Wex Inc Stock Alpha and Beta Analysis
| WEX Stock | USD 233.31 0.71 0.30% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Wex Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Wex over a specified time horizon. Remember, high Wex'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 Wex's market risk premium analysis include:
Beta 0.99 | Alpha 0.14 | Risk 1.23 | Sharpe Ratio 0.16 | Expected Return 0.2 |
Wex 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.
Wex |
Wex Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Wex market risk premium is the additional return an investor will receive from holding Wex 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 Wex. 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 Wex's performance over market.| α | 0.14 | β | 0.99 |
Wex 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 Wex's Buy-and-hold return. Our buy-and-hold chart shows how Wex performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Wex Market Price Analysis
Market price analysis indicators help investors to evaluate how Wex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wex shares will generate the highest return on investment. By understating and applying Wex stock market price indicators, traders can identify Wex position entry and exit signals to maximize returns.
Wex Return and Market Media
The median price of Wex for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 228.84 with a coefficient of variation of 5.76. The daily time series for the period is distributed with a sample standard deviation of 12.89, arithmetic mean of 223.8, and mean deviation of 11.14. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | WEX Inc. Reports Fourth Quarter and Full Year 2023 Financial Results | 02/08/2024 |
2 | Disposition of 13000 shares by Melissa Smith of Wex at 103.75 subject to Rule 16b-3 | 02/16/2024 |
3 | Disposition of tradable shares by Ann Drew of Wex at 103.75 subject to Rule 16b-3 | 02/20/2024 |
4 | Gotham Asset Management LLC Decreases Stock Position in WEX Inc. | 03/05/2024 |
5 | Disposition of 564 shares by Trickett Sara of Wex at 173.56 subject to Rule 16b-3 | 03/07/2024 |
6 | Disposition of 119 shares by Melanie Tinto of Wex at 233.95 subject to Rule 16b-3 | 03/15/2024 |
7 | Disposition of 309 shares by Jagtar Narula of Wex at 233.24 subject to Rule 16b-3 | 03/19/2024 |
8 | WEX Named to Newsweeks Americas Greatest Workplaces for Diversity, Women in 2024 | 04/02/2024 |
9 | Acquisition by Callahan Don of 110 shares of Wex subject to Rule 16b-3 | 04/04/2024 |
10 | WEX Inc. to Release First Quarter 2024 Financial Results on April 25, 2024 | 04/10/2024 |
11 | WEX launches EV at-home charging reimbursement solution | 04/16/2024 |
12 | Wex Reports Next Week Wall Street Expects Earnings Growth | 04/18/2024 |
13 | What You Can Learn From WEX Inc.s PE | 04/19/2024 |
About Wex 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 Wex or other stocks. Alpha measures the amount that position in Wex Inc 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) | Days Sales Outstanding | 570.27 | 508.66 | 511.32 | 854.35 | PTB Ratio | 3.41 | 4.4 | 4.57 | 4.55 |
Wex Upcoming Company Events
As portrayed in its financial statements, the presentation of Wex's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Wex's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Wex's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Wex. Please utilize our Beneish M Score to check the likelihood of Wex'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 Wex
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 Wex Backtesting, Wex Valuation, Wex Correlation, Wex Hype Analysis, Wex Volatility, Wex History and analyze Wex Performance. Note that the Wex Inc information on this page should be used as a complementary analysis to other Wex'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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Wex Stock analysis
When running Wex's price analysis, check to measure Wex'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 Wex is operating at the current time. Most of Wex's value examination focuses on studying past and present price action to predict the probability of Wex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wex's price. Additionally, you may evaluate how the addition of Wex to your portfolios can decrease your overall portfolio volatility.
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