Turtle Beach Corp Stock Alpha and Beta Analysis
| HEAR Stock | USD 15.12 0.28 1.89% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Turtle Beach Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Turtle Beach over a specified time horizon. Remember, high Turtle Beach'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 Turtle Beach's market risk premium analysis include:
Beta 1.53 | Alpha (0.13) | Risk 2.72 | Sharpe Ratio 0.0184 | Expected Return 0.05 |
Enterprise Value |
|
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.
Turtle |
Turtle Beach Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Turtle Beach market risk premium is the additional return an investor will receive from holding Turtle Beach 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 Turtle Beach. 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 Turtle Beach's performance over market.| α | -0.13 | β | 1.53 |
Turtle Beach 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 Turtle Beach's Buy-and-hold return. Our buy-and-hold chart shows how Turtle Beach performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Turtle Beach Market Price Analysis
Market price analysis indicators help investors to evaluate how Turtle Beach stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Turtle Beach shares will generate the highest return on investment. By understating and applying Turtle Beach stock market price indicators, traders can identify Turtle Beach position entry and exit signals to maximize returns.
Turtle Beach Return and Market Media
The median price of Turtle Beach for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 15.02 with a coefficient of variation of 6.1. The daily time series for the period is distributed with a sample standard deviation of 0.93, arithmetic mean of 15.31, and mean deviation of 0.73. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Jimenez Terry of 2500 shares of Turtle Beach at 10.89 subject to Rule 16b-3 | 08/30/2024 |
2 | Turtle Beach Drives Growth in Key International Markets, Including Canada Key Territories in Latin America | 10/14/2024 |
3 | Turtle Beach Corp Shares Up 4 percent on Oct 17 | 10/17/2024 |
4 | Turtle Beach Corporation to Report Third Quarter 2024 Financial Results on Thursday, November 7, 2024 | 10/24/2024 |
5 | Turtle Beach GAAP EPS of 0.16 beats by 0.02, revenue of 94.36M beats by 6.94M | 11/07/2024 |
6 | Turtle Beach Q3 2024 Earnings Call Transcript | 11/08/2024 |
7 | Turtle Beachs Earnings May Just Be The Starting Point | 11/14/2024 |
8 | Acquisition by Keirn Cris of 3000 shares of Turtle Beach at 14.86 subject to Rule 16b-3 | 11/20/2024 |
9 | Turtle Beach CEO Keirn Cris buys 44,580 in stock | 11/21/2024 |
About Turtle Beach 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 Turtle or other stocks. Alpha measures the amount that position in Turtle Beach Corp 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 | 0.27 | 0.18 | Price To Sales Ratio | 0.73 | 0.69 |
Turtle Beach Upcoming Company Events
As portrayed in its financial statements, the presentation of Turtle Beach's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Turtle Beach's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Turtle Beach's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Turtle Beach. Please utilize our Beneish M Score to check the likelihood of Turtle Beach's management manipulating its earnings.
| 11th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 11th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Turtle Beach
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
Additional Tools for Turtle Stock Analysis
When running Turtle Beach's price analysis, check to measure Turtle Beach's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turtle Beach is operating at the current time. Most of Turtle Beach's value examination focuses on studying past and present price action to predict the probability of Turtle Beach's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turtle Beach's price. Additionally, you may evaluate how the addition of Turtle Beach to your portfolios can decrease your overall portfolio volatility.