Comtech Stock Alpha and Beta Analysis


USD 11.22  0.40  3.44%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Comtech Telecom. It also helps investors analyze the systematic and unsystematic risks associated with investing in Comtech Telecom over a specified time horizon. Remember, high Comtech Telecom'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.
Continue to Comtech Telecom Backtesting, Comtech Telecom Valuation, Comtech Telecom Correlation, Comtech Telecom Hype Analysis, Comtech Telecom Volatility, Comtech Telecom History and analyze Comtech Telecom Performance.
Please note that although Comtech Telecom 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, Comtech Telecom did 0.007249  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 Comtech Telecom stock's relative risk over its benchmark. Comtech Telecom has a beta of 1.19  . Let's try to break down what Comtech's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Comtech Telecom will likely underperform.
Comtech Telecom Book Value per Share is relatively stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 18.85. Tangible Assets Book Value per Share is expected to hike to 14.67 this year, although Enterprise Value over EBIT will most likely fall to (16.13) .
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.

Enterprise Value

859.84 Million

Comtech Telecom Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Comtech Telecom market risk premium is the additional return an investor will receive from holding Comtech Telecom 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 Comtech Telecom. 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 Comtech Telecom's performance over market.
α-0.0072   β1.19
90 days against DJI

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

Comtech Telecom Market Price Analysis

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

Comtech Telecom Return and Market Media

The median price of Comtech Telecom for the period between Tue, Aug 30, 2022 and Mon, Nov 28, 2022 is 10.91 with a coefficient of variation of 7.87. The daily time series for the period is distributed with a sample standard deviation of 0.85, arithmetic mean of 10.78, and mean deviation of 0.72. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
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Financial Statements09/13/2022
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Nokia builds Canada RD hub for 300M - FierceWireless10/17/2022
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About Comtech Telecom 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 Comtech or other stocks. Alpha measures the amount that position in Comtech Telecom 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.
 2019 2021 2022 (projected)
Long Term Debt to Equity0.270.230.32
Interest Coverage2.592.332.39

Comtech Telecom Upcoming Company Events

As portrayed in its financial statements, the presentation of Comtech Telecom's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Comtech Telecom's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Comtech Telecom's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Comtech Telecom. Please utilize our Beneish M Score to check the likelihood of Comtech Telecom's management manipulating its earnings.
Upcoming Quarterly Report10th of March 2022
Next Financial Report14th of June 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End3rd of October 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

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Continue to Comtech Telecom Backtesting, Comtech Telecom Valuation, Comtech Telecom Correlation, Comtech Telecom Hype Analysis, Comtech Telecom Volatility, Comtech Telecom History and analyze Comtech Telecom Performance. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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