Faro Technologies Stock Alpha and Beta Analysis
| FARO Stock | USD 27.00 0.70 2.66% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as FARO Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in FARO Technologies over a specified time horizon. Remember, high FARO Technologies' 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 FARO Technologies' market risk premium analysis include:
Beta 1.4 | Alpha 0.67 | Risk 5 | Sharpe Ratio 0.16 | Expected Return 0.82 |
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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.
FARO |
FARO Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. FARO Technologies market risk premium is the additional return an investor will receive from holding FARO Technologies 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 FARO Technologies. 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 FARO Technologies' performance over market.| α | 0.67 | β | 1.40 |
FARO Technologies 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 FARO Technologies' Buy-and-hold return. Our buy-and-hold chart shows how FARO Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.FARO Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how FARO Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FARO Technologies shares will generate the highest return on investment. By understating and applying FARO Technologies stock market price indicators, traders can identify FARO Technologies position entry and exit signals to maximize returns.
FARO Technologies Return and Market Media
The median price of FARO Technologies for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 18.08 with a coefficient of variation of 17.29. The daily time series for the period is distributed with a sample standard deviation of 3.35, arithmetic mean of 19.39, and mean deviation of 2.52. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 1415 shares by Matthew Horwath of FARO Technologies subject to Rule 16b-3 | 08/30/2024 |
2 | Insider Trading | 10/21/2024 |
3 | Acquisition by Phillip Delnick of 6610 shares of FARO Technologies subject to Rule 16b-3 | 11/01/2024 |
4 | Disposition of 5750 shares by Yuval Wasserman of FARO Technologies at 19.21 subject to Rule 16b-3 | 11/06/2024 |
5 | FARO Technologies, Inc. Q3 2024 Earnings Call Transcript | 11/08/2024 |
6 | Acquisition by Davern Alexander M of 8000 shares of FARO Technologies at 11.6022 subject to Rule 16b-3 | 11/12/2024 |
About FARO Technologies 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 FARO or other stocks. Alpha measures the amount that position in FARO Technologies 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) | Days Sales Outstanding | 84.84 | 95.35 | 93.61 | 99.47 | PTB Ratio | 3.9 | 1.73 | 1.59 | 1.51 |
FARO Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of FARO Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, FARO Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of FARO Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of FARO Technologies. Please utilize our Beneish M Score to check the likelihood of FARO Technologies' management manipulating its earnings.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st 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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Check out FARO Technologies Backtesting, FARO Technologies Valuation, FARO Technologies Correlation, FARO Technologies Hype Analysis, FARO Technologies Volatility, FARO Technologies History and analyze FARO Technologies Performance. To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
FARO Technologies 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.