Sendas Distribuidora Sa Stock Alpha and Beta Analysis
| ASAI Stock | USD 6.01 0.11 1.80% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sendas Distribuidora SA. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sendas Distribuidora over a specified time horizon. Remember, high Sendas Distribuidora'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 Sendas Distribuidora's market risk premium analysis include:
Beta 0.36 | Alpha (0.63) | Risk 3.35 | Sharpe Ratio (0.16) | Expected Return (0.54) |
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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.
Sendas |
Sendas Distribuidora Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sendas Distribuidora market risk premium is the additional return an investor will receive from holding Sendas Distribuidora 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 Sendas Distribuidora. 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 Sendas Distribuidora's performance over market.| α | -0.63 | β | 0.36 |
Sendas Distribuidora 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 Sendas Distribuidora's Buy-and-hold return. Our buy-and-hold chart shows how Sendas Distribuidora performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Sendas Distribuidora Market Price Analysis
Market price analysis indicators help investors to evaluate how Sendas Distribuidora stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sendas Distribuidora shares will generate the highest return on investment. By understating and applying Sendas Distribuidora stock market price indicators, traders can identify Sendas Distribuidora position entry and exit signals to maximize returns.
Sendas Distribuidora Return and Market Media
The median price of Sendas Distribuidora for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 6.65 with a coefficient of variation of 14.13. The daily time series for the period is distributed with a sample standard deviation of 1.01, arithmetic mean of 7.12, and mean deviation of 0.89. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Sendas Distribuidora Announces Board Changes - TipRanks | 09/03/2024 |
2 | HIROMI ASAI Spring Summer 2025 Mens Collection TRANSITIONING SEASONS Unveiled at New York Fashion Week | 09/06/2024 |
3 | Proactive Strategies - Stock Traders Daily | 09/17/2024 |
4 | Sendas Distribuidora Announces BlackRock Share Sale - TipRanks | 09/23/2024 |
5 | Sendas Distribuidora SA Q2 2024 Earnings Call Highlights Strong Revenue Growth and ... | 10/09/2024 |
6 | ASSA REVENUE REACHES R 20 BILLION IN THE QUARTER, LEVERAGE CONTINUES TO DECLINE | 11/08/2024 |
7 | Sendas Distribuidora S.A. Q3 2024 Earnings Call Transcript | 11/11/2024 |
About Sendas Distribuidora 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 Sendas or other stocks. Alpha measures the amount that position in Sendas Distribuidora 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 Yield | 0.00136 | 0.001292 | Price To Sales Ratio | 1.3 | 2.53 |
Sendas Distribuidora Upcoming Company Events
As portrayed in its financial statements, the presentation of Sendas Distribuidora's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sendas Distribuidora's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Sendas Distribuidora's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Sendas Distribuidora. Please utilize our Beneish M Score to check the likelihood of Sendas Distribuidora's management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 3rd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Sendas Distribuidora Backtesting, Sendas Distribuidora Valuation, Sendas Distribuidora Correlation, Sendas Distribuidora Hype Analysis, Sendas Distribuidora Volatility, Sendas Distribuidora History and analyze Sendas Distribuidora Performance. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Sendas Distribuidora 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.