Pool Corporation Stock Alpha and Beta Analysis
| POOL Stock | USD 362.91 1.24 0.34% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Pool Corporation. It also helps investors analyze the systematic and unsystematic risks associated with investing in Pool over a specified time horizon. Remember, high Pool'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 Pool's market risk premium analysis include:
Beta 1.62 | Alpha (0.16) | Risk 1.69 | Sharpe Ratio (0.08) | Expected Return (0.14) |
Enterprise Value |
|
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.
Pool |
Pool Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Pool market risk premium is the additional return an investor will receive from holding Pool 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 Pool. 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 Pool's performance over market.| α | -0.16 | β | 1.62 |
Pool 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 Pool's Buy-and-hold return. Our buy-and-hold chart shows how Pool performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Pool Market Price Analysis
Market price analysis indicators help investors to evaluate how Pool stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pool shares will generate the highest return on investment. By understating and applying Pool stock market price indicators, traders can identify Pool position entry and exit signals to maximize returns.
Pool Return and Market Media
The median price of Pool for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 is 389.6 with a coefficient of variation of 3.53. The daily time series for the period is distributed with a sample standard deviation of 13.77, arithmetic mean of 390.21, and mean deviation of 11.56. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Perez De La Mesa Manuel J of 3368 shares of Pool subject to Rule 16b-3 | 02/20/2024 |
2 | Disposition of 3512 shares by Perez De La Mesa Manuel J of Pool at 58.26 subject to Rule 16b-3 | 02/27/2024 |
3 | Pool Corporation to Participate in the Loop Capital Markets 2024 Investor Conference | 03/04/2024 |
4 | Disposition of 266 shares by Walker Saik of Pool at 471.87 subject to Rule 16b-3 | 03/07/2024 |
| Pool dividend paid on 28th of March 2024 | 03/28/2024 |
5 | 22 percent Of This Pool Insiders Holdings Were Sold | 04/04/2024 |
6 | Analysts Estimate Pool Corp. to Report a Decline in Earnings What to Look Out for | 04/11/2024 |
About Pool 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 Pool or other stocks. Alpha measures the amount that position in Pool 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 | 2023 | 2024 (projected) | Dividend Yield | 0.005298 | 0.0109 | 0.0182 | Price To Sales Ratio | 4.26 | 2.78 | 2.92 |
Pool Upcoming Company Events
As portrayed in its financial statements, the presentation of Pool's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Pool's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Pool's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Pool. Please utilize our Beneish M Score to check the likelihood of Pool'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 |
Build Portfolio with Pool
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.Build Diversified Portfolios
Align your risk with return expectations
Check out Pool Backtesting, Pool Valuation, Pool Correlation, Pool Hype Analysis, Pool Volatility, Pool History and analyze Pool Performance. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Pool Stock analysis
When running Pool's price analysis, check to measure Pool'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 Pool is operating at the current time. Most of Pool's value examination focuses on studying past and present price action to predict the probability of Pool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pool's price. Additionally, you may evaluate how the addition of Pool to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |
Pool 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.