Steelcase Stock Alpha and Beta Analysis
| SCS Stock | USD 13.27 0.23 1.76% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Steelcase. It also helps investors analyze the systematic and unsystematic risks associated with investing in Steelcase over a specified time horizon. Remember, high Steelcase'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 Steelcase's market risk premium analysis include:
Beta 1.38 | Alpha (0.17) | Risk 1.93 | Sharpe Ratio (0.02) | Expected Return (0.03) |
Steelcase Quarterly Cash And Equivalents |
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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.
Steelcase |
Steelcase Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Steelcase market risk premium is the additional return an investor will receive from holding Steelcase 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 Steelcase. 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 Steelcase's performance over market.| α | -0.17 | β | 1.38 |
Steelcase 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 Steelcase's Buy-and-hold return. Our buy-and-hold chart shows how Steelcase performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Steelcase Market Price Analysis
Market price analysis indicators help investors to evaluate how Steelcase stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Steelcase shares will generate the highest return on investment. By understating and applying Steelcase stock market price indicators, traders can identify Steelcase position entry and exit signals to maximize returns.
Steelcase Return and Market Media
The median price of Steelcase for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 13.09 with a coefficient of variation of 3.67. The daily time series for the period is distributed with a sample standard deviation of 0.48, arithmetic mean of 13.11, and mean deviation of 0.37. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Omni Workspace welcomes Phillip Brown Jr. as General Manager of Turnkey Project Services, a commercial furniture and facility services company | 09/05/2024 |
2 | Futures Rip To New All Time Highs After Fed Rate Cut, As Yields, Commodities Jump | 09/19/2024 |
3 | Should Value Investors Buy Steelcase Stock | 09/26/2024 |
| Steelcase dividend paid on 15th of October 2024 | 10/15/2024 |
5 | Steelcases earnings have declined over five years, contributing to shareholders 9.3 percent loss | 10/17/2024 |
6 | Does Steelcase Have the Potential to Rally 28.13 percent as Wall Street Analysts Expect | 10/21/2024 |
7 | Youve seen the ads, heard about the scandal. What else to know about Mark Robinson | 10/24/2024 |
8 | Is Steelcase Inc. Potentially Undervalued | 10/30/2024 |
9 | CrossCountry Consulting Announces Acquisition of SCS Cloud, Expanding NetSuite Capabilities | 11/01/2024 |
10 | Acquisition by Peter Wege of 4300 shares of Steelcase subject to Rule 16b-3 | 11/04/2024 |
11 | This chair automatically adjusts to your weight and its over 200 off right now | 11/06/2024 |
12 | FIFTH THIRD BANCORPs Strategic Acquisition of Steelcase Inc Sha - GuruFocus.com | 11/14/2024 |
13 | Act fast Steelcase Black Friday sale knocks 25 percent off sitewide | 11/18/2024 |
About Steelcase 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 Steelcase or other stocks. Alpha measures the amount that position in Steelcase 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.
| 2011 | 2013 | 2019 (projected) | Dividend Yield | 0.0261 | 0.0314 | 0.0326 | Price To Sales Ratio | 0.61 | 0.59 | 0.46 |
Steelcase Upcoming Company Events
As portrayed in its financial statements, the presentation of Steelcase's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Steelcase's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Steelcase's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Steelcase. Please utilize our Beneish M Score to check the likelihood of Steelcase's management manipulating its earnings.
| 27th of March 2024 Upcoming Quarterly Report | View | |
| 19th of June 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 27th of March 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 28th of February 2023 Last Financial Announcement | View |
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Additional Tools for Steelcase Stock Analysis
When running Steelcase's price analysis, check to measure Steelcase'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 Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.