Seneca Foods Corp Stock Alpha and Beta Analysis
| SENEB Stock | USD 71.26 0.76 1.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Seneca Foods Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Seneca Foods over a specified time horizon. Remember, high Seneca Foods' 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 Seneca Foods' market risk premium analysis include:
Beta (0.05) | Alpha 0.27 | Risk 175.42 | Sharpe Ratio 0.16 | Expected Return 27.78 |
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.
Seneca |
Seneca Foods Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Seneca Foods market risk premium is the additional return an investor will receive from holding Seneca Foods 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 Seneca Foods. 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 Seneca Foods' performance over market.| α | 0.27 | β | -0.05 |
Seneca Foods Fundamentals Vs Peers
Comparing Seneca Foods' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Seneca Foods' direct or indirect competition across all of the common fundamentals between Seneca Foods and the related equities. This way, we can detect undervalued stocks with similar characteristics as Seneca Foods or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Seneca Foods' fundamental indicators could also be used in its relative valuation, which is a method of valuing Seneca Foods by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Seneca Foods to competition |
| Fundamentals | Seneca Foods | Peer Average |
| Return On Equity | 0.07 | -0.31 |
| Return On Asset | 0.0366 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.06 % | (5.51) % |
| Current Valuation | 1.01 B | 16.62 B |
| Shares Outstanding | 1.63 M | 571.82 M |
| Shares Owned By Insiders | 85.81 % | 10.09 % |
Seneca Foods Opportunities
Seneca Foods Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Libbys Vegetables Launches the Cook With Libbys Cooking Challenge for Vegetable-Forward Recipes | 06/17/2024 |
2 | Seneca Foods Shares Cross Above 200 Day Moving Average of 54.51 - Defense World | 06/20/2024 |
3 | Seneca Foods Fiscal Q1 Earnings Snapshot | 08/08/2024 |
4 | With 42 percent ownership, Seneca Foods Corporation has piqued the interest of institutional investors - Yahoo Finance | 09/17/2024 |
About Seneca Foods 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 Seneca or other stocks. Alpha measures the amount that position in Seneca Foods Corp 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 | 2024 (projected) | Dividend Yield | 5.1E-5 | 5.3E-5 | Price To Sales Ratio | 0.32 | 0.39 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Seneca Foods in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Seneca Foods' short interest history, or implied volatility extrapolated from Seneca Foods options trading.
Build Portfolio with Seneca Foods
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
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Seneca Foods 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.