Enterprise Bancorp Stock Alpha and Beta Analysis

EBTC Stock  USD 25.97  0.10  0.39%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Enterprise Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Enterprise Bancorp over a specified time horizon. Remember, high Enterprise Bancorp'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 Enterprise Bancorp's market risk premium analysis include:
Beta
2.08
Alpha
(0.62)
Risk
1.88
Sharpe Ratio
(0.18)
Expected Return
(0.34)
Please note that although Enterprise Bancorp 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, Enterprise Bancorp did 0.62  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 Enterprise Bancorp stock's relative risk over its benchmark. Enterprise Bancorp has a beta of 2.08  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Enterprise Bancorp will likely underperform. As of March 29, 2024, Price Book Value Ratio is expected to decline to 1.14. In addition to that, Enterprise Value Multiple is expected to decline to 7.38.
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 Enterprise Bancorp Backtesting, Enterprise Bancorp Valuation, Enterprise Bancorp Correlation, Enterprise Bancorp Hype Analysis, Enterprise Bancorp Volatility, Enterprise Bancorp History and analyze Enterprise Bancorp Performance.
For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.

Enterprise Bancorp Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Enterprise Bancorp market risk premium is the additional return an investor will receive from holding Enterprise Bancorp 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 Enterprise Bancorp. 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 Enterprise Bancorp's performance over market.
α-0.62   β2.08

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

Enterprise Bancorp Market Price Analysis

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

Enterprise Bancorp Return and Market Media

The median price of Enterprise Bancorp for the period between Sat, Dec 30, 2023 and Fri, Mar 29, 2024 is 27.51 with a coefficient of variation of 8.05. The daily time series for the period is distributed with a sample standard deviation of 2.25, arithmetic mean of 27.95, and mean deviation of 1.79. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Payment of 140 shares by Chester Szablak of Enterprise Bancorp subject to Rule 16b-3
01/29/2024
2
Disposition of 3117 shares by George Duncan of Enterprise Bancorp at 20.29 subject to Rule 16b-3
02/15/2024
3
Disposition of 78 shares by Richard Main of Enterprise Bancorp subject to Rule 16b-3
02/20/2024
4
Disposition of 3476 shares by John Clancy of Enterprise Bancorp at 20.29 subject to Rule 16b-3
02/26/2024
5
Disposition of 120000 shares by Ken Ansin of Enterprise Bancorp at 25.25 subject to Rule 16b-3
02/27/2024
6
Acquisition by Joseph Lussier of 1320 shares of Enterprise Bancorp at 26.49 subject to Rule 16b-3
02/28/2024
7
Disposition of 1203 shares by Brian Bullock of Enterprise Bancorp at 20.29 subject to Rule 16b-3
02/29/2024
 
Enterprise Bancorp dividend paid on 1st of March 2024
03/01/2024
8
Disposition of 1203 shares by Steven Larochelle of Enterprise Bancorp at 20.29 subject to Rule 16b-3
03/05/2024
9
Disposition of 1203 shares by Chester Szablak of Enterprise Bancorp at 20.29 subject to Rule 16b-3
03/07/2024
10
Disposition of 1083 shares by Stephen Irish of Enterprise Bancorp at 20.29 subject to Rule 16b-3
03/08/2024
11
Acquisition by Brian Bullock of 2209 shares of Enterprise Bancorp subject to Rule 16b-3
03/19/2024
12
Trading With Integrated Risk Controls - Stock Traders Daily
03/21/2024
13
Enterprise Bancorp Director Steps Down, Board Size Reduced - TipRanks.com - TipRanks
03/26/2024

About Enterprise Bancorp 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 Enterprise or other stocks. Alpha measures the amount that position in Enterprise Bancorp 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 Earnings Ratio12.7910.010.369.84
Short Term Coverage Ratios15.821.972.671.51

Enterprise Bancorp Upcoming Company Events

As portrayed in its financial statements, the presentation of Enterprise Bancorp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Enterprise Bancorp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Enterprise Bancorp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Enterprise Bancorp. Please utilize our Beneish M Score to check the likelihood of Enterprise Bancorp's management manipulating its earnings.
23rd of April 2024
Upcoming Quarterly Report
View
31st of March 2024
Next Fiscal Quarter End
View

Build Portfolio with Enterprise Bancorp

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 Enterprise Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enterprise Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enterprise Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enterprise Bancorp Stock:
Check out Enterprise Bancorp Backtesting, Enterprise Bancorp Valuation, Enterprise Bancorp Correlation, Enterprise Bancorp Hype Analysis, Enterprise Bancorp Volatility, Enterprise Bancorp History and analyze Enterprise Bancorp Performance.
For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Enterprise Bancorp's price analysis, check to measure Enterprise Bancorp'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 Enterprise Bancorp is operating at the current time. Most of Enterprise Bancorp's value examination focuses on studying past and present price action to predict the probability of Enterprise Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enterprise Bancorp's price. Additionally, you may evaluate how the addition of Enterprise Bancorp to your portfolios can decrease your overall portfolio volatility.
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Enterprise Bancorp 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 Enterprise Bancorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Enterprise Bancorp 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...