Ceco Environmental Corp Stock Alpha and Beta Analysis
| CECO Stock | USD 31.36 1.16 3.84% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as CECO Environmental Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in CECO Environmental over a specified time horizon. Remember, high CECO Environmental'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 CECO Environmental's market risk premium analysis include:
Beta 2.24 | Alpha (0.02) | Risk 3.41 | Sharpe Ratio 0.0596 | Expected Return 0.2 |
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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.
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CECO Environmental Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. CECO Environmental market risk premium is the additional return an investor will receive from holding CECO Environmental 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 CECO Environmental. 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 CECO Environmental's performance over market.| α | -0.02 | β | 2.24 |
CECO Environmental 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 CECO Environmental's Buy-and-hold return. Our buy-and-hold chart shows how CECO Environmental performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.CECO Environmental Market Price Analysis
Market price analysis indicators help investors to evaluate how CECO Environmental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CECO Environmental shares will generate the highest return on investment. By understating and applying CECO Environmental stock market price indicators, traders can identify CECO Environmental position entry and exit signals to maximize returns.
CECO Environmental Return and Market Media
The median price of CECO Environmental for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 27.36 with a coefficient of variation of 6.55. The daily time series for the period is distributed with a sample standard deviation of 1.77, arithmetic mean of 26.99, and mean deviation of 1.37. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Wallman Richard F of 10000 shares of CECO Environmental at 28.7722 subject to Rule 16b-3 | 08/30/2024 |
2 | Thrivent Financial for Lutherans Buys New Shares in CECO Environmental Corp. - MarketBeat | 09/26/2024 |
3 | Acquisition by Wallman Richard F of 12000 shares of CECO Environmental at 13.76 subject to Rule 16b-3 | 10/10/2024 |
4 | Acquisition by Liner David B of 10500 shares of CECO Environmental at 9.5 subject to Rule 16b-3 | 10/21/2024 |
5 | CECO Environmental Non-GAAP EPS of 0.14 misses by 0.06, revenue of 135.51M misses by 20.43M | 10/29/2024 |
6 | Whats Driving CECO Environmentals Financial Health | 10/30/2024 |
7 | CECO Environmental Corp. Q3 2024 Earnings Call Transcript | 10/31/2024 |
8 | We Think You Can Look Beyond CECO Environmentals Lackluster Earnings | 11/06/2024 |
9 | CECO Environmental Corp. Investigated by Shareholder Rights Advocates - Investors Should Contact Levi Korsinsky Regarding Potential Securities Law Violations - ... | 11/11/2024 |
10 | CECO Environmental Corp. Investigated Regarding Potential Securities Law Violations - Contact Levi Korsinsky for Details- CECO | 11/13/2024 |
11 | Acquisition by Knowling Robert E Jr of 5712 shares of CECO Environmental subject to Rule 16b-3 | 11/21/2024 |
12 | Foundry Partners LLC Trims Stake in CECO Environmental Corp. | 11/22/2024 |
About CECO Environmental 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 CECO or other stocks. Alpha measures the amount that position in CECO Environmental 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.0167 | 0.0281 | Price To Sales Ratio | 1.29 | 1.23 |
CECO Environmental Upcoming Company Events
As portrayed in its financial statements, the presentation of CECO Environmental's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CECO Environmental's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of CECO Environmental's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of CECO Environmental. Please utilize our Beneish M Score to check the likelihood of CECO Environmental's management manipulating its earnings.
| 4th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th 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 CECO Environmental
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Check out CECO Environmental Backtesting, CECO Environmental Valuation, CECO Environmental Correlation, CECO Environmental Hype Analysis, CECO Environmental Volatility, CECO Environmental History and analyze CECO Environmental Performance. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
CECO Environmental 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.