Cannae Holdings Stock Alpha and Beta Analysis
| CNNE Stock | USD 21.71 0.59 2.79% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Cannae Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Cannae Holdings over a specified time horizon. Remember, high Cannae Holdings' 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 Cannae Holdings' market risk premium analysis include:
Beta 1.07 | Alpha 0.0137 | Risk 1.68 | Sharpe Ratio 0.11 | Expected Return 0.19 |
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.
Cannae |
Cannae Holdings Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Cannae Holdings market risk premium is the additional return an investor will receive from holding Cannae Holdings 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 Cannae Holdings. 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 Cannae Holdings' performance over market.| α | 0.01 | β | 1.07 |
Cannae Holdings 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 Cannae Holdings' Buy-and-hold return. Our buy-and-hold chart shows how Cannae Holdings performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Cannae Holdings Market Price Analysis
Market price analysis indicators help investors to evaluate how Cannae Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cannae Holdings shares will generate the highest return on investment. By understating and applying Cannae Holdings stock market price indicators, traders can identify Cannae Holdings position entry and exit signals to maximize returns.
Cannae Holdings Return and Market Media
The median price of Cannae Holdings for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 19.26 with a coefficient of variation of 4.13. The daily time series for the period is distributed with a sample standard deviation of 0.8, arithmetic mean of 19.48, and mean deviation of 0.63. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
| Cannae Holdings dividend paid on 30th of September 2024 | 09/30/2024 |
1 | Q2 2024 Cannae Holdings Inc Earnings Call Transcript | 10/09/2024 |
2 | Cannae Holdings Inc Shares Down 3.7 percent on Oct 21 | 10/21/2024 |
3 | Cannae Holdings, Inc.s high institutional ownership speaks for itself as stock continues to impress, up 4.6 percent over last week | 11/06/2024 |
4 | Cannae Holdings, Inc. Announces Quarterly Cash Dividend of 0.12 | 11/07/2024 |
5 | Earnings To Watch Cannae Holdings Inc Reports Q3 2024 Result | 11/11/2024 |
6 | Cannae Holdings GAAP EPS of -0.22 in-line, revenue of 113.9M beats by 8.23M | 11/12/2024 |
7 | Cannae Holdings, Inc. Q3 2024 Earnings Call Transcript | 11/13/2024 |
8 | Acquisition by Ammerman Douglas K of 6119 shares of Cannae Holdings subject to Rule 16b-3 | 11/14/2024 |
9 | Analysts Are Updating Their Cannae Holdings, Inc. Estimates After Its Third-Quarter Results | 11/15/2024 |
10 | Cannae Holdings, Inc. Shares Sold by Thompson Siegel Walmsley LLC | 11/22/2024 |
About Cannae Holdings 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 Cannae or other stocks. Alpha measures the amount that position in Cannae Holdings 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.
| 2020 | 2021 | 2022 | 2024 (projected) | PB Ratio | 1.0 | 0.95 | 0.62 | 1.23 | Capex To Depreciation | 0.4 | 0.28 | 0.32 | 0.25 |
Cannae Holdings Upcoming Company Events
As portrayed in its financial statements, the presentation of Cannae Holdings' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cannae Holdings' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Cannae Holdings' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Cannae Holdings. Please utilize our Beneish M Score to check the likelihood of Cannae Holdings' management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 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 Cannae Holdings
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Check out Cannae Holdings Backtesting, Cannae Holdings Valuation, Cannae Holdings Correlation, Cannae Holdings Hype Analysis, Cannae Holdings Volatility, Cannae Holdings History and analyze Cannae Holdings Performance. For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Cannae Holdings 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.