Mastec Inc Stock Alpha and Beta Analysis
| MTZ Stock | USD 89.04 2.86 3.32% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as MasTec Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in MasTec over a specified time horizon. Remember, high MasTec'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 MasTec's market risk premium analysis include:
Beta (0.46) | Alpha 0.5 | Risk 2.78 | Sharpe Ratio 0.18 | Expected Return 0.49 |
MasTec Quarterly Cash And Equivalents |
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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.
MasTec |
MasTec Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. MasTec market risk premium is the additional return an investor will receive from holding MasTec 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 MasTec. 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 MasTec's performance over market.| α | 0.50 | β | -0.46 |
MasTec 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 MasTec's Buy-and-hold return. Our buy-and-hold chart shows how MasTec performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.MasTec Market Price Analysis
Market price analysis indicators help investors to evaluate how MasTec stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MasTec shares will generate the highest return on investment. By understating and applying MasTec stock market price indicators, traders can identify MasTec position entry and exit signals to maximize returns.
MasTec Return and Market Media
The median price of MasTec for the period between Sun, Jan 28, 2024 and Sat, Apr 27, 2024 is 84.66 with a coefficient of variation of 12.31. The daily time series for the period is distributed with a sample standard deviation of 9.97, arithmetic mean of 80.98, and mean deviation of 9.12. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | MasTec delivers shareholders respectable 11 percent CAGR over 5 years, surging 5.5 percent in the last week alone | 02/05/2024 |
2 | Disposition of 143 shares by Ernst Csiszar of MasTec at 72.98 subject to Rule 16b-3 | 02/15/2024 |
3 | Acquisition by Jose Sorzano of 514 shares of MasTec subject to Rule 16b-3 | 02/23/2024 |
4 | Acquisition by Jose Sorzano of 503 shares of MasTec subject to Rule 16b-3 | 02/27/2024 |
5 | MasTec Q4 Earnings Snapshot | 02/29/2024 |
6 | MasTec, Inc. Q4 2023 Earnings Call Transcript | 03/05/2024 |
7 | Disposition of 7527 shares by Robert Apple of MasTec at 86.36 subject to Rule 16b-3 | 03/18/2024 |
8 | Teachers Retirement System of The State of Kentucky Increases Stock Holdings in MasTec, Inc. - Defense World | 03/19/2024 |
9 | Orion Marine Soars 5.3 percent Is Further Upside Left in the Stock | 03/22/2024 |
10 | A Closer Look at MasTecs Options Market Dynamics | 03/25/2024 |
11 | Are Construction Stocks Lagging Hillman Solutions Corp. This Year | 03/28/2024 |
12 | Acquisition by Love Timothy Michael of 1600 shares of MasTec subject to Rule 16b-3 | 04/03/2024 |
13 | Heres Why MasTec is a Strong Growth Stock | 04/08/2024 |
14 | IBD Rating Upgrades MasTec Shows Improved Technical Strength | 04/12/2024 |
15 | Are Investors Undervaluing MasTec Right Now | 04/17/2024 |
16 | Stocks Showing Rising Market Leadership MasTec Earns 81 RS Rating | 04/22/2024 |
17 | Tutor Perini Q1 Earnings and Revenues Surpass Estimates | 04/25/2024 |
About MasTec 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 MasTec or other stocks. Alpha measures the amount that position in MasTec 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.007163 | 0.006367 | Price To Sales Ratio | 0.49 | 0.75 |
MasTec Upcoming Company Events
As portrayed in its financial statements, the presentation of MasTec's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MasTec's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of MasTec's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of MasTec. Please utilize our Beneish M Score to check the likelihood of MasTec's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd 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 MasTec
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 MasTec Backtesting, MasTec Valuation, MasTec Correlation, MasTec Hype Analysis, MasTec Volatility, MasTec History and analyze MasTec Performance. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for MasTec Stock analysis
When running MasTec's price analysis, check to measure MasTec'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 MasTec is operating at the current time. Most of MasTec's value examination focuses on studying past and present price action to predict the probability of MasTec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MasTec's price. Additionally, you may evaluate how the addition of MasTec to your portfolios can decrease your overall portfolio volatility.
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MasTec 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.