Foot Locker Stock Alpha and Beta Analysis
| FL Stock | USD 25.31 0.83 3.39% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Foot Locker. It also helps investors analyze the systematic and unsystematic risks associated with investing in Foot Locker over a specified time horizon. Remember, high Foot Locker'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 Foot Locker's market risk premium analysis include:
Beta 1.47 | Alpha (0.58) | Risk 2.77 | Sharpe Ratio (0.10) | Expected Return (0.29) |
Foot Locker 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.
Foot |
Foot Locker Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Foot Locker market risk premium is the additional return an investor will receive from holding Foot Locker 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 Foot Locker. 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 Foot Locker's performance over market.| α | -0.58 | β | 1.47 |
Foot Locker 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 Foot Locker's Buy-and-hold return. Our buy-and-hold chart shows how Foot Locker performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Foot Locker Market Price Analysis
Market price analysis indicators help investors to evaluate how Foot Locker stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Foot Locker shares will generate the highest return on investment. By understating and applying Foot Locker stock market price indicators, traders can identify Foot Locker position entry and exit signals to maximize returns.
Foot Locker Return and Market Media
The median price of Foot Locker for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 24.59 with a coefficient of variation of 9.69. The daily time series for the period is distributed with a sample standard deviation of 2.45, arithmetic mean of 25.33, and mean deviation of 1.89. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Hearth Market is Poised to Generate CAGR of 4.2 percent during 2024-2029 | 10/11/2024 |
2 | DAME Media presents Running For President TV set to film in Orlando, FL | 10/18/2024 |
3 | Dimensional Fund Advisors LP Increases Stake in Foot Locker Inc | 10/31/2024 |
4 | Foot Locker Has A Somewhat Strained Balance Sheet | 11/07/2024 |
5 | Are Investors Undervaluing Foot Locker Right Now | 11/12/2024 |
6 | FMR LLC Reduces Stake in Foot Locker Inc | 11/13/2024 |
7 | Disposition of 2846 shares by Franklin Bracken of Foot Locker at 23.6 subject to Rule 16b-3 | 11/15/2024 |
8 | Tidal Wave Auto Spa Celebrates Grand Opening of Brand-New Lantana, FL, Location | 11/20/2024 |
9 | The Rise of AI in Finance Market A 190.33 billion Industry Dominated by Tech Giants - Google , Microsoft , Zoho , IBM MarketsandMarkets | 11/21/2024 |
10 | Needham starts Skechers coverage at Hold, Foot Locker at Buy | 11/22/2024 |
11 | Evercore ISI cuts Foot Locker target to 32, keeps Outperform | 11/25/2024 |
About Foot Locker 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 Foot or other stocks. Alpha measures the amount that position in Foot Locker 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.
| 2011 | 2014 | 2020 | 2024 (projected) | Dividend Yield | 0.0206 | 0.0397 | 0.0406 | 0.0166 | Price To Sales Ratio | 0.88 | 0.52 | 0.34 | 1.07 |
Foot Locker Upcoming Company Events
As portrayed in its financial statements, the presentation of Foot Locker's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Foot Locker's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Foot Locker's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Foot Locker. Please utilize our Beneish M Score to check the likelihood of Foot Locker's management manipulating its earnings.
| 18th of March 2024 Upcoming Quarterly Report | View | |
| 17th of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 18th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Build Portfolio with Foot Locker
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Align your risk with return expectations
Check out Foot Locker Backtesting, Foot Locker Valuation, Foot Locker Correlation, Foot Locker Hype Analysis, Foot Locker Volatility, Foot Locker History and analyze Foot Locker Performance. For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Foot Locker 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.