Resideo Technologies Stock Alpha and Beta Analysis
| REZI Stock | USD 25.36 0.40 1.60% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Resideo Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Resideo Technologies over a specified time horizon. Remember, high Resideo Technologies' 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 Resideo Technologies' market risk premium analysis include:
Beta 2.08 | Alpha 0.15 | Risk 2.46 | Sharpe Ratio 0.2 | Expected Return 0.49 |
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.
Resideo |
Resideo Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Resideo Technologies market risk premium is the additional return an investor will receive from holding Resideo Technologies 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 Resideo Technologies. 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 Resideo Technologies' performance over market.| α | 0.15 | β | 2.08 |
Resideo Technologies 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 Resideo Technologies' Buy-and-hold return. Our buy-and-hold chart shows how Resideo Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Resideo Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how Resideo Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Resideo Technologies shares will generate the highest return on investment. By understating and applying Resideo Technologies stock market price indicators, traders can identify Resideo Technologies position entry and exit signals to maximize returns.
Resideo Technologies Return and Market Media
The median price of Resideo Technologies for the period between Thu, Aug 15, 2024 and Wed, Nov 13, 2024 is 19.94 with a coefficient of variation of 6.9. The daily time series for the period is distributed with a sample standard deviation of 1.38, arithmetic mean of 19.96, and mean deviation of 0.93. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Robert Aarnes of 64667 shares of Resideo Technologies subject to Rule 16b-3 | 08/30/2024 |
2 | Q2 Earnings Roundup Sherwin-Williams And The Rest Of The Building Materials Segment | 10/04/2024 |
3 | Q2 2024 Resideo Technologies Inc Earnings Call Transcript | 10/09/2024 |
4 | Resideo Technologies Inc Shares Up 3.47 percent on Oct 16 | 10/16/2024 |
5 | Dimensional Fund Advisors LP Increases Stake in Resideo Technologies Inc | 10/31/2024 |
6 | Resideo Q3 Earnings What To Expect | 11/06/2024 |
7 | Resideo Technologies Trying To Close In On Key Technical Benchmark | 11/07/2024 |
8 | Resideo Technologies Inc Q3 2024 Earnings Call Highlights Strong Revenue Growth and ... | 11/08/2024 |
9 | Honeywell shares jump 7 percent on report of Elliott Stake Bloomberg | 11/12/2024 |
About Resideo Technologies 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 Resideo or other stocks. Alpha measures the amount that position in Resideo Technologies 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 | 54.69 | 57.41 | 56.9 | 65.78 | PTB Ratio | 1.66 | 0.95 | 1.01 | 1.39 |
Resideo Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of Resideo Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Resideo Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Resideo Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Resideo Technologies. Please utilize our Beneish M Score to check the likelihood of Resideo Technologies' management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th 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 Resideo Technologies
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Check out Resideo Technologies Backtesting, Resideo Technologies Valuation, Resideo Technologies Correlation, Resideo Technologies Hype Analysis, Resideo Technologies Volatility, Resideo Technologies History and analyze Resideo Technologies Performance. For more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Resideo Technologies 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.