Broadway Financial Stock Alpha and Beta Analysis
| BYFC Stock | USD 7.09 0.23 3.35% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Broadway Financial. It also helps investors analyze the systematic and unsystematic risks associated with investing in Broadway Financial over a specified time horizon. Remember, high Broadway Financial'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 Broadway Financial's market risk premium analysis include:
Beta 1.79 | Alpha (0.05) | Risk 4.91 | Sharpe Ratio 0.023 | Expected Return 0.11 |
Enterprise Value |
|
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.
Broadway |
Broadway Financial Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Broadway Financial market risk premium is the additional return an investor will receive from holding Broadway Financial 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 Broadway Financial. 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 Broadway Financial's performance over market.| α | -0.05 | β | 1.79 |
Broadway Financial 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 Broadway Financial's Buy-and-hold return. Our buy-and-hold chart shows how Broadway Financial performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Broadway Financial Market Price Analysis
Market price analysis indicators help investors to evaluate how Broadway Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Broadway Financial shares will generate the highest return on investment. By understating and applying Broadway Financial stock market price indicators, traders can identify Broadway Financial position entry and exit signals to maximize returns.
Broadway Financial Return and Market Media
The median price of Broadway Financial for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 6.76 with a coefficient of variation of 6.3. The daily time series for the period is distributed with a sample standard deviation of 0.43, arithmetic mean of 6.81, and mean deviation of 0.34. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Brenda Battey of 38264 shares of Broadway Financial at 1.23 subject to Rule 16b-3 | 09/20/2024 |
2 | A visceral experience Sunset Boulevard returns to Broadway | 10/25/2024 |
3 | Broadway Financial Corporation Announces Results for Third Quarter 2024 | 10/29/2024 |
4 | Death Becomes Her Works Million-Dollar-Magic On Broadway | 11/05/2024 |
5 | Wicked Michelle Yeoh Says Madame Morrible Different From Broadway Take | 11/11/2024 |
6 | 13 Going On 30 Stage Musical Broadway-Bound After 2025 Opening In The UK | 11/12/2024 |
7 | Jinkx Monsoon Joins Broadway-Bound Pirates The Penzance Musical | 11/13/2024 |
8 | Man doused in bleach in Hackneys Broadway Market as police hunt attacker | 11/14/2024 |
9 | Elton John displays noticeable weight loss at Broadway show | 11/15/2024 |
10 | Elf The Musical Broadway Review Ho Ho Etc. | 11/18/2024 |
11 | Wicked fans, rejoicify Erivo, Grande shine in lavish adaptation of Broadway classic | 11/19/2024 |
12 | Broadway Star Michael Maliakel and Beloved British Actress Lesley Nicol Inspire in Joy Christmas with The Tabernacle Choir | 11/21/2024 |
About Broadway Financial 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 Broadway or other stocks. Alpha measures the amount that position in Broadway Financial 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 | 2.05E-4 | 1.85E-4 | 1.75E-4 | Price To Sales Ratio | 2.15 | 1.73 | 1.64 |
Broadway Financial Upcoming Company Events
As portrayed in its financial statements, the presentation of Broadway Financial's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Broadway Financial's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Broadway Financial's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Broadway Financial. Please utilize our Beneish M Score to check the likelihood of Broadway Financial's management manipulating its earnings.
| 9th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Broadway Financial
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Broadway Financial Backtesting, Broadway Financial Valuation, Broadway Financial Correlation, Broadway Financial Hype Analysis, Broadway Financial Volatility, Broadway Financial History and analyze Broadway Financial Performance. For information on how to trade Broadway Stock refer to our How to Trade Broadway Stock guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Broadway Financial 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.