Transcat Stock Alpha and Beta Analysis
| TRNS Stock | USD 109.02 2.23 2.09% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Transcat. It also helps investors analyze the systematic and unsystematic risks associated with investing in Transcat over a specified time horizon. Remember, high Transcat'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 Transcat's market risk premium analysis include:
Beta 2.01 | Alpha (0.37) | Risk 3.09 | Sharpe Ratio (0.06) | Expected Return (0.18) |
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.
Transcat |
Transcat Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Transcat market risk premium is the additional return an investor will receive from holding Transcat 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 Transcat. 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 Transcat's performance over market.| α | -0.37 | β | 2.01 |
Transcat 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 Transcat's Buy-and-hold return. Our buy-and-hold chart shows how Transcat performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Transcat Market Price Analysis
Market price analysis indicators help investors to evaluate how Transcat stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Transcat shares will generate the highest return on investment. By understating and applying Transcat stock market price indicators, traders can identify Transcat position entry and exit signals to maximize returns.
Transcat Return and Market Media
The median price of Transcat for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 121.36 with a coefficient of variation of 8.56. The daily time series for the period is distributed with a sample standard deviation of 10.11, arithmetic mean of 118.08, and mean deviation of 8.4. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Transcat, Inc. Short Interest Update - MarketBeat | 08/30/2024 |
2 | Disposition of 456 shares by Cairns Craig D. of Transcat subject to Rule 16b-3 | 09/06/2024 |
3 | Acquisition by Cairns Craig D. of 704 shares of Transcat subject to Rule 16b-3 | 09/11/2024 |
4 | Transcat Announces Second Quarter Fiscal Year 2025 Conference Call and Webcast | 10/14/2024 |
5 | Transcat Inc Stock Price Down 3.26 percent on Oct 22 | 10/22/2024 |
6 | Transcat Non-GAAP EPS of 0.52 misses by 0.13, revenue of 67.82M misses by 2.47M | 10/28/2024 |
7 | Transcat Inc Reports Q2 FY25 Earnings EPS at 0.35, Revenue Hits 67. ... | 10/29/2024 |
8 | Transcat Second Quarter 2025 Earnings Misses Expectations | 10/30/2024 |
9 | Transcat, Inc. Just Missed Earnings - But Analysts Have Updated Their Models | 11/01/2024 |
10 | Disposition of 456 shares by Langston Cynthia of Transcat subject to Rule 16b-3 | 11/11/2024 |
11 | Royce Associates LP Purchases 38,774 Shares of Transcat, Inc. | 11/15/2024 |
12 | Howe Rusling Inc. Sells 1,000 Shares of Transcat, Inc. | 11/21/2024 |
About Transcat 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 Transcat or other stocks. Alpha measures the amount that position in Transcat 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.
| 2011 | 2017 | 2023 | 2024 (projected) | Days Sales Outstanding | 59.04 | 71.56 | 67.92 | 61.28 | PTB Ratio | 2.02 | 6.58 | 4.08 | 2.17 |
Transcat Upcoming Company Events
As portrayed in its financial statements, the presentation of Transcat's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Transcat's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Transcat's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Transcat. Please utilize our Beneish M Score to check the likelihood of Transcat's management manipulating its earnings.
| 29th of January 2024 Upcoming Quarterly Report | View | |
| 27th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
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Additional Tools for Transcat Stock Analysis
When running Transcat's price analysis, check to measure Transcat'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 Transcat is operating at the current time. Most of Transcat's value examination focuses on studying past and present price action to predict the probability of Transcat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcat's price. Additionally, you may evaluate how the addition of Transcat to your portfolios can decrease your overall portfolio volatility.