Advansix Stock Alpha and Beta Analysis
| ASIX Stock | USD 31.68 0.55 1.77% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as AdvanSix. It also helps investors analyze the systematic and unsystematic risks associated with investing in AdvanSix over a specified time horizon. Remember, high AdvanSix'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 AdvanSix's market risk premium analysis include:
Beta 1.81 | Alpha (0.08) | Risk 2.02 | Sharpe Ratio 0.0585 | Expected Return 0.12 |
Enterprise Value |
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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.
AdvanSix |
AdvanSix Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. AdvanSix market risk premium is the additional return an investor will receive from holding AdvanSix 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 AdvanSix. 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 AdvanSix's performance over market.| α | -0.08 | β | 1.81 |
AdvanSix 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 AdvanSix's Buy-and-hold return. Our buy-and-hold chart shows how AdvanSix performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.AdvanSix Market Price Analysis
Market price analysis indicators help investors to evaluate how AdvanSix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AdvanSix shares will generate the highest return on investment. By understating and applying AdvanSix stock market price indicators, traders can identify AdvanSix position entry and exit signals to maximize returns.
AdvanSix Return and Market Media
The median price of AdvanSix for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 29.66 with a coefficient of variation of 4.28. The daily time series for the period is distributed with a sample standard deviation of 1.26, arithmetic mean of 29.42, and mean deviation of 1.03. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Should Value Investors Buy AdvanSix Stock | 09/04/2024 |
2 | Acquisition by Daniel Sansone of 4393 shares of AdvanSix subject to Rule 16b-3 | 09/06/2024 |
3 | Disposition of 1000 shares by Achilles Kintiroglou of AdvanSix at 30.0 subject to Rule 16b-3 | 09/23/2024 |
4 | 4 High Earnings Yield Stocks That Value Investors Should Buy Now | 09/27/2024 |
5 | Insider Trading | 10/01/2024 |
6 | Freeport-McMoRans Earnings Miss Estimates in Q3, Revenues Beat | 10/22/2024 |
7 | AdvanSix Non-GAAP EPS of 0.88 beats by 0.22, revenue of 8.19M beats by 40.54M | 11/01/2024 |
8 | AdvanSix declares 0.16 dividend | 11/04/2024 |
9 | Advansix SVP Kintiroglou sells 11,253 in stock | 11/05/2024 |
10 | Disposition of 2435 shares by Christopher Gramm of AdvanSix at 32.0 subject to Rule 16b-3 | 11/06/2024 |
11 | Why AdvanSix Inc. Could Be Worth Watching | 11/07/2024 |
12 | Insider Buying Donald Newmans Recent Acquisition of AdvanSix Inc Shares | 11/20/2024 |
13 | AdvanSix Inc. Director Acquires 149,089.20 in Stock | 11/22/2024 |
About AdvanSix 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 AdvanSix or other stocks. Alpha measures the amount that position in AdvanSix 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.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0142 | 0.0204 | 0.0193 | Price To Sales Ratio | 0.55 | 0.53 | 0.42 |
AdvanSix Upcoming Company Events
As portrayed in its financial statements, the presentation of AdvanSix's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, AdvanSix's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of AdvanSix's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of AdvanSix. Please utilize our Beneish M Score to check the likelihood of AdvanSix's management manipulating its earnings.
| 16th of February 2024 Upcoming Quarterly Report | View | |
| 3rd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 16th 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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Additional Tools for AdvanSix Stock Analysis
When running AdvanSix's price analysis, check to measure AdvanSix'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 AdvanSix is operating at the current time. Most of AdvanSix's value examination focuses on studying past and present price action to predict the probability of AdvanSix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AdvanSix's price. Additionally, you may evaluate how the addition of AdvanSix to your portfolios can decrease your overall portfolio volatility.