Tandy Leather Factory Stock Alpha and Beta Analysis
| TLF Stock | USD 4.74 0.11 2.27% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Tandy Leather Factory. It also helps investors analyze the systematic and unsystematic risks associated with investing in Tandy Leather over a specified time horizon. Remember, high Tandy Leather'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 Tandy Leather's market risk premium analysis include:
Beta (0.65) | Alpha 0.31 | Risk 3.17 | Sharpe Ratio 0.0969 | Expected Return 0.31 |
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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.
Tandy |
Tandy Leather Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Tandy Leather market risk premium is the additional return an investor will receive from holding Tandy Leather 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 Tandy Leather. 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 Tandy Leather's performance over market.| α | 0.31 | β | -0.65 |
Tandy Leather 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 Tandy Leather's Buy-and-hold return. Our buy-and-hold chart shows how Tandy Leather performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Tandy Leather Market Price Analysis
Market price analysis indicators help investors to evaluate how Tandy Leather stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tandy Leather shares will generate the highest return on investment. By understating and applying Tandy Leather stock market price indicators, traders can identify Tandy Leather position entry and exit signals to maximize returns.
Tandy Leather Return and Market Media
The median price of Tandy Leather for the period between Wed, Sep 18, 2024 and Tue, Dec 17, 2024 is 4.21 with a coefficient of variation of 4.78. The daily time series for the period is distributed with a sample standard deviation of 0.2, arithmetic mean of 4.25, and mean deviation of 0.14. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | ELO announce final gig at Londons Hyde Park | 10/21/2024 |
2 | Acquisition by Pappas James C of tradable shares of Tandy Leather at 8.5 subject to Rule 16b-3 | 10/22/2024 |
3 | No Scotland concerns about Edinburgh form - Steve Tandy | 10/29/2024 |
4 | Tandy Leather Factory Reports Third Quarter 2024 Results | 11/12/2024 |
5 | KyKy Tandy scores 21 and Florida Atlantic pulls away late to beat Oklahoma State 86-78 | 11/21/2024 |
6 | RED ROBIN GOURMET BURGERS, INC. ANNOUNCES INVESTMENT AND APPOINTS NEW INDEPENDENT DIRECTORS | 12/03/2024 |
7 | Tandy Leather to sell Fort Worth HQ for 26.5M | 12/12/2024 |
About Tandy Leather 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 Tandy or other stocks. Alpha measures the amount that position in Tandy Leather Factory 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.
| 2023 | 2024 (projected) | PTB Ratio | 0.63 | 0.6 | Dividend Yield | 0.0319 | 0.0304 |
Tandy Leather Upcoming Company Events
As portrayed in its financial statements, the presentation of Tandy Leather's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tandy Leather's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Tandy Leather's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Tandy Leather. Please utilize our Beneish M Score to check the likelihood of Tandy Leather's management manipulating its earnings.
| 1st of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out Tandy Leather Backtesting, Tandy Leather Valuation, Tandy Leather Correlation, Tandy Leather Hype Analysis, Tandy Leather Volatility, Tandy Leather History and analyze Tandy Leather Performance. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Tandy Leather 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.