Daktronics Stock Alpha and Beta Analysis
| DAKT Stock | USD 8.96 0.10 1.10% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Daktronics. It also helps investors analyze the systematic and unsystematic risks associated with investing in Daktronics over a specified time horizon. Remember, high Daktronics' 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 Daktronics' market risk premium analysis include:
Beta 1.75 | Alpha 0.11 | Risk 2.48 | Sharpe Ratio 0.11 | Expected Return 0.28 |
Enterprise Value |
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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.
Daktronics |
Daktronics Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Daktronics market risk premium is the additional return an investor will receive from holding Daktronics 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 Daktronics. 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 Daktronics' performance over market.| α | 0.11 | β | 1.75 |
Daktronics 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 Daktronics' Buy-and-hold return. Our buy-and-hold chart shows how Daktronics performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Daktronics Market Price Analysis
Market price analysis indicators help investors to evaluate how Daktronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daktronics shares will generate the highest return on investment. By understating and applying Daktronics stock market price indicators, traders can identify Daktronics position entry and exit signals to maximize returns.
Daktronics Return and Market Media
The median price of Daktronics for the period between Fri, Jan 19, 2024 and Thu, Apr 18, 2024 is 8.78 with a coefficient of variation of 10.34. The daily time series for the period is distributed with a sample standard deviation of 0.89, arithmetic mean of 8.63, and mean deviation of 0.79. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Daktronics to Release Quarterly Earnings on Wednesday - AmericanBankingNEWS | 02/26/2024 |
2 | Daktronics Fiscal Q3 Earnings Snapshot | 02/28/2024 |
3 | Daktronics, Inc. Q3 2024 Earnings Call Transcript | 02/29/2024 |
4 | Daktronics Third Quarter 2024 Earnings EPS US0.23 | 03/01/2024 |
5 | Daktronics to Present at Sidoti Small-Cap Virtual Conference March 13-14 | 03/08/2024 |
6 | Jacobs Levy Equity Management Inc. Grows Stock Position in Daktronics, Inc. - Defense World | 03/15/2024 |
7 | Public Employees Retirement System of Ohio Grows Stock Holdings in Daktronics, Inc. - Defense World | 03/28/2024 |
8 | The Market Doesnt Like What It Sees From Daktronics, Inc.s Revenues Yet | 04/16/2024 |
About Daktronics 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 Daktronics or other stocks. Alpha measures the amount that position in Daktronics 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) | Dividend Yield | 5.3E-5 | 5.0E-5 | Price To Sales Ratio | 0.25 | 0.24 |
Daktronics Upcoming Company Events
As portrayed in its financial statements, the presentation of Daktronics' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Daktronics' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Daktronics' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Daktronics. Please utilize our Beneish M Score to check the likelihood of Daktronics' management manipulating its earnings.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View |
Build Portfolio with Daktronics
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 Daktronics Backtesting, Daktronics Valuation, Daktronics Correlation, Daktronics Hype Analysis, Daktronics Volatility, Daktronics History and analyze Daktronics Performance. For more information on how to buy Daktronics Stock please use our How to Invest in Daktronics guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Daktronics Stock analysis
When running Daktronics' price analysis, check to measure Daktronics' 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 Daktronics is operating at the current time. Most of Daktronics' value examination focuses on studying past and present price action to predict the probability of Daktronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daktronics' price. Additionally, you may evaluate how the addition of Daktronics to your portfolios can decrease your overall portfolio volatility.
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