La Z Boy Incorporated Stock Alpha and Beta Analysis
| LZB Stock | USD 32.87 0.16 0.49% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as La Z Boy Incorporated. It also helps investors analyze the systematic and unsystematic risks associated with investing in La Z over a specified time horizon. Remember, high La Z'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 La Z's market risk premium analysis include:
Beta 1.93 | Alpha (0.22) | Risk 1.84 | Sharpe Ratio (0.04) | Expected Return (0.07) |
La Z 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.
LZB |
La Z Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. La Z market risk premium is the additional return an investor will receive from holding La Z 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 La Z. 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 La Z's performance over market.| α | -0.22 | β | 1.93 |
La Z 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 La Z's Buy-and-hold return. Our buy-and-hold chart shows how La Z performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.La Z Market Price Analysis
Market price analysis indicators help investors to evaluate how La Z stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading La Z shares will generate the highest return on investment. By understating and applying La Z stock market price indicators, traders can identify La Z position entry and exit signals to maximize returns.
La Z Return and Market Media
The median price of La Z for the period between Fri, Jan 19, 2024 and Thu, Apr 18, 2024 is 36.25 with a coefficient of variation of 3.49. The daily time series for the period is distributed with a sample standard deviation of 1.26, arithmetic mean of 36.12, and mean deviation of 0.98. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Payment of 1011 shares by Robert Sundy of La Z subject to Rule 16b-3 | 01/30/2024 |
2 | La-Z-Boy Incorporated Reports Third Quarter Results | 02/20/2024 |
3 | Earnings Miss La-Z-Boy Incorporated Missed EPS By 8.3 percent And Analysts Are Revising Their Forecasts | 02/23/2024 |
4 | La-Z-Boy Incorporated Passed Our Checks, And Its About To Pay A US0.20 Dividend | 02/28/2024 |
5 | Disposition of 1853 shares by Lavigne Mark Stephen of La Z subject to Rule 16b-3 | 02/29/2024 |
6 | Acquisition by Robert Sundy of 1404 shares of La Z subject to Rule 16b-3 | 03/05/2024 |
7 | Alps Advisors Inc. Boosts Stake in La-Z-Boy Incorporated | 03/08/2024 |
8 | Best Value Stocks to Buy for February 27th - Yahoo Lifestyle Australia | 03/12/2024 |
| La Z dividend paid on 15th of March 2024 | 03/15/2024 |
9 | La-Z-Boy Incorporated Short Interest Update - MarketBeat | 03/18/2024 |
10 | Disposition of 55 shares by Michael Leggett of La Z at 24.41 subject to Rule 16b-3 | 03/21/2024 |
11 | La-Z-Boy executive sells over 114k in company stock | 03/22/2024 |
12 | Heres What We Like About La-Z-Boy Incorporated s Upcoming Dividend - Yahoo Movies Canada | 03/26/2024 |
13 | Why La-Z-Boy Incorporated Could Be Worth Watching | 04/04/2024 |
14 | The three-year underlying earnings growth at La-Z-Boy is promising, but the shareholders are still in the red over that time | 04/17/2024 |
About La Z 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 LZB or other stocks. Alpha measures the amount that position in La Z Boy 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.
| 2011 | 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.008323 | 0.0241 | 0.024 | 0.0246 | Price To Sales Ratio | 1.15 | 0.53 | 0.49 | 0.52 |
La Z Upcoming Company Events
As portrayed in its financial statements, the presentation of La Z's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, La Z's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of La Z's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of La Z. Please utilize our Beneish M Score to check the likelihood of La Z's management manipulating its earnings.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 18th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 18th of June 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 30th of April 2023 Last Financial Announcement | View |
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Check out La Z Backtesting, La Z Valuation, La Z Correlation, La Z Hype Analysis, La Z Volatility, La Z History and analyze La Z Performance. Note that the La Z Boy information on this page should be used as a complementary analysis to other La Z'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for LZB Stock analysis
When running La Z's price analysis, check to measure La Z'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 La Z is operating at the current time. Most of La Z's value examination focuses on studying past and present price action to predict the probability of La Z's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move La Z's price. Additionally, you may evaluate how the addition of La Z to your portfolios can decrease your overall portfolio volatility.
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