Select Energy Services Stock Alpha and Beta Analysis
| WTTR Stock | USD 14.77 0.10 0.68% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Select Energy Services. It also helps investors analyze the systematic and unsystematic risks associated with investing in Select Energy over a specified time horizon. Remember, high Select Energy'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 Select Energy's market risk premium analysis include:
Beta 2.78 | Alpha 0.13 | Risk 3.86 | Sharpe Ratio 0.13 | Expected Return 0.52 |
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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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Select Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Select Energy market risk premium is the additional return an investor will receive from holding Select Energy 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 Select Energy. 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 Select Energy's performance over market.| α | 0.13 | β | 2.78 |
Select Energy 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 Select Energy's Buy-and-hold return. Our buy-and-hold chart shows how Select Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Select Energy Market Price Analysis
Market price analysis indicators help investors to evaluate how Select Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Select Energy shares will generate the highest return on investment. By understating and applying Select Energy stock market price indicators, traders can identify Select Energy position entry and exit signals to maximize returns.
Select Energy Return and Market Media
The median price of Select Energy for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 11.18 with a coefficient of variation of 11.99. The daily time series for the period is distributed with a sample standard deviation of 1.4, arithmetic mean of 11.72, and mean deviation of 1.15. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Energy Sector Rebound 3 Stocks Poised for Strong Gains - MarketBeat | 10/03/2024 |
2 | Heres What We Like About Select Water Solutions Upcoming Dividend | 11/01/2024 |
3 | Select Water Solutions Inc Q3 2024 Earnings Report Preview What To Expect | 11/04/2024 |
4 | Select Water Solutions Inc Trading 3.05 percent Higher on Nov 5 | 11/05/2024 |
5 | Select Water Solutions Announces Third Quarter 2024 Financial Results and Operational Updates | 11/06/2024 |
6 | Select Water Solutions Inc Q3 2024 Earnings Call Highlights Record Revenue and ... | 11/07/2024 |
7 | Disposition of 75000 shares by John Schmitz of Select Energy at 13.93 subject to Rule 16b-3 | 11/08/2024 |
8 | Disposition of 225000 shares by John Schmitz of Select Energy at 13.7 subject to Rule 16b-3 | 11/11/2024 |
| Select Energy dividend paid on 15th of November 2024 | 11/15/2024 |
9 | Select Water Solutions Insiders Sell US529k Of Stock, Possibly Signalling Caution | 11/26/2024 |
About Select Energy 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 Select or other stocks. Alpha measures the amount that position in Select Energy Services 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.0318 | 0.0334 | Price To Sales Ratio | 0.49 | 0.47 |
Select Energy Upcoming Company Events
As portrayed in its financial statements, the presentation of Select Energy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Select Energy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Select Energy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Select Energy. Please utilize our Beneish M Score to check the likelihood of Select Energy's management manipulating its earnings.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th 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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Additional Tools for Select Stock Analysis
When running Select Energy's price analysis, check to measure Select Energy's 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 Select Energy is operating at the current time. Most of Select Energy's value examination focuses on studying past and present price action to predict the probability of Select Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Select Energy's price. Additionally, you may evaluate how the addition of Select Energy to your portfolios can decrease your overall portfolio volatility.