Southern Copper Stock Alpha and Beta Analysis
| SCCO Stock | USD 102.01 2.27 2.28% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Southern Copper. It also helps investors analyze the systematic and unsystematic risks associated with investing in Southern Copper over a specified time horizon. Remember, high Southern Copper'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 Southern Copper's market risk premium analysis include:
Beta 0.74 | Alpha (0.08) | Risk 2.5 | Sharpe Ratio (0.02) | Expected Return (0.04) |
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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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Southern Copper Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Southern Copper market risk premium is the additional return an investor will receive from holding Southern Copper 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 Southern Copper. 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 Southern Copper's performance over market.| α | -0.08 | β | 0.74 |
Southern Copper 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 Southern Copper's Buy-and-hold return. Our buy-and-hold chart shows how Southern Copper performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Southern Copper Market Price Analysis
Market price analysis indicators help investors to evaluate how Southern Copper stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Southern Copper shares will generate the highest return on investment. By understating and applying Southern Copper stock market price indicators, traders can identify Southern Copper position entry and exit signals to maximize returns.
Southern Copper Return and Market Media
The median price of Southern Copper for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 108.21 with a coefficient of variation of 6.87. The daily time series for the period is distributed with a sample standard deviation of 7.32, arithmetic mean of 106.51, and mean deviation of 6.55. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Southern Copper Corporation Is a Trending Stock Facts to Know Before Betting on It | 09/19/2024 |
2 | Acquisition by Contreras Lerdo De Tejada Leonardo of 400 shares of Southern Copper subject to Rule 16b-3 | 10/14/2024 |
3 | Heres How Much Youd Have If You Invested 1000 in Southern Copper a Decade Ago | 10/17/2024 |
4 | Southern Copper declares 0.62 dividend | 10/23/2024 |
5 | Southern Copper Co. Declares Dividend of 0.62 | 10/24/2024 |
6 | Southern Copper Co. Shares Sold by Deltec Asset Management LLC | 10/30/2024 |
7 | Four Days Left To Buy Southern Copper Corporation Before The Ex-Dividend Date | 11/01/2024 |
8 | PDS Planning Inc Purchases 156 Shares of Southern Copper Co. | 11/05/2024 |
9 | Southern Copper Clears Key Benchmark, Hitting 80-Plus RS Rating | 11/08/2024 |
10 | Stocks Showing Rising Market Leadership Cameco Earns 84 RS Rating | 11/13/2024 |
11 | Disposition of 101 shares by Palomino Bonilla Luis Miguel of Southern Copper at 103.68 subject to Rule 16b-3 | 11/19/2024 |
12 | SCP Investment LP Purchases New Shares in Southern Copper Co. | 11/20/2024 |
| Southern Copper dividend paid on 21st of November 2024 | 11/21/2024 |
About Southern Copper 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 Southern or other stocks. Alpha measures the amount that position in Southern Copper 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) | Dividend Yield | 0.053 | 0.0593 | 0.0468 | 0.0484 | Price To Sales Ratio | 4.27 | 4.54 | 6.68 | 7.02 |
Southern Copper Upcoming Company Events
As portrayed in its financial statements, the presentation of Southern Copper's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Southern Copper's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Southern Copper's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Southern Copper. Please utilize our Beneish M Score to check the likelihood of Southern Copper's management manipulating its earnings.
| 2nd of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 2nd 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 Southern Copper
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Southern Copper Backtesting, Southern Copper Valuation, Southern Copper Correlation, Southern Copper Hype Analysis, Southern Copper Volatility, Southern Copper History and analyze Southern Copper Performance. To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Southern Copper 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.