Paccar Inc Stock Alpha and Beta Analysis
| PCAR Stock | USD 113.74 0.42 0.37% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PACCAR Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in PACCAR over a specified time horizon. Remember, high PACCAR'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 PACCAR's market risk premium analysis include:
Beta 0.75 | Alpha 0.18 | Risk 1.11 | Sharpe Ratio 0.17 | Expected Return 0.19 |
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.
PACCAR |
PACCAR Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. PACCAR market risk premium is the additional return an investor will receive from holding PACCAR 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 PACCAR. 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 PACCAR's performance over market.| α | 0.18 | β | 0.75 |
PACCAR 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 PACCAR's Buy-and-hold return. Our buy-and-hold chart shows how PACCAR performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.PACCAR Market Price Analysis
Market price analysis indicators help investors to evaluate how PACCAR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PACCAR shares will generate the highest return on investment. By understating and applying PACCAR stock market price indicators, traders can identify PACCAR position entry and exit signals to maximize returns.
PACCAR Return and Market Media
The median price of PACCAR for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 113.32 with a coefficient of variation of 6.96. The daily time series for the period is distributed with a sample standard deviation of 7.83, arithmetic mean of 112.44, and mean deviation of 6.57. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 223 shares by John Rich of PACCAR at 110.89 subject to Rule 16b-3 | 03/01/2024 |
| PACCAR dividend paid on 6th of March 2024 | 03/06/2024 |
2 | Why Paccar Dipped More Than Broader Market Today | 03/11/2024 |
3 | PACCAR Recognizes Link as a Top Performing 2023 Supplier | 03/19/2024 |
4 | Platform Science secures 125M to grow OEM partnerships | 04/09/2024 |
5 | PACCAR Inc. Is a Trending Stock Facts to Know Before Betting on It | 04/12/2024 |
6 | Paccar Stock Moves -0.12 percent What You Should Know | 04/15/2024 |
7 | Tesla to Cut Jobs by 10 percent to Manage Costs Amid Low EV Sales | 04/16/2024 |
8 | Will Paccar Beat Estimates Again in Its Next Earnings Report | 04/17/2024 |
9 | Is PACCAR a Great Value Stock Right Now | 04/18/2024 |
10 | General Motors Tops Q1 Earnings Estimates, Lifts 24 View | 04/23/2024 |
About PACCAR 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 PACCAR or other stocks. Alpha measures the amount that position in PACCAR Inc 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 | 0.0231 | 0.0291 | 0.0297 | 0.0377 | Price To Sales Ratio | 1.31 | 1.2 | 1.46 | 1.53 |
PACCAR Upcoming Company Events
As portrayed in its financial statements, the presentation of PACCAR's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PACCAR's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of PACCAR's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of PACCAR. Please utilize our Beneish M Score to check the likelihood of PACCAR's management manipulating its earnings.
| 23rd of April 2024 Upcoming Quarterly Report | View | |
| 23rd of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 28th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with PACCAR
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
Align your risk with return expectations
Check out PACCAR Backtesting, PACCAR Valuation, PACCAR Correlation, PACCAR Hype Analysis, PACCAR Volatility, PACCAR History and analyze PACCAR Performance. Note that the PACCAR Inc information on this page should be used as a complementary analysis to other PACCAR's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for PACCAR Stock analysis
When running PACCAR's price analysis, check to measure PACCAR'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 PACCAR is operating at the current time. Most of PACCAR's value examination focuses on studying past and present price action to predict the probability of PACCAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PACCAR's price. Additionally, you may evaluate how the addition of PACCAR to your portfolios can decrease your overall portfolio volatility.
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PACCAR 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.