Loop Industries Stock Alpha and Beta Analysis

LOOP -  USA Stock  

USD 13.88  0.34  2.39%

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

Loop Industries Beta 

 
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Please note that although Loop Industries 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, Loop Industries did 0.79  better 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 Loop Industries stock's relative risk over its benchmark. Loop Industries has a beta of 1.91  . Let's try to break down what Loop Industries'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, Loop Industries will likely underperform.
Loop Industries Book Value per Share is very stable at the moment as compared to the past year. Loop Industries reported last year Book Value per Share of 0.80. As of 30th of November 2021, Tangible Assets Book Value per Share is likely to grow to 1.14, while Price to Book Value is likely to drop 10.57.
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.

Loop Industries Quarterly Book Value per Share

1.564Share

Loop Industries Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Loop Industries market risk premium is the additional return an investor will receive from holding Loop Industries 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 Loop Industries. 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 Loop Industries' performance over market.
α0.79   β1.91
90 days against DJI

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

Loop Industries Market Price Analysis

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

Loop Industries Return and Market Media

The median price of Loop Industries for the period between Wed, Sep 1, 2021 and Tue, Nov 30, 2021 is 12.15 with a coefficient of variation of 18.41. The daily time series for the period is distributed with a sample standard deviation of 2.32, arithmetic mean of 12.62, and mean deviation of 1.95. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
What You Need To Know About Loop Industries, Inc.s Investor ...09/03/2021
2
Loop Industries falls 8.95 percent for September 14 - Equiti...09/14/2021
3
Financial Statements09/20/2021
4
Loop Industries gains 1.72 percent for September 22 - Equiti...09/22/2021
5
Loop Industries falls 4.05 percent for October 4 - Equities....10/04/2021
6
Zee-Invesco row ended deal talks no hostile takeover plans R...10/13/2021
7
Loop Industries exotic insider transaction detected10/14/2021
8
EPS Reported10/15/2021
9
Loop Industries falls 0.93 percent to Close at 12.76 on Octo...10/20/2021
10
Is Loop Industries Using Debt In A Risky Way - Simply Wall S...10/26/2021

About Loop Industries 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 Loop Industries 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.
 2017 2018 2019 2021 (projected)
Current Ratio4.430.784.1510.69
Book Value per Share0.320.0780.80.95

Loop Industries Upcoming Company Events

As portrayed in its financial statements, the presentation of Loop Industries' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Loop Industries' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Loop Industries' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Loop Industries. Please utilize our Beneish M Score to check the likelihood of Loop Industries' management manipulating its earnings.
Upcoming Quarterly Report13th of January 2022
Next Earnings Report7th of June 2022
Next Fiscal Quarter End30th of November 2021
Next Fiscal Year End7th of June 2022
Last Quarter Report31st of August 2021
Last Earning Announcement30th of November 2020

Build Portfolio with Loop Industries

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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
Additionally, see Loop Industries Backtesting, Loop Industries Valuation, Loop Industries Correlation, Loop Industries Hype Analysis, Loop Industries Volatility, Loop Industries History and analyze Loop Industries Performance. Note that the Loop Industries information on this page should be used as a complementary analysis to other Loop Industries' 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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Loop Industries Stock analysis

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