Public Service Enterprise Stock Alpha and Beta Analysis
| PEG Stock | USD 65.10 0.07 0.11% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Public Service Enterprise. It also helps investors analyze the systematic and unsystematic risks associated with investing in Public Service over a specified time horizon. Remember, high Public Service'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 Public Service's market risk premium analysis include:
Beta 0.68 | Alpha 0.0932 | Risk 1.07 | Sharpe Ratio 0.17 | Expected Return 0.19 |
Public Service 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.
Public |
Public Service Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Public Service market risk premium is the additional return an investor will receive from holding Public Service 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 Public Service. 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 Public Service's performance over market.| α | 0.09 | β | 0.68 |
Public Service 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 Public Service's Buy-and-hold return. Our buy-and-hold chart shows how Public Service performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Public Service Market Price Analysis
Market price analysis indicators help investors to evaluate how Public Service stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Public Service shares will generate the highest return on investment. By understating and applying Public Service stock market price indicators, traders can identify Public Service position entry and exit signals to maximize returns.
Public Service Return and Market Media
The median price of Public Service for the period between Fri, Jan 19, 2024 and Thu, Apr 18, 2024 is 62.05 with a coefficient of variation of 5.69. The daily time series for the period is distributed with a sample standard deviation of 3.52, arithmetic mean of 61.85, and mean deviation of 3.24. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Tompkins Financial Corp Acquires 14,578 Shares of Public Service Enterprise Group Incorporated | 03/11/2024 |
2 | Biden Cancels 5.6 Billion in Student Loans for Public Service Workers | 03/21/2024 |
3 | Former state senator Tom Campbell drops bid for North Dakotas single U.S. House seat | 03/26/2024 |
4 | Clarke says 3,813 permanent posts to be created at NSWMA | 03/28/2024 |
5 | Transport group leaders against fare increase strike action | 04/01/2024 |
6 | New Jerseys 3 nuclear power plants seek to extend licenses for another 20 years | 04/03/2024 |
7 | PSEG seeks to extend licenses for New Jerseys three nuclear power plants | 04/04/2024 |
8 | Stevens receives 1.45 million donation from PSEG Foundation | 04/05/2024 |
9 | PSEG To Announce First Quarter 2024 Financial Results On April 30 | 04/09/2024 |
10 | Pulitzer winner calls Liz Cheney the only person on this planet worthy of award after Ford Foundation snub | 04/11/2024 |
11 | Chris Field Corruption and Crime Commission suggests WA Ombudsman consider his position | 04/12/2024 |
12 | Verdigris Southern Railroad open for business | 04/17/2024 |
About Public Service 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 Public or other stocks. Alpha measures the amount that position in Public Service Enterprise 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 | 2024 (projected) | Dividend Yield | 0.0307 | 0.0354 | 0.0504 | Price To Sales Ratio | 3.46 | 3.11 | 2.85 |
Public Service Upcoming Company Events
As portrayed in its financial statements, the presentation of Public Service's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Public Service's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Public Service's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Public Service. Please utilize our Beneish M Score to check the likelihood of Public Service's management manipulating its earnings.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Public Service Backtesting, Public Service Valuation, Public Service Correlation, Public Service Hype Analysis, Public Service Volatility, Public Service History and analyze Public Service Performance. Note that the Public Service Enterprise information on this page should be used as a complementary analysis to other Public Service'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Public Stock analysis
When running Public Service's price analysis, check to measure Public Service'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 Public Service is operating at the current time. Most of Public Service's value examination focuses on studying past and present price action to predict the probability of Public Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Public Service's price. Additionally, you may evaluate how the addition of Public Service to your portfolios can decrease your overall portfolio volatility.
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Public Service 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.