Civeo Corp Stock Alpha and Beta Analysis
| CVEO Stock | USD 24.45 0.51 2.13% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Civeo Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Civeo Corp over a specified time horizon. Remember, high Civeo Corp'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 Civeo Corp's market risk premium analysis include:
Beta 1.06 | Alpha (0.23) | Risk 1.91 | Sharpe Ratio (0.08) | Expected Return (0.16) |
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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.
Civeo |
Civeo Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Civeo Corp market risk premium is the additional return an investor will receive from holding Civeo Corp 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 Civeo Corp. 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 Civeo Corp's performance over market.| α | -0.23 | β | 1.06 |
Civeo Corp 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 Civeo Corp's Buy-and-hold return. Our buy-and-hold chart shows how Civeo Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Civeo Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how Civeo Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Civeo Corp shares will generate the highest return on investment. By understating and applying Civeo Corp stock market price indicators, traders can identify Civeo Corp position entry and exit signals to maximize returns.
Civeo Corp Return and Market Media
The median price of Civeo Corp for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 27.53 with a coefficient of variation of 4.73. The daily time series for the period is distributed with a sample standard deviation of 1.28, arithmetic mean of 27.03, and mean deviation of 1.05. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Civeo Corp dividend paid on 16th of September 2024 | 09/16/2024 |
1 | American Century Companies Inc. Buys 46,633 Shares of Civeo Co. - MarketBeat | 09/25/2024 |
2 | Q2 2024 Civeo Corp Earnings Call Transcript | 10/09/2024 |
3 | Earnings Preview Civeo Q3 Earnings Expected to Decline | 10/23/2024 |
4 | Civeo earnings missed by 0.35, revenue topped estimates | 10/30/2024 |
5 | Q3 2024 Civeo Corp Earnings Call Transcript | 10/31/2024 |
6 | Stonegate Capital Partners Updates Coverage on Civeo Corporation 2024 Q3 | 11/05/2024 |
7 | Sidoti Events, LLCs Virtual November Micro-Cap Conference | 11/12/2024 |
8 | Disposition of 7117 shares by Peter McCann of Civeo Corp at 30.93 subject to Rule 16b-3 | 11/14/2024 |
9 | Civeo Long-Term Debt Capital Lease Obligation 52.3 Mil - GuruFocus.com | 11/20/2024 |
About Civeo Corp 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 Civeo or other stocks. Alpha measures the amount that position in Civeo 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.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0218 | 0.0251 | 0.0215 | Price To Sales Ratio | 0.62 | 0.49 | 0.88 |
Civeo Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of Civeo Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Civeo Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Civeo Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Civeo Corp. Please utilize our Beneish M Score to check the likelihood of Civeo Corp's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 26th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th 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 Civeo Corp
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Check out Civeo Corp Backtesting, Civeo Corp Valuation, Civeo Corp Correlation, Civeo Corp Hype Analysis, Civeo Corp Volatility, Civeo Corp History and analyze Civeo Corp Performance. To learn how to invest in Civeo Stock, please use our How to Invest in Civeo Corp guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Civeo Corp 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.