Virco Manufacturing Stock Alpha and Beta Analysis
| VIRC Stock | USD 15.91 0.20 1.24% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Virco Manufacturing. It also helps investors analyze the systematic and unsystematic risks associated with investing in Virco Manufacturing over a specified time horizon. Remember, high Virco Manufacturing'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 Virco Manufacturing's market risk premium analysis include:
Beta 2.01 | Alpha (0.21) | Risk 3.56 | Sharpe Ratio (0.01) | Expected Return (0.03) |
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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.
Virco |
Virco Manufacturing Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Virco Manufacturing market risk premium is the additional return an investor will receive from holding Virco Manufacturing 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 Virco Manufacturing. 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 Virco Manufacturing's performance over market.| α | -0.21 | β | 2.01 |
Virco Manufacturing 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 Virco Manufacturing's Buy-and-hold return. Our buy-and-hold chart shows how Virco Manufacturing performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Virco Manufacturing Market Price Analysis
Market price analysis indicators help investors to evaluate how Virco Manufacturing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Virco Manufacturing shares will generate the highest return on investment. By understating and applying Virco Manufacturing stock market price indicators, traders can identify Virco Manufacturing position entry and exit signals to maximize returns.
Virco Manufacturing Return and Market Media
The median price of Virco Manufacturing for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 14.53 with a coefficient of variation of 7.49. The daily time series for the period is distributed with a sample standard deviation of 1.1, arithmetic mean of 14.74, and mean deviation of 0.87. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 1429 shares by Patricia Quinones of Virco Manufacturing at 3.51 subject to Rule 16b-3 | 08/30/2024 |
2 | Virco Manufacturing Corp Q2 Earnings EPS of 1.04 Misses Estimates, Revenue of 108.42M Falls Short | 09/09/2024 |
3 | Virco Manufacturing GAAP EPS of 1.04 beats by 0.17, revenue of 108.42M beats by 11.52M | 09/10/2024 |
4 | Acquisition by Robert Virtue of 16500 shares of Virco Manufacturing at 2.23 subject to Rule 16b-3 | 09/13/2024 |
5 | Disposition of 3200 shares by Richardson Bradley C of Virco Manufacturing subject to Rule 16b-3 | 09/16/2024 |
6 | MillerKnoll to Report Q1 Earnings Whats in the Cards | 09/18/2024 |
7 | Virco Manufacturing Corp Stock Price Down 4.8 percent on Sep 24 | 09/24/2024 |
8 | K 12 Furniture Market to Witness Stunning Growth Major Giants Herman Miller, Steelcase, KI, Haskell, Virco | 10/04/2024 |
| Virco Manufacturing dividend paid on 11th of October 2024 | 10/11/2024 |
9 | 3 Furniture Stocks Worth Watching Amid a Challenging Industry Landscape | 10/22/2024 |
10 | Is Virco Mfg. Corporation The Best Furniture Stock To Invest In According To Analysts | 10/30/2024 |
11 | Undiscovered Gems Highlight These 3 Promising Small Cap Stocks | 11/13/2024 |
About Virco Manufacturing 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 Virco or other stocks. Alpha measures the amount that position in Virco Manufacturing 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.
| 2019 | 2023 | 2024 (projected) | Dividend Yield | 0.001675 | 0.001508 | 0.001432 | Price To Sales Ratio | 0.34 | 0.73 | 0.76 |
Virco Manufacturing Upcoming Company Events
As portrayed in its financial statements, the presentation of Virco Manufacturing's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Virco Manufacturing's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Virco Manufacturing's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Virco Manufacturing. Please utilize our Beneish M Score to check the likelihood of Virco Manufacturing's management manipulating its earnings.
| 26th of April 2024 Upcoming Quarterly Report | View | |
| 10th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 26th of April 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Build Portfolio with Virco Manufacturing
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Check out Virco Manufacturing Backtesting, Virco Manufacturing Valuation, Virco Manufacturing Correlation, Virco Manufacturing Hype Analysis, Virco Manufacturing Volatility, Virco Manufacturing History and analyze Virco Manufacturing Performance. For information on how to trade Virco Stock refer to our How to Trade Virco Stock guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Virco Manufacturing 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.