Cognizant Technology Solutions Stock Alpha and Beta Analysis
| CTSH Stock | USD 67.13 0.41 0.61% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Cognizant Technology Solutions. It also helps investors analyze the systematic and unsystematic risks associated with investing in Cognizant Technology over a specified time horizon. Remember, high Cognizant Technology'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 Cognizant Technology's market risk premium analysis include:
Beta 1.01 | Alpha (0.25) | Risk 1.08 | Sharpe Ratio (0.20) | Expected Return (0.21) |
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.
Cognizant |
Cognizant Technology Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Cognizant Technology market risk premium is the additional return an investor will receive from holding Cognizant Technology 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 Cognizant Technology. 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 Cognizant Technology's performance over market.| α | -0.25 | β | 1.01 |
Cognizant Technology 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 Cognizant Technology's Buy-and-hold return. Our buy-and-hold chart shows how Cognizant Technology performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Cognizant Technology Market Price Analysis
Market price analysis indicators help investors to evaluate how Cognizant Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cognizant Technology shares will generate the highest return on investment. By understating and applying Cognizant Technology stock market price indicators, traders can identify Cognizant Technology position entry and exit signals to maximize returns.
Cognizant Technology Return and Market Media
The median price of Cognizant Technology for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 is 76.69 with a coefficient of variation of 4.34. The daily time series for the period is distributed with a sample standard deviation of 3.27, arithmetic mean of 75.26, and mean deviation of 2.7. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
| Cognizant Technology dividend paid on 28th of February 2024 | 02/28/2024 |
1 | Acquisition by Jatin Dalal of 2687 shares of Cognizant Technology subject to Rule 16b-3 | 03/04/2024 |
2 | Disposition of 3708 shares by Jatin Dalal of Cognizant Technology at 79.08 subject to Rule 16b-3 | 03/06/2024 |
3 | Disposition of 900 shares by Kathryn Diaz of Cognizant Technology at 77.055 subject to Rule 16b-3 | 03/12/2024 |
4 | Acquisition by Balu Ayyar of 8780 shares of Cognizant Technology subject to Rule 16b-3 | 03/19/2024 |
5 | IT consulting firm Cognizant Technology Solutions exits Charlotte office space in University City | 03/27/2024 |
6 | Disposition of 882 shares by John Kim of Cognizant Technology subject to Rule 16b-3 | 03/28/2024 |
7 | Cognizant to overhaul McCormicks tech infrastructure with AI-driven tools | 04/02/2024 |
8 | Cognizant , McCormik Team Up for Digital Transformation | 04/03/2024 |
9 | Heres Why Cognizant is a Strong Value Stock | 04/05/2024 |
10 | Cognizant Boosts Retail Sector With Latest Partnership | 04/10/2024 |
11 | Cognizant Has Awarded 70 Million to Advance Globally Diverse Communities | 04/11/2024 |
12 | 1000 Invested In Cognizant Tech Solns 20 Years Ago Would Be Worth This Much Today | 04/12/2024 |
13 | Demand Planning Solutions Market to Grow at CAGR of 11.6 percent through 2033 Top Technology Providers, SuppliersPartners, Platforms, Applications Forecast | 04/16/2024 |
14 | 3 Tech Stock Winners to Buy Now for a Huge 2024 | 04/18/2024 |
About Cognizant Technology 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 Cognizant or other stocks. Alpha measures the amount that position in Cognizant Technology 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 | 0.0109 | 0.019 | 0.0155 | 0.0174 | Price To Sales Ratio | 2.53 | 1.52 | 1.97 | 1.87 |
Cognizant Technology Upcoming Company Events
As portrayed in its financial statements, the presentation of Cognizant Technology's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cognizant Technology's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Cognizant Technology's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Cognizant Technology. Please utilize our Beneish M Score to check the likelihood of Cognizant Technology's management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of February 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 Cognizant Technology
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
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Check out Cognizant Technology Backtesting, Cognizant Technology Valuation, Cognizant Technology Correlation, Cognizant Technology Hype Analysis, Cognizant Technology Volatility, Cognizant Technology History and analyze Cognizant Technology Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Cognizant Stock analysis
When running Cognizant Technology's price analysis, check to measure Cognizant Technology'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 Cognizant Technology is operating at the current time. Most of Cognizant Technology's value examination focuses on studying past and present price action to predict the probability of Cognizant Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognizant Technology's price. Additionally, you may evaluate how the addition of Cognizant Technology to your portfolios can decrease your overall portfolio volatility.
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Cognizant Technology 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.