Acuity Brands Stock Alpha and Beta Analysis
| AYI Stock | USD 303.09 4.12 1.38% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Acuity Brands. It also helps investors analyze the systematic and unsystematic risks associated with investing in Acuity Brands over a specified time horizon. Remember, high Acuity 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 Acuity Brands' market risk premium analysis include:
Beta 1.36 | Alpha 0.23 | Risk 1.94 | Sharpe Ratio 0.17 | Expected Return 0.32 |
Acuity 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.
Acuity |
Acuity Brands Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Acuity Brands market risk premium is the additional return an investor will receive from holding Acuity 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 Acuity 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 Acuity Brands' performance over market.| α | 0.23 | β | 1.36 |
Acuity 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 Acuity Brands' Buy-and-hold return. Our buy-and-hold chart shows how Acuity Brands performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Acuity Brands Market Price Analysis
Market price analysis indicators help investors to evaluate how Acuity 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 Acuity Brands shares will generate the highest return on investment. By understating and applying Acuity Brands stock market price indicators, traders can identify Acuity Brands position entry and exit signals to maximize returns.
Acuity Brands Return and Market Media
The median price of Acuity Brands for the period between Mon, Jul 29, 2024 and Sun, Oct 27, 2024 is 254.21 with a coefficient of variation of 10.56. The daily time series for the period is distributed with a sample standard deviation of 27.91, arithmetic mean of 264.18, and mean deviation of 24.24. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Stocks With Rising Relative Strength Acuity Brands | 08/16/2024 |
2 | Disposition of 190 shares by Barry Goldman of Acuity Brands at 184.76 subject to Rule 16b-3 | 08/30/2024 |
3 | Acuity Brands declares 0.15 dividend | 09/26/2024 |
4 | Acuity Brands Inc Q4 2024 Earnings Call Transcript Highlights Strong Performance and ... | 10/02/2024 |
5 | AYI Stock Trades Near 52-Week High Is it Still Worth Buying | 10/07/2024 |
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8 | Those who invested in Acuity Brands five years ago are up 149 | 10/17/2024 |
9 | Enphase Q3 Earnings Report Preview What To Look For | 10/21/2024 |
10 | Vertiv Earnings What To Look For From VRT | 10/22/2024 |
11 | Allegion Q3 Earnings What To Expect | 10/23/2024 |
12 | QSC, LLC to Be Acquired by Acuity Brands | 10/24/2024 |
About Acuity 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 Acuity or other stocks. Alpha measures the amount that position in Acuity Brands 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 | 0.00323 | 0.002273 | 0.002159 | Price To Sales Ratio | 1.4 | 2.09 | 1.07 |
Acuity Brands Upcoming Company Events
As portrayed in its financial statements, the presentation of Acuity Brands' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Acuity Brands' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Acuity Brands' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Acuity Brands. Please utilize our Beneish M Score to check the likelihood of Acuity Brands' management manipulating its earnings.
| 2nd of April 2024 Upcoming Quarterly Report | View | |
| 4th of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 2nd of October 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of August 2023 Last Financial Announcement | View |
Build Portfolio with Acuity 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
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Check out Acuity Brands Backtesting, Acuity Brands Valuation, Acuity Brands Correlation, Acuity Brands Hype Analysis, Acuity Brands Volatility, Acuity Brands History and analyze Acuity Brands Performance. For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Acuity Brands 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.