Magyar Bancorp Stock Alpha and Beta Analysis
| MGYR Stock | USD 12.90 0.02 0.15% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Magyar Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Magyar Bancorp over a specified time horizon. Remember, high Magyar Bancorp'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 Magyar Bancorp's market risk premium analysis include:
Beta 0.16 | Alpha 0.0602 | Risk 0.81 | Sharpe Ratio 0.11 | Expected Return 0.0905 |
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.
Magyar |
Magyar Bancorp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Magyar Bancorp market risk premium is the additional return an investor will receive from holding Magyar Bancorp 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 Magyar Bancorp. 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 Magyar Bancorp's performance over market.| α | 0.06 | β | 0.16 |
Magyar Bancorp 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 Magyar Bancorp's Buy-and-hold return. Our buy-and-hold chart shows how Magyar Bancorp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Magyar Bancorp Market Price Analysis
Market price analysis indicators help investors to evaluate how Magyar Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magyar Bancorp shares will generate the highest return on investment. By understating and applying Magyar Bancorp stock market price indicators, traders can identify Magyar Bancorp position entry and exit signals to maximize returns.
Magyar Bancorp Return and Market Media
The median price of Magyar Bancorp for the period between Fri, Aug 16, 2024 and Thu, Nov 14, 2024 is 12.26 with a coefficient of variation of 1.27. The daily time series for the period is distributed with a sample standard deviation of 0.16, arithmetic mean of 12.3, and mean deviation of 0.11. The Stock did not receive any noticable media coverage during the period.About Magyar Bancorp 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 Magyar or other stocks. Alpha measures the amount that position in Magyar Bancorp 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.
Magyar Bancorp Upcoming Company Events
As portrayed in its financial statements, the presentation of Magyar Bancorp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Magyar Bancorp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Magyar Bancorp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Magyar Bancorp. Please utilize our Beneish M Score to check the likelihood of Magyar Bancorp's management manipulating its earnings.
| 18th of April 2024 Upcoming Quarterly Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View |
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Additional Tools for Magyar Stock Analysis
When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.