Pro Dex Stock Alpha and Beta Analysis
| PDEX Stock | USD 42.95 0.31 0.72% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Pro Dex. It also helps investors analyze the systematic and unsystematic risks associated with investing in Pro Dex over a specified time horizon. Remember, high Pro Dex'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 Pro Dex's market risk premium analysis include:
Beta 0.66 | Alpha 0.82 | Risk 5.94 | Sharpe Ratio 0.0708 | Expected Return 0.42 |
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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.
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Pro Dex Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Pro Dex market risk premium is the additional return an investor will receive from holding Pro Dex 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 Pro Dex. 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 Pro Dex's performance over market.| α | 0.82 | β | 0.66 |
Pro Dex 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 Pro Dex's Buy-and-hold return. Our buy-and-hold chart shows how Pro Dex performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Pro Dex Market Price Analysis
Market price analysis indicators help investors to evaluate how Pro Dex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pro Dex shares will generate the highest return on investment. By understating and applying Pro Dex stock market price indicators, traders can identify Pro Dex position entry and exit signals to maximize returns.
Pro Dex Return and Market Media
The median price of Pro Dex for the period between Fri, Nov 1, 2024 and Thu, Jan 30, 2025 is 46.74 with a coefficient of variation of 14.49. The daily time series for the period is distributed with a sample standard deviation of 6.51, arithmetic mean of 44.92, and mean deviation of 4.78. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Cabillot Raymond E of 1000 shares of Pro Dex subject to Rule 16b-3 | 11/20/2024 |
2 | Disposition of 5800 shares by Domingo Angelita Rebamontan of Pro Dex subject to Rule 16b-3 | 11/21/2024 |
3 | Pro-Dex shareholders elect board, ratify accounting firm | 11/22/2024 |
4 | Acquisition by Farrell William James Iii of 4000 shares of Pro Dex at 47.5 subject to Rule 16b-3 | 12/16/2024 |
5 | Has Pro-Dex, Inc.s Impressive Stock Performance Got Anything to Do With Its Fundamentals | 01/07/2025 |
6 | Disposition of 1147 shares by Cabillot Raymond E of Pro Dex at 45.18 subject to Rule 16b-3 | 01/14/2025 |
7 | Disposition of 1493 shares by Cabillot Raymond E of Pro Dex at 44.24 subject to Rule 16b-3 | 01/16/2025 |
8 | Disposition of 2594 shares by Cabillot Raymond E of Pro Dex at 46.06 subject to Rule 16b-3 | 01/21/2025 |
9 | Disposition of 947 shares by Cabillot Raymond E of Pro Dex at 43.02 subject to Rule 16b-3 | 01/22/2025 |
10 | Acquisition by Domingo Angelita Rebamontan of tradable shares of Pro Dex at 41.11 subject to Rule 16b-3 | 01/23/2025 |
11 | Disposition of 8077 shares by Cabillot Raymond E of Pro Dex at 41.62 subject to Rule 16b-3 | 01/27/2025 |
12 | Disposition of 5381 shares by Cabillot Raymond E of Pro Dex at 41.64 subject to Rule 16b-3 | 01/28/2025 |
About Pro Dex 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 Pro or other stocks. Alpha measures the amount that position in Pro Dex 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.
| 2024 | 2025 (projected) | Dividend Yield | 3.72E-4 | 3.3E-4 | Price To Sales Ratio | 1.07 | 0.84 |
Pro Dex Upcoming Company Events
As portrayed in its financial statements, the presentation of Pro Dex's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Pro Dex's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Pro Dex's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Pro Dex. Please utilize our Beneish M Score to check the likelihood of Pro Dex's management manipulating its earnings.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Pro Dex
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Additional Tools for Pro Stock Analysis
When running Pro Dex's price analysis, check to measure Pro Dex'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 Pro Dex is operating at the current time. Most of Pro Dex's value examination focuses on studying past and present price action to predict the probability of Pro Dex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pro Dex's price. Additionally, you may evaluate how the addition of Pro Dex to your portfolios can decrease your overall portfolio volatility.