Crane Company Alpha and Beta Analysis

CRDelisted Stock  USD 135.13  0.24  0.18%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Crane Company. It also helps investors analyze the systematic and unsystematic risks associated with investing in Crane over a specified time horizon. Remember, high Crane'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 Crane's market risk premium analysis include:
Beta
(0.42)
Alpha
0.32
Risk
1.97
Sharpe Ratio
0.13
Expected Return
0.26
Please note that although Crane 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, Crane did 0.32  better 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 Crane Company stock's relative risk over its benchmark. Crane Company has a beta of 0.42  . As returns on the market increase, returns on owning Crane are expected to decrease at a much lower rate. During the bear market, Crane is likely to outperform the market. As of 03/29/2024, Price Book Value Ratio is likely to grow to 5.18. Also, Enterprise Value Multiple is likely to grow to 21.72.

Crane Quarterly Cash And Equivalents

273.8 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 Crane Backtesting, Crane Valuation, Crane Correlation, Crane Hype Analysis, Crane Volatility, Crane History and analyze Crane Performance.

Crane Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Crane market risk premium is the additional return an investor will receive from holding Crane 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 Crane. 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 Crane's performance over market.
α0.32   β-0.42

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

Crane Market Price Analysis

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

Crane Return and Market Media

The median price of Crane for the period between Sat, Dec 30, 2023 and Fri, Mar 29, 2024 is 122.08 with a coefficient of variation of 5.48. The daily time series for the period is distributed with a sample standard deviation of 6.67, arithmetic mean of 121.62, and mean deviation of 5.64. The Stock received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
Crane Acquires Vian Enterprises for 103 Million
01/03/2024
2
KBC Group NV Invests 1.61 Million in Crane NXT, Co. - MarketBeat
01/18/2024
3
Crane exotic insider transaction detected
01/29/2024
4
Crane raises dividend by 13.9 percent to 0.205
01/30/2024
5
Exercise or conversion by Anthony DIorio of 292 shares of Crane subject to Rule 16b-3
01/31/2024
6
Exercise or conversion by Anthony DIorio of 470 shares of Crane subject to Rule 16b-3
02/08/2024
7
Are You a Momentum Investor This 1 Stock Could Be the Perfect Pick
02/22/2024
8
Crane Shares Sold by Stifel Financial Corp - MarketBeat
03/08/2024
9
Consumer Reports Slams The Fisker Ocean As Bizarre, Unappealing, And Unfinished
03/20/2024

About Crane 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 Crane or other delisted stocks. Alpha measures the amount that position in Crane Company 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)
Price To Sales Ratio1.871.683.213.37
Price Earnings Ratio13.6414.1226.1827.49

Crane Upcoming Company Events

As portrayed in its financial statements, the presentation of Crane's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Crane's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Crane's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Crane. Please utilize our Beneish M Score to check the likelihood of Crane's management manipulating its earnings.
29th of January 2024
Upcoming Quarterly Report
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8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
29th of January 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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Other Consideration for investing in Crane Stock

If you are still planning to invest in Crane Company check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Crane's history and understand the potential risks before investing.
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