Mcgrath Rentcorp Stock Alpha and Beta Analysis
| MGRC Stock | USD 124.31 1.73 1.41% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as McGrath RentCorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in McGrath RentCorp over a specified time horizon. Remember, high McGrath RentCorp'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 McGrath RentCorp's market risk premium analysis include:
Beta 0.35 | Alpha 0.2 | Risk 1.3 | Sharpe Ratio 0.11 | Expected Return 0.14 |
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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.
McGrath |
McGrath RentCorp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. McGrath RentCorp market risk premium is the additional return an investor will receive from holding McGrath RentCorp 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 McGrath RentCorp. 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 McGrath RentCorp's performance over market.| α | 0.20 | β | 0.34 |
McGrath RentCorp 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 McGrath RentCorp's Buy-and-hold return. Our buy-and-hold chart shows how McGrath RentCorp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.McGrath RentCorp Market Price Analysis
Market price analysis indicators help investors to evaluate how McGrath RentCorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading McGrath RentCorp shares will generate the highest return on investment. By understating and applying McGrath RentCorp stock market price indicators, traders can identify McGrath RentCorp position entry and exit signals to maximize returns.
McGrath RentCorp Return and Market Media
The median price of McGrath RentCorp for the period between Fri, Nov 1, 2024 and Thu, Jan 30, 2025 is 118.03 with a coefficient of variation of 3.93. The daily time series for the period is distributed with a sample standard deviation of 4.59, arithmetic mean of 116.87, and mean deviation of 3.89. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
| McGrath RentCorp dividend paid on 31st of October 2024 | 10/31/2024 |
2 | Acquisition by Keith Pratt of 6100 shares of McGrath RentCorp subject to Rule 16b-3 | 11/01/2024 |
3 | McGrath to Present at the Baird 2024 Global Industrial Conference | 11/04/2024 |
4 | Disposition of 4410 shares by Joseph Hanna of McGrath RentCorp at 120.5091 subject to Rule 16b-3 | 11/06/2024 |
5 | Disposition of 4105 shares by Joseph Hanna of McGrath RentCorp at 121.7261 subject to Rule 16b-3 | 11/07/2024 |
6 | Insider Sale President and CEO Joseph Hanna Sells Shares of McGrath RentCorp | 11/08/2024 |
7 | McGrath RentCorp price target raised to 1 from 124 at Oppenheimer - TipRanks | 11/22/2024 |
8 | McGrath to Participate in the Wolfe Research Small and Mid-Cap Conference | 12/02/2024 |
9 | Disposition of 919 shares by Malek Gilda of McGrath RentCorp at 121.78 subject to Rule 16b-3 | 12/09/2024 |
10 | McGrath RentCorp VP sells 111,915 in stock - Investing.com | 12/11/2024 |
11 | Franklin Resources Inc. Has 119.46 Million Position in McGrath RentCorp - MarketBeat | 12/16/2024 |
12 | McGrath RentCorp Modular Segment Should Lead Growth Ahead - Seeking Alpha | 12/31/2024 |
13 | McGrath RentCorp Plans 0.48 Quarterly Dividend | 01/15/2025 |
About McGrath RentCorp 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 McGrath or other stocks. Alpha measures the amount that position in McGrath RentCorp 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.
| 2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.0184 | 0.0156 | 0.014 | 0.02 | Price To Sales Ratio | 3.28 | 3.52 | 3.17 | 1.87 |
McGrath RentCorp Upcoming Company Events
As portrayed in its financial statements, the presentation of McGrath RentCorp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, McGrath RentCorp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of McGrath RentCorp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of McGrath RentCorp. Please utilize our Beneish M Score to check the likelihood of McGrath RentCorp's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 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 |
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Check out McGrath RentCorp Backtesting, McGrath RentCorp Valuation, McGrath RentCorp Correlation, McGrath RentCorp Hype Analysis, McGrath RentCorp Volatility, McGrath RentCorp History and analyze McGrath RentCorp Performance. For information on how to trade McGrath Stock refer to our How to Trade McGrath Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
McGrath RentCorp 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.