Spectrum Brands Holdings Stock Alpha and Beta Analysis
SPB Stock | USD 81.19 0.68 0.84% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Spectrum Brands Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Spectrum Brands over a specified time horizon. Remember, high Spectrum Brands' 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 Spectrum Brands' market risk premium analysis include:
Beta 1.13 | Alpha (0.04) | Risk 1.68 | Sharpe Ratio 0.0204 | Expected Return 0.0343 |
Spectrum Brands Quarterly Cash And Equivalents |
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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.
Spectrum |
Spectrum Brands Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Spectrum Brands market risk premium is the additional return an investor will receive from holding Spectrum Brands 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 Spectrum Brands. 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 Spectrum Brands' performance over market.α | -0.04 | β | 1.13 |
Spectrum Brands 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 Spectrum Brands' Buy-and-hold return. Our buy-and-hold chart shows how Spectrum Brands performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Spectrum Brands Market Price Analysis
Market price analysis indicators help investors to evaluate how Spectrum Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Spectrum Brands shares will generate the highest return on investment. By understating and applying Spectrum Brands stock market price indicators, traders can identify Spectrum Brands position entry and exit signals to maximize returns.
Spectrum Brands Return and Market Media
The median price of Spectrum Brands for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 81.45 with a coefficient of variation of 3.78. The daily time series for the period is distributed with a sample standard deviation of 3.11, arithmetic mean of 82.25, and mean deviation of 2.73. The Stock received a lot of media exposure during the period. Price Growth (%) |
Timeline |
1 | Small Mammal and Reptile Food Market Projected USD 1.32 Billion Growth between 2024 and 2028 Market to Focus on Increased E-commerce Adoption - Technavio | 02/02/2024 |
2 | Spectrum Brands Non-GAAP EPS of 0.78 beats by 0.39, revenue of 692.2M beats by 18.76M | 02/08/2024 |
3 | Stock Upgrades Spectrum Brands Holdings Shows Rising Relative Strength | 02/20/2024 |
4 | Spectrum Brands Holdings, Inc. Receives Consensus Recommendation of Hold from Analysts - Defense World | 03/07/2024 |
Spectrum Brands dividend paid on 12th of March 2024 | 03/12/2024 |
5 | Global Insect Repellent Market Report 2024-2028 Vaporizers, Sprays, Cream Oils, Coils, and Other Products - Featuring Reckitt Benckiser Group , SC Johnson and S... | 03/14/2024 |
6 | Spectrum Brands Strategic Endeavors Progress Well | 03/21/2024 |
7 | Those who invested in Spectrum Brands Holdings five years ago are up 69 | 03/25/2024 |
8 | 2 million Black Decker clothing steamers are under recall after dozens of burn injuries | 04/04/2024 |
9 | Allspring Global Investments Holdings LLC Reduces Holdings in Spectrum Brands Holdings, Inc. - MarketBeat | 04/08/2024 |
10 | Dont Get Too Worked Up Over Spectrum Brands Holdingss Earnings - AOL | 04/15/2024 |
11 | Spectrum Brands Holdings to Report Fiscal 2024 Second Quarter Financial Results and Hold Conference Call and Webcast on May 9, 2024 | 04/22/2024 |
About Spectrum Brands 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 Spectrum or other stocks. Alpha measures the amount that position in Spectrum Brands Holdings 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 | 0.043 | 0.0215 | 0.0193 | 0.0163 | Price To Sales Ratio | 0.51 | 1.06 | 0.99 | 0.58 |
Spectrum Brands Upcoming Company Events
As portrayed in its financial statements, the presentation of Spectrum Brands' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Spectrum Brands' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Spectrum Brands' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Spectrum Brands. Please utilize our Beneish M Score to check the likelihood of Spectrum Brands' management manipulating its earnings.
8th of February 2024 Upcoming Quarterly Report | View | |
10th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
15th of November 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
30th of September 2023 Last Financial Announcement | View |
Build Portfolio with Spectrum Brands
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 Spectrum Brands Backtesting, Spectrum Brands Valuation, Spectrum Brands Correlation, Spectrum Brands Hype Analysis, Spectrum Brands Volatility, Spectrum Brands History and analyze Spectrum Brands Performance. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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When running Spectrum Brands' price analysis, check to measure Spectrum Brands' 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 Spectrum Brands is operating at the current time. Most of Spectrum Brands' value examination focuses on studying past and present price action to predict the probability of Spectrum Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectrum Brands' price. Additionally, you may evaluate how the addition of Spectrum Brands to your portfolios can decrease your overall portfolio volatility.
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