Dorman Products Stock Alpha and Beta Analysis
| DORM Stock | USD 89.81 0.41 0.45% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Dorman Products. It also helps investors analyze the systematic and unsystematic risks associated with investing in Dorman Products over a specified time horizon. Remember, high Dorman Products' 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 Dorman Products' market risk premium analysis include:
Beta 1.67 | Alpha 0.0242 | Risk 2.62 | Sharpe Ratio 0.046 | Expected Return 0.12 |
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.
Dorman |
Dorman Products Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Dorman Products market risk premium is the additional return an investor will receive from holding Dorman Products 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 Dorman Products. 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 Dorman Products' performance over market.| α | 0.02 | β | 1.67 |
Dorman Products 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 Dorman Products' Buy-and-hold return. Our buy-and-hold chart shows how Dorman Products performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Dorman Products Market Price Analysis
Market price analysis indicators help investors to evaluate how Dorman Products stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dorman Products shares will generate the highest return on investment. By understating and applying Dorman Products stock market price indicators, traders can identify Dorman Products position entry and exit signals to maximize returns.
Dorman Products Return and Market Media
The median price of Dorman Products for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 90.22 with a coefficient of variation of 5.91. The daily time series for the period is distributed with a sample standard deviation of 5.24, arithmetic mean of 88.73, and mean deviation of 4.57. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Dorman releases fifth edition of award-winning OE FIX Guide | 02/05/2024 |
2 | Dorman Products Issues FY24 Earnings Guidance | 02/27/2024 |
3 | Acquisition by Jeffery Darby of 3059 shares of Dorman Products subject to Rule 16b-3 | 03/04/2024 |
4 | Disposition of 346 shares by David Hession of Dorman Products at 93.22 subject to Rule 16b-3 | 03/05/2024 |
5 | Disposition of 361 shares by Donna Long of Dorman Products at 91.01 subject to Rule 16b-3 | 03/06/2024 |
6 | OLD National Bancorp IN Has 284000 Position in Dorman Products, Inc. - Defense World | 03/15/2024 |
7 | Is Dorman Products Stock Outpacing Its Auto-Tires-Trucks Peers This Year | 03/19/2024 |
8 | Dorman Products Hits New 12-Month High at 96.85 - MarketBeat | 03/27/2024 |
9 | Are Auto-Tires-Trucks Stocks Lagging Dorman Products This Year | 04/04/2024 |
10 | Dorman Products, Inc. Announces Date to Report First Quarter 2024 Financial Results | 04/16/2024 |
11 | General Motors Tops Q1 Earnings Estimates, Lifts 24 View | 04/23/2024 |
About Dorman Products 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 Dorman or other stocks. Alpha measures the amount that position in Dorman Products 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 | 2023 (projected) | Dividend Yield | 0.0944 | 0.11 | Price To Sales Ratio | 1.47 | 1.36 |
Dorman Products Upcoming Company Events
As portrayed in its financial statements, the presentation of Dorman Products' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Dorman Products' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Dorman Products' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Dorman Products. Please utilize our Beneish M Score to check the likelihood of Dorman Products' management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th 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 Dorman Products
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 Dorman Products Backtesting, Dorman Products Valuation, Dorman Products Correlation, Dorman Products Hype Analysis, Dorman Products Volatility, Dorman Products History and analyze Dorman Products Performance. To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Dorman Stock analysis
When running Dorman Products' price analysis, check to measure Dorman Products' 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 Dorman Products is operating at the current time. Most of Dorman Products' value examination focuses on studying past and present price action to predict the probability of Dorman Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorman Products' price. Additionally, you may evaluate how the addition of Dorman Products to your portfolios can decrease your overall portfolio volatility.
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Dorman Products 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.