Ampco Pittsburgh Stock Alpha and Beta Analysis

AP Stock  USD 2.17  0.06  2.84%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Ampco Pittsburgh. It also helps investors analyze the systematic and unsystematic risks associated with investing in Ampco Pittsburgh over a specified time horizon. Remember, high Ampco Pittsburgh'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 Ampco Pittsburgh's market risk premium analysis include:
Beta
1.14
Alpha
(0.37)
Risk
3.72
Sharpe Ratio
(0.09)
Expected Return
(0.34)
Please note that although Ampco Pittsburgh alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Ampco Pittsburgh did 0.37  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Ampco Pittsburgh stock's relative risk over its benchmark. Ampco-Pittsburgh has a beta of 1.14  . Ampco Pittsburgh returns are very sensitive to returns on the market. As the market goes up or down, Ampco Pittsburgh is expected to follow. As of 03/29/2024, Price Book Value Ratio is likely to drop to 0.79. In addition to that, Enterprise Value Multiple is likely to drop to 6.62.

Ampco Pittsburgh Quarterly Cash And Equivalents

9.47 Million

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.
  
Check out Ampco Pittsburgh Backtesting, Ampco Pittsburgh Valuation, Ampco Pittsburgh Correlation, Ampco Pittsburgh Hype Analysis, Ampco Pittsburgh Volatility, Ampco Pittsburgh History and analyze Ampco Pittsburgh Performance.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.

Ampco Pittsburgh Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Ampco Pittsburgh market risk premium is the additional return an investor will receive from holding Ampco Pittsburgh 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 Ampco Pittsburgh. 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 Ampco Pittsburgh's performance over market.
α-0.37   β1.14

Ampco Pittsburgh 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 Ampco Pittsburgh's Buy-and-hold return. Our buy-and-hold chart shows how Ampco Pittsburgh performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Ampco Pittsburgh Market Price Analysis

Market price analysis indicators help investors to evaluate how Ampco Pittsburgh stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ampco Pittsburgh shares will generate the highest return on investment. By understating and applying Ampco Pittsburgh stock market price indicators, traders can identify Ampco Pittsburgh position entry and exit signals to maximize returns.

Ampco Pittsburgh Return and Market Media

The median price of Ampco Pittsburgh for the period between Sat, Dec 30, 2023 and Fri, Mar 29, 2024 is 2.52 with a coefficient of variation of 4.95. The daily time series for the period is distributed with a sample standard deviation of 0.13, arithmetic mean of 2.53, and mean deviation of 0.09. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Ampco-Pittsburgh Coverage Initiated by Analysts at StockNews.com
01/12/2024
2
Ampco-Pittsburgh Corp Stock Has Risen 3.14 percent This Week Buy, Hold, or Sell - InvestorsObserver
02/06/2024
3
Ampco-Pittsburgh Now Covered by StockNews.com
03/11/2024
4
Can Ampco-Pittsburgh Corp Stock Rise to the Top of Industrials Sector Friday - InvestorsObserver
03/15/2024
5
Ampco-Pittsburgh Coverage Initiated by Analysts at StockNews.com - Defense World
03/22/2024
6
Ampco-Pittsburgh Corporation Announces Fourth Quarter and Full Year 2023 Results
03/25/2024
7
Risks To Shareholder Returns Are Elevated At These Prices For Ampco-Pittsburgh Corporation
03/26/2024
8
Global Sanitary Pump and Valve Market to Reach a Valuation of US 3.6 Billion by 2034, With a 4.6 percent CAGR Growth Future Market Insights, Inc.
03/28/2024

About Ampco Pittsburgh 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 Ampco or other stocks. Alpha measures the amount that position in Ampco-Pittsburgh 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)
Operating Cycle210.37150.78
Dividend Yield8.16E-47.76E-4

Ampco Pittsburgh Upcoming Company Events

As portrayed in its financial statements, the presentation of Ampco Pittsburgh's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ampco Pittsburgh's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Ampco Pittsburgh's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Ampco Pittsburgh. Please utilize our Beneish M Score to check the likelihood of Ampco Pittsburgh's management manipulating its earnings.
18th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Build Portfolio with Ampco Pittsburgh

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Ampco-Pittsburgh is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ampco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ampco Pittsburgh Stock. Highlighted below are key reports to facilitate an investment decision about Ampco Pittsburgh Stock:
Check out Ampco Pittsburgh Backtesting, Ampco Pittsburgh Valuation, Ampco Pittsburgh Correlation, Ampco Pittsburgh Hype Analysis, Ampco Pittsburgh Volatility, Ampco Pittsburgh History and analyze Ampco Pittsburgh Performance.
To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Ampco Pittsburgh's price analysis, check to measure Ampco Pittsburgh'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 Ampco Pittsburgh is operating at the current time. Most of Ampco Pittsburgh's value examination focuses on studying past and present price action to predict the probability of Ampco Pittsburgh's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ampco Pittsburgh's price. Additionally, you may evaluate how the addition of Ampco Pittsburgh to your portfolios can decrease your overall portfolio volatility.
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Ampco Pittsburgh 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.
A focus of Ampco Pittsburgh technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ampco Pittsburgh trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...