Elf Beauty Stock Alpha and Beta Analysis
| ELF Stock | USD 126.42 3.95 3.23% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ELF Beauty. It also helps investors analyze the systematic and unsystematic risks associated with investing in ELF Beauty over a specified time horizon. Remember, high ELF Beauty'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 ELF Beauty's market risk premium analysis include:
Beta 0.95 | Alpha (0.51) | Risk 3.59 | Sharpe Ratio (0.06) | Expected Return (0.22) |
ELF Beauty Quarterly Cash And Equivalents |
|
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.
ELF |
ELF Beauty Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ELF Beauty market risk premium is the additional return an investor will receive from holding ELF Beauty 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 ELF Beauty. 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 ELF Beauty's performance over market.| α | -0.51 | β | 0.95 |
ELF Beauty 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 ELF Beauty's Buy-and-hold return. Our buy-and-hold chart shows how ELF Beauty performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ELF Beauty Market Price Analysis
Market price analysis indicators help investors to evaluate how ELF Beauty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ELF Beauty shares will generate the highest return on investment. By understating and applying ELF Beauty stock market price indicators, traders can identify ELF Beauty position entry and exit signals to maximize returns.
ELF Beauty Return and Market Media
The median price of ELF Beauty for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 112.91 with a coefficient of variation of 13.68. The daily time series for the period is distributed with a sample standard deviation of 16.21, arithmetic mean of 118.49, and mean deviation of 12.01. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | AETHEION Virtual Medspa Celebrates First Anniversary to Experience Innovative Beauty and Wellness | 11/01/2024 |
2 | Holiday Gift Guide 2024 20 Black-Owned Beauty Brands To Shop | 11/07/2024 |
3 | Beauty Health Co earnings missed by 0.06, revenue topped estimates | 11/12/2024 |
4 | Lookfantastic November Beauty Box Exclusive Edit worth over 70 from only 13 | 11/15/2024 |
5 | What Makes e.l.f. Beauty a Compelling Opportunity | 11/18/2024 |
6 | Sunjin Beauty ScienceLtd Third Quarter 2024 Earnings EPS 92.00 | 11/20/2024 |
7 | Beauty health co director Desiree Gruber sells 22,022 in shares | 11/21/2024 |
About ELF Beauty 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 ELF or other stocks. Alpha measures the amount that position in ELF Beauty 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 | 2023 (projected) | Days Sales Outstanding | 46.11 | 42.41 | 42.83 | 44.13 | PTB Ratio | 4.91 | 4.21 | 10.51 | 16.36 |
ELF Beauty Upcoming Company Events
As portrayed in its financial statements, the presentation of ELF Beauty's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ELF Beauty's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of ELF Beauty's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of ELF Beauty. Please utilize our Beneish M Score to check the likelihood of ELF Beauty's management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 22nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Build Portfolio with ELF Beauty
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out ELF Beauty Backtesting, ELF Beauty Valuation, ELF Beauty Correlation, ELF Beauty Hype Analysis, ELF Beauty Volatility, ELF Beauty History and analyze ELF Beauty Performance. For more detail on how to invest in ELF Stock please use our How to Invest in ELF Beauty guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
ELF Beauty 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.