Avista Stock Alpha and Beta Analysis
| AVA Stock | USD 38.54 0.06 0.16% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Avista. It also helps investors analyze the systematic and unsystematic risks associated with investing in Avista over a specified time horizon. Remember, high Avista'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 Avista's market risk premium analysis include:
Beta 0.0807 | Alpha (0.02) | Risk 1.12 | Sharpe Ratio 0.019 | Expected Return 0.0213 |
Avista 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.
Avista |
Avista Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Avista market risk premium is the additional return an investor will receive from holding Avista 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 Avista. 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 Avista's performance over market.| α | -0.02 | β | 0.08 |
Avista 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 Avista's Buy-and-hold return. Our buy-and-hold chart shows how Avista performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Avista Market Price Analysis
Market price analysis indicators help investors to evaluate how Avista stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Avista shares will generate the highest return on investment. By understating and applying Avista stock market price indicators, traders can identify Avista position entry and exit signals to maximize returns.
Avista Return and Market Media
The median price of Avista for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 37.79 with a coefficient of variation of 1.75. The daily time series for the period is distributed with a sample standard deviation of 0.66, arithmetic mean of 37.67, and mean deviation of 0.54. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
| Avista dividend paid on 13th of September 2024 | 09/13/2024 |
1 | Avista Corporation Leveraging New Customer Revenue for Continued Growth | 10/01/2024 |
2 | 3 ASX Growth Stocks With Insider Ownership Up To 33 | 10/15/2024 |
3 | ASX Growth Companies With Significant Insider Ownership October 2024 | 10/25/2024 |
4 | Avista joins PGE, Grid United and ALLETE in 3,000 megawatt east-west transmission line | 11/05/2024 |
5 | Avista GAAP EPS of 0.23 beats by 0.11, revenue of 383.75M misses by 5.54M | 11/06/2024 |
6 | Avista Corp Q3 2024 Earnings Call Highlights Strong Earnings Growth Amid Financial Challenges | 11/07/2024 |
7 | Avista Third Quarter 2024 Earnings Beats Expectations | 11/08/2024 |
8 | Earnings call Organogenesis tops Q3 revenue forecast with 115.2M | 11/13/2024 |
9 | Avista declares 0.475 dividend | 11/14/2024 |
10 | Michael Schutzler to Retire from Role as CEO of WTIA in December 2024 | 11/19/2024 |
11 | Ex-Dividend Reminder Avista, Johnson Johnson and Labcorp Holdings - Nasdaq | 11/22/2024 |
12 | Disposition of 511 shares by Scott Morris of Avista at .13 subject to Rule 16b-3 | 11/26/2024 |
About Avista 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 Avista or other stocks. Alpha measures the amount that position in Avista 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) | Dividend Yield | 0.0398 | 0.0399 | 0.0516 | 0.0474 | Price To Sales Ratio | 2.07 | 1.89 | 1.56 | 0.93 |
Avista Upcoming Company Events
As portrayed in its financial statements, the presentation of Avista's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Avista's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Avista's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Avista. Please utilize our Beneish M Score to check the likelihood of Avista's management manipulating its earnings.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st 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 Avista Backtesting, Avista Valuation, Avista Correlation, Avista Hype Analysis, Avista Volatility, Avista History and analyze Avista Performance. For information on how to trade Avista Stock refer to our How to Trade Avista Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Avista 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.