Costar Group Stock Alpha and Beta Analysis
| CSGP Stock | USD 81.34 0.63 0.77% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as CoStar Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in CoStar over a specified time horizon. Remember, high CoStar'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 CoStar's market risk premium analysis include:
Beta 0.86 | Alpha 0.000172 | Risk 1.95 | Sharpe Ratio 0.072 | Expected Return 0.14 |
Enterprise Value |
|
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.
CoStar |
CoStar Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. CoStar market risk premium is the additional return an investor will receive from holding CoStar 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 CoStar. 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 CoStar's performance over market.| α | 0.0002 | β | 0.86 |
CoStar 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 CoStar's Buy-and-hold return. Our buy-and-hold chart shows how CoStar performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.CoStar Market Price Analysis
Market price analysis indicators help investors to evaluate how CoStar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CoStar shares will generate the highest return on investment. By understating and applying CoStar stock market price indicators, traders can identify CoStar position entry and exit signals to maximize returns.
CoStar Return and Market Media
The median price of CoStar for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 76.27 with a coefficient of variation of 2.94. The daily time series for the period is distributed with a sample standard deviation of 2.24, arithmetic mean of 76.18, and mean deviation of 1.82. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | CoStar Group to Acquire Visual Lease, a Leading Lease Administration and Accounting Platform | 10/22/2024 |
2 | CoStar Group Announces Earnings Results, Beats Expectations By 0.06 EPS | 10/24/2024 |
3 | Director Michael Klein Sells 71,633 Shares of CoStar Group Inc | 10/29/2024 |
4 | Disposition of 1829 shares by Desmarais Michael J of CoStar at 87.03 subject to Rule 16b-3 | 11/01/2024 |
5 | CoStar Group to Present at Stephens NASH24 Conference | 11/13/2024 |
6 | Allstate Thinks Outside the Cubicle With Flexible Workspaces | 11/18/2024 |
7 | CoStar Group to Host Investor Day on Thursday, December 5, 2024 | 11/19/2024 |
8 | CoStar Group Inc Shares Up 3.88 percent on Nov 20 | 11/20/2024 |
9 | Is CoStar Group, Inc.s Stock Price Struggling As A Result Of Its Mixed Financials | 11/21/2024 |
10 | ServiceNow Up 9.5 percent Since Last Earnings Report Can It Continue | 11/22/2024 |
11 | Costar Group, Inc. Are Hedge Funds Bullish On This Real Estate and Realty Stock | 11/25/2024 |
12 | CoStar Group Inc s Winning Formula Financial Metrics and Competitive Strengths | 11/26/2024 |
About CoStar 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 CoStar or other stocks. Alpha measures the amount that position in CoStar Group 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 | 23.43 | 27.79 | 29.11 | 27.72 | PTB Ratio | 5.43 | 4.46 | 4.83 | 4.84 |
CoStar Upcoming Company Events
As portrayed in its financial statements, the presentation of CoStar's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CoStar's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of CoStar's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of CoStar. Please utilize our Beneish M Score to check the likelihood of CoStar's management manipulating its earnings.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of February 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 CoStar
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
Additional Tools for CoStar Stock Analysis
When running CoStar's price analysis, check to measure CoStar'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 CoStar is operating at the current time. Most of CoStar's value examination focuses on studying past and present price action to predict the probability of CoStar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoStar's price. Additionally, you may evaluate how the addition of CoStar to your portfolios can decrease your overall portfolio volatility.