United Homes Group Stock Alpha and Beta Analysis
| UHG Stock | 6.12 0.01 0.16% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as United Homes Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in United Homes over a specified time horizon. Remember, high United Homes' 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 United Homes' market risk premium analysis include:
Beta 1.77 | Alpha (0.18) | Risk 3.86 | Sharpe Ratio 0.0208 | Expected Return 0.0803 |
Enterprise Value |
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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.
United |
United Homes Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. United Homes market risk premium is the additional return an investor will receive from holding United Homes 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 United Homes. 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 United Homes' performance over market.| α | -0.18 | β | 1.77 |
United Homes 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 United Homes' Buy-and-hold return. Our buy-and-hold chart shows how United Homes performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.United Homes Market Price Analysis
Market price analysis indicators help investors to evaluate how United Homes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United Homes shares will generate the highest return on investment. By understating and applying United Homes stock market price indicators, traders can identify United Homes position entry and exit signals to maximize returns.
United Homes Return and Market Media
The median price of United Homes for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 5.86 with a coefficient of variation of 6.18. The daily time series for the period is distributed with a sample standard deviation of 0.36, arithmetic mean of 5.87, and mean deviation of 0.3. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | The Zacks Analyst Blog Highlights JPMorgan Chase, Thermo Fisher, Arista Networks, United Homes Group and GSI | 09/10/2024 |
2 | United Homes Group Inc Q2 2024 Earnings Call Highlights Navigating Challenges with ... | 10/09/2024 |
3 | Change Healthcare ransomware attack exposes personal health information of over 100 million | 10/28/2024 |
4 | United Homes Group GAAP EPS of -0.15, revenue of 118.6M | 11/08/2024 |
5 | United Homes Group Reports Q3 2024 Financial Results - MSN | 11/20/2024 |
About United Homes 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 United or other stocks. Alpha measures the amount that position in United Homes Group 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 | 0.0916 | 0.14 | 0.0465 | 0.0589 | Price To Sales Ratio | 0.85 | 0.81 | 0.91 | 1.11 |
United Homes Upcoming Company Events
As portrayed in its financial statements, the presentation of United Homes' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, United Homes' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of United Homes' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of United Homes. Please utilize our Beneish M Score to check the likelihood of United Homes' management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Align your risk with return expectations
Check out United Homes Backtesting, United Homes Valuation, United Homes Correlation, United Homes Hype Analysis, United Homes Volatility, United Homes History and analyze United Homes Performance. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
United Homes 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.