Asbury Automotive Group Stock Alpha and Beta Analysis
| ABG Stock | USD 216.86 1.74 0.81% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Asbury Automotive Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Asbury Automotive over a specified time horizon. Remember, high Asbury Automotive'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 Asbury Automotive's market risk premium analysis include:
Beta 1.98 | Alpha (0.05) | Risk 1.93 | Sharpe Ratio 0.0563 | Expected Return 0.11 |
Asbury Automotive 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.
Asbury |
Asbury Automotive Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Asbury Automotive market risk premium is the additional return an investor will receive from holding Asbury Automotive 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 Asbury Automotive. 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 Asbury Automotive's performance over market.| α | -0.05 | β | 1.98 |
Asbury Automotive 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 Asbury Automotive's Buy-and-hold return. Our buy-and-hold chart shows how Asbury Automotive performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Asbury Automotive Market Price Analysis
Market price analysis indicators help investors to evaluate how Asbury Automotive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asbury Automotive shares will generate the highest return on investment. By understating and applying Asbury Automotive stock market price indicators, traders can identify Asbury Automotive position entry and exit signals to maximize returns.
Asbury Automotive Return and Market Media
The median price of Asbury Automotive for the period between Wed, Jan 24, 2024 and Tue, Apr 23, 2024 is 212.0 with a coefficient of variation of 3.69. The daily time series for the period is distributed with a sample standard deviation of 7.92, arithmetic mean of 214.84, and mean deviation of 6.53. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Exercise or conversion by George Villasana of 1150 shares of Asbury Automotive subject to Rule 16b-3 | 02/06/2024 |
2 | Commonwealth of Pennsylvania Public School Empls Retrmt SYS Decreases Holdings in Asbury Automotive Group ... - MarketBeat | 02/13/2024 |
3 | Disposition of 1299 shares by Daniel Clara of Asbury Automotive subject to Rule 16b-3 | 02/16/2024 |
4 | Acquisition by Nathan Briesemeister of 346 shares of Asbury Automotive subject to Rule 16b-3 | 02/20/2024 |
5 | We Think Asbury Automotive Group Is Taking Some Risk With Its Debt | 03/01/2024 |
6 | Disposition of 102 shares by Nathan Briesemeister of Asbury Automotive subject to Rule 16b-3 | 03/06/2024 |
7 | Disposition of tradable shares by Nathan Briesemeister of Asbury Automotive at 210.21 subject to Rule 16b-3 | 03/07/2024 |
8 | Disposition of 220 shares by Juanita James of Asbury Automotive subject to Rule 16b-3 | 03/08/2024 |
9 | Disposition of 55 shares by Jed Milstein of Asbury Automotive at 209.0 subject to Rule 16b-3 | 03/12/2024 |
10 | Senior Vice President of Strategy Innovation Miran Maric Sold A Bunch Of Shares In Asbury Automotive Group | 03/13/2024 |
11 | Disposition of 6090 shares by David Hult of Asbury Automotive subject to Rule 16b-3 | 03/15/2024 |
12 | Graham Capital Management L.P. Buys New Shares in Asbury Automotive Group, Inc. - Defense World | 03/19/2024 |
13 | Cautious Investors Not Rewarding Asbury Automotive Group, Inc.s Performance Completely | 03/28/2024 |
14 | Disposition of 406 shares by Juanita James of Asbury Automotive at 216.89 subject to Rule 16b-3 | 04/03/2024 |
15 | Auto Dealership BuySell Market Achieves New Transaction Record in 2023, Surpassing 2021 Peak Valuations Remain at All Time Highs for Top Franchises in High Grow... | 04/09/2024 |
16 | Is Asbury Automotive Group, Inc.s 19 percent ROE Strong Compared To Its Industry | 04/15/2024 |
17 | Earnings Preview Asbury Automotive Group Q1 Earnings Expected to Decline | 04/18/2024 |
18 | Asbury Automotive Announces Chief Legal Officer George Villasana to Retire | 04/19/2024 |
About Asbury Automotive 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 Asbury or other stocks. Alpha measures the amount that position in Asbury Automotive 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.
| 2023 | 2024 (projected) | PTB Ratio | 1.45 | 2.14 | Dividend Yield | 2.09 | 2.19 |
Asbury Automotive Upcoming Company Events
As portrayed in its financial statements, the presentation of Asbury Automotive's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Asbury Automotive's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Asbury Automotive's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Asbury Automotive. Please utilize our Beneish M Score to check the likelihood of Asbury Automotive's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 23rd 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 Asbury Automotive
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
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Check out Asbury Automotive Backtesting, Asbury Automotive Valuation, Asbury Automotive Correlation, Asbury Automotive Hype Analysis, Asbury Automotive Volatility, Asbury Automotive History and analyze Asbury Automotive Performance. Note that the Asbury Automotive information on this page should be used as a complementary analysis to other Asbury Automotive'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Asbury Stock analysis
When running Asbury Automotive's price analysis, check to measure Asbury Automotive'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 Asbury Automotive is operating at the current time. Most of Asbury Automotive's value examination focuses on studying past and present price action to predict the probability of Asbury Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asbury Automotive's price. Additionally, you may evaluate how the addition of Asbury Automotive to your portfolios can decrease your overall portfolio volatility.
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Asbury Automotive 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.