Tpi Composites Stock Alpha and Beta Analysis
| TPIC Stock | USD 1.95 0.05 2.50% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as TPI Composites. It also helps investors analyze the systematic and unsystematic risks associated with investing in TPI Composites over a specified time horizon. Remember, high TPI Composites' 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 TPI Composites' market risk premium analysis include:
Beta 0.38 | Alpha (0.95) | Risk 5.45 | Sharpe Ratio (0.19) | Expected Return (1.04) |
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.
TPI |
TPI Composites Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. TPI Composites market risk premium is the additional return an investor will receive from holding TPI Composites 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 TPI Composites. 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 TPI Composites' performance over market.| α | -0.95 | β | 0.38 |
TPI Composites 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 TPI Composites' Buy-and-hold return. Our buy-and-hold chart shows how TPI Composites performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.TPI Composites Market Price Analysis
Market price analysis indicators help investors to evaluate how TPI Composites stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TPI Composites shares will generate the highest return on investment. By understating and applying TPI Composites stock market price indicators, traders can identify TPI Composites position entry and exit signals to maximize returns.
TPI Composites Return and Market Media
The median price of TPI Composites for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 3.92 with a coefficient of variation of 21.12. The daily time series for the period is distributed with a sample standard deviation of 0.8, arithmetic mean of 3.77, and mean deviation of 0.64. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | TPI Composites, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call | 10/17/2024 |
2 | TPI Composites May Report Negative Earnings Know the Trend Ahead of Next Weeks Release | 10/31/2024 |
3 | TPI Composites earnings missed by 0.56, revenue topped estimates | 11/07/2024 |
4 | TPI Composites Reports Q3 Earnings What Key Metrics Have to Say | 11/08/2024 |
5 | Acquisition by Ryan Miller of 10000 shares of TPI Composites at 2.24 subject to Rule 16b-3 | 11/12/2024 |
6 | Acquisition by William Siwek of 10000 shares of TPI Composites at 2.19 subject to Rule 16b-3 | 11/13/2024 |
7 | Tpi composites CFO Ryan Miller buys 22,400 in stock | 11/14/2024 |
8 | Jefferies cuts TPI Composites target to 2.30, maintains hold | 11/20/2024 |
About TPI Composites 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 TPI or other stocks. Alpha measures the amount that position in TPI Composites 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) | Payables Turnover | 6.25 | 6.77 | 4.41 | Days Of Inventory On Hand | 2.39 | 2.23 | 2.12 |
TPI Composites Upcoming Company Events
As portrayed in its financial statements, the presentation of TPI Composites' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, TPI Composites' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of TPI Composites' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of TPI Composites. Please utilize our Beneish M Score to check the likelihood of TPI Composites' management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 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 TPI Composites Backtesting, TPI Composites Valuation, TPI Composites Correlation, TPI Composites Hype Analysis, TPI Composites Volatility, TPI Composites History and analyze TPI Composites Performance. For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
TPI Composites 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.