Watsco Inc Stock Alpha and Beta Analysis
| WSO Stock | USD 546.24 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Watsco Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Watsco over a specified time horizon. Remember, high Watsco'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 Watsco's market risk premium analysis include:
Beta 1.46 | Alpha 0.0738 | Risk 1.74 | Sharpe Ratio 0.13 | Expected Return 0.22 |
Watsco Quarterly Cash And Equivalents |
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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.
Watsco |
Watsco Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Watsco market risk premium is the additional return an investor will receive from holding Watsco 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 Watsco. 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 Watsco's performance over market.| α | 0.07 | β | 1.46 |
Watsco 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 Watsco's Buy-and-hold return. Our buy-and-hold chart shows how Watsco performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Watsco Market Price Analysis
Market price analysis indicators help investors to evaluate how Watsco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Watsco shares will generate the highest return on investment. By understating and applying Watsco stock market price indicators, traders can identify Watsco position entry and exit signals to maximize returns.
Watsco Return and Market Media
The median price of Watsco for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 484.77 with a coefficient of variation of 4.72. The daily time series for the period is distributed with a sample standard deviation of 23.01, arithmetic mean of 487.99, and mean deviation of 17.36. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Stocks With Rising Relative Strength Watsco | 09/09/2024 |
2 | Discretionary transaction by Aaron Nahmad of tradable shares of Watsco subject to Rule 16b-3 | 09/26/2024 |
3 | Disposition of 1667 shares by J Custer of Watsco at 260.28 subject to Rule 16b-3 | 10/10/2024 |
4 | Watsco, Inc. Announces Quarterly Dividend of 2.70 | 10/14/2024 |
5 | Watsco Q3 Earnings Snapshot | 10/23/2024 |
6 | Q3 2024 Watsco Inc Earnings Call Transcript | 10/24/2024 |
7 | Autumn Glory Partners LLC Boosts Stake in Watsco, Inc. | 10/29/2024 |
| Watsco dividend paid on 31st of October 2024 | 10/31/2024 |
8 | Earnings To Watch NOW Reports Q3 Results Tomorrow | 11/06/2024 |
9 | 1,272 Shares in Watsco, Inc. Bought by Baker Avenue Asset Management LP | 11/12/2024 |
10 | Prime Capital Investment Advisors LLC Has 1.79 Million Stock Holdings in Watsco, Inc. | 11/14/2024 |
11 | Watsco Sets New 52-Week High Should You Buy | 11/15/2024 |
12 | Stocks Showing Improving Market Leadership Watsco Earns 83 RS Rating | 11/20/2024 |
About Watsco 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 Watsco or other stocks. Alpha measures the amount that position in Watsco Inc 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 | 0.0267 | 0.0375 | 0.0244 | 0.0195 | Price To Sales Ratio | 1.76 | 1.22 | 2.15 | 2.26 |
Watsco Upcoming Company Events
As portrayed in its financial statements, the presentation of Watsco's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Watsco's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Watsco's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Watsco. Please utilize our Beneish M Score to check the likelihood of Watsco's management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 18th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th 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 Watsco Backtesting, Watsco Valuation, Watsco Correlation, Watsco Hype Analysis, Watsco Volatility, Watsco History and analyze Watsco Performance. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Watsco 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.