Comcast Corp Stock Alpha and Beta Analysis

CMCSA Stock  USD 42.21  0.32  0.76%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Comcast Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Comcast Corp over a specified time horizon. Remember, high Comcast Corp'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 Comcast Corp's market risk premium analysis include:
Sharpe Ratio
Expected Return
Please note that although Comcast Corp 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., NYSE Composite index.) So in this particular case, Comcast Corp did 0.17  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 Comcast Corp stock's relative risk over its benchmark. Comcast Corp has a beta of 0.97  . Comcast Corp returns are very sensitive to returns on the market. As the market goes up or down, Comcast Corp is expected to follow. At present, Comcast Corp's Enterprise Value over EBITDA is projected to increase slightly based on the last few years of reporting. . The current year's Price to Book Value is expected to grow to 2.04, whereas Book Value per Share is forecasted to decline to 18.24.

Comcast Corp Quarterly Book Value per Share


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.
Check out Comcast Corp Backtesting, Comcast Corp Valuation, Comcast Corp Correlation, Comcast Corp Hype Analysis, Comcast Corp Volatility, Comcast Corp History and analyze Comcast Corp Performance.
For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.

Comcast Corp Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Comcast Corp market risk premium is the additional return an investor will receive from holding Comcast Corp 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 Comcast Corp. 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 Comcast Corp's performance over market.
α-0.17   β0.97

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

Comcast Corp Market Price Analysis

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

Comcast Corp Return and Market Media

The median price of Comcast Corp for the period between Tue, Sep 5, 2023 and Mon, Dec 4, 2023 is 43.47 with a coefficient of variation of 3.61. The daily time series for the period is distributed with a sample standard deviation of 1.57, arithmetic mean of 43.39, and mean deviation of 1.29. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
Third Class of Comcast NBCUniversal SportsTech Accelerator ... -
Comcast Invests 3.6 Million to Bring Xfinity 10G Network to Rural ... -
EPS Estimate
Financial Statements
The one-year decline in earnings might be taking its toll on Comcast shareholders as stock falls 4.1 percent over the past week - Simply Wall St
Comcast Corp dividend paid on 25th of October 2023
EPS Reported
to Purchase Remaining Stake in Hulu from Comcast - The Walt ... - The Walt Disney Company
Comcast Introduces Multi-Gig Symmetrical Speeds in Atlanta -
Netflix Inc. stock rises Friday, outperforms market - MSN
Understanding Comcast Corp s Growth ... - Stocks Register

About Comcast Corp 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 Comcast or other stocks. Alpha measures the amount that position in Comcast Corp 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.
 2020 2021 2022 2023 (projected)
Long Term Debt to Equity1.110.961.151.02
Interest Coverage3.814.863.64.81

Comcast Corp Upcoming Company Events

As portrayed in its financial statements, the presentation of Comcast Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Comcast Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Comcast Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Comcast Corp. Please utilize our Beneish M Score to check the likelihood of Comcast Corp's management manipulating its earnings.
25th of January 2024
Upcoming Quarterly Report
25th of April 2024
Next Financial Report
31st of December 2023
Next Fiscal Quarter End
25th of January 2024
Next Fiscal Year End
30th of September 2023
Last Quarter Report
31st of December 2022
Last Financial Announcement

Build Portfolio with Comcast Corp

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.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Comcast Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comcast Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comcast Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comcast Corp Stock:
Check out Comcast Corp Backtesting, Comcast Corp Valuation, Comcast Corp Correlation, Comcast Corp Hype Analysis, Comcast Corp Volatility, Comcast Corp History and analyze Comcast Corp Performance.
For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Comcast Corp's price analysis, check to measure Comcast Corp'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 Comcast Corp is operating at the current time. Most of Comcast Corp's value examination focuses on studying past and present price action to predict the probability of Comcast Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comcast Corp's price. Additionally, you may evaluate how the addition of Comcast Corp to your portfolios can decrease your overall portfolio volatility.
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Comcast Corp 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 Comcast Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Comcast Corp 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...