Corpay Inc Stock Alpha and Beta Analysis
| CPAY Stock | 380.62 1.52 0.40% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Corpay Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Corpay over a specified time horizon. Remember, high Corpay'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 Corpay's market risk premium analysis include:
Beta 1.06 | Alpha 0.22 | Risk 1.49 | Sharpe Ratio 0.21 | Expected Return 0.31 |
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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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Corpay Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Corpay market risk premium is the additional return an investor will receive from holding Corpay 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 Corpay. 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 Corpay's performance over market.| α | 0.22 | β | 1.06 |
Corpay 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 Corpay's Buy-and-hold return. Our buy-and-hold chart shows how Corpay performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Corpay Market Price Analysis
Market price analysis indicators help investors to evaluate how Corpay stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Corpay shares will generate the highest return on investment. By understating and applying Corpay stock market price indicators, traders can identify Corpay position entry and exit signals to maximize returns.
Corpay Return and Market Media
The median price of Corpay for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 332.02 with a coefficient of variation of 7.5. The daily time series for the period is distributed with a sample standard deviation of 25.08, arithmetic mean of 334.37, and mean deviation of 21.28. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 18500 shares by Armando Netto of Corpay at 114.9 subject to Rule 16b-3 | 09/10/2024 |
2 | Acquisition by Armando Netto of 2459 shares of Corpay at 312.76 subject to Rule 16b-3 | 09/30/2024 |
3 | Acquisition by Alissa Vickery of 10000 shares of Corpay at 174.35 subject to Rule 16b-3 | 10/22/2024 |
4 | Compared to Estimates, Corpay Q3 Earnings A Look at Key Metrics | 11/07/2024 |
5 | The CAR share price and FLT share price in focus | 11/11/2024 |
6 | Disposition of 220000 shares by Ronald Clarke of Corpay at 149.68 subject to Rule 16b-3 | 11/12/2024 |
7 | Riassunto Corpay Cross-Border amplia la sua partnership con World Aquatics | 11/18/2024 |
8 | Disposition of 5760 shares by Armando Netto of Corpay at 196.18 subject to Rule 16b-3 | 11/19/2024 |
9 | Resumen Corpay Cross-Border ampla su asociacin con World Aquatics | 11/20/2024 |
10 | Corpay Stock Gains 58 percent in a Year Heres What You Should Know | 11/21/2024 |
11 | Insider Sell Alissa Vickery Sells 8,000 Shares of Corpay Inc | 11/22/2024 |
12 | Up 70 percent in a year, why this top fundie thinks Qantas shares are still cheap | 11/25/2024 |
13 | Disposition of 15000 shares by Alan King of Corpay at 133.4 subject to Rule 16b-3 | 11/26/2024 |
About Corpay 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 Corpay or other stocks. Alpha measures the amount that position in Corpay Inc 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 | 230.98 | 356.97 | 336.92 | 371.58 | PTB Ratio | 6.41 | 5.46 | 6.28 | 4.61 |
Corpay Investors Sentiment
The influence of Corpay's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Corpay. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Corpay's public news can be used to forecast risks associated with an investment in Corpay. The trend in average sentiment can be used to explain how an investor holding Corpay can time the market purely based on public headlines and social activities around Corpay Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Corpay's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Corpay's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Corpay's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Corpay.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Corpay in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Corpay's short interest history, or implied volatility extrapolated from Corpay options trading.
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Additional Tools for Corpay Stock Analysis
When running Corpay's price analysis, check to measure Corpay'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 Corpay is operating at the current time. Most of Corpay's value examination focuses on studying past and present price action to predict the probability of Corpay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corpay's price. Additionally, you may evaluate how the addition of Corpay to your portfolios can decrease your overall portfolio volatility.