Cencora Stock Alpha and Beta Analysis
| COR Stock | USD 254.21 4.25 1.64% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Cencora. It also helps investors analyze the systematic and unsystematic risks associated with investing in Cencora over a specified time horizon. Remember, high Cencora'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 Cencora's market risk premium analysis include:
Beta 0.32 | Alpha 0.1 | Risk 1.2 | Sharpe Ratio 0.12 | Expected Return 0.15 |
Cencora 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.
Cencora |
Cencora Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Cencora market risk premium is the additional return an investor will receive from holding Cencora 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 Cencora. 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 Cencora's performance over market.| α | 0.10 | β | 0.32 |
Cencora 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 Cencora's Buy-and-hold return. Our buy-and-hold chart shows how Cencora performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Cencora Market Price Analysis
Market price analysis indicators help investors to evaluate how Cencora stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cencora shares will generate the highest return on investment. By understating and applying Cencora stock market price indicators, traders can identify Cencora position entry and exit signals to maximize returns.
Cencora Return and Market Media
The median price of Cencora for the period between Sun, Nov 3, 2024 and Sat, Feb 1, 2025 is 240.51 with a coefficient of variation of 3.91. The daily time series for the period is distributed with a sample standard deviation of 9.36, arithmetic mean of 239.35, and mean deviation of 8.18. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Cencora dividend paid on 29th of November 2024 | 11/29/2024 |
1 | HighTower Advisors LLC Has 29.15 Million Position in Cencora, Inc. | 12/06/2024 |
2 | Cencora Shares Climb, But Earnings Growth Lags Behind | 12/18/2024 |
3 | Investors in Cencora have seen solid returns of 181 percent over the past five years | 12/31/2024 |
4 | Disposition of 252 shares by Lazarus Krikorian of Cencora subject to Rule 16b-3 | 01/03/2025 |
5 | Cencora Inc Announces First Quarter Fiscal 2025 Earnings Release Date | 01/08/2025 |
6 | Heres Why Cencora is a Strong Value Stock | 01/16/2025 |
7 | Zacks.com featured highlights include The Walt Disney, Leidos, Raymond James Financial, Cencora and Delta Air Lines | 01/17/2025 |
8 | Harrow Launches Harrow Cares Patient Support Program with Cencora Partnership - StockTitan | 01/27/2025 |
9 | Synergy Asset Management LLC Takes Position in Cencora, Inc. - MarketBeat | 01/31/2025 |
About Cencora 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 Cencora or other stocks. Alpha measures the amount that position in Cencora 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 | 2024 (projected) | Dividend Yield | 0.0109 | 0.008383 | Price To Sales Ratio | 0.14 | 0.17 |
Cencora Upcoming Company Events
As portrayed in its financial statements, the presentation of Cencora's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cencora's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Cencora's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Cencora. Please utilize our Beneish M Score to check the likelihood of Cencora's management manipulating its earnings.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th 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 Cencora Stock Analysis
When running Cencora's price analysis, check to measure Cencora'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 Cencora is operating at the current time. Most of Cencora's value examination focuses on studying past and present price action to predict the probability of Cencora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cencora's price. Additionally, you may evaluate how the addition of Cencora to your portfolios can decrease your overall portfolio volatility.