Resideo Technologies Stock Alpha and Beta Analysis
| REZI Stock | USD 26.37 0.02 0.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Resideo Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Resideo Technologies over a specified time horizon. Remember, high Resideo Technologies' 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 Resideo Technologies' market risk premium analysis include:
Beta 2.07 | Alpha 0.37 | Risk 2.38 | Sharpe Ratio 0.18 | Expected Return 0.44 |
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.
Resideo |
Resideo Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Resideo Technologies market risk premium is the additional return an investor will receive from holding Resideo Technologies 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 Resideo Technologies. 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 Resideo Technologies' performance over market.| α | 0.37 | β | 2.07 |
Resideo Technologies 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 Resideo Technologies' Buy-and-hold return. Our buy-and-hold chart shows how Resideo Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Resideo Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how Resideo Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Resideo Technologies shares will generate the highest return on investment. By understating and applying Resideo Technologies stock market price indicators, traders can identify Resideo Technologies position entry and exit signals to maximize returns.
Resideo Technologies Return and Market Media
The median price of Resideo Technologies for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 20.11 with a coefficient of variation of 10.22. The daily time series for the period is distributed with a sample standard deviation of 2.11, arithmetic mean of 20.61, and mean deviation of 1.49. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Robert Aarnes of 64667 shares of Resideo Technologies subject to Rule 16b-3 | 08/30/2024 |
2 | First Alert Fire Prevention Month Survey Demonstrates Potential Safety Risk | 10/07/2024 |
3 | Resideo announces CEO succession plan, new chairman of board | 11/07/2024 |
4 | Resideo Technologies Inc Q3 2024 Earnings Call Highlights Strong Revenue Growth and ... | 11/08/2024 |
5 | Stocks Showing Improving Market Leadership Resideo Technologies Earns 85 RS Rating | 11/11/2024 |
6 | Resideo Technologies Reaches New 52-Week High Time to Buy | 11/14/2024 |
7 | Disposition of 1395 shares by Michael Carlet of Resideo Technologies at 25.36 subject to Rule 16b-3 | 11/15/2024 |
8 | Disposition of 15990 shares by Jeannine Lane of Resideo Technologies at 25.5838 subject to Rule 16b-3 | 11/18/2024 |
9 | Resideo Technologies EVP sells 409,084 in stock | 11/20/2024 |
About Resideo Technologies 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 Resideo or other stocks. Alpha measures the amount that position in Resideo Technologies 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 | 2024 (projected) | Days Sales Outstanding | 54.69 | 57.41 | 56.9 | 65.78 | PTB Ratio | 1.66 | 0.95 | 1.01 | 1.39 |
Resideo Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of Resideo Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Resideo Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Resideo Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Resideo Technologies. Please utilize our Beneish M Score to check the likelihood of Resideo Technologies' management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th 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 Resideo Technologies Backtesting, Resideo Technologies Valuation, Resideo Technologies Correlation, Resideo Technologies Hype Analysis, Resideo Technologies Volatility, Resideo Technologies History and analyze Resideo Technologies Performance. For more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Resideo Technologies 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.