 198.86 2.50 1.27% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Alamo Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Alamo over a specified time horizon. Remember, high Alamo'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 Alamo's market risk premium analysis include:
Beta 1.66 | Alpha (0.02) | Risk 2.08 | Sharpe Ratio 0.0546 | Expected Return 0.11 |
Alamo 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.
Alamo |
Alamo Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Alamo market risk premium is the additional return an investor will receive from holding Alamo 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 Alamo. 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 Alamo's performance over market.| α | -0.02 | β | 1.66 |
Alamo 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 Alamo's Buy-and-hold return. Our buy-and-hold chart shows how Alamo performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Alamo Market Price Analysis
Market price analysis indicators help investors to evaluate how Alamo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alamo shares will generate the highest return on investment. By understating and applying Alamo stock market price indicators, traders can identify Alamo position entry and exit signals to maximize returns.
Alamo Return and Market Media
The median price of Alamo for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 179.83 with a coefficient of variation of 4.48. The daily time series for the period is distributed with a sample standard deviation of 8.08, arithmetic mean of 180.48, and mean deviation of 6.43. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Eric Etchart of 500 shares of Alamo at 176.59 subject to Rule 16b-3 | 08/30/2024 |
2 | We Think Alamo Group Can Stay On Top Of Its Debt | 09/27/2024 |
3 | Disposition of 511 shares by Richard Wehrle of Alamo at 184.0 subject to Rule 16b-3 | 10/04/2024 |
4 | Disposition of tradable shares by Richard Wehrle of Alamo at 182.682 subject to Rule 16b-3 | 10/18/2024 |
| Alamo dividend paid on 28th of October 2024 | 10/28/2024 |
5 | ALAMO GROUP INC. ANNOUNCES SHARE REPURCHASE PROGRAM | 10/31/2024 |
6 | Disposition of 1000 shares by Jeffery Leonard of Alamo at 199.6 subject to Rule 16b-3 | 11/06/2024 |
7 | Creative Planning Increases Exposure to Alamo Group Inc. | 11/08/2024 |
8 | Disposition of 875 shares by Edward Rizzuti of Alamo at 52.51 subject to Rule 16b-3 | 11/11/2024 |
9 | Alamo Groups ROCE Trend What it Signals for Future Growth | 11/18/2024 |
10 | 2025 U.S. ALG Residual Value Awards Underscore Importance of Disciplined Approach to Pricing and Incentives | 11/19/2024 |
About Alamo 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 Alamo or other stocks. Alpha measures the amount that position in Alamo Group 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 | 0.003804 | 0.005083 | 0.004185 | 0.003976 | Price To Sales Ratio | 1.31 | 1.11 | 1.48 | 1.56 |
Alamo Upcoming Company Events
As portrayed in its financial statements, the presentation of Alamo's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alamo's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Alamo's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Alamo. Please utilize our Beneish M Score to check the likelihood of Alamo's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd 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 Alamo
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
Check out Alamo Backtesting, Alamo Valuation, Alamo Correlation, Alamo Hype Analysis, Alamo Volatility, Alamo History and analyze Alamo Performance. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Alamo 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.