Cts Corporation Stock Alpha and Beta Analysis
| CTS Stock | USD 53.18 0.43 0.82% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as CTS Corporation. It also helps investors analyze the systematic and unsystematic risks associated with investing in CTS over a specified time horizon. Remember, high CTS'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 CTS's market risk premium analysis include:
Beta 2.28 | Alpha (0.07) | Risk 2.26 | Sharpe Ratio 0.0604 | Expected Return 0.14 |
CTS 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.
CTS |
CTS Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. CTS market risk premium is the additional return an investor will receive from holding CTS 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 CTS. 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 CTS's performance over market.| α | -0.07 | β | 2.28 |
CTS 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 CTS's Buy-and-hold return. Our buy-and-hold chart shows how CTS performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.CTS Market Price Analysis
Market price analysis indicators help investors to evaluate how CTS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CTS shares will generate the highest return on investment. By understating and applying CTS stock market price indicators, traders can identify CTS position entry and exit signals to maximize returns.
CTS Return and Market Media
The median price of CTS for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 48.38 with a coefficient of variation of 6.82. The daily time series for the period is distributed with a sample standard deviation of 3.37, arithmetic mean of 49.39, and mean deviation of 2.49. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | CTS Corporation Acquires Maglab AG to Strengthen Sensor Technology Portfolio | 10/03/2024 |
2 | Q2 2024 CTS Corp Earnings Call Transcript | 10/09/2024 |
3 | CTS stock performs better than its underlying earnings growth over last five years | 10/17/2024 |
| CTS dividend paid on 25th of October 2024 | 10/25/2024 |
4 | CTS Updates FY24 Earnings Guidance | 10/29/2024 |
5 | CTS Third Quarter 2024 Earnings EPS Beats Expectations | 10/30/2024 |
6 | CTS Corporation Q3 2024 Earnings Call Transcript | 10/31/2024 |
7 | CTS Corporation to Participate in the Baird 2024 Global Industrial Conference | 11/05/2024 |
8 | Acquisition by Dodrill Amy M. of 2400 shares of CTS subject to Rule 16b-3 | 11/07/2024 |
9 | CTS Corporation declares 0.04 dividend | 11/08/2024 |
10 | WASATCH ADVISORS LP Expands Stake in CTS Corp | 11/14/2024 |
11 | A Look At The Intrinsic Value Of CTS Corporation | 11/21/2024 |
About CTS 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 CTS or other stocks. Alpha measures the amount that position in CTS Corporation 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.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 0.004358 | 0.004072 | 0.003674 | Price To Sales Ratio | 2.31 | 2.15 | 2.49 |
CTS Upcoming Company Events
As portrayed in its financial statements, the presentation of CTS's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CTS's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of CTS's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of CTS. Please utilize our Beneish M Score to check the likelihood of CTS's management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for CTS Stock Analysis
When running CTS's price analysis, check to measure CTS'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 CTS is operating at the current time. Most of CTS's value examination focuses on studying past and present price action to predict the probability of CTS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTS's price. Additionally, you may evaluate how the addition of CTS to your portfolios can decrease your overall portfolio volatility.