Intest Stock Alpha and Beta Analysis
| INTT Stock | USD 11.09 0.05 0.45% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as inTest. It also helps investors analyze the systematic and unsystematic risks associated with investing in InTest over a specified time horizon. Remember, high InTest'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 InTest's market risk premium analysis include:
Beta 0.45 | Alpha (0.18) | Risk 3.27 | Sharpe Ratio (0.04) | Expected Return (0.14) |
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.
InTest |
InTest Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. InTest market risk premium is the additional return an investor will receive from holding InTest 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 InTest. 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 InTest's performance over market.| α | -0.18 | β | 0.45 |
InTest 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 InTest's Buy-and-hold return. Our buy-and-hold chart shows how InTest performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.InTest Market Price Analysis
Market price analysis indicators help investors to evaluate how InTest stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading InTest shares will generate the highest return on investment. By understating and applying InTest stock market price indicators, traders can identify InTest position entry and exit signals to maximize returns.
InTest Return and Market Media
The median price of InTest for the period between Tue, Jan 23, 2024 and Mon, Apr 22, 2024 is 11.71 with a coefficient of variation of 6.32. The daily time series for the period is distributed with a sample standard deviation of 0.75, arithmetic mean of 11.87, and mean deviation of 0.61. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | inTest Corp Issues Preliminary Q4 2023 Results and 2024 Outlook | 02/29/2024 |
2 | Acquisition by Richard Grant of 30536 shares of InTest at 11.33 subject to Rule 16b-3 | 03/06/2024 |
3 | Disposition of 1167 shares by Richard Grant of InTest at 11.16 subject to Rule 16b-3 | 03/08/2024 |
4 | inTEST acquires Italy-based Alfamation S.p.A. | 03/12/2024 |
5 | inTEST delays annual report due to restatement needs By Investing.com - Investing.com Canada | 03/15/2024 |
6 | inTEST Reports Record 123.3 Million in Revenue and Net Income of 9.3 Million for Full Year 2023 | 03/27/2024 |
7 | Earnings call inTEST Corporation reports record revenue in 2023 | 04/01/2024 |
8 | inTEST Co. Forecasted to Post Q1 2024 Earnings of 0.08 Per Share - MarketBeat | 04/04/2024 |
9 | Disposition of 20000 shares by Richard Grant of InTest at 12.8 subject to Rule 16b-3 | 04/09/2024 |
10 | Disposition of 22000 shares by Richard Grant of InTest at 12.03 subject to Rule 16b-3 | 04/10/2024 |
11 | Disposition of 21500 shares by Richard Grant of InTest at 12.03 subject to Rule 16b-3 | 04/11/2024 |
12 | Implied Volatility Surging for inTEST Stock Options - Yahoo New Zealand News | 04/16/2024 |
About InTest 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 InTest or other stocks. Alpha measures the amount that position in inTest 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 | 0.0338 | 0.0321 | Price To Sales Ratio | 1.26 | 1.23 |
InTest Upcoming Company Events
As portrayed in its financial statements, the presentation of InTest's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, InTest's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of InTest's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of InTest. Please utilize our Beneish M Score to check the likelihood of InTest's management manipulating its earnings.
| 1st of March 2024 Upcoming Quarterly Report | View | |
| 3rd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of March 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 InTest
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 InTest Backtesting, InTest Valuation, InTest Correlation, InTest Hype Analysis, InTest Volatility, InTest History and analyze InTest Performance. For more information on how to buy InTest Stock please use our How to Invest in InTest guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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When running InTest's price analysis, check to measure InTest'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 InTest is operating at the current time. Most of InTest's value examination focuses on studying past and present price action to predict the probability of InTest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InTest's price. Additionally, you may evaluate how the addition of InTest to your portfolios can decrease your overall portfolio volatility.
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