The Ensign Group Stock Alpha and Beta Analysis
| ENSG Stock | USD 145.68 3.11 2.09% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as The Ensign Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Ensign over a specified time horizon. Remember, high Ensign'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 Ensign's market risk premium analysis include:
Beta (0.31) | Alpha 0.1 | Risk 1.5 | Sharpe Ratio 0.04 | Expected Return 0.0602 |
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.
Ensign |
Ensign Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Ensign market risk premium is the additional return an investor will receive from holding Ensign 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 Ensign. 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 Ensign's performance over market.| α | 0.10 | β | -0.31 |
Ensign 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 Ensign's Buy-and-hold return. Our buy-and-hold chart shows how Ensign performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Ensign Market Price Analysis
Market price analysis indicators help investors to evaluate how Ensign stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ensign shares will generate the highest return on investment. By understating and applying Ensign stock market price indicators, traders can identify Ensign position entry and exit signals to maximize returns.
Ensign Return and Market Media
The median price of Ensign for the period between Fri, Aug 16, 2024 and Thu, Nov 14, 2024 is 148.85 with a coefficient of variation of 2.51. The daily time series for the period is distributed with a sample standard deviation of 3.73, arithmetic mean of 148.72, and mean deviation of 2.98. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 3500 shares by Barry Port of Ensign at 21. subject to Rule 16b-3 | 08/22/2024 |
2 | Disposition of 4118 shares by Barry Port of Ensign at 21. subject to Rule 16b-3 | 08/29/2024 |
3 | Acquisition by Barry Port of 4118 shares of Ensign at 21. subject to Rule 16b-3 | 09/06/2024 |
4 | The Ensign Group, Inc. Soars to 52-Week High, Time to Cash Out | 09/16/2024 |
5 | Ensign Expands Presence in Nebraska With Two Acquisitions | 10/03/2024 |
6 | Ensign Group Q3 Earnings Snapshot | 10/24/2024 |
7 | Ensign Group Inc Q3 2024 Earnings Call Highlights Record Occupancy and Revenue Growth ... | 10/28/2024 |
8 | CareTrust REIT Announces Updated Investments Pipeline of 700 Million Including Agreement to Acquire 500 Million Portfolio in Southeast by Year End | 10/29/2024 |
| Ensign dividend paid on 31st of October 2024 | 10/31/2024 |
9 | Ensign Group Q3 Earnings Beat on Patient Days, Stock Up 4.1 | 11/01/2024 |
10 | The Ensign Group Acquires Facilities in Wisconsin | 11/04/2024 |
11 | Ensign Group Upgraded to Buy Heres Why | 11/05/2024 |
12 | Heres Why Ensign Group is a Strong Growth Stock | 11/06/2024 |
13 | BARD ASSOCIATES INCs Strategic Acquisition in Polar Power Inc | 11/07/2024 |
14 | Are You a Momentum Investor This 1 Stock Could Be the Perfect Pick | 11/08/2024 |
15 | WASATCH ADVISORS LP Adjusts Stake in Nurix Therapeutics Inc | 11/14/2024 |
About Ensign 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 Ensign or other stocks. Alpha measures the amount that position in Ensign Group 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 | 0.002524 | 0.002343 | 0.002062 | 0.001959 | Price To Sales Ratio | 1.74 | 1.72 | 1.68 | 1.76 |
Ensign Upcoming Company Events
As portrayed in its financial statements, the presentation of Ensign's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ensign's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Ensign's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Ensign. Please utilize our Beneish M Score to check the likelihood of Ensign's management manipulating its earnings.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st 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 Ensign
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 Ensign Backtesting, Ensign Valuation, Ensign Correlation, Ensign Hype Analysis, Ensign Volatility, Ensign History and analyze Ensign Performance. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Ensign 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.