Friedman Industries Stock Alpha and Beta Analysis
| FRD Stock | USD 13.56 0.46 3.28% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Friedman Industries. It also helps investors analyze the systematic and unsystematic risks associated with investing in Friedman Industries over a specified time horizon. Remember, high Friedman Industries' 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 Friedman Industries' market risk premium analysis include:
Beta 1.31 | Alpha (0.23) | Risk 2.87 | Sharpe Ratio (0.04) | Expected Return (0.11) |
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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.
Friedman |
Friedman Industries Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Friedman Industries market risk premium is the additional return an investor will receive from holding Friedman Industries 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 Friedman Industries. 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 Friedman Industries' performance over market.| α | -0.23 | β | 1.31 |
Friedman Industries 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 Friedman Industries' Buy-and-hold return. Our buy-and-hold chart shows how Friedman Industries performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Friedman Industries Market Price Analysis
Market price analysis indicators help investors to evaluate how Friedman Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Friedman Industries shares will generate the highest return on investment. By understating and applying Friedman Industries stock market price indicators, traders can identify Friedman Industries position entry and exit signals to maximize returns.
Friedman Industries Return and Market Media
The median price of Friedman Industries for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 14.76 with a coefficient of variation of 4.6. The daily time series for the period is distributed with a sample standard deviation of 0.68, arithmetic mean of 14.79, and mean deviation of 0.56. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Taylor Mike J of 888 shares of Friedman Industries at 14.4 subject to Rule 16b-3 | 09/10/2024 |
2 | Acquisition by Taylor Mike J of 569 shares of Friedman Industries at 14.4 subject to Rule 16b-3 | 09/11/2024 |
3 | Acquisition by Taylor Mike J of 1043 shares of Friedman Industries at 14.4 subject to Rule 16b-3 | 09/12/2024 |
4 | Acquisition by Joel Spira of 1100 shares of Friedman Industries subject to Rule 16b-3 | 09/13/2024 |
5 | Acquisition by Taylor Mike J of 1322 shares of Friedman Industries at 13.95 subject to Rule 16b-3 | 09/17/2024 |
6 | Friedman declares 0.04 dividend | 09/18/2024 |
7 | Acquisition by Max Reichenthal of 2545 shares of Friedman Industries at 8.7 subject to Rule 16b-3 | 09/24/2024 |
| Friedman Industries dividend paid on 25th of October 2024 | 10/25/2024 |
8 | Acquisition by Taylor Mike J of 4000 shares of Friedman Industries at 12.86 subject to Rule 16b-3 | 11/08/2024 |
9 | Friedman GAAP EPS of -0.10, revenue of 106.8M | 11/12/2024 |
10 | Friedman Stock Declines Post Q2 Earnings on Lower Sales, Demand | 11/14/2024 |
| Friedman Industries dividend paid on 15th of November 2024 | 11/15/2024 |
11 | Acquisition by Taylor Sharon L of 700 shares of Friedman Industries at 13.85 subject to Rule 16b-3 | 11/19/2024 |
12 | Friedman Stock Declines Post Q2 Earnings on Lower Sales, Demand - MSN | 11/21/2024 |
About Friedman Industries 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 Friedman or other stocks. Alpha measures the amount that position in Friedman Industries 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 | 0.009446 | 0.007198 | 0.00442 | 0.004199 | Price To Sales Ratio | 0.2 | 0.15 | 0.25 | 0.26 |
Friedman Industries Upcoming Company Events
As portrayed in its financial statements, the presentation of Friedman Industries' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Friedman Industries' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Friedman Industries' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Friedman Industries. Please utilize our Beneish M Score to check the likelihood of Friedman Industries' management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Friedman Industries
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Align your risk with return expectations
Check out Friedman Industries Backtesting, Friedman Industries Valuation, Friedman Industries Correlation, Friedman Industries Hype Analysis, Friedman Industries Volatility, Friedman Industries History and analyze Friedman Industries Performance. For information on how to trade Friedman Stock refer to our How to Trade Friedman Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Friedman Industries 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.