Firstenergy Stock Alpha and Beta Analysis
| FE Stock | USD 38.17 0.54 1.44% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as FirstEnergy. It also helps investors analyze the systematic and unsystematic risks associated with investing in FirstEnergy over a specified time horizon. Remember, high FirstEnergy'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 FirstEnergy's market risk premium analysis include:
Beta 0.0532 | Alpha 0.0226 | Risk 1.15 | Sharpe Ratio 0.0555 | Expected Return 0.0641 |
FirstEnergy 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.
FirstEnergy |
FirstEnergy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. FirstEnergy market risk premium is the additional return an investor will receive from holding FirstEnergy 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 FirstEnergy. 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 FirstEnergy's performance over market.| α | 0.02 | β | 0.05 |
FirstEnergy 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 FirstEnergy's Buy-and-hold return. Our buy-and-hold chart shows how FirstEnergy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.FirstEnergy Market Price Analysis
Market price analysis indicators help investors to evaluate how FirstEnergy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FirstEnergy shares will generate the highest return on investment. By understating and applying FirstEnergy stock market price indicators, traders can identify FirstEnergy position entry and exit signals to maximize returns.
FirstEnergy Return and Market Media
The median price of FirstEnergy for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 is 37.4 with a coefficient of variation of 2.31. The daily time series for the period is distributed with a sample standard deviation of 0.86, arithmetic mean of 37.33, and mean deviation of 0.73. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
| FirstEnergy dividend paid on 1st of March 2024 | 03/01/2024 |
1 | WATCH LIVE Biden classified documents Special Counsel Robert Hur testifies in House hearing | 03/11/2024 |
2 | Campbells Soup has known for years it was polluting Lake Erie and kept doing it anyway Today in Ohio | 03/21/2024 |
3 | Acquisition by Croom Jana T of 1043 shares of FirstEnergy subject to Rule 16b-3 | 04/01/2024 |
4 | Sam Randazzo, former top utility regulator accused of taking 4.3 million bribe, found dead | 04/09/2024 |
5 | FirstEnergy is a Top-Ranked Momentum Stock Should You Buy | 04/10/2024 |
6 | FirstEnergy customers Significant rate drop coming | 04/11/2024 |
7 | What happens to the criminal cases against former FirstEnergy execs following Sam Randazzos death Today in Ohio | 04/12/2024 |
8 | Settlement Reached in FirstEnergy Ohio Utilities Grid Modernization Plan | 04/15/2024 |
9 | FirstEnergy Names John Combs Senior Vice President, Shared Services | 04/16/2024 |
10 | Progressive is officially putting its former main headquarters on the market | 04/18/2024 |
About FirstEnergy 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 FirstEnergy or other stocks. Alpha measures the amount that position in FirstEnergy 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 | 0.0375 | 0.0372 | 0.0431 | 0.0493 | Price To Sales Ratio | 2.04 | 1.92 | 1.63 | 1.02 |
FirstEnergy Upcoming Company Events
As portrayed in its financial statements, the presentation of FirstEnergy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, FirstEnergy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of FirstEnergy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of FirstEnergy. Please utilize our Beneish M Score to check the likelihood of FirstEnergy's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th 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 FirstEnergy
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 FirstEnergy Backtesting, FirstEnergy Valuation, FirstEnergy Correlation, FirstEnergy Hype Analysis, FirstEnergy Volatility, FirstEnergy History and analyze FirstEnergy Performance. For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.Note that the FirstEnergy information on this page should be used as a complementary analysis to other FirstEnergy'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for FirstEnergy Stock analysis
When running FirstEnergy's price analysis, check to measure FirstEnergy'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 FirstEnergy is operating at the current time. Most of FirstEnergy's value examination focuses on studying past and present price action to predict the probability of FirstEnergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstEnergy's price. Additionally, you may evaluate how the addition of FirstEnergy to your portfolios can decrease your overall portfolio volatility.
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FirstEnergy 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.