Mistras Group Stock Alpha and Beta Analysis
| MG Stock | USD 8.95 0.14 1.54% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Mistras Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Mistras over a specified time horizon. Remember, high Mistras' 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 Mistras' market risk premium analysis include:
Beta 0.0157 | Alpha (0.27) | Risk 3.7 | Sharpe Ratio (0.08) | Expected Return (0.30) |
Mistras 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.
Mistras |
Mistras Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Mistras market risk premium is the additional return an investor will receive from holding Mistras 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 Mistras. 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 Mistras' performance over market.| α | -0.27 | β | 0.02 |
Mistras 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 Mistras' Buy-and-hold return. Our buy-and-hold chart shows how Mistras performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Mistras Market Price Analysis
Market price analysis indicators help investors to evaluate how Mistras stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mistras shares will generate the highest return on investment. By understating and applying Mistras stock market price indicators, traders can identify Mistras position entry and exit signals to maximize returns.
Mistras Return and Market Media
The median price of Mistras for the period between Sun, Sep 29, 2024 and Sat, Dec 28, 2024 is 9.27 with a coefficient of variation of 11.71. The daily time series for the period is distributed with a sample standard deviation of 1.17, arithmetic mean of 9.95, and mean deviation of 1.1. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Test-Driving The 2024 MG MG3 Hybrid | 10/14/2024 |
2 | MISTRAS Announces Third Quarter 2024 Results | 10/30/2024 |
3 | MISTRAS Group Inc Q3 2024 Earnings Call Highlights Strong EBITDA Growth Amid Revised Guidance | 11/01/2024 |
4 | Earnings Miss Mistras Group, Inc. Missed EPS By 25 percent And Analysts Are Revising Their Forecasts | 11/07/2024 |
5 | Disposition of 2507 shares by Michael Keefe of Mistras at 5.58 subject to Rule 16b-3 | 11/18/2024 |
6 | BlackSky Technology Gains 20 percent in 6 Months How to Play the Stock | 11/27/2024 |
7 | Mistras Group appoints Natalia Shuman as president and CEO | 12/05/2024 |
8 | MISTRAS Group Appoints Hani Hammad as Chief Operating Officer | 12/12/2024 |
9 | When Should You Buy Mistras Group, Inc. | 12/27/2024 |
About Mistras 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 Mistras or other stocks. Alpha measures the amount that position in Mistras 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) | Payables Turnover | 37.29 | 39.04 | 29.45 | 30.94 | Days Of Inventory On Hand | 9.65 | 10.11 | 11.12 | 15.17 |
Mistras Upcoming Company Events
As portrayed in its financial statements, the presentation of Mistras' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Mistras' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Mistras' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Mistras. Please utilize our Beneish M Score to check the likelihood of Mistras' management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out Mistras Backtesting, Mistras Valuation, Mistras Correlation, Mistras Hype Analysis, Mistras Volatility, Mistras History and analyze Mistras Performance. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Mistras 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.