Perdoceo Education Corp Stock Alpha and Beta Analysis

PRDO Stock  USD 26.12  0.58  2.17%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Perdoceo Education Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Perdoceo Education over a specified time horizon. Remember, high Perdoceo Education'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 Perdoceo Education's market risk premium analysis include:
Beta
1.67
Alpha
0.23
Risk
2.66
Sharpe Ratio
0.12
Expected Return
0.31
Please note that although Perdoceo Education alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Perdoceo Education did 0.23  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Perdoceo Education Corp stock's relative risk over its benchmark. Perdoceo Education Corp has a beta of 1.67  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Perdoceo Education will likely underperform. At this time, Perdoceo Education's Book Value Per Share is very stable compared to the past year. As of the 23rd of December 2024, Tangible Book Value Per Share is likely to grow to 8.91, while Enterprise Value Over EBITDA is likely to drop 4.82.

Enterprise Value

1.01 Billion

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.
  
Check out Perdoceo Education Backtesting, Perdoceo Education Valuation, Perdoceo Education Correlation, Perdoceo Education Hype Analysis, Perdoceo Education Volatility, Perdoceo Education History and analyze Perdoceo Education Performance.

Perdoceo Education Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Perdoceo Education market risk premium is the additional return an investor will receive from holding Perdoceo Education 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 Perdoceo Education. 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 Perdoceo Education's performance over market.
α0.23   β1.67

Perdoceo Education 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 Perdoceo Education's Buy-and-hold return. Our buy-and-hold chart shows how Perdoceo Education performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Perdoceo Education Market Price Analysis

Market price analysis indicators help investors to evaluate how Perdoceo Education stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Perdoceo Education shares will generate the highest return on investment. By understating and applying Perdoceo Education stock market price indicators, traders can identify Perdoceo Education position entry and exit signals to maximize returns.

Perdoceo Education Return and Market Media

The median price of Perdoceo Education for the period between Tue, Sep 24, 2024 and Mon, Dec 23, 2024 is 22.26 with a coefficient of variation of 11.41. The daily time series for the period is distributed with a sample standard deviation of 2.74, arithmetic mean of 24.03, and mean deviation of 2.61. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
1
CECO Environmental to Acquire Profire Energy for 125 Million
10/29/2024
2
Returns On Capital At Perdoceo Education Paint A Concerning Picture
11/12/2024
3
Perdoceo Education Announces Quarterly Earnings Results
11/15/2024
4
Disposition of 3400 shares by Gross Patrick W of Perdoceo Education at 26.74 subject to Rule 16b-3
11/18/2024
5
Perdoceo Education Corporation Hit a 52 Week High, Can the Run Continue - MSN
11/20/2024
6
Are You Looking for a Top Momentum Pick Why Perdoceo Education is a Great Choice
11/25/2024
7
Perdoceo Education Corporation completes its previously announced acquisition of University of St. Augustine for Health Sciences, LLC
12/02/2024
8
Q3 Earnings Highs And Lows Laureate Education Vs The Rest Of The Education Services Stocks
12/05/2024
9
Weiss Asset Management LP Purchases New Stake in Perdoceo Education Co.
12/09/2024
10
No college degree No worries. Newsom unveils plan for well-paying jobs without one
12/16/2024
11
Heres Why Momentum in Perdoceo Education Should Keep going
12/18/2024

About Perdoceo Education 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 Perdoceo or other stocks. Alpha measures the amount that position in Perdoceo Education 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.
 2023 2024 (projected)
Dividend Yield0.01110.0117
Price To Sales Ratio1.641.55

Perdoceo Education Upcoming Company Events

As portrayed in its financial statements, the presentation of Perdoceo Education's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Perdoceo Education's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Perdoceo Education's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Perdoceo Education. Please utilize our Beneish M Score to check the likelihood of Perdoceo Education's management manipulating its earnings.
22nd of February 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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22nd of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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When determining whether Perdoceo Education Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perdoceo Education's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Perdoceo Education Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perdoceo Education Corp Stock:
Perdoceo Education 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.
A focus of Perdoceo Education technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Perdoceo Education trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...