Trex Company Stock Alpha and Beta Analysis
| TREX Stock | USD 70.34 1.46 2.12% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Trex Company. It also helps investors analyze the systematic and unsystematic risks associated with investing in Trex over a specified time horizon. Remember, high Trex'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 Trex's market risk premium analysis include:
Beta 1 | Alpha 0.0347 | Risk 2.01 | Sharpe Ratio 0.0541 | Expected Return 0.11 |
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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.
Trex |
Trex Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Trex market risk premium is the additional return an investor will receive from holding Trex 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 Trex. 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 Trex's performance over market.| α | 0.03 | β | 1.00 |
Trex 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 Trex's Buy-and-hold return. Our buy-and-hold chart shows how Trex performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Trex Market Price Analysis
Market price analysis indicators help investors to evaluate how Trex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trex shares will generate the highest return on investment. By understating and applying Trex stock market price indicators, traders can identify Trex position entry and exit signals to maximize returns.
Trex Return and Market Media
The median price of Trex for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 66.41 with a coefficient of variation of 5.01. The daily time series for the period is distributed with a sample standard deviation of 3.34, arithmetic mean of 66.71, and mean deviation of 2.79. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 1197 shares by Amy Fernandez of Trex at 56.8 subject to Rule 16b-3 | 08/28/2024 |
2 | Acquisition by Jacob Rudolph of tradable shares of Trex at 56.59 subject to Rule 16b-3 | 10/03/2024 |
3 | Disposition of 542 shares by Brenda Lovcik of Trex at 62.86 subject to Rule 16b-3 | 10/23/2024 |
4 | Trex Co Inc Trading 3.85 percent Higher on Oct 29 | 10/29/2024 |
5 | Trex Company Announces November December 2024 Investor Conference Schedule | 11/04/2024 |
6 | Trex Company Insiders Sold US2.1m Of Shares Suggesting Hesitancy | 11/11/2024 |
7 | Trex Companys Exclusivity Strategy Drives Shifts in the Distribution Landscape | 11/13/2024 |
8 | Entropy Technologies LP Buys 12,468 Shares of Trex Company, Inc. | 11/14/2024 |
9 | Trex Company Welcomes New Chief Information Officer to Leadership Team | 11/18/2024 |
About Trex 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 Trex or other stocks. Alpha measures the amount that position in Trex Company 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) | Dividend Yield | 0.0437 | 0.0459 | Price To Sales Ratio | 8.22 | 8.63 |
Trex Upcoming Company Events
As portrayed in its financial statements, the presentation of Trex's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Trex's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Trex's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Trex. Please utilize our Beneish M Score to check the likelihood of Trex's management manipulating its earnings.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th 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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Additional Tools for Trex Stock Analysis
When running Trex's price analysis, check to measure Trex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trex is operating at the current time. Most of Trex's value examination focuses on studying past and present price action to predict the probability of Trex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trex's price. Additionally, you may evaluate how the addition of Trex to your portfolios can decrease your overall portfolio volatility.