Tecnoglass Stock Alpha and Beta Analysis
| TGLS Stock | USD 81.05 1.39 1.74% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Tecnoglass. It also helps investors analyze the systematic and unsystematic risks associated with investing in Tecnoglass over a specified time horizon. Remember, high Tecnoglass' 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 Tecnoglass' market risk premium analysis include:
Beta 1.31 | Alpha 0.26 | Risk 2.5 | Sharpe Ratio 0.21 | Expected Return 0.51 |
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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.
Tecnoglass |
Tecnoglass Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Tecnoglass market risk premium is the additional return an investor will receive from holding Tecnoglass 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 Tecnoglass. 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 Tecnoglass' performance over market.| α | 0.26 | β | 1.31 |
Tecnoglass 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 Tecnoglass' Buy-and-hold return. Our buy-and-hold chart shows how Tecnoglass performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Tecnoglass Market Price Analysis
Market price analysis indicators help investors to evaluate how Tecnoglass stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tecnoglass shares will generate the highest return on investment. By understating and applying Tecnoglass stock market price indicators, traders can identify Tecnoglass position entry and exit signals to maximize returns.
Tecnoglass Return and Market Media
The median price of Tecnoglass for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 69.66 with a coefficient of variation of 8.25. The daily time series for the period is distributed with a sample standard deviation of 5.79, arithmetic mean of 70.18, and mean deviation of 4.52. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | What Makes Tecnoglass a Strong Momentum Stock Buy Now | 10/14/2024 |
| Tecnoglass dividend paid on 31st of October 2024 | 10/31/2024 |
2 | 10 Cheapest Tecno Phones to Buy | 11/06/2024 |
3 | The Zacks Analyst Blog Highlights Home Depot, Lowes, GMS and Tecnoglass | 11/08/2024 |
4 | Tecnoglass to Attend the Baird 2024 Global Industrial Conference | 11/11/2024 |
5 | Tecnoglass Inc Stock Price Down 8.62 percent on Nov 12 | 11/12/2024 |
6 | Insider Selling Director Julio Torres Sells 30,520 Shares of Tecnoglass Inc | 11/13/2024 |
7 | Zacks Industry Outlook The Home Depot, Lowes, Fastenal, Beacon Roofing Supply and Tecnoglass | 11/15/2024 |
8 | Tecnoglass Inc Shares Up 3.21 percent on Nov 21 | 11/21/2024 |
9 | Disposition of 30000 shares by Torres Julio A. of Tecnoglass at 32.7805 subject to Rule 16b-3 | 11/25/2024 |
10 | MUVIQ partners with Monet and Tecno System to showcase Innovative Electrified Solutions at PoliTos Sustainable Vehicle Era event | 11/26/2024 |
11 | Is It Too Late To Consider Buying Tecnoglass Inc. | 11/27/2024 |
12 | Tecnoglass Earns Hold Rating from Analysts at StockNews.com | 11/29/2024 |
About Tecnoglass 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 Tecnoglass or other stocks. Alpha measures the amount that position in Tecnoglass 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 | 0.004199 | 0.008773 | 0.007564 | 0.0101 | Price To Sales Ratio | 2.51 | 2.05 | 2.61 | 2.74 |
Tecnoglass Upcoming Company Events
As portrayed in its financial statements, the presentation of Tecnoglass' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tecnoglass' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Tecnoglass' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Tecnoglass. Please utilize our Beneish M Score to check the likelihood of Tecnoglass' management manipulating its earnings.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 2nd 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 |
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Additional Tools for Tecnoglass Stock Analysis
When running Tecnoglass' price analysis, check to measure Tecnoglass' 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 Tecnoglass is operating at the current time. Most of Tecnoglass' value examination focuses on studying past and present price action to predict the probability of Tecnoglass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tecnoglass' price. Additionally, you may evaluate how the addition of Tecnoglass to your portfolios can decrease your overall portfolio volatility.