Public Service Enterprise Stock Alpha and Beta Analysis
| PEG Stock | USD 94.20 0.31 0.33% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Public Service Enterprise. It also helps investors analyze the systematic and unsystematic risks associated with investing in Public Service over a specified time horizon. Remember, high Public Service'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 Public Service's market risk premium analysis include:
Beta 0.43 | Alpha 0.2 | Risk 1.49 | Sharpe Ratio 0.18 | Expected Return 0.26 |
Public Service 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.
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Public Service Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Public Service market risk premium is the additional return an investor will receive from holding Public Service 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 Public Service. 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 Public Service's performance over market.| α | 0.20 | β | 0.43 |
Public Service 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 Public Service's Buy-and-hold return. Our buy-and-hold chart shows how Public Service performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Public Service Market Price Analysis
Market price analysis indicators help investors to evaluate how Public Service stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Public Service shares will generate the highest return on investment. By understating and applying Public Service stock market price indicators, traders can identify Public Service position entry and exit signals to maximize returns.
Public Service Return and Market Media
The median price of Public Service for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 88.17 with a coefficient of variation of 4.67. The daily time series for the period is distributed with a sample standard deviation of 4.07, arithmetic mean of 87.13, and mean deviation of 3.36. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 9563 shares by Tamara Linde of Public Service at 79.54 subject to Rule 16b-3 | 09/09/2024 |
| Public Service dividend paid on 30th of September 2024 | 09/30/2024 |
2 | Insider Trading | 10/04/2024 |
3 | Compared to Estimates, PSEG Q3 Earnings A Look at Key Metrics | 11/04/2024 |
4 | New Mexico governor declares emergency as western winter storm leaves thousands without power | 11/07/2024 |
5 | Public Service declares 0.60 dividend | 11/19/2024 |
6 | Public Service Enterprise Group Announces Amendments to Executive Compensation Plans | 11/20/2024 |
7 | PSEG Foundation Awards 1 Million to Montclair State University To Expand Green Teams Program | 11/21/2024 |
8 | Public Service Enterprise Group Will Pay A Dividend Of 0.60 | 11/22/2024 |
9 | APS, 3 other Arizona utilities to join Southwest Power Pools Markets | 11/25/2024 |
About Public Service 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 Public or other stocks. Alpha measures the amount that position in Public Service Enterprise 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 | 2024 (projected) | Dividend Yield | 0.0307 | 0.0354 | 0.0504 | Price To Sales Ratio | 3.46 | 3.11 | 2.85 |
Public Service Upcoming Company Events
As portrayed in its financial statements, the presentation of Public Service's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Public Service's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Public Service's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Public Service. Please utilize our Beneish M Score to check the likelihood of Public Service's management manipulating its earnings.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th 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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Check out Public Service Backtesting, Public Service Valuation, Public Service Correlation, Public Service Hype Analysis, Public Service Volatility, Public Service History and analyze Public Service Performance. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Public Service 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.