Carpartscom Stock Alpha and Beta Analysis
| PRTS Stock | USD 1.11 0.10 9.90% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as CarPartsCom. It also helps investors analyze the systematic and unsystematic risks associated with investing in CarPartsCom over a specified time horizon. Remember, high CarPartsCom'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 CarPartsCom's market risk premium analysis include:
Beta (0.16) | Alpha 0.44 | Risk 4.32 | Sharpe Ratio 0.13 | Expected Return 0.55 |
Enterprise Value |
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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.
CarPartsCom |
CarPartsCom Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. CarPartsCom market risk premium is the additional return an investor will receive from holding CarPartsCom 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 CarPartsCom. 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 CarPartsCom's performance over market.| α | 0.44 | β | -0.16 |
CarPartsCom 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 CarPartsCom's Buy-and-hold return. Our buy-and-hold chart shows how CarPartsCom performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.CarPartsCom Market Price Analysis
Market price analysis indicators help investors to evaluate how CarPartsCom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CarPartsCom shares will generate the highest return on investment. By understating and applying CarPartsCom stock market price indicators, traders can identify CarPartsCom position entry and exit signals to maximize returns.
CarPartsCom Return and Market Media
The median price of CarPartsCom for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 0.86 with a coefficient of variation of 8.75. The daily time series for the period is distributed with a sample standard deviation of 0.08, arithmetic mean of 0.86, and mean deviation of 0.06. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Michael Huffaker of 598 shares of CarPartsCom at 0.8356 subject to Rule 16b-3 | 09/06/2024 |
2 | Acquisition by Michael Huffaker of 555 shares of CarPartsCom at 0.9 subject to Rule 16b-3 | 09/20/2024 |
3 | Acquisition by Greyson Jay Keith of 12833 shares of CarPartsCom at 0.9 subject to Rule 16b-3 | 09/30/2024 |
4 | CarParts.Com Shares Drop Over 5 percent Amidst Industry Gains | 10/09/2024 |
5 | Acquisition by Michael Huffaker of 657 shares of CarPartsCom at 0.76 subject to Rule 16b-3 | 10/18/2024 |
6 | CarParts Q3 2024 Earnings Preview | 10/28/2024 |
7 | CarParts.com Inc Q3 2024 Earnings Call Highlights Navigating Challenges with Strategic ... | 10/30/2024 |
8 | Earnings call CarParts.com reports improved margins amid market challenges | 10/31/2024 |
9 | Acquisition by Michael Huffaker of 602 shares of CarPartsCom at 0.83 subject to Rule 16b-3 | 11/01/2024 |
10 | CarParts.Com Sees Stock Surge Amid Industry Uptick | 11/04/2024 |
11 | Acquisition by Barnes Jim of 32800 shares of CarPartsCom subject to Rule 16b-3 | 11/11/2024 |
12 | Acquisition by David Meniane of 15068 shares of CarPartsCom subject to Rule 16b-3 | 11/15/2024 |
About CarPartsCom 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 CarPartsCom or other stocks. Alpha measures the amount that position in CarPartsCom 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.
| 2016 | 2023 | 2024 (projected) | Dividend Yield | 4.98E-4 | 5.73E-4 | 5.45E-4 | Price To Sales Ratio | 0.4 | 0.59 | 0.56 |
CarPartsCom Upcoming Company Events
As portrayed in its financial statements, the presentation of CarPartsCom's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CarPartsCom's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of CarPartsCom's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of CarPartsCom. Please utilize our Beneish M Score to check the likelihood of CarPartsCom's management manipulating its earnings.
| 5th of March 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 5th of March 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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Additional Tools for CarPartsCom Stock Analysis
When running CarPartsCom's price analysis, check to measure CarPartsCom'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 CarPartsCom is operating at the current time. Most of CarPartsCom's value examination focuses on studying past and present price action to predict the probability of CarPartsCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarPartsCom's price. Additionally, you may evaluate how the addition of CarPartsCom to your portfolios can decrease your overall portfolio volatility.