Emcor Group Stock Alpha and Beta Analysis
| EME Stock | USD 504.92 22.03 4.18% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as EMCOR Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in EMCOR over a specified time horizon. Remember, high EMCOR'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 EMCOR's market risk premium analysis include:
Beta 1.46 | Alpha 0.3 | Risk 2.1 | Sharpe Ratio 0.22 | Expected Return 0.46 |
EMCOR 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.
EMCOR |
EMCOR Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. EMCOR market risk premium is the additional return an investor will receive from holding EMCOR 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 EMCOR. 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 EMCOR's performance over market.| α | 0.30 | β | 1.46 |
EMCOR 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 EMCOR's Buy-and-hold return. Our buy-and-hold chart shows how EMCOR performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.EMCOR Market Price Analysis
Market price analysis indicators help investors to evaluate how EMCOR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EMCOR shares will generate the highest return on investment. By understating and applying EMCOR stock market price indicators, traders can identify EMCOR position entry and exit signals to maximize returns.
EMCOR Return and Market Media
The median price of EMCOR for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 435.36 with a coefficient of variation of 10.66. The daily time series for the period is distributed with a sample standard deviation of 46.56, arithmetic mean of 436.94, and mean deviation of 35.5. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Emcor Group Flat As Market Gains What You Should Know | 10/18/2024 |
| EMCOR dividend paid on 30th of October 2024 | 10/30/2024 |
2 | EMCOR GAAP EPS of 5.80, revenue of 3.7B | 10/31/2024 |
3 | Heres Why Emcor Group is a Strong Growth Stock | 11/05/2024 |
4 | EMCOR Group Inc.Significant Interest from Institutional Investors | 11/12/2024 |
5 | Fuller Thaler Asset Management, Inc. Expands Stake in Hillenbrand Inc | 11/13/2024 |
6 | Kayne Anderson Rudnick Investment Management LLC Adjusts Stake in Dolby Laboratories Inc | 11/14/2024 |
7 | EMCOR Group Is Investing Its Capital With Increasing Efficiency | 11/15/2024 |
8 | Should BNY Mellon US Mid Cap Core Equity ETF Be on Your Investing Radar | 11/18/2024 |
9 | Wall Street Analysts See Emcor Group as a Buy Should You Invest | 11/19/2024 |
10 | Thompson Davis CO. Inc. Grows Position in EMCOR Group, Inc. | 11/20/2024 |
11 | Is Cementos Pacasmayo Outperforming Other Construction Stocks This Year | 11/21/2024 |
About EMCOR 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 EMCOR or other stocks. Alpha measures the amount that position in EMCOR Group 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 | 2024 (projected) | Dividend Yield | 0.004089 | 0.003676 | 0.003204 | 0.005045 | Price To Sales Ratio | 0.7 | 0.67 | 0.81 | 0.85 |
EMCOR Upcoming Company Events
As portrayed in its financial statements, the presentation of EMCOR's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, EMCOR's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of EMCOR's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of EMCOR. Please utilize our Beneish M Score to check the likelihood of EMCOR's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd 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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Align your risk with return expectations
Check out EMCOR Backtesting, EMCOR Valuation, EMCOR Correlation, EMCOR Hype Analysis, EMCOR Volatility, EMCOR History and analyze EMCOR Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
EMCOR 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.