Avery Dennison Corp Stock Alpha and Beta Analysis
| AVY Stock | USD 207.94 5.35 2.64% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Avery Dennison Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Avery Dennison over a specified time horizon. Remember, high Avery Dennison'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 Avery Dennison's market risk premium analysis include:
Beta 0.53 | Alpha (0.16) | Risk 1.26 | Sharpe Ratio (0.05) | Expected Return (0.07) |
Avery Dennison Quarterly Cash And Equivalents |
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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.
Avery |
Avery Dennison Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Avery Dennison market risk premium is the additional return an investor will receive from holding Avery Dennison 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 Avery Dennison. 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 Avery Dennison's performance over market.| α | -0.16 | β | 0.53 |
Avery Dennison 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 Avery Dennison's Buy-and-hold return. Our buy-and-hold chart shows how Avery Dennison performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Avery Dennison Market Price Analysis
Market price analysis indicators help investors to evaluate how Avery Dennison stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avery Dennison shares will generate the highest return on investment. By understating and applying Avery Dennison stock market price indicators, traders can identify Avery Dennison position entry and exit signals to maximize returns.
Avery Dennison Return and Market Media
The median price of Avery Dennison for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 215.41 with a coefficient of variation of 3.43. The daily time series for the period is distributed with a sample standard deviation of 7.29, arithmetic mean of 212.6, and mean deviation of 6.38. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
| Avery Dennison dividend paid on 18th of September 2024 | 09/18/2024 |
1 | Avery Dennison Co. Given Consensus Rating of Moderate Buy by Brokerages - MarketBeat | 10/08/2024 |
2 | Disposition of 252 shares by Mitchell Butier of Avery Dennison at 206.5876 subject to Rule 16b-3 | 10/18/2024 |
3 | Avery Dennison Expands RFID Adoption in Grocery Retail Industry | 10/22/2024 |
4 | Avery Dennison Corp Q3 2024 Earnings Call Highlights Strong EPS Growth and Strategic ... | 10/24/2024 |
5 | Avery Dennison Prices 500 Million Senior Notes Offering | 10/31/2024 |
6 | AXON Gears Up to Report Q3 Earnings Whats in the Offing | 11/05/2024 |
7 | Asset Management One Co. Ltd. Lowers Stock Holdings in Avery Dennison Co. | 11/06/2024 |
8 | Avery Dennison Corporation Driving Growth with Innovation and Scale | 11/08/2024 |
9 | State of New Jersey Common Pension Fund D Cuts Position in Avery Dennison Co. | 11/12/2024 |
10 | Insider Trading | 11/15/2024 |
About Avery Dennison 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 Avery or other stocks. Alpha measures the amount that position in Avery Dennison 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.
| 2016 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.023 | 0.0162 | 0.0186 | 0.0277 | Price To Sales Ratio | 1.02 | 1.63 | 1.47 | 0.83 |
Avery Dennison Upcoming Company Events
As portrayed in its financial statements, the presentation of Avery Dennison's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Avery Dennison's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Avery Dennison's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Avery Dennison. Please utilize our Beneish M Score to check the likelihood of Avery Dennison's management manipulating its earnings.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 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 Avery Stock Analysis
When running Avery Dennison's price analysis, check to measure Avery Dennison'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 Avery Dennison is operating at the current time. Most of Avery Dennison's value examination focuses on studying past and present price action to predict the probability of Avery Dennison's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avery Dennison's price. Additionally, you may evaluate how the addition of Avery Dennison to your portfolios can decrease your overall portfolio volatility.