Activision Stock Alpha and Beta Analysis

ATVI -  USA Stock  

USD 60.62  0.29  0.48%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Activision Blizzard. It also helps investors analyze the systematic and unsystematic risks associated with investing in Activision Blizzard over a specified time horizon. Remember, high Activision Blizzard'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.
Please continue to Activision Blizzard Backtesting, Activision Blizzard Valuation, Activision Blizzard Correlation, Activision Blizzard Hype Analysis, Activision Blizzard Volatility, Activision Blizzard History and analyze Activision Blizzard Performance.

Activision Beta 

Please note that although Activision Blizzard alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Activision Blizzard did 0.40  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Activision Blizzard stock's relative risk over its benchmark. Activision Blizzard has a beta of 0.55  . Let's try to break down what Activision's beta means in this case. As returns on the market increase, Activision Blizzard returns are expected to increase less than the market. However, during the bear market, the loss on holding Activision Blizzard will be expected to be smaller as well.
The current Enterprise Value is estimated to increase to about 73.3 B, while Book Value per Share is projected to decrease to 17.18.
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.

Activision Blizzard Quarterly Book Value per Share


Activision Blizzard Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Activision Blizzard market risk premium is the additional return an investor will receive from holding Activision Blizzard 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 Activision Blizzard. 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 Activision Blizzard's performance over market.
α-0.4   β0.55
90 days against DJI

Activision Blizzard 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 Activision Blizzard's Buy-and-hold return. Our buy-and-hold chart shows how Activision Blizzard performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Activision Blizzard Market Price Analysis

Market price analysis indicators help investors to evaluate how Activision Blizzard stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Activision Blizzard shares will generate the highest return on investment. By understating and applying Activision Blizzard stock market price indicators, traders can identify Activision Blizzard position entry and exit signals to maximize returns.

Activision Blizzard Return and Market Media

The median price of Activision Blizzard for the period between Mon, Aug 30, 2021 and Sun, Nov 28, 2021 is 77.29 with a coefficient of variation of 8.22. The daily time series for the period is distributed with a sample standard deviation of 6.15, arithmetic mean of 74.86, and mean deviation of 4.99. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
Activision Blizzard has really strong fundamentals, this por...09/10/2021
Financial Statements09/14/2021
EPS Estimate09/30/2021
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Activision Blizzard CEO cuts his salary, waives arbitration ...10/28/2021
EPS Reported11/02/2021
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About Activision Blizzard 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 equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Activision Blizzard 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.
 2018 2019 2021 (projected)
Long Term Debt to Equity0.240.210.25
Interest Coverage26.51146.0940.93

Activision Blizzard Upcoming Company Events

As portrayed in its financial statements, the presentation of Activision Blizzard's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Activision Blizzard's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Activision Blizzard's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Activision Blizzard. Please utilize our Beneish M Score to check the likelihood of Activision Blizzard's management manipulating its earnings.
Upcoming Quarterly Report3rd of February 2022
Next Earnings Report3rd of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End3rd of February 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

Build Portfolio with Activision Blizzard

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Please continue to Activision Blizzard Backtesting, Activision Blizzard Valuation, Activision Blizzard Correlation, Activision Blizzard Hype Analysis, Activision Blizzard Volatility, Activision Blizzard History and analyze Activision Blizzard Performance. Note that the Activision Blizzard information on this page should be used as a complementary analysis to other Activision Blizzard'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Activision Blizzard 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.
A focus of Activision Blizzard technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Activision Blizzard trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...