Shoe Carnival Stock Alpha and Beta Analysis
| SCVL Stock | USD 39.56 1.81 4.79% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Shoe Carnival. It also helps investors analyze the systematic and unsystematic risks associated with investing in Shoe Carnival over a specified time horizon. Remember, high Shoe Carnival'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 Shoe Carnival's market risk premium analysis include:
Beta 1.04 | Alpha 0.28 | Risk 2.18 | Sharpe Ratio 0.2 | Expected Return 0.43 |
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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.
Shoe |
Shoe Carnival Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Shoe Carnival market risk premium is the additional return an investor will receive from holding Shoe Carnival 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 Shoe Carnival. 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 Shoe Carnival's performance over market.| α | 0.28 | β | 1.04 |
Shoe Carnival 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 Shoe Carnival's Buy-and-hold return. Our buy-and-hold chart shows how Shoe Carnival performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Shoe Carnival Market Price Analysis
Market price analysis indicators help investors to evaluate how Shoe Carnival stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shoe Carnival shares will generate the highest return on investment. By understating and applying Shoe Carnival stock market price indicators, traders can identify Shoe Carnival position entry and exit signals to maximize returns.
Shoe Carnival Return and Market Media
The median price of Shoe Carnival for the period between Wed, Mar 6, 2024 and Tue, Jun 4, 2024 is 34.49 with a coefficient of variation of 5.49. The daily time series for the period is distributed with a sample standard deviation of 1.88, arithmetic mean of 34.28, and mean deviation of 1.51. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Jackson W Kerry of 2201 shares of Shoe Carnival subject to Rule 16b-3 | 03/08/2024 |
2 | Disposition of 11000 shares by Jackson W Kerry of Shoe Carnival at 67.91 subject to Rule 16b-3 | 03/18/2024 |
3 | Shoe Carnival earnings matched, revenue topped estimates | 03/21/2024 |
4 | Disposition of 5415 shares by Carl Scibetta of Shoe Carnival at 35.45 subject to Rule 16b-3 | 03/26/2024 |
5 | Disposition of 9585 shares by Carl Scibetta of Shoe Carnival at 35.45 subject to Rule 16b-3 | 03/27/2024 |
6 | Disposition of 3000 shares by James Aschleman of Shoe Carnival subject to Rule 16b-3 | 04/02/2024 |
7 | Disposition of 4000 shares by James Aschleman of Shoe Carnival subject to Rule 16b-3 | 04/03/2024 |
8 | Shoe Carnival Stock Price Crosses Above 200 Day Moving Average of 27.61 - Defense World | 04/08/2024 |
9 | Disposition of 2467 shares by Guthrie Andrea R. of Shoe Carnival at 32.46 subject to Rule 16b-3 | 04/16/2024 |
| Shoe Carnival dividend paid on 22nd of April 2024 | 04/22/2024 |
10 | Acquisition by Joseph Wood of 401 shares of Shoe Carnival subject to Rule 16b-3 | 05/01/2024 |
11 | Groupon Beats Q1 Earnings and Revenue Estimates | 05/09/2024 |
12 | Are Investors Undervaluing Shoe Carnival, Inc. By 34 | 05/13/2024 |
13 | CAL, SCVL Stepping Out Of Shoe Stocks With Profits | 05/21/2024 |
14 | Shoe Carnival Reports First Quarter Fiscal 2024 Results | 05/23/2024 |
15 | Shoe Carnival Inc Q1 2024 Earnings Call Transcript Highlights Strong Sales Growth ... | 05/24/2024 |
16 | Shoe Carnival, Inc. Q1 2024 Earnings Call Transcript | 05/29/2024 |
About Shoe Carnival 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 Shoe or other stocks. Alpha measures the amount that position in Shoe Carnival 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.
| 2014 | 2020 | 2024 (projected) | Dividend Yield | 0.011 | 0.017 | 0.0486 | Price To Sales Ratio | 0.5 | 0.61 | 0.23 |
Shoe Carnival Upcoming Company Events
As portrayed in its financial statements, the presentation of Shoe Carnival's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Shoe Carnival's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Shoe Carnival's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Shoe Carnival. Please utilize our Beneish M Score to check the likelihood of Shoe Carnival's management manipulating its earnings.
| 27th of March 2024 Upcoming Quarterly Report | View | |
| 22nd of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 27th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
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Additional Information and Resources on Investing in Shoe Stock
When determining whether Shoe Carnival is a strong investment it is important to analyze Shoe Carnival's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shoe Carnival's future performance. For an informed investment choice regarding Shoe Stock, refer to the following important reports:Check out Shoe Carnival Backtesting, Shoe Carnival Valuation, Shoe Carnival Correlation, Shoe Carnival Hype Analysis, Shoe Carnival Volatility, Shoe Carnival History and analyze Shoe Carnival Performance. For more information on how to buy Shoe Stock please use our How to buy in Shoe Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Shoe Carnival 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.