Mi Homes Stock Alpha and Beta Analysis
| MHO Stock | USD 111.09 0.40 0.36% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as MI Homes. It also helps investors analyze the systematic and unsystematic risks associated with investing in MI Homes over a specified time horizon. Remember, high MI Homes' 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 MI Homes' market risk premium analysis include:
Beta 2.64 | Alpha (0.37) | Risk 2.48 | Sharpe Ratio (0.13) | Expected Return (0.32) |
MI Homes 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.
MHO |
MI Homes Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. MI Homes market risk premium is the additional return an investor will receive from holding MI Homes 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 MI Homes. 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 MI Homes' performance over market.| α | -0.37 | β | 2.64 |
MI Homes 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 MI Homes' Buy-and-hold return. Our buy-and-hold chart shows how MI Homes performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.MI Homes Market Price Analysis
Market price analysis indicators help investors to evaluate how MI Homes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MI Homes shares will generate the highest return on investment. By understating and applying MI Homes stock market price indicators, traders can identify MI Homes position entry and exit signals to maximize returns.
MI Homes Return and Market Media
The median price of MI Homes for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 is 125.78 with a coefficient of variation of 4.61. The daily time series for the period is distributed with a sample standard deviation of 5.76, arithmetic mean of 125.12, and mean deviation of 4.61. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | MI Homes Misses Q4 Earnings and Revenue Estimates | 01/31/2024 |
2 | Acquisition by Soll Bruce A of 230 shares of MI Homes subject to Rule 16b-3 | 02/16/2024 |
3 | Disposition of tradable shares by Phillip Creek of MI Homes at 118.06 subject to Rule 16b-3 | 02/20/2024 |
4 | Disposition of tradable shares by Robert Schottenstein of MI Homes at 119.47 subject to Rule 16b-3 | 02/21/2024 |
5 | Disposition of 700 shares by Ann Hunker of MI Homes at 27.62 subject to Rule 16b-3 | 03/07/2024 |
6 | Disposition of 100 shares by Ann Hunker of MI Homes at 128.28 subject to Rule 16b-3 | 03/08/2024 |
7 | Heres How Much You Would Have Made Owning MI Homes Stock In The Last 15 Years | 03/14/2024 |
8 | The Punch List New projects from MI Homes come at critical time for Central Ohios housing market | 03/18/2024 |
9 | Nordea Investment Management AB Sells 2496 Shares of MI Homes, Inc. - Defense World | 03/21/2024 |
10 | MI Homes Trading Up 5.9 percent - MarketBeat | 03/28/2024 |
11 | MI Homes Shares Down 5.7 percent - MarketBeat | 04/02/2024 |
12 | MI Homes, Inc. Announces First Quarter Earnings Webcast | 04/09/2024 |
13 | Heres How Much 1000 Invested In MI Homes 10 Years Ago Would Be Worth Today | 04/15/2024 |
14 | Does MI Homes Have A Healthy Balance Sheet | 04/18/2024 |
About MI Homes 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 MHO or other stocks. Alpha measures the amount that position in MI Homes 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 | 0.006214 | 0.008836 | 0.007952 | 0.007554 | Price To Sales Ratio | 0.48 | 0.31 | 0.95 | 1.0 |
MI Homes Upcoming Company Events
As portrayed in its financial statements, the presentation of MI Homes' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MI Homes' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of MI Homes' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of MI Homes. Please utilize our Beneish M Score to check the likelihood of MI Homes' management manipulating its earnings.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 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 MI Homes
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 MI Homes Backtesting, MI Homes Valuation, MI Homes Correlation, MI Homes Hype Analysis, MI Homes Volatility, MI Homes History and analyze MI Homes Performance. To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.Note that the MI Homes information on this page should be used as a complementary analysis to other MI Homes' 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for MHO Stock analysis
When running MI Homes' price analysis, check to measure MI Homes' 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 MI Homes is operating at the current time. Most of MI Homes' value examination focuses on studying past and present price action to predict the probability of MI Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MI Homes' price. Additionally, you may evaluate how the addition of MI Homes to your portfolios can decrease your overall portfolio volatility.
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MI Homes 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.