Saga Communications Stock Alpha and Beta Analysis
| SGA Stock | USD 13.19 0.57 4.52% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Saga Communications. It also helps investors analyze the systematic and unsystematic risks associated with investing in Saga Communications over a specified time horizon. Remember, high Saga Communications' 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 Saga Communications' market risk premium analysis include:
Beta 0.5 | Alpha (0.23) | Risk 1.65 | Sharpe Ratio (0.1) | Expected Return (0.16) |
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.
Saga |
Saga Communications Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Saga Communications market risk premium is the additional return an investor will receive from holding Saga Communications 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 Saga Communications. 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 Saga Communications' performance over market.| α | -0.23 | β | 0.50 |
Saga Communications 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 Saga Communications' Buy-and-hold return. Our buy-and-hold chart shows how Saga Communications performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Saga Communications Market Price Analysis
Market price analysis indicators help investors to evaluate how Saga Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Saga Communications shares will generate the highest return on investment. By understating and applying Saga Communications stock market price indicators, traders can identify Saga Communications position entry and exit signals to maximize returns.
Saga Communications Return and Market Media
The median price of Saga Communications for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 14.26 with a coefficient of variation of 5.57. The daily time series for the period is distributed with a sample standard deviation of 0.78, arithmetic mean of 14.04, and mean deviation of 0.55. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Brown Clarke Roger Jr of 7 shares of Saga Communications subject to Rule 16b-3 | 09/12/2024 |
2 | Acquisition by Brown Clarke Roger Jr of 545 shares of Saga Communications at 31.2 subject to Rule 16b-3 | 09/27/2024 |
3 | Disposition of 12468 shares by Christian Edward K of Saga Communications at 26.25 subject to Rule 16b-3 | 10/11/2024 |
| Saga Communications dividend paid on 18th of October 2024 | 10/18/2024 |
4 | Dave Luczak discusses Carole Caine, Led Zeppelin visit, plans after retiring QA | 10/23/2024 |
5 | Sarytogan Graphite Targets Cast Iron Market with Micro80C Product | 10/28/2024 |
6 | Fox Q1 Earnings and Revenues Beat Estimates | 11/04/2024 |
7 | Disposition of 452 shares by Wayne Leland of Saga Communications at 13.99 subject to Rule 16b-3 | 11/06/2024 |
8 | Saga Communications Inc Q3 2024 Earnings EPS at 0.20, Revenue Misses Estimate at 28. ... | 11/07/2024 |
9 | OKC Thunder 2024-25 NBA Cup Preview | 11/15/2024 |
10 | Sarytogan Graphite Expands Market Reach with New ASX Securities Listing | 11/22/2024 |
About Saga Communications 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 Saga or other stocks. Alpha measures the amount that position in Saga Communications 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 | 0.0134 | 0.14 | 0.15 | 0.16 | Price To Sales Ratio | 1.32 | 1.23 | 1.19 | 2.17 |
Saga Communications Upcoming Company Events
As portrayed in its financial statements, the presentation of Saga Communications' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Saga Communications' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Saga Communications' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Saga Communications. Please utilize our Beneish M Score to check the likelihood of Saga Communications' management manipulating its earnings.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 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 Saga Communications
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Align your risk with return expectations
Check out Saga Communications Backtesting, Saga Communications Valuation, Saga Communications Correlation, Saga Communications Hype Analysis, Saga Communications Volatility, Saga Communications History and analyze Saga Communications Performance. For information on how to trade Saga Stock refer to our How to Trade Saga Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Saga Communications 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.