Entravision Communications Stock Alpha and Beta Analysis

EVC Stock  USD 2.57  0.01  0.39%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Entravision Communications. It also helps investors analyze the systematic and unsystematic risks associated with investing in Entravision Communications over a specified time horizon. Remember, high Entravision 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 Entravision Communications' market risk premium analysis include:
Beta
2.16
Alpha
0.33
Risk
2.8
Sharpe Ratio
0.18
Expected Return
0.5
Please note that although Entravision Communications 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., Dow Jones Industrial index.) So in this particular case, Entravision Communications did 0.33  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 Entravision Communications stock's relative risk over its benchmark. Entravision Communications has a beta of 2.16  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Entravision Communications will likely underperform. At present, Entravision Communications' Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.73, whereas Tangible Book Value Per Share is forecasted to decline to (0.85).

Entravision Communications Quarterly Cash And Equivalents

110.62 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 Entravision Communications Backtesting, Entravision Communications Valuation, Entravision Communications Correlation, Entravision Communications Hype Analysis, Entravision Communications Volatility, Entravision Communications History and analyze Entravision Communications Performance.
For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.

Entravision Communications Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Entravision Communications market risk premium is the additional return an investor will receive from holding Entravision 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 Entravision 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 Entravision Communications' performance over market.
α0.33   β2.16

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

Entravision Communications Market Price Analysis

Market price analysis indicators help investors to evaluate how Entravision 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 Entravision Communications shares will generate the highest return on investment. By understating and applying Entravision Communications stock market price indicators, traders can identify Entravision Communications position entry and exit signals to maximize returns.

Entravision Communications Return and Market Media

The median price of Entravision Communications for the period between Sun, Aug 18, 2024 and Sat, Nov 16, 2024 is 2.06 with a coefficient of variation of 9.91. The daily time series for the period is distributed with a sample standard deviation of 0.21, arithmetic mean of 2.11, and mean deviation of 0.17. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
Entravision, AltaMed Health Services, and BSP Research Unveil 2024 National Latino Tracking Poll to Shape Election Insights
09/10/2024
 
Entravision Communications dividend paid on 30th of September 2024
09/30/2024
2
Acquisition by Saldivar Von Wuthenau Juan of 100000 shares of Entravision Communications subject to Rule 16b-3
10/07/2024
3
Latinos chastise DNC and RNC for abysmal outreach to voters
10/11/2024
4
Insider Trading
10/15/2024
5
Entravision Strengthens Leadership Team with Key Promotions to Drive Sales Growth and Enhance Operational Efficiency
10/16/2024
6
Disposition of 88219 shares by Christopher Young of Entravision Communications at 4.21 subject to Rule 16b-3
10/22/2024
7
Record Latino Voter Engagement and Shifting Political Sentiments Highlighted in Final Week of the Nations Only Weekly Latino Voter Poll
11/04/2024
8
EVC Stock Surges 5 percent Amid Strong Buy Ratings and Earnings Performance
11/05/2024
9
Entravision Communications Corporation Reports Third Quarter 2024 Results
11/06/2024
10
Entravision Communications Corp Q3 2024 Earnings Call Highlights Revenue Surge Amid ...
11/08/2024
11
Entravision Communications Corporation Q3 2024 Earnings Call Transcript
11/11/2024

About Entravision 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 Entravision or other stocks. Alpha measures the amount that position in Entravision Communications 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 Yield0.01480.02080.0480.0272
Price To Sales Ratio0.760.430.330.31

Entravision Communications Upcoming Company Events

As portrayed in its financial statements, the presentation of Entravision Communications' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Entravision Communications' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Entravision Communications' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Entravision Communications. Please utilize our Beneish M Score to check the likelihood of Entravision Communications' management manipulating its earnings.
14th of March 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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14th of March 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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When determining whether Entravision Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Entravision Communications' 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 Entravision Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Entravision Communications Stock:
Entravision 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.
A focus of Entravision Communications technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Entravision Communications 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...