Kaiser Aluminum Stock Alpha and Beta Analysis
| KALU Stock | USD 83.78 2.13 2.61% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Kaiser Aluminum. It also helps investors analyze the systematic and unsystematic risks associated with investing in Kaiser Aluminum over a specified time horizon. Remember, high Kaiser Aluminum'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 Kaiser Aluminum's market risk premium analysis include:
Beta 2.2 | Alpha (0.01) | Risk 2.62 | Sharpe Ratio 0.0689 | Expected Return 0.18 |
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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.
Kaiser |
Kaiser Aluminum Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Kaiser Aluminum market risk premium is the additional return an investor will receive from holding Kaiser Aluminum 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 Kaiser Aluminum. 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 Kaiser Aluminum's performance over market.| α | -0.0086 | β | 2.20 |
Kaiser Aluminum 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 Kaiser Aluminum's Buy-and-hold return. Our buy-and-hold chart shows how Kaiser Aluminum performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Kaiser Aluminum Market Price Analysis
Market price analysis indicators help investors to evaluate how Kaiser Aluminum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kaiser Aluminum shares will generate the highest return on investment. By understating and applying Kaiser Aluminum stock market price indicators, traders can identify Kaiser Aluminum position entry and exit signals to maximize returns.
Kaiser Aluminum Return and Market Media
The median price of Kaiser Aluminum for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 71.38 with a coefficient of variation of 7.15. The daily time series for the period is distributed with a sample standard deviation of 5.24, arithmetic mean of 73.29, and mean deviation of 4.24. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | How to Take Advantage of moves in - Stock Traders Daily | 09/20/2024 |
2 | Kaiser Aluminum Q3 2024 Earnings Preview | 10/22/2024 |
3 | Kaiser Aluminum Corp Q3 2024 Earnings Report Preview What To Look For | 10/23/2024 |
4 | Kaiser Aluminum Third Quarter 2024 Earnings EPS US0.75 | 10/25/2024 |
5 | Kaiser Aluminum Corp Trading 7.77 percent Higher on Oct 28 | 10/28/2024 |
6 | Kaiser Aluminum Corporation to Participate in Bairds 2024 Global Industrial Conference | 11/05/2024 |
7 | Invesco Ltd. Bolsters Portfolio with Strategic Acquisition of Kaiser Aluminum Corp Shares | 11/07/2024 |
| Kaiser Aluminum dividend paid on 15th of November 2024 | 11/15/2024 |
9 | Disposition of 3288 shares by John Donnan of Kaiser Aluminum at 71.76 subject to Rule 16b-3 | 11/21/2024 |
10 | Investors in Kaiser Aluminum have seen notable returns of 41 percent over the past year | 11/22/2024 |
About Kaiser Aluminum 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 Kaiser or other stocks. Alpha measures the amount that position in Kaiser Aluminum 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 (projected) | Dividend Yield | 0.0314 | 0.0415 | 0.0443 | Price To Sales Ratio | 0.57 | 0.35 | 0.37 |
Kaiser Aluminum Upcoming Company Events
As portrayed in its financial statements, the presentation of Kaiser Aluminum's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Kaiser Aluminum's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Kaiser Aluminum's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Kaiser Aluminum. Please utilize our Beneish M Score to check the likelihood of Kaiser Aluminum's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 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 Kaiser Aluminum
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Additional Tools for Kaiser Stock Analysis
When running Kaiser Aluminum's price analysis, check to measure Kaiser Aluminum'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 Kaiser Aluminum is operating at the current time. Most of Kaiser Aluminum's value examination focuses on studying past and present price action to predict the probability of Kaiser Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kaiser Aluminum's price. Additionally, you may evaluate how the addition of Kaiser Aluminum to your portfolios can decrease your overall portfolio volatility.