Western Alliance Bancorporation Stock Alpha and Beta Analysis
| WAL Stock | USD 93.65 2.37 2.60% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Western Alliance Bancorporation. It also helps investors analyze the systematic and unsystematic risks associated with investing in Western Alliance over a specified time horizon. Remember, high Western Alliance'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 Western Alliance's market risk premium analysis include:
Beta 2.62 | Alpha 0.0105 | Risk 2.88 | Sharpe Ratio 0.0988 | Expected Return 0.28 |
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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.
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Western Alliance Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Western Alliance market risk premium is the additional return an investor will receive from holding Western Alliance 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 Western Alliance. 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 Western Alliance's performance over market.| α | 0.01 | β | 2.62 |
Western Alliance 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 Western Alliance's Buy-and-hold return. Our buy-and-hold chart shows how Western Alliance performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Western Alliance Market Price Analysis
Market price analysis indicators help investors to evaluate how Western Alliance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Western Alliance shares will generate the highest return on investment. By understating and applying Western Alliance stock market price indicators, traders can identify Western Alliance position entry and exit signals to maximize returns.
Western Alliance Return and Market Media
The median price of Western Alliance for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 83.92 with a coefficient of variation of 5.3. The daily time series for the period is distributed with a sample standard deviation of 4.5, arithmetic mean of 84.88, and mean deviation of 3.69. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
| Western Alliance dividend paid on 30th of August 2024 | 08/30/2024 |
1 | Disposition of 101 shares by Barbara Kennedy of Western Alliance subject to Rule 16b-3 | 09/13/2024 |
2 | Acquisition by Nachlas Emily of tradable shares of Western Alliance subject to Rule 16b-3 | 10/08/2024 |
3 | Western Alliance Stock Dips After Q3 Results Heres Why | 10/17/2024 |
4 | 3 Stocks Estimated To Be Undervalued By Up To 32.6 | 10/24/2024 |
5 | Disposition of 158 shares by Tim Bruckner of Western Alliance at 90.88 subject to Rule 16b-3 | 11/01/2024 |
6 | Acquisition by Timothy Boothe of tradable shares of Western Alliance subject to Rule 16b-3 | 11/05/2024 |
7 | 3 Stocks Possibly Trading Below Fair Value By Up To 43.3 | 11/06/2024 |
8 | Acquisition by Kenneth Vecchione of 5 shares of Western Alliance subject to Rule 16b-3 | 11/07/2024 |
9 | Western Alliance Bancorporation Is Paying Out A Larger Dividend Than Last Year | 11/08/2024 |
10 | Rakuten Securities Inc. Reduces Stock Position in Western Alliance Bancorporation | 11/13/2024 |
11 | Disposition of 5 shares by Kenneth Vecchione of Western Alliance subject to Rule 16b-3 | 11/15/2024 |
12 | Disposition of 5 shares by Kenneth Vecchione of Western Alliance at 90.38 subject to Rule 16b-3 | 11/18/2024 |
13 | Is Western Alliance Bancorp Poised For Future Growth | 11/20/2024 |
14 | Western Alliance Bancorporation Receives Consensus Recommendation of Moderate Buy from Analysts | 11/21/2024 |
About Western Alliance 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 Western or other stocks. Alpha measures the amount that position in Western Alliance Ban 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 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0115 | 0.026 | 0.0241 | 0.0253 | Price To Sales Ratio | 6.0 | 2.78 | 2.79 | 2.65 |
Western Alliance Upcoming Company Events
As portrayed in its financial statements, the presentation of Western Alliance's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Western Alliance's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Western Alliance's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Western Alliance. Please utilize our Beneish M Score to check the likelihood of Western Alliance's management manipulating its earnings.
| 16th of April 2024 Upcoming Quarterly Report | View | |
| 16th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
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Western Alliance 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.