Six Flags Entertainment Alpha and Beta Analysis
| SIXDelisted Stock | USD 32.00 0.82 2.50% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Six Flags Entertainment. It also helps investors analyze the systematic and unsystematic risks associated with investing in Six Flags over a specified time horizon. Remember, high Six Flags' 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 Six Flags' market risk premium analysis include:
Beta 0.11 | Alpha 0.39 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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.
Six |
Six Flags Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Six Flags market risk premium is the additional return an investor will receive from holding Six Flags 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 Six Flags. 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 Six Flags' performance over market.| α | 0.39 | β | 0.11 |
Six Flags Fundamentals Vs Peers
Comparing Six Flags' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Six Flags' direct or indirect competition across all of the common fundamentals between Six Flags and the related equities. This way, we can detect undervalued stocks with similar characteristics as Six Flags or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Six Flags' fundamental indicators could also be used in its relative valuation, which is a method of valuing Six Flags by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Six Flags to competition |
| Fundamentals | Six Flags | Peer Average |
| Return On Asset | 0.0776 | -0.14 |
| Profit Margin | 0.02 % | (1.27) % |
| Operating Margin | (0.44) % | (5.51) % |
| Current Valuation | 7.69 B | 16.62 B |
| Shares Outstanding | 84.27 M | 571.82 M |
| Shares Owned By Insiders | 1.14 % | 10.09 % |
| Shares Owned By Institutions | 98.86 % | 39.21 % |
Six Flags Opportunities
Six Flags Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Six Flags stock target trimmed, maintains Buy rating on shortfall anticipation | 05/02/2024 |
2 | Six Flags GAAP EPS of -0.98 misses by 0.07, revenue of 133M misses by 3.65M | 05/09/2024 |
3 | GameSquare is Making Moves to Become the Dallas Cowboys of Esports | 06/04/2024 |
4 | Cedar Fair and Six Flags Announce Anticipated Closing Date of the Mergers and Six Flags Related Special Dividend | 06/18/2024 |
5 | 7 Undervalued Stocks on the Cusp of a Triple-Digit Recovery | 06/24/2024 |
6 | Six Flags Entertainment sheds US163m, company earnings and investor returns have been trending downwards for past five years | 06/26/2024 |
7 | Six Flags Launches Groundbreaking Metaverse Experience on Roblox, Bridging Physical and Digital Worlds A First in the Theme Park Industry | 06/28/2024 |
| Six Flags dividend paid on 1st of July 2024 | 07/01/2024 |
About Six Flags 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 Six or other delisted stocks. Alpha measures the amount that position in Six Flags Entertainment 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.
Six Flags Upcoming Company Events
As portrayed in its financial statements, the presentation of Six Flags' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Six Flags' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Six Flags' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Six Flags. Please utilize our Beneish M Score to check the likelihood of Six Flags' management manipulating its earnings.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 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 Six Flags
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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Other Consideration for investing in Six Stock
If you are still planning to invest in Six Flags Entertainment check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Six Flags' history and understand the potential risks before investing.
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