Tredegar Stock Alpha and Beta Analysis
| TG Stock | USD 7.17 0.05 0.70% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Tredegar. It also helps investors analyze the systematic and unsystematic risks associated with investing in Tredegar over a specified time horizon. Remember, high Tredegar'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 Tredegar's market risk premium analysis include:
Beta 1.75 | Alpha 0.21 | Risk 3.67 | Sharpe Ratio 0.0902 | Expected Return 0.33 |
Tredegar 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.
Tredegar |
Tredegar Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Tredegar market risk premium is the additional return an investor will receive from holding Tredegar 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 Tredegar. 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 Tredegar's performance over market.| α | 0.21 | β | 1.75 |
Tredegar 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 Tredegar's Buy-and-hold return. Our buy-and-hold chart shows how Tredegar performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Tredegar Market Price Analysis
Market price analysis indicators help investors to evaluate how Tredegar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tredegar shares will generate the highest return on investment. By understating and applying Tredegar stock market price indicators, traders can identify Tredegar position entry and exit signals to maximize returns.
Tredegar Return and Market Media
The median price of Tredegar for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 7.12 with a coefficient of variation of 10.95. The daily time series for the period is distributed with a sample standard deviation of 0.78, arithmetic mean of 7.1, and mean deviation of 0.58. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by John Gottwald of 3096 shares of Tredegar at 9.89 subject to Rule 16b-3 | 08/30/2024 |
2 | Acquisition by Carl Tack of 4787 shares of Tredegar at 4.7 subject to Rule 16b-3 | 09/10/2024 |
3 | Gabelli Funds LLC Increases Stock Position in Tredegar Co. - MarketBeat | 09/25/2024 |
4 | Acquisition by Carl Tack of 3142 shares of Tredegar at 7.16 subject to Rule 16b-3 | 10/01/2024 |
5 | Tredegar Surface ProtectionObsidian | 10/15/2024 |
6 | Competition Authority in Brazil Approves the Sale of Tredegars Terphane Business Unit to Oben Group Transaction Expected to Close on November 1 | 10/16/2024 |
7 | Tredegar Surface Protection Launches New Packaging Film Optennia | 10/31/2024 |
8 | Tredegar Corp Stock Surges 5.03 percent Amid Strong Financial Performance | 11/01/2024 |
9 | Tredegar Burger van destroyed in bonfire night fire | 11/07/2024 |
10 | Tredegar GAAP EPS of -0.11, revenue of 115.71M | 11/08/2024 |
11 | Tredegar Stock Price Passes Above Two Hundred Day Moving Average - Whats Next - MarketBeat | 11/12/2024 |
12 | Acquisition by Gamco Investors, Inc. Et Al of 500 shares of Tredegar at 7.0097 subject to Rule 16b-3 | 11/19/2024 |
About Tredegar 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 Tredegar or other stocks. Alpha measures the amount that position in Tredegar 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 | 0.0408 | 0.0491 | 0.0481 | 0.0476 | Price To Sales Ratio | 0.48 | 0.37 | 0.26 | 0.25 |
Tredegar Upcoming Company Events
As portrayed in its financial statements, the presentation of Tredegar's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tredegar's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Tredegar's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Tredegar. Please utilize our Beneish M Score to check the likelihood of Tredegar's management manipulating its earnings.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out Tredegar Backtesting, Tredegar Valuation, Tredegar Correlation, Tredegar Hype Analysis, Tredegar Volatility, Tredegar History and analyze Tredegar Performance. For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Tredegar 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.