Propetro Holding Corp Stock Alpha and Beta Analysis
| PUMP Stock | USD 6.58 0.33 4.78% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ProPetro Holding Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in ProPetro Holding over a specified time horizon. Remember, high ProPetro Holding'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 ProPetro Holding's market risk premium analysis include:
Beta 1.32 | Alpha (0.56) | Risk 2.48 | Sharpe Ratio (0.12) | Expected Return (0.29) |
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.
ProPetro |
ProPetro Holding Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ProPetro Holding market risk premium is the additional return an investor will receive from holding ProPetro Holding 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 ProPetro Holding. 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 ProPetro Holding's performance over market.| α | -0.56 | β | 1.32 |
ProPetro Holding 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 ProPetro Holding's Buy-and-hold return. Our buy-and-hold chart shows how ProPetro Holding performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ProPetro Holding Market Price Analysis
Market price analysis indicators help investors to evaluate how ProPetro Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ProPetro Holding shares will generate the highest return on investment. By understating and applying ProPetro Holding stock market price indicators, traders can identify ProPetro Holding position entry and exit signals to maximize returns.
ProPetro Holding Return and Market Media
The median price of ProPetro Holding for the period between Sun, Aug 4, 2024 and Sat, Nov 2, 2024 is 8.03 with a coefficient of variation of 5.89. The daily time series for the period is distributed with a sample standard deviation of 0.47, arithmetic mean of 7.92, and mean deviation of 0.38. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 5000 shares by Vion Michele of ProPetro Holding at 8.26 subject to Rule 16b-3 | 08/26/2024 |
2 | Disposition of 1695 shares by Adam Munoz of ProPetro Holding at 7.94 subject to Rule 16b-3 | 08/30/2024 |
3 | Disposition of 485 shares by Celina Davila of ProPetro Holding at 7.59 subject to Rule 16b-3 | 09/04/2024 |
4 | American Century Companies Inc. Has 21.81 Million Position in ProPetro Holding Corp. - MarketBeat | 09/20/2024 |
5 | LG HOSTS GLOBAL HEAT PUMP CONSORTIUM IN SEOUL TO ENHANCE HVAC TECHNOLOGY COLLABORATION | 09/24/2024 |
6 | Investment Analysis - Stock Traders Daily | 10/02/2024 |
7 | REEF Experiences Massive Crash After 650 percent Pump Manipulation Or Market Dip | 10/17/2024 |
8 | Key Factors to Consider Before BPs Q3 Earnings Announcement | 10/23/2024 |
9 | Amazon Prime Members Are Getting A Gas Discount Now | 10/24/2024 |
10 | ProPetro Holding Corp Q3 2024 Everything You Need to Know Ahead of Earnings | 10/29/2024 |
11 | ProPetro Holding Q3 Earnings and Revenues Beat Estimates | 10/30/2024 |
12 | ProPetro Holding Third Quarter 2024 Earnings Misses Expectations | 11/01/2024 |
About ProPetro Holding 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 ProPetro or other stocks. Alpha measures the amount that position in ProPetro Holding Corp 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) | Days Sales Outstanding | 53.49 | 61.59 | 53.06 | 63.14 | PTB Ratio | 1.01 | 1.15 | 0.95 | 0.9 |
ProPetro Holding Upcoming Company Events
As portrayed in its financial statements, the presentation of ProPetro Holding's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ProPetro Holding's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of ProPetro Holding's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of ProPetro Holding. Please utilize our Beneish M Score to check the likelihood of ProPetro Holding's management manipulating its earnings.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st 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 ProPetro Holding
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
Additional Tools for ProPetro Stock Analysis
When running ProPetro Holding's price analysis, check to measure ProPetro Holding'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 ProPetro Holding is operating at the current time. Most of ProPetro Holding's value examination focuses on studying past and present price action to predict the probability of ProPetro Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProPetro Holding's price. Additionally, you may evaluate how the addition of ProPetro Holding to your portfolios can decrease your overall portfolio volatility.