Alithya Group Inc Stock Alpha and Beta Analysis

ALYA Stock  CAD 1.61  0.06  3.59%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Alithya Group inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Alithya Group over a specified time horizon. Remember, high Alithya Group'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 Alithya Group's market risk premium analysis include:
Beta
0.44
Alpha
(0.28)
Risk
2.15
Sharpe Ratio
(0.04)
Expected Return
(0.09)
Please note that although Alithya Group 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, Alithya Group did 0.28  worse 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 Alithya Group inc stock's relative risk over its benchmark. Alithya Group inc has a beta of 0.44  . As returns on the market increase, Alithya Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alithya Group is expected to be smaller as well. At this time, Alithya Group's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 1st of December 2024, Enterprise Value Multiple is likely to grow to 24.41, while Book Value Per Share is likely to drop 1.54.

Enterprise Value

212.75 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 Alithya Group Backtesting, Alithya Group Valuation, Alithya Group Correlation, Alithya Group Hype Analysis, Alithya Group Volatility, Alithya Group History and analyze Alithya Group Performance.

Alithya Group Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Alithya Group market risk premium is the additional return an investor will receive from holding Alithya Group 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 Alithya Group. 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 Alithya Group's performance over market.
α-0.28   β0.44

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

Alithya Group Market Price Analysis

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

Alithya Group Return and Market Media

The median price of Alithya Group for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 1.74 with a coefficient of variation of 4.18. The daily time series for the period is distributed with a sample standard deviation of 0.07, arithmetic mean of 1.75, and mean deviation of 0.06. The Stock received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
Alithya Group Trading Up 1.7 percent - MarketBeat
09/17/2024
2
Alithya To Release Second Quarter Fiscal 2025 Financial Results On November 14 - Barchart
11/21/2024

About Alithya Group 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 Alithya or other stocks. Alpha measures the amount that position in Alithya Group inc 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)
Dividend Yield0.140.15
Price To Sales Ratio0.390.38
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alithya Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alithya Group's short interest history, or implied volatility extrapolated from Alithya Group options trading.

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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

Other Information on Investing in Alithya Stock

Alithya Group financial ratios help investors to determine whether Alithya Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alithya with respect to the benefits of owning Alithya Group security.