Sndl Inc Stock Alpha and Beta Analysis
| SNDL Stock | USD 2.02 0.04 2.02% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SNDL Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in SNDL over a specified time horizon. Remember, high SNDL'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 SNDL's market risk premium analysis include:
Beta (0.25) | Alpha 0.009796 | Risk 3.1 | Sharpe Ratio 0.0206 | Expected Return 0.0639 |
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.
SNDL |
SNDL Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SNDL market risk premium is the additional return an investor will receive from holding SNDL 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 SNDL. 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 SNDL's performance over market.| α | 0.01 | β | -0.25 |
SNDL 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 SNDL's Buy-and-hold return. Our buy-and-hold chart shows how SNDL performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.SNDL Market Price Analysis
Market price analysis indicators help investors to evaluate how SNDL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SNDL shares will generate the highest return on investment. By understating and applying SNDL stock market price indicators, traders can identify SNDL position entry and exit signals to maximize returns.
SNDL Return and Market Media
The median price of SNDL for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 2.01 with a coefficient of variation of 4.33. The daily time series for the period is distributed with a sample standard deviation of 0.09, arithmetic mean of 2.04, and mean deviation of 0.07. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | SNDL Inc Shares Up 7.07 percent on Sep 9 | 09/09/2024 |
2 | Cannabis Stock Gainers And Losers From October 30, 2024 | 10/30/2024 |
3 | Cannabis Stock Gainers And Losers From November 1, 2024 | 11/01/2024 |
4 | What To Expect From SNDL Inc Q3 2024 Earnings | 11/04/2024 |
5 | SNDL reports Q3 results | 11/05/2024 |
6 | SNDL Inc Q3 2024 Earnings Call Highlights Record Gross Margin and Strategic Initiatives ... | 11/06/2024 |
7 | SNDL Inc. Q3 2024 Earnings Call Transcript | 11/07/2024 |
8 | SNDL Authorizes C100M Share Buyback Program, Targets 13.2M Shares SNDL Stock News - StockTitan | 11/14/2024 |
9 | SNDL Appoints New Chief Information Officer and New President, Liquor Division | 11/21/2024 |
About SNDL 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 SNDL or other stocks. Alpha measures the amount that position in SNDL Inc 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 | 2023 | 2024 (projected) | Days Sales Outstanding | 70.66 | 10.87 | 10.32 | PTB Ratio | 1.03 | 0.46 | 0.44 |
SNDL Upcoming Company Events
As portrayed in its financial statements, the presentation of SNDL's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SNDL's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of SNDL's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of SNDL. Please utilize our Beneish M Score to check the likelihood of SNDL's management manipulating its earnings.
| 22nd of April 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of April 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 SNDL Backtesting, SNDL Valuation, SNDL Correlation, SNDL Hype Analysis, SNDL Volatility, SNDL History and analyze SNDL Performance. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
SNDL 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.