Teekay Stock Alpha and Beta Analysis
| TK Stock | USD 7.30 0.02 0.27% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Teekay. It also helps investors analyze the systematic and unsystematic risks associated with investing in Teekay over a specified time horizon. Remember, high Teekay'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 Teekay's market risk premium analysis include:
Beta 0.23 | Alpha (0.21) | Risk 2.29 | Sharpe Ratio (0.12) | Expected Return (0.27) |
Teekay 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.
Teekay |
Teekay Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Teekay market risk premium is the additional return an investor will receive from holding Teekay 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 Teekay. 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 Teekay's performance over market.| α | -0.21 | β | 0.23 |
Teekay 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 Teekay's Buy-and-hold return. Our buy-and-hold chart shows how Teekay performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Teekay Market Price Analysis
Market price analysis indicators help investors to evaluate how Teekay stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Teekay shares will generate the highest return on investment. By understating and applying Teekay stock market price indicators, traders can identify Teekay position entry and exit signals to maximize returns.
Teekay Return and Market Media
The median price of Teekay for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 7.44 with a coefficient of variation of 7.38. The daily time series for the period is distributed with a sample standard deviation of 0.57, arithmetic mean of 7.69, and mean deviation of 0.49. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Teekay Group to Announce Fourth Quarter and Annual 2023 Earnings Results on February 22, 2024 | 02/14/2024 |
2 | Pondering the absurd Bank analysts trade blows over Teekay Tankers - TradeWinds | 02/29/2024 |
3 | The Best Mattresses That Wont Sag, Chosen By Our Sleep Experts | 03/07/2024 |
4 | Southeast Asia Elevators and Escalators Market Report 2024-2029 Featuring Key Vendors - Otis, KONE, Schindler, Hitachi, TK Elevator, Mitsubishi Electric, Fujite... | 03/14/2024 |
5 | Shipping Industry Rises 20.6 percent in 6 Months More Room to Run | 03/19/2024 |
6 | Teekay Group Publishes 2023 Sustainability Report and Announces Availability of Annual Reports on Form 20-F for the Year Ended December 31, 2023 | 03/25/2024 |
7 | Teekay Tankers Low Tanker Fleet Growth Points To Years Of High Profits - Seeking Alpha | 04/01/2024 |
About Teekay 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 Teekay or other stocks. Alpha measures the amount that position in Teekay 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 | 2024 (projected) | Dividend Yield | 0.23 | 0.21 | 0.22 | Price To Sales Ratio | 0.47 | 0.46 | 0.44 |
Teekay Upcoming Company Events
As portrayed in its financial statements, the presentation of Teekay's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Teekay's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Teekay's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Teekay. Please utilize our Beneish M Score to check the likelihood of Teekay's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Teekay
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 Teekay Backtesting, Teekay Valuation, Teekay Correlation, Teekay Hype Analysis, Teekay Volatility, Teekay History and analyze Teekay Performance. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Teekay Stock analysis
When running Teekay's price analysis, check to measure Teekay'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 Teekay is operating at the current time. Most of Teekay's value examination focuses on studying past and present price action to predict the probability of Teekay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teekay's price. Additionally, you may evaluate how the addition of Teekay to your portfolios can decrease your overall portfolio volatility.
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Teekay 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.