Sba Communications Corp Stock Alpha and Beta Analysis
| SBAC Stock | USD 196.80 0.74 0.38% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SBA Communications Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in SBA Communications over a specified time horizon. Remember, high SBA Communications' 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 SBA Communications' market risk premium analysis include:
Beta 1.29 | Alpha (0.35) | Risk 1.75 | Sharpe Ratio (0.14) | Expected Return (0.25) |
Enterprise Value |
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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.
SBA |
SBA Communications Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SBA Communications market risk premium is the additional return an investor will receive from holding SBA Communications 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 SBA Communications. 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 SBA Communications' performance over market.| α | -0.35 | β | 1.28 |
SBA Communications 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 SBA Communications' Buy-and-hold return. Our buy-and-hold chart shows how SBA Communications performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.SBA Communications Market Price Analysis
Market price analysis indicators help investors to evaluate how SBA Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SBA Communications shares will generate the highest return on investment. By understating and applying SBA Communications stock market price indicators, traders can identify SBA Communications position entry and exit signals to maximize returns.
SBA Communications Return and Market Media
The median price of SBA Communications for the period between Tue, Jan 23, 2024 and Mon, Apr 22, 2024 is 215.24 with a coefficient of variation of 4.37. The daily time series for the period is distributed with a sample standard deviation of 9.38, arithmetic mean of 214.72, and mean deviation of 7.06. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | SBA Communications Corporation to Speak at the Raymond James Associates 45th Annual Institutional Investors Conference | 02/21/2024 |
2 | SBA Communications shares fall on earnings miss, weak guidance | 02/26/2024 |
3 | Decoding SBA Communications Corp A Strategic SWOT Insight | 02/29/2024 |
4 | Disposition of 310 shares by Cane Richard M of SBA Communications at 208.29 subject to Rule 16b-3 | 03/04/2024 |
5 | SBA Communications Corps Dividend Analysis | 03/12/2024 |
6 | A simple fix could boost bank backing for small-business equity funds | 03/19/2024 |
7 | American Homes 4 Rent, Essential Properties score upgrades in Citis Final Four | 03/22/2024 |
8 | Acquisition by Jeffrey Stoops of 20236 shares of SBA Communications subject to Rule 16b-3 | 03/25/2024 |
| SBA Communications dividend paid on 28th of March 2024 | 03/28/2024 |
9 | SBA forges ahead with Funding Circle license despite pushback | 04/04/2024 |
10 | SBA Communications Corporation Sets Date for First Quarter 2024 Earnings Release | 04/08/2024 |
11 | Clarius Group LLC Grows Stock Position in SBA Communications Co. - Defense World | 04/15/2024 |
About SBA Communications 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 SBA or other stocks. Alpha measures the amount that position in SBA Communications Corp 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 | 0.005962 | 0.0101 | 0.0135 | 0.0128 | Price To Sales Ratio | 18.42 | 11.49 | 10.12 | 6.18 |
SBA Communications Upcoming Company Events
As portrayed in its financial statements, the presentation of SBA Communications' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SBA Communications' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of SBA Communications' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of SBA Communications. Please utilize our Beneish M Score to check the likelihood of SBA Communications' management manipulating its earnings.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th 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 SBA Communications
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 SBA Communications Backtesting, SBA Communications Valuation, SBA Communications Correlation, SBA Communications Hype Analysis, SBA Communications Volatility, SBA Communications History and analyze SBA Communications Performance. Note that the SBA Communications Corp information on this page should be used as a complementary analysis to other SBA Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for SBA Stock analysis
When running SBA Communications' price analysis, check to measure SBA Communications' 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 SBA Communications is operating at the current time. Most of SBA Communications' value examination focuses on studying past and present price action to predict the probability of SBA Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBA Communications' price. Additionally, you may evaluate how the addition of SBA Communications to your portfolios can decrease your overall portfolio volatility.
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SBA Communications 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.