Shimmick Common Stock Alpha and Beta Analysis
| SHIM Stock | 3.15 0.18 6.06% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Shimmick Common. It also helps investors analyze the systematic and unsystematic risks associated with investing in Shimmick Common over a specified time horizon. Remember, high Shimmick Common'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 Shimmick Common's market risk premium analysis include:
Beta 0.78 | Alpha 0.45 | Risk 5.48 | Sharpe Ratio 0.11 | Expected Return 0.58 |
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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.
Shimmick |
Shimmick Common Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Shimmick Common market risk premium is the additional return an investor will receive from holding Shimmick Common 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 Shimmick Common. 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 Shimmick Common's performance over market.| α | 0.45 | β | 0.78 |
Shimmick Common 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 Shimmick Common's Buy-and-hold return. Our buy-and-hold chart shows how Shimmick Common performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Shimmick Common Market Price Analysis
Market price analysis indicators help investors to evaluate how Shimmick Common stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shimmick Common shares will generate the highest return on investment. By understating and applying Shimmick Common stock market price indicators, traders can identify Shimmick Common position entry and exit signals to maximize returns.
Shimmick Common Return and Market Media
The median price of Shimmick Common for the period between Tue, Oct 1, 2024 and Mon, Dec 30, 2024 is 2.35 with a coefficient of variation of 14.85. The daily time series for the period is distributed with a sample standard deviation of 0.36, arithmetic mean of 2.39, and mean deviation of 0.28. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Shimmick Its Rivals Critical Review | 11/06/2024 |
2 | Shimmick Set to Announce Quarterly Earnings on Tuesday | 11/08/2024 |
3 | Shimmick appoints Ural Yal as CEO | 11/12/2024 |
4 | Shimmick Third Quarter 2024 Earnings Beats Expectations | 11/15/2024 |
5 | Shimmick Awarded 45.4M Murray Street Bridge Project in Santa Cruz | 12/02/2024 |
6 | Why Is Construction Engineering Company Shimmick Stock Rocketing Premarket On Tuesday | 12/03/2024 |
7 | Shimmick Awarded Contract for North Hollywood to Pasadena Bus Rapid Transit Project | 12/05/2024 |
About Shimmick Common 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 Shimmick or other stocks. Alpha measures the amount that position in Shimmick Common 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 | 99.37 | 75.47 | 67.93 | 74.33 | PTB Ratio | 3.5 | 3.1 | 3.56 | 3.29 |
Shimmick Common Upcoming Company Events
As portrayed in its financial statements, the presentation of Shimmick Common's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Shimmick Common's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Shimmick Common's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Shimmick Common. Please utilize our Beneish M Score to check the likelihood of Shimmick Common's management manipulating its earnings.
| 19th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 19th of March 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 Shimmick Common
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
Check out Shimmick Common Backtesting, Shimmick Common Valuation, Shimmick Common Correlation, Shimmick Common Hype Analysis, Shimmick Common Volatility, Shimmick Common History and analyze Shimmick Common Performance. To learn how to invest in Shimmick Stock, please use our How to Invest in Shimmick Common guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Shimmick Common 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.