Artesian Resources Stock Alpha and Beta Analysis
| ARTNA Stock | USD 34.04 0.28 0.82% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Artesian Resources. It also helps investors analyze the systematic and unsystematic risks associated with investing in Artesian Resources over a specified time horizon. Remember, high Artesian Resources' 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 Artesian Resources' market risk premium analysis include:
Beta 0.59 | Alpha (0.16) | Risk 1.66 | Sharpe Ratio (0.04) | Expected Return (0.07) |
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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.
Artesian |
Artesian Resources Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Artesian Resources market risk premium is the additional return an investor will receive from holding Artesian Resources 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 Artesian Resources. 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 Artesian Resources' performance over market.| α | -0.16 | β | 0.59 |
Artesian Resources 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 Artesian Resources' Buy-and-hold return. Our buy-and-hold chart shows how Artesian Resources performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Artesian Resources Market Price Analysis
Market price analysis indicators help investors to evaluate how Artesian Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Artesian Resources shares will generate the highest return on investment. By understating and applying Artesian Resources stock market price indicators, traders can identify Artesian Resources position entry and exit signals to maximize returns.
Artesian Resources Return and Market Media
The median price of Artesian Resources for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 35.67 with a coefficient of variation of 3.62. The daily time series for the period is distributed with a sample standard deviation of 1.29, arithmetic mean of 35.55, and mean deviation of 1.0. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Shareholders in Artesian Resources are in the red if they invested a year ago | 09/03/2024 |
2 | Acquisition by Biederman Kenneth R of 1000 shares of Artesian Resources subject to Rule 16b-3 | 09/16/2024 |
3 | Marshall Wace LLP Makes New 1.03 Million Investment in Artesian Resources Co. - MarketBeat | 10/08/2024 |
4 | Artesian Resources Corporation Announces Second 2 percent Increase This Year in Quarterly Common Stock Dividend | 11/04/2024 |
5 | Artesian Resources Corporation Reports Earnings for Quarter and Nine Months Ended September 30, 2024 | 11/06/2024 |
6 | Insight into T. Rowe Price Investment Managements Recent Stake Increase in Artesian Resources Corp | 11/14/2024 |
About Artesian Resources 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 Artesian or other stocks. Alpha measures the amount that position in Artesian Resources 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 | 2024 (projected) | Dividend Yield | 0.0226 | 0.0186 | 0.0386 | Price To Sales Ratio | 4.79 | 5.6 | 2.26 |
Artesian Resources Upcoming Company Events
As portrayed in its financial statements, the presentation of Artesian Resources' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Artesian Resources' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Artesian Resources' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Artesian Resources. Please utilize our Beneish M Score to check the likelihood of Artesian Resources' management manipulating its earnings.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 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 Artesian Resources
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Check out Artesian Resources Backtesting, Artesian Resources Valuation, Artesian Resources Correlation, Artesian Resources Hype Analysis, Artesian Resources Volatility, Artesian Resources History and analyze Artesian Resources Performance. For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Artesian Resources 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.