Alerus Financial Corp Stock Alpha and Beta Analysis
| ALRS Stock | USD 22.11 0.22 1.01% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Alerus Financial Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Alerus Financial over a specified time horizon. Remember, high Alerus Financial'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 Alerus Financial's market risk premium analysis include:
Beta 1.54 | Alpha (0.11) | Risk 2.55 | Sharpe Ratio 0.0195 | Expected Return 0.0499 |
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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.
Alerus |
Alerus Financial Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Alerus Financial market risk premium is the additional return an investor will receive from holding Alerus Financial 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 Alerus Financial. 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 Alerus Financial's performance over market.| α | -0.11 | β | 1.54 |
Alerus Financial 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 Alerus Financial's Buy-and-hold return. Our buy-and-hold chart shows how Alerus Financial performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Alerus Financial Market Price Analysis
Market price analysis indicators help investors to evaluate how Alerus Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alerus Financial shares will generate the highest return on investment. By understating and applying Alerus Financial stock market price indicators, traders can identify Alerus Financial position entry and exit signals to maximize returns.
Alerus Financial Return and Market Media
The median price of Alerus Financial for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 22.11 with a coefficient of variation of 4.5. The daily time series for the period is distributed with a sample standard deviation of 1.0, arithmetic mean of 22.23, and mean deviation of 0.78. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Alerus Financial Corp Trading 3.11 percent Higher on Sep 17 | 09/17/2024 |
2 | American Century Companies Inc. Sells 23,791 Shares of Alerus Financial Co. - MarketBeat | 09/27/2024 |
3 | Alerus Financial Corp Q2 2024 Earnings Call Highlights Strong Loan Growth and Strategic ... | 10/09/2024 |
4 | Acquisition by Bolton Jeffrey of 1309 shares of Alerus Financial subject to Rule 16b-3 | 10/10/2024 |
| Alerus Financial dividend paid on 11th of October 2024 | 10/11/2024 |
5 | Acquisition by Karin Taylor of 5753 shares of Alerus Financial subject to Rule 16b-3 | 10/23/2024 |
6 | Alerus Financial Corporation Reports Third Quarter 2024 Net Income of 5.2 Million | 10/29/2024 |
7 | Alerus Financial Announces Earnings Results | 10/30/2024 |
8 | Alerus Financial Corp Q3 2024 Earnings Call Highlights Navigating Growth Amidst Challenges | 10/31/2024 |
9 | Acquisition by Katie Lorenson of 1000 shares of Alerus Financial at 20.3 subject to Rule 16b-3 | 11/01/2024 |
10 | Alerus Financial Corporation Q3 2024 Earnings Call Transcript | 11/04/2024 |
About Alerus Financial 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 Alerus or other stocks. Alpha measures the amount that position in Alerus Financial Corp 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 (projected) | Dividend Yield | 0.0214 | 0.0294 | 0.0332 | Price To Sales Ratio | 2.19 | 2.08 | 2.68 |
Alerus Financial Upcoming Company Events
As portrayed in its financial statements, the presentation of Alerus Financial's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alerus Financial's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Alerus Financial's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Alerus Financial. Please utilize our Beneish M Score to check the likelihood of Alerus Financial's management manipulating its earnings.
| 24th of April 2024 Upcoming Quarterly Report | View | |
| 24th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 22nd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
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Additional Tools for Alerus Stock Analysis
When running Alerus Financial's price analysis, check to measure Alerus Financial'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 Alerus Financial is operating at the current time. Most of Alerus Financial's value examination focuses on studying past and present price action to predict the probability of Alerus Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alerus Financial's price. Additionally, you may evaluate how the addition of Alerus Financial to your portfolios can decrease your overall portfolio volatility.