Six Flags Entertainment Stock Alpha and Beta Analysis
| FUN Stock | USD 47.51 0.47 0.98% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Six Flags Entertainment. It also helps investors analyze the systematic and unsystematic risks associated with investing in Six Flags over a specified time horizon. Remember, high Six Flags' 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 Six Flags' market risk premium analysis include:
Beta 1.31 | Alpha 0.16 | Risk 2.22 | Sharpe Ratio 0.11 | Expected Return 0.24 |
Six Flags Quarterly Cash And Equivalents |
|
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.
Six |
Six Flags Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Six Flags market risk premium is the additional return an investor will receive from holding Six Flags 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 Six Flags. 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 Six Flags' performance over market.| α | 0.16 | β | 1.31 |
Six Flags 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 Six Flags' Buy-and-hold return. Our buy-and-hold chart shows how Six Flags performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Six Flags Market Price Analysis
Market price analysis indicators help investors to evaluate how Six Flags stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Six Flags shares will generate the highest return on investment. By understating and applying Six Flags stock market price indicators, traders can identify Six Flags position entry and exit signals to maximize returns.
Six Flags Return and Market Media
The median price of Six Flags for the period between Wed, Sep 18, 2024 and Tue, Dec 17, 2024 is 41.61 with a coefficient of variation of 8.08. The daily time series for the period is distributed with a sample standard deviation of 3.45, arithmetic mean of 42.68, and mean deviation of 3.12. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Six Flags Entertainment Corp Stock Price Up 3.97 percent on Oct 14 | 10/14/2024 |
2 | Six Flags Revenue Beats, Income Drops | 11/06/2024 |
3 | Six Flags will consider closing some parks, according to its first quarterly report since merging with Cedar Fair | 11/07/2024 |
4 | Six Flags will consider closing some parks, according to first quarterly report since Cedar Fair merger | 11/08/2024 |
5 | VISIT NEWPORT BEACH UNWRAPS SECOND ANNUAL 50 DAYS OF FESTIVE FUN - CELEBRATE THE SEASON WITH ONE OF THE NATIONS LONGEST-RUNNING HOLIDAY CELEBRATIONS | 11/12/2024 |
6 | Six Flags Entertainment looks invest over 1B over next two years | 11/14/2024 |
7 | Disposition of 19736 shares by Carlos Ruisanchez of Six Flags subject to Rule 16b-3 | 11/22/2024 |
8 | Disposition of 20011 shares by Richard Zimmerman of Six Flags at 47.21 subject to Rule 16b-3 | 12/04/2024 |
9 | Jefferies Financial Group Begins Coverage on Cedar Fair | 12/09/2024 |
10 | Cedar Fair vs. Warner Music Group Financial Review | 12/11/2024 |
About Six Flags 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 Six or other stocks. Alpha measures the amount that position in Six Flags Entertainment 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.
| 2020 | 2023 | 2024 (projected) | Dividend Yield | 0.0239 | 0.0301 | 0.0286 | Price To Sales Ratio | 12.24 | 1.13 | 1.07 |
Six Flags Upcoming Company Events
As portrayed in its financial statements, the presentation of Six Flags' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Six Flags' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Six Flags' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Six Flags. Please utilize our Beneish M Score to check the likelihood of Six Flags' management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th 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 Six Flags
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 Six Flags Backtesting, Six Flags Valuation, Six Flags Correlation, Six Flags Hype Analysis, Six Flags Volatility, Six Flags History and analyze Six Flags Performance. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Six Flags 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.