Goosehead Insurance Stock Alpha and Beta Analysis
| GSHD Stock | USD 129.69 3.86 3.07% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Goosehead Insurance. It also helps investors analyze the systematic and unsystematic risks associated with investing in Goosehead Insurance over a specified time horizon. Remember, high Goosehead Insurance'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 Goosehead Insurance's market risk premium analysis include:
Beta (0.10) | Alpha 0.71 | Risk 2.51 | Sharpe Ratio 0.27 | Expected Return 0.68 |
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.
Goosehead |
Goosehead Insurance Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Goosehead Insurance market risk premium is the additional return an investor will receive from holding Goosehead Insurance 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 Goosehead Insurance. 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 Goosehead Insurance's performance over market.| α | 0.71 | β | -0.1 |
Goosehead Insurance 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 Goosehead Insurance's Buy-and-hold return. Our buy-and-hold chart shows how Goosehead Insurance performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Goosehead Insurance Market Price Analysis
Market price analysis indicators help investors to evaluate how Goosehead Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Goosehead Insurance shares will generate the highest return on investment. By understating and applying Goosehead Insurance stock market price indicators, traders can identify Goosehead Insurance position entry and exit signals to maximize returns.
Goosehead Insurance Return and Market Media
The median price of Goosehead Insurance for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 90.57 with a coefficient of variation of 14.0. The daily time series for the period is distributed with a sample standard deviation of 13.8, arithmetic mean of 98.57, and mean deviation of 12.15. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Goosehead Insurances 13 percent CAGR outpaced the companys earnings growth over the same five-year period | 09/18/2024 |
2 | Disposition of 4814 shares by Patrick Langston of Goosehead Insurance at 90.26 subject to Rule 16b-3 | 09/25/2024 |
3 | Acquisition by Mark Robyn Jones Descendants Trust 2014 of 34 shares of Goosehead Insurance subject to Rule 16b-3 | 10/21/2024 |
4 | Goosehead Insurance Inc Shares Up 6.15 percent on Oct 24 | 10/24/2024 |
5 | Goosehead Insurance Third Quarter 2024 Earnings EPS Beats Expectations, Revenues Lag | 10/25/2024 |
6 | Disposition of 9100 shares by Robyn Jones of Goosehead Insurance subject to Rule 16b-3 | 11/01/2024 |
7 | Investment Analysts Weekly Ratings Updates for Goosehead Insurance | 11/04/2024 |
8 | AXAHY or GSHD Which Is the Better Value Stock Right Now | 11/06/2024 |
9 | Disposition of 58327 shares by Mark Miller of Goosehead Insurance at 10.0 subject to Rule 16b-3 | 11/07/2024 |
10 | Revenues Tell The Story For Goosehead Insurance, Inc As Its Stock Soars 31 | 11/12/2024 |
11 | Goosehead Insurance Rebounded Nearly 60 percent After a Sell-Off - Yahoo Finance | 11/18/2024 |
12 | Goosehead Insurance stock soars to 52-week high of 124.11 By Investing.com - Investing.com UK | 11/21/2024 |
About Goosehead Insurance 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 Goosehead or other stocks. Alpha measures the amount that position in Goosehead Insurance 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.
| 2020 | 2021 | 2023 (projected) | Dividend Yield | 0.0213 | 0.024 | 0.0277 | Price To Sales Ratio | 17.9 | 16.49 | 6.94 |
Goosehead Insurance Upcoming Company Events
As portrayed in its financial statements, the presentation of Goosehead Insurance's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Goosehead Insurance's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Goosehead Insurance's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Goosehead Insurance. Please utilize our Beneish M Score to check the likelihood of Goosehead Insurance's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th 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 Goosehead Insurance
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 Goosehead Insurance Backtesting, Goosehead Insurance Valuation, Goosehead Insurance Correlation, Goosehead Insurance Hype Analysis, Goosehead Insurance Volatility, Goosehead Insurance History and analyze Goosehead Insurance Performance. For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Goosehead Insurance 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.