Central Garden Pet Stock Alpha and Beta Analysis
| CENT Stock | USD 38.81 0.11 0.28% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Central Garden Pet. It also helps investors analyze the systematic and unsystematic risks associated with investing in Central Garden over a specified time horizon. Remember, high Central Garden'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 Central Garden's market risk premium analysis include:
Beta 0.99 | Alpha (0.11) | Risk 1.57 | Sharpe Ratio (0.02) | Expected Return (0.02) |
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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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Central Garden Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Central Garden market risk premium is the additional return an investor will receive from holding Central Garden 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 Central Garden. 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 Central Garden's performance over market.| α | -0.11 | β | 0.99 |
Central Garden 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 Central Garden's Buy-and-hold return. Our buy-and-hold chart shows how Central Garden performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Central Garden Market Price Analysis
Market price analysis indicators help investors to evaluate how Central Garden stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Central Garden shares will generate the highest return on investment. By understating and applying Central Garden stock market price indicators, traders can identify Central Garden position entry and exit signals to maximize returns.
Central Garden Return and Market Media
The median price of Central Garden for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 36.8 with a coefficient of variation of 5.57. The daily time series for the period is distributed with a sample standard deviation of 2.03, arithmetic mean of 36.5, and mean deviation of 1.73. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 60000 shares by William Brown of Central Garden at 33.5363 subject to Rule 16b-3 | 08/30/2024 |
2 | Is Central Garden Pet Stock Hold or Sell Post Q3 Earnings | 09/06/2024 |
3 | Central Garden Pet Shares Purchased by American Century Companies Inc. - MarketBeat | 09/25/2024 |
4 | Central Garden Pet Appoints Niko Lahanas as CEO and Brad Smith as CFO | 09/27/2024 |
5 | Disposition of 3629 shares by John Hanson of Central Garden at 31.01 subject to Rule 16b-3 | 10/01/2024 |
6 | 3 Small-Cap Stocks on the Way to Bigger and Better Days | 10/10/2024 |
7 | Central Garden Pet Releases 20222023 Impact Report | 11/06/2024 |
8 | Is Central Garden Pet Company The Best Pet Stock To Invest In According To Analysts | 11/07/2024 |
9 | Spectrum Brands Q4 Earnings Miss Estimates | 11/15/2024 |
10 | Central Garden Pet to Announce Fourth Quarter and Fiscal Year 2024 Financial Results | 11/19/2024 |
About Central Garden 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 Central or other stocks. Alpha measures the amount that position in Central Garden Pet 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 | 0.002927 | 0.002939 | Price To Sales Ratio | 0.0465 | 0.0442 |
Central Garden Upcoming Company Events
As portrayed in its financial statements, the presentation of Central Garden's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Central Garden's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Central Garden's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Central Garden. Please utilize our Beneish M Score to check the likelihood of Central Garden's management manipulating its earnings.
| 30th of January 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 18th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
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Additional Tools for Central Stock Analysis
When running Central Garden's price analysis, check to measure Central Garden'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 Central Garden is operating at the current time. Most of Central Garden's value examination focuses on studying past and present price action to predict the probability of Central Garden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Central Garden's price. Additionally, you may evaluate how the addition of Central Garden to your portfolios can decrease your overall portfolio volatility.