Turning Point Brands Stock Alpha and Beta Analysis
| TPB Stock | USD 61.41 0.89 1.43% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Turning Point Brands. It also helps investors analyze the systematic and unsystematic risks associated with investing in Turning Point over a specified time horizon. Remember, high Turning Point'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 Turning Point's market risk premium analysis include:
Beta 0.65 | Alpha 0.62 | Risk 2.08 | Sharpe Ratio 0.34 | Expected Return 0.71 |
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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.
Turning |
Turning Point Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Turning Point market risk premium is the additional return an investor will receive from holding Turning Point 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 Turning Point. 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 Turning Point's performance over market.| α | 0.62 | β | 0.65 |
Turning Point 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 Turning Point's Buy-and-hold return. Our buy-and-hold chart shows how Turning Point performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Turning Point Market Price Analysis
Market price analysis indicators help investors to evaluate how Turning Point stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Turning Point shares will generate the highest return on investment. By understating and applying Turning Point stock market price indicators, traders can identify Turning Point position entry and exit signals to maximize returns.
Turning Point Return and Market Media
The median price of Turning Point for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 42.62 with a coefficient of variation of 16.38. The daily time series for the period is distributed with a sample standard deviation of 7.54, arithmetic mean of 46.06, and mean deviation of 6.07. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Brian Wigginton of 1077 shares of Turning Point at 24.84 subject to Rule 16b-3 | 09/30/2024 |
| Turning Point dividend paid on 4th of October 2024 | 10/04/2024 |
3 | Turning Point Brands to Host Third Quarter 2024 Conference Call | 10/24/2024 |
4 | Turning Point Brands Surged on Quarterly Performance with Strong Growth Across Key Business Segments | 11/05/2024 |
5 | Turning Point Brands Inc Q3 2024 Everything You Need to Know Ahead of Earnings | 11/06/2024 |
6 | Turning Point Brands Announces Third Quarter 2024 Results | 11/07/2024 |
7 | Turning Point Brands Inc Q3 2024 Earnings Call Highlights Strong Growth in Key Segments ... | 11/08/2024 |
8 | Turning Point Brands, Inc. Q3 2024 Earnings Call Transcript | 11/11/2024 |
9 | Turning Point Brands Inc Trading 7.53 percent Higher on Nov 14 | 11/14/2024 |
10 | Turning Point Brands Sets New 1-Year High - Should You Buy - MarketBeat | 11/18/2024 |
About Turning Point 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 Turning or other stocks. Alpha measures the amount that position in Turning Point Brands 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 | 0.005731 | 0.011 | 0.00972 | 0.004963 | Price To Sales Ratio | 1.6 | 0.93 | 1.14 | 1.02 |
Turning Point Upcoming Company Events
As portrayed in its financial statements, the presentation of Turning Point's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Turning Point's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Turning Point's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Turning Point. Please utilize our Beneish M Score to check the likelihood of Turning Point's management manipulating its earnings.
| 23rd of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 23rd of February 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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Check out Turning Point Backtesting, Turning Point Valuation, Turning Point Correlation, Turning Point Hype Analysis, Turning Point Volatility, Turning Point History and analyze Turning Point Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Turning Point 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.