Universal Display Stock Alpha and Beta Analysis
| OLED Stock | USD 164.52 3.35 2.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Universal Display. It also helps investors analyze the systematic and unsystematic risks associated with investing in Universal Display over a specified time horizon. Remember, high Universal Display'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 Universal Display's market risk premium analysis include:
Beta 1.5 | Alpha (0.37) | Risk 2.4 | Sharpe Ratio (0.05) | Expected Return (0.13) |
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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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Universal Display Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Universal Display market risk premium is the additional return an investor will receive from holding Universal Display 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 Universal Display. 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 Universal Display's performance over market.| α | -0.37 | β | 1.50 |
Universal Display 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 Universal Display's Buy-and-hold return. Our buy-and-hold chart shows how Universal Display performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Universal Display Market Price Analysis
Market price analysis indicators help investors to evaluate how Universal Display stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Universal Display shares will generate the highest return on investment. By understating and applying Universal Display stock market price indicators, traders can identify Universal Display position entry and exit signals to maximize returns.
Universal Display Return and Market Media
The median price of Universal Display for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 201.88 with a coefficient of variation of 8.68. The daily time series for the period is distributed with a sample standard deviation of 16.74, arithmetic mean of 192.91, and mean deviation of 14.87. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 1760 shares by Brian Millard of Universal Display at 184.62 subject to Rule 16b-3 | 09/06/2024 |
2 | Acquisition by Comparin Cynthia Jane of 472 shares of Universal Display subject to Rule 16b-3 | 09/09/2024 |
| Universal Display dividend paid on 30th of September 2024 | 09/30/2024 |
3 | Disposition of 15822 shares by Sidney Rosenblatt of Universal Display subject to Rule 16b-3 | 10/10/2024 |
4 | Universal Display earnings beat by 0.21, revenue fell short of estimates | 10/30/2024 |
5 | Dont Overlook Universal Display International Revenue Trends While Assessing the Stock | 11/04/2024 |
6 | Universal Display director Lawrence Lacerte buys 134,220 in stock | 11/06/2024 |
7 | Universal Display Corporation Shareholders May Have Been Affected by Fraud- Levi Korsinsky Investigates | 11/11/2024 |
8 | Industry Comparison Evaluating NVIDIA Against Competitors In Semiconductors Semiconductor Equipment Industry | 11/13/2024 |
9 | ATTENTION Universal Display Corporation Investors You May Have Been Affected by Fraud - Contact Levi Korsinsky to Discuss Your Rights | 11/15/2024 |
10 | Investigating NVIDIAs Standing In Semiconductors Semiconductor Equipment Industry Compared To Competitors | 11/18/2024 |
11 | Disposition of 2012 shares by Steven Abramson of Universal Display subject to Rule 16b-3 | 11/20/2024 |
12 | KYOCY or OLED Which Is the Better Value Stock Right Now | 11/22/2024 |
13 | OLED Market Trends and Revenue Projections by Product Type, Technology, Panel Size, Application, Vertical and Region | 11/27/2024 |
14 | Why Is Universal Display Down 10.6 percent Since Last Earnings Report | 11/29/2024 |
About Universal Display 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 Universal or other stocks. Alpha measures the amount that position in Universal Display 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 | 0.00486 | 0.0111 | 0.007337 | 0.007703 | Price To Sales Ratio | 14.1 | 8.3 | 15.78 | 14.99 |
Universal Display Upcoming Company Events
As portrayed in its financial statements, the presentation of Universal Display's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Universal Display's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Universal Display's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Universal Display. Please utilize our Beneish M Score to check the likelihood of Universal Display's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd 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 Universal Display
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Align your risk with return expectations
Check out Universal Display Backtesting, Universal Display Valuation, Universal Display Correlation, Universal Display Hype Analysis, Universal Display Volatility, Universal Display History and analyze Universal Display Performance. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Universal Display 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.