Sleep Number Corp Stock Alpha and Beta Analysis
| SNBR Stock | USD 16.32 1.55 8.67% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sleep Number Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sleep Number over a specified time horizon. Remember, high Sleep Number'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 Sleep Number's market risk premium analysis include:
Beta 1.58 | Alpha (0.01) | Risk 5.22 | Sharpe Ratio 0.0119 | Expected Return 0.0618 |
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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.
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Sleep Number Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sleep Number market risk premium is the additional return an investor will receive from holding Sleep Number 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 Sleep Number. 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 Sleep Number's performance over market.| α | -0.0094 | β | 1.58 |
Sleep Number 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 Sleep Number's Buy-and-hold return. Our buy-and-hold chart shows how Sleep Number performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Sleep Number Market Price Analysis
Market price analysis indicators help investors to evaluate how Sleep Number stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sleep Number shares will generate the highest return on investment. By understating and applying Sleep Number stock market price indicators, traders can identify Sleep Number position entry and exit signals to maximize returns.
Sleep Number Return and Market Media
The median price of Sleep Number for the period between Sat, Sep 21, 2024 and Fri, Dec 20, 2024 is 15.6 with a coefficient of variation of 14.87. The daily time series for the period is distributed with a sample standard deviation of 2.35, arithmetic mean of 15.84, and mean deviation of 2.0. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Stadium Capital Management Llc of 300 shares of Sleep Number at 13.94 subject to Rule 16b-3 | 11/06/2024 |
2 | Acquisition by Stadium Capital Management Llc of 25325 shares of Sleep Number at 14.9046 subject to Rule 16b-3 | 11/11/2024 |
3 | Acquisition by Stadium Capital Management Llc of 29860 shares of Sleep Number at 14.225 subject to Rule 16b-3 | 11/12/2024 |
4 | Sleep Number Co. Major Shareholder Stadium Capital Management Llc Purchases 22,000 Shares of Stock | 11/14/2024 |
5 | Acquisition by Stadium Capital Management Llc of 9740 shares of Sleep Number at 12.5571 subject to Rule 16b-3 | 11/15/2024 |
6 | Sleep number sees 556,389 in stock purchases by Stadium Capital | 11/18/2024 |
7 | Landscape Capital Management L.L.C. Sells 87,059 Shares of Sleep Number Co. - MarketBeat | 11/22/2024 |
8 | Sleep Number Comments on Public Letter to Shareholders from Stadium Capital Management | 11/25/2024 |
9 | Stadium Capital Management Nominates Four Exceptionally Qualified Director Candidates to Sleep Numbers Board of Directors | 12/02/2024 |
10 | Sleep Numbers Patrick Hopf Acquires 900 percent More Stock | 12/03/2024 |
11 | Sleep Number Co. Holdings Raised by Stadium Capital Management LLC | 12/05/2024 |
12 | Acquisition by Kilpatrick Deborah L. of 132 shares of Sleep Number subject to Rule 16b-3 | 12/10/2024 |
About Sleep Number 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 Sleep or other stocks. Alpha measures the amount that position in Sleep Number 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.
| 2016 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 4.76 | 5.18 | 5.95 | 6.55 | Days Of Inventory On Hand | 54.65 | 45.64 | 41.07 | 32.68 |
Sleep Number Upcoming Company Events
As portrayed in its financial statements, the presentation of Sleep Number's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sleep Number's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Sleep Number's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Sleep Number. Please utilize our Beneish M Score to check the likelihood of Sleep Number's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Sleep Stock Analysis
When running Sleep Number's price analysis, check to measure Sleep Number'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 Sleep Number is operating at the current time. Most of Sleep Number's value examination focuses on studying past and present price action to predict the probability of Sleep Number's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sleep Number's price. Additionally, you may evaluate how the addition of Sleep Number to your portfolios can decrease your overall portfolio volatility.