Englobal Stock Alpha and Beta Analysis
| ENG Stock | USD 1.30 0.06 4.41% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ENGlobal. It also helps investors analyze the systematic and unsystematic risks associated with investing in ENGlobal over a specified time horizon. Remember, high ENGlobal'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 ENGlobal's market risk premium analysis include:
Beta 0.59 | Alpha (0.04) | Risk 5.52 | Sharpe Ratio 0.0001 | Expected Return 0.0004 |
Enterprise Value |
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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.
ENGlobal |
ENGlobal Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ENGlobal market risk premium is the additional return an investor will receive from holding ENGlobal 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 ENGlobal. 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 ENGlobal's performance over market.| α | -0.04 | β | 0.59 |
ENGlobal 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 ENGlobal's Buy-and-hold return. Our buy-and-hold chart shows how ENGlobal performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ENGlobal Market Price Analysis
Market price analysis indicators help investors to evaluate how ENGlobal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ENGlobal shares will generate the highest return on investment. By understating and applying ENGlobal stock market price indicators, traders can identify ENGlobal position entry and exit signals to maximize returns.
ENGlobal Return and Market Media
The median price of ENGlobal for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 1.32 with a coefficient of variation of 6.83. The daily time series for the period is distributed with a sample standard deviation of 0.09, arithmetic mean of 1.34, and mean deviation of 0.07. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Enigma Price Reaches 0.0084 on Exchanges | 09/17/2024 |
2 | ENGlobal Stock Surges Over 9 percent Amidst Market Activity | 10/08/2024 |
3 | Enigma Trading 12.5 percent Higher This Week | 10/14/2024 |
4 | Enigma Hits 24 Hour Trading Volume of 121,863.84 | 10/24/2024 |
5 | Enigma Price Up 4.9 percent Over Last 7 Days | 10/31/2024 |
6 | ENGlobal Stock Surges Over 8 percent Amid Market Fluctuations | 11/11/2024 |
7 | ENGlobal Third Quarter 2024 Earnings US0.097 loss per share | 11/15/2024 |
8 | ENGlobal Book Value per Share -0.78 - GuruFocus.com | 11/20/2024 |
About ENGlobal 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 ENGlobal or other stocks. Alpha measures the amount that position in ENGlobal 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.36 | 0.38 | Price To Sales Ratio | 0.79 | 0.75 |
ENGlobal Upcoming Company Events
As portrayed in its financial statements, the presentation of ENGlobal's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ENGlobal's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of ENGlobal's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of ENGlobal. Please utilize our Beneish M Score to check the likelihood of ENGlobal's management manipulating its earnings.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with ENGlobal
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 ENGlobal Backtesting, ENGlobal Valuation, ENGlobal Correlation, ENGlobal Hype Analysis, ENGlobal Volatility, ENGlobal History and analyze ENGlobal Performance. For more detail on how to invest in ENGlobal Stock please use our How to Invest in ENGlobal guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
ENGlobal 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.